Fossil Energy
EBX, BP Select Açu Superport for Marine Fuels Terminal (Brazil)
LLX Logística S.A , the private Brazilian company developing Açu Superport, the largest port infrastructure investment in Latin America, which will be the Brazilian hub for the Oil and Gas industry and one of the largest ports in the world today announced that EBX Holding Ltda (“EBX”) and BP Product
Sterling Expects Cladhan FDP Approval by March End (UK)
Sterling Rescources, a Canadian-listed international oil and gas company headquartered in Calgary, in its operational update issued Tuesday informed that a final version of the Cladhan Field Development Plan (“FDP”) was submitted to DECC at the beginning of February 2013. The Cladhan Field is locate
Spectrum Completes Potiguar Seismic Data Processing (Brazil)
Spectrum announced today that they have completed the processing on the final phase of their Equatorial Margin long offset 2D campaign for Round 11 offshore Brazil. The data for the 4,133 km Potiguar Basin survey is complete and available for immediate use to evaluate the six blocks being offered in
VIDEO: Ulstein Delivers ‘Blue Power’ PSV (Norway)
Norway’s Ulstein Verft delivered ‘Blue Power’, the third of six medium-sized platform supply vessels (PSV) of PX121 design from ULSTEIN® to Blue Ship Invest, on 6 March 2013. “The great efforts of all those involved and the experience we gained from the construction of the first two vessels in this
ICoTA Makes New Appointments (UK)
Leading oil and gas industry body, the Intervention & Coiled Tubing Association (ICoTA) European Chapter, has appointed a new chairman and vice-chairman. Former vice-chair Michael Taggart will take the helm as chairman of the organisation, while fellow committee member Kelly Murray has been appointe
CAE Enhances Pilot Training for O&G Market (Canada)
CAE yesterday announced at the Helicopter Association International (HAI) Heli-Expo conference that it has significantly enhanced pilot training for helicopter operators serving the oil and gas market, customizing aircraft training curricula for offshore operations. Working with partner CHC Helicopt
Ramboll Achieves Growth in 2012 (Denmark)
2012 was a satisfying year in terms of performance and for the first time Denmark’s Ramboll delivered revenue of EUR 1 billion, equivalent to DKK 7.6 billion. Operating profit before goodwill amortisation (EBITA) amounted to DKK 406 million. This growth is driven by strong performance in Scandinavia
Dana Petroleum’s Netherlands Business Gets New Managing Director
Aberdeen-based Dana Petroleum has appointed as the new Managing Director of its Netherlands business. Nick Dancer, who previously ran Dana’s operations in Egypt, took up his new position on 1 March replacing Reidar Hustoft, who has recently moved to become Managing Director for the company’s Norwegi
DNV Optimistic about the Future of LNG as OSV Fuel in Australia
Australia: Attractive payback periods from the additional investments required for LNG fuelled shipping, along with no significant legal restrictions hindering development of LNG bunkering in Australia. This is the conclusion of a Joint Industry Project (JIP) focusing on LNG fuelled tugs and OSVs, m
AHTS King Jesus Delivered to Martens Marine
Martens Marine, a Singapore-based ship management company providing a range of support services for offshore and marine industries, took delivery of the second vessel in the Martens Marine “E 65T Series” from Guangdong Yuexin Ocean Engineering Co., Ltd. yesterday. KING JESUS is an Anchor Handling To
Bristow Buys Sikorsky Helicopters for Offshore Oil Transportation Missions (USA)
Sikorsky Aircraft Corp. has announced that they have entered into an agreement to sell up to 26 S-76D™ helicopters to Bristow Group, to perform the offshore oil transport mission. The S-76D is powered by Pratt & Whitney Canada’s compact and light-weight PW210S, which delivers the best in class power
Sparrows Wins Several Major Contracts Worth $287 Mln (UK)
Sparrows Group has announced several major contracts totalling more than £190million (USD 287 million). The Aberdeen head-quartered world leader in offshore lifting and mechanical handling services to the oil and gas industry has signed the new deals within the last 90 days. These awards will secure
Economic Times: Anadarko, Videocon Selling Stake Offshore Mozambique
Anadarko, a US-based independent oil company, and India’s Videocon are looking to sell stake in Rovuma Area 1 offshore Mozambique, The Economic Times has reported. According to the ET, Videocon plans to receive between USD 2.5 and 3 billion for its 10% stake in the gas rich area. Anadarko, the opera
Anadarko Sells 12.75 Pct Stake in Heidelberg for $860 Mln
Anadarko Petroleum Corporation yesterday, March 5, announced it has signed a definitive agreement with an undisclosed party to enter into a carried-interest arrangement for a portion of Anadarko’s ownership in the Heidelberg development project in the deepwater Gulf of Mexico. Under the terms of the