Fossil Energy
Boskalis Completes Dockwise Acquisition (The Netherlands)
Press Release- Reference is made to the press release of 20 March 2013, whereby it was announced that Boskalis Holding B.V. (the Offeror), a wholly-owned subsidiary of Royal Boskalis Westminster N.V. (Boskalis), had initiated a compulsory acquisition of shares under Section 103 of the Bermuda Compan
MWCC Selects Mobile, Alabama for Subsea Equipment Base
Marine Well Containment Company (MWCC) announced today that Mobile, Ala. has been selected as the shorebase location to house the well containment company’s subsea umbilicals, risers and flowlines (SURF) equipment. MWCC’s SURF equipment is an integral part of the company’s expanded containment syste
Malaysia’s Nam Cheong Sells Two Accommodation Work Barges
Nam Cheong, Malaysia’s largest Offshore Support Vessel (“OSV”) builder, today announced that it has sold two vessels worth a total of US$59.0 million. Two Accommodation Work Barges (“AWBs”) were sold to a subsidiary of Perdana Petroleum Berhad (“Perdana”), an established, major offshore marine servi
Chevron Makes Gas Discovery Offshore W. Australia
Chevron today announced further drilling success by its Australian subsidiary in the Exmouth Plateau area, located in the Carnarvon Basin. The Elfin-1 exploration discovery well encountered approximately 132 feet (40 meters) of net gas pay in the upper Mungaroo sands. It is Chevron’s 21st discovery
Simon Møkster Orders PSV from Vard
Vard Holdings Limited, formerly known as STX OSV, one of the major global designers and shipbuilders of offshore and specialized vessels, has entered into a Letter of Intent with Simon Møkster Shipping for the design and construction of one Platform Supply Vessel (PSV). The shipbuilding contract for
Tap Oil: Bianch-1 Well Reaches 1,834m Depth (Australia)
Tap Oil, an independent oil and gas exploration company from Australia, has provided the following update of the Bianchi-1 gas appraisal well in Retention Lease WA-49-R, located off Western Australia. During the period from 0600 hours (AWST) on 15 April 2013 to 0600 hours (AWST) on 23 April 2013, th
DNV Software Releases Offshore Engineering Solution (Norway)
Design and analysis of offshore and maritime structures has previously involved the use of several different models where data from one model must be manually transferred to others – a costly and time-consuming process. DNV Software is now releasing Sesam GeniE 6.4, where design engineers can use on
Total Waiting for Zagreb-1 Rig to Begin Drilling Off Libya
French oil major Total is returning to exploratory drilling offshore Libya. As reported by Reuters, Bernard Avignon, managing director of Total Exploration and Production in Libya said at an industry event in Tripoli that the company hoped to spud the first well in May. The rig, which will be used f
PTTEP Hires FOS Polaris for Montara FPSO Cargo Runs (Australia)
Go Offshore today annouced it has secured a charter contract for its FOS Polaris vessel. Under the agreement signed with PTTEP Australasia, the vessel will be used for cargo operations between FPSO Montara Venture and Darwin, Australia. Financial details of the contract were not disclosed. The Monta
Bass Strait Increases Stake in Offshore Gippsland Basin Permit (Australia)
Bass Strait Oil Company Ltd has increased its participating interest in the exploration permit Vic/P41 in the offshore Gippsland Basin. On 21 March 2013 Moby Oil and Gas Limited announced it had negotiated final terms on which to dispose of its 25% interest in the joint venture and the permit to Oil
Kvaerner Enters New HQ Lease Agreement (Norway)
Kvaerner has signed an agreement with Fornebuporten AS for a long term lease for Fornebuporten – a new headquarters office building which will be built at Fornebu near Oslo. The Fornebu peninsula is a key location for the Norwegian oil and gas industry and the new headquarters gives Kvaerner proximi
Mott MacDonald Secures Khafji Oil Field Contract (Saudi Arabia)
Mott MacDonald has been awarded a five year engineering services consultancy contract by Al Khafji Joint Operations of Saudi Arabia covering the maintenance and development of the 40 year old Khafji oil field. Al Khafji Joint Operations Company is a joint venture between Aramco Gulf Operations Compa
Woodside Returns Additional Cash to Its Shareholders
The Board of Woodside, Australia’s oil and gas company, today announced a plan to return additional cash to its shareholders. “Woodside is in the fortunate position, at the present time, of having a number of promising growth prospects ahead of it and also experiencing strong cash flows.” said Chair
Zenith’s Technology Wins Queen’s Award for Enterprise (UK)
A pioneering automated surveillance system developed by Zenith Oilfield Technology, a Lufkin company, has won the company’s third Queen’s Award for Enterprise. Zenith’s Z-Sight system scooped the top honour in the Innovation category, which was announced on April 21. It is Zenith’s first Innovation