Fossil Energy
Wintermar Accepts Delivery of New PSV (Indonesia)
Wintermar, an Indonesian ship management and ship owning, focusing on serving the offshore marine industry, has taken delivery of “WM Natuna” latest Platform Supply Vessel (PSV). This latest vessel, together with the company’s other two PSVs, WM Makassar and WM Sulawesi are the only three Indonesian
FMC Technologies Bags $1.48 Bln Subsea Services Deal in Norway
Norway’s oil giant today announced it has signed a frame agreement with the U.S.-based oilfield equipment provider, FMC Technologies, for subsea operations services on the Norwegian Continental Shelf (NCS). The scope of works covers service and maintenance of subsea production systems during install
FAR Delighted with Updated Estimates of Its Reserves Offshore Africa
The Board of FAR Limited today announced the outcome of the updated prospective resource estimates following the completion of internal technical studies. The new assessment of the prospective resources, on an un-risked, best-estimate basis, concludes that approximately seven billion barrels of hydr
WGP Receives LOI for PRM at Statoil’s Offshore Fields
WGP has received and executed a letter of intent with Statoil ASA, the Norwegian energy company , to provide long-term seismic acquisition services for permanent reservoir monitoring of the Snorre and Grane oil fields in the Norwegian sector of the North Sea. The seismic acquisition contract shall b
Aker Solutions Pens Valuable Frame Agreement with Statoil
Aker Solutions, the international oil services provider, has as one of several suppliers been awarded a frame agreement with Statoil for the delivery of subsea operations and services on the Norwegian continental shelf. Subsea operations and services covers installation of subsea equipment, maintena
Keppel: Old Clients Bring $300 Mln in New Contracts
Singapore’s Keppel FELS Ltd (Keppel FELS), a wholly-owned subsidiary of Keppel Offshore & Marine (Keppel O&M), has secured three contracts worth a combined US$300 million from repeat customers. The contracts are for the construction of a KFELS B Class jackup rig from Star Drilling Pte Ltd, a Singapo
Deep Sea Supply Optimistic for OSV Market in 2013
Deep Sea Supply (DESS), a Cyprus-headquartered owner and operator of a fleet of offshore support vessels, in its quarterly report today said it remained cautiously optimistic for the OSV market in 2013. The company which recently entered the joint venture transaction with BTG Pactual in Brazil which
Mackenzie Leaves Centrica to Become BHP Billiton CEO
Centrica, a British multinational utility company headquartered in Windsor, United Kingdom, announces that Andrew Mackenzie is to step down as a Non-Executive Director of Centrica plc with effect from 10 May 2013. He joined the Board as a Non-Executive Director in September 2005. Andrew Mackenzie wa
Swiber Lands Offshore Installation Contracts Worth $153 Mln
Swiber Holdings Limited , a Singapore-based construction and support services provider to the offshore industry, announced that it has been awarded contracts worth approximately US$153 million. The contracts, which mark the first wins in 2013, largely entail transportation and installation of pipeli
KS Energy Sells KS Titan 2 for $42 Mln
Singapore’s KS Energy Limited has announced that Yakki International Pte Ltd, a company jointly controlled by KS Energy and Sinwa Limited has entered into an irrevocable Sale and Purchase Agreement for the sale of the KS Titan 2 lift boat for a consideration of US$42 million (approximately S$52 mill
Bourbon Takes Delivery of New IMR Vessel
BOURBON has taken delivery of the Bourbon Evolution 803, the 3rd vessel in the 1st large IMR series for the offshore industry. The first two sisterships already operate in West Africa. Resource exploration is going into increasingly deep waters and the new milestone for oil and gas marine industry o
Subsea 7 Clinches $285 Mln UK North Sea Contract
Subsea 7 S.A. today announced the award of a contract from Talisman Sinopec Energy UK Limited to install two 5 kilometre pipeline bundles in the UK North Sea. The contract, valued at US$285 million is for the provision of subsea construction services in support of Talisman Sinopec Energy UK’s Montro
Norway’s Aker Solutions Buys MPO Ltd.
Norway’s Aker Solutions has acquired Managed Pressure Operations International, Ltd. (MPO), a company that has successfully developed the next generation of continuous circulation, riser gas handling and managed pressure drilling systems. The acquisition places Aker Solutions at the forefront of tec
Havila Secures Contract Extensions for Its AHTS Vessels
Norway’s Havila Shipping has entered into new contracts with Statoil for AHTS vessels Havila Mars and Havila Mercury The Havila Mars contract is for a firm period of one year with one optional period for one year. The Havila Mercury contract is for a firm period of three years with three optional pe