Fossil Energy
Kreuz Subsea Hires Seamec Princess
Seamec Ltd’s has secured a new charter deal for its vessel Seamec Princess. Under the new contract Singapore’s Kreuz Subsea will take delivery of the vessel by March end. The DP2 Saturation Diving Support vessel was previously hired by the French oilfield services provider Technip. The value of the
Cathelco to Supply ICCP System to FPSO Armada Claire (Singapore)
Cathelco have won an order to supply the FPSO Armada Claire with an impressed current cathodic protection (ICCP) system which will safeguard the hull of the vessel against corrosion. The Armada Claire, owned by Bumi Armada, is currently being modified and upgraded at the Keppel Shipyard in Singapore
Fastnet Opens Data Room for Its Celtic Sea Assets
Fastnet, an exploration and production company focused on near term exploration acreage in the Celtic Sea and Morocco, announced that it opened the data room for its Celtic Sea assets on 22 March 2013 and that a range of super majors, mid-caps and small-caps are conducting initial due diligence. Gra
Petrobras Charters Oil Spill Response Vessel (Brazil)
Nautilus Marine Acquisition Corp. today announced that it has taken delivery of the SK Line 69, to be renamed Vega Jaanca, a 5150 BHP Anchor Handling vessel, built in December 2012 in China. Nautilus has taken control of the vessel under a bareboat charter at a daily bareboat charter rate of $4,000,
Rongsheng Receives Two Jack-Up Rigs Orders
China Rongsheng Heavy Industries Group Holdings Limited has received two CJ46 jack-up rigs EPC contracts, with a total contract value of exceeding USD 360 million. The contracts mark the first jack-up rig orders received by the Group. “With sound developments made in our transformation and advanceme
GMS’ Keloa Moves to ADMA-OPCO Fields Off Abu Dhabi
The Abu Dhabi Marine Operating Company (ADMA-OPCO) has signed a three-year contract, with an extension option for a further two years, with Abu Dhabi-based Gulf Marine Services (GMS) whereby the jackup barge Keloa will join ADMA OPCO’s technical support fleet in the Umm Shaif and Zakum fields, offsh
Expro Wins Business of the Year Award (UK)
Leading international oilfield services company, Expro, has won an award at the Stirling Business Awards on Thursday, 21 March. Expro won the award for Business of the Year (25 employees or more). The company’s Group Engineering office in Stirling is focused on new product development, providing a s
Ocean Installer Bags Gina Krog EPCI Contract (Norway)
Ocean Installer has been awarded a major Engineering, Procurement, Construction, Installation (EPCI) contract for subsea installations and tie-in operations at the Statoil operated fields Gina Krog (former Dagny) and Eirin. The total contract value is approximately USD 85 million (NOK 500 million),
MEO Australia: More Studies to Be Conducted at Heron
MEO Australia Limited has executed binding amendments to the NT/P68 Farm-in Agreement (FIA) dated 17th May 2011 to extend the second Heron well notice date to 18th December 2013. This extension allows additional studies to be undertaken, the costs of which will be borne by Eni. The deadline for comp
Karoon Completes Emu-1 Drilling (Brazil)
Karoon Gas Australia Ltd advises that as at 6:00 hours BRST on the 23rd March 2013, the Emu‐1 exploration well in the Santos basin, off Brazil, had been drilled to a total depth of 4381mRT and a wireline evaluation program was nearing completion. Since the last report, the well was drilled from 2919
Total Awards Aker Solutions with $850 Mln Congo Job
Norway’s Aker Solutions, the international oil services provider, has received a Letter of Award from Total for the delivery of a subsea production system for the Moho Nord project in the Republic of the Congo. The contract value is approximately NOK 4.9 billion (USD 850 million). The Moho Nord proj
Top News of the Week March 18 – 23, 2013
Top News of the Week March 18 – 23, 2013
Siemens Propulsion Solution for Aries Marine’s PSVs
Siemens Industry, Inc. has been awarded a multimillion dollar contract by LEEVAC Shipyards, LLC to equip two newly constructed Aries Marine Corporation marine platform supply vessels (PSV) with its unique diesel electric propulsion solution at Leevac’s facilities in Jennings, La. “The demands placed
Total Makes $10 Bln FID for Moho Nord Development (Congo)
Total, operator of the Moho-Bilondo license, today announces the final investment decision and EPC contract awards for the Moho Nord development, consisting of the Moho-Bilondo Phase 1bis and Moho Nord projects. First oil is expected in 2015, with output reaching 140,000 barrels of oil equivalent pe