Fossil Energy
Hayden Stays at Tap Oil’s Helm (Australia)
Australia’s independent oil and gas exploration company Tap Oil Limited has announced that the Company and Troy Hayden (the Company’s Managing Director and Chief Executive Officer) have agreed to a variation of Hayden’s existing employment agreement, including and the renewal of his contract beyond
Noble Corp. 1Q Earnings on the Rise
Noble Corporation, an international offshore drilling contractor last night reported first quarter 2013 earnings of $150 million, or $0.59 per diluted share, compared to $128 million, or $0.50 per diluted share, for the fourth quarter of 2012 Earnings for the first quarter of 2012 totaled $120 milli
BP Charters Two PSVs from Viking
Viking Supply Ships Ltd has entered into a contract with BP UK for two Platform Supply Vessels: Idun Viking and SBS Tempest Idun Viking is fixed firm until July 31, 2013 plus options with start the end of March 2013. SBS Tempest is fixed firm until January 31, 2014 plus options with start in direct
Qatargas: 11 Years without LTI
Qatargas has completed eleven years of operations on its offshore facilities without a Lost Time Accident (LTA) – a significant milestone demonstrating the company’s outstanding safety performance. Comprising nine offshore platforms, the Qatargas Offshore facilities supply gas and condensate to the
HitecVision Buys Deep Sea Mooring from Odfjell Drilling
Odfjell Drilling has agreed to sell Deep Sea Mooring to HitecVision. Deep Sea Mooring (DSM) was established by Odfjell Drilling in 2008. DSM has been developed from an in-house mooring service provider to one of three providers of mooring services to E&P companies and rig owners in Norway. The compa
SOCO Schedules FPSO Capacity Test for June (Vietnam)
SOCO has announced that following the agreement of the owner and operator of the Floating Production Storage and Operating (“FPSO”) vessel, and approval from the relevant Vietnamese authorities, the Hoang Long Joint Operating Company (“HLJOC”) has completed the first phase of a multi-stage test of t
AMEC to Support Forties Pipeline System for Two More Years (UK)
AMEC, the international engineering and project management company, has been awarded a two-year integrated services contract renewal by BP to provide operations, maintenance and project support to the Forties Pipeline System (FPS) in the North Sea. The contract is valued at between £10 million and £
Ezion’s JV to Provide Service Rig for PEMEX (Mexico)
Singapore’s Ezion Holdings has announced that it has in Joint Venture with Kim Seng Holdings Pte secured a contract with an approximate value of up to USD 148.6 million to provide a Service Rig over a 7 year period to support the oil & gas activities of a national oil major in Central America. The o
Sea Falcon PSV Named in Aberdeen, UK
Sinopacific and Deep Sea Supply together held a naming ceremony for the first PX105 platform supply vessel (PSV) among 12 ones contracted between the above shipbuilder and ship owner, on April 16 in Aberdeen UK, a seaport city on the North Sea. Madame Dana House named this vessel as “SEA FALCON”. De
Expro Wins Brazilian Offshore Gig
A UK-based international oilfield services company Expro has been awarded a contract to provide equipment and services in support of a client’s offshore project in Latin America. Located in the Santos Basin, in Brazil, the BS-4 block encompasses two post-salt wells and one pre salt well. Expro has b
ShawCor Buys Remaining Socotherm LaBarge Shares (USA)
ShawCor Ltd’s Socotherm division has completed the acquisition of the 49% interest in Socotherm LaBarge LLC that it did not previously own for an undisclosed sum. Since 2008, Socotherm has been a partner in this successful joint venture in the global offshore deepwater insulation coating market. The
Rosneft, Marubeni to Jointly Explore for Oil and Gas. Sign LNG Deal
On April 17, 2013 Rosneft and Marubeni Corporation signed Memorandum of Cooperation in LNG project implementation and joint exploration and development of oil and gas fields. The document was signed by Igor Sechin, Rosneft President and Chairman of the Management Board, and Fumiya Kokubu, Marubeni C
VIDEO: Ulstein’s Stinger Handling System to Enhance Pipe-Lay Ops
Norway’s Ulstein is currently customizing their innovative Chain type Stinger Handling system concept for three different companies on three different continents. The compact system improves both the vessel design and pipe-lay operations, and as acknowledgment on April 16th 2013, the equipment has w
Stena Drilling to Install AGSL Software on Its Entire Fleet
Asset Guardian Solutions Ltd (AGSL), which specialises in protecting companies’ process critical software assets, announced that it has secured a contract with Stena Drilling Ltd of Aberdeen, Scotland. “This contract represents a significant development for AGSL, reinforcing its position within the