Fossil Energy
STATS Isolates BP’s Oil Export Line in UK North Sea
STATS Group, an Aberdeen-based company specialising in piping and pipeline integrity and maintenance, has successfully isolated a 24″ oil export line on BP’s Marnock ETAP spur line located in the Central North Sea to allow the replacement of a 16” valve. STATS deployed its 24” Remote Tecno Plug to i
VIDEO: RWE Dea Invites Visitors to Learn More About Mittelplate (Germany)
Germany’s oil company RWE Dea today announced that an info-point has been opened in the Deichpassage in Friedrichskoog-Spitze, to provide more information on the Mittelplate drilling and production island to visitors. Touch-screens, interactive games and multimedia partitions explain how oil is prod
Mitsui, MOL and Marubeni Invest into Modec’s FPSO Chartering Business
Japan’s FPSO builder Modec has announced that Mitsui, MOL and Marubeni today entered into definitive agreements to invest in a long-term charter business operated by MODEC for the purpose of providing a floating production, storage, and offloading system (FPSO) for use in Brazil. The offshore area i
VIDEO: Forum Energy Shows ROV Module of VMAX Project Simulator
Forum Energy Technology, a company specialising in the manufacture of mission critical, complex, stocked and custom oilfield products and related after-market technical services, yesterday published a video overview of VMAX Project simulator. VMAX Project simulator software is used to develop variou
Eni Secures 5 Offshore Blocks in U.S. Gulf of Mexico
Italy’s oil company Eni was the highest bidder in five offshore exploration blocks within the Central Gulf of Mexico Lease Sale 227 that took place in New Orleans. The blocks are located in Mississippi Canyon and Desoto Canyon in water depths from 1,400 feet (around 400 meters) to 8,000 feet (around
Industry’s Achievers Honoured at Offshore Achievement Awards, UK
The offshore industry’s highest achievers were recognised at last night’s 2013 Offshore Achievement Awards, with Malcolm Webb, chief executive of Oil & Gas UK, picking up the Significant Achievement accolade. The 27th awards ceremony, which saw a record attendance of 530 guests, took place at the Ab
Saipem Extends Contract for CSV Normand Cutter
Saipem Ltd has declared their option to extend the contract for the construction vessel (CSV) “Normand Cutter” with 1 year from May 2013. This is the first of a total of three yearly options. CSV Normand Cutter, designed by Norway’s Vik & Sandvik AS AS, was built in 2001 by Ulstein Verft. The 127,
CNOOC’s 2012 Net Profit Down on Increased Tax and Exploration Expenses
CNOOC Limited today announced its annual results for the 12 months ended December 31, 2012. In 2012, the Company said it had made outstanding achievements in exploration activities with breakthroughs in shallow water and deepwater offshore China as well as overseas. Among a total of 21 new discoveri
ONGC Makes Gas Discovery Offshore India
India’s state-owned oil and gas company ONGC has made an offshore gas discovery in NELP block KG-OSN-2004/1 in the Bay of Bengal India. Exploratory well KG-OSN-04-NASA #1, located 25 km south of Narsapur, was drilled to a depth of 2669.43 m. On testing the interval, 2537 – 2543 m, gas flowed at 4,09
BP Plans $8 Bln Buy-Back of Shares (UK)
BP announced today that it intends to carry out a share repurchase, or buy-back, programme with a total value of up to $8 billion. Today’s decision to buy back shares follows the completion yesterday of the sale of BP’s 50% interest in TNK-BP to Rosneft. The programme is expected to return to BP sha
Jasa Merin Places Order for Three AHTS Vessels (Malaysia)
Malaysia’s SILK Holdings Bhd has announced that its subsidiary, Jasa Merin Sdn Bhd, on 21 March 2013, awarded three shipbuilding contracts to Muhibbah Marine Engineering Sdn Bhd . The contracts are for the construction of two 62-metre Anchor Handling Tug Supply (“AHTS”) vessels and one 70-metre AHTS
Ocean Installer Wins Arkwright Field Umbilical Installation Contract
Talisman Sinopec Energy UK Limited (Talisman Sinopec Energy) has awarded Ocean Installer a contract for umbilical installation at the Arkwright field in the UK sector of the North Sea. This is Ocean Installer’s second contract award this month. The scope of the work is to install a new 11.5 km umbil
H2O Offshore Buys Owens Manufacturing & Specialty Company (USA)
H2O Offshore, Inc., a leading water treatment equipment provider, has acquired Lafayette-based Owens Manufacturing & Specialty Company, Inc., announced H2O President Jess Fike. With the addition of Owens’ wastewater treatment products to H2O’s Crapzapper division, H2O is now a one-stop source for al
A60 Building Packages Installed on Two Offshore Vessels (Mexico)
Accommodations specialist, HB Rentals, a Superior Energy Services company, installed fourteen A60 – ABS/USCG approved buildings on an ABS-classed offshore construction vessel and provided fifteen buildings to a Lloyd’s-classed multipurpose platform supply vessel. Both vessels are located in Mexico,