Fossil Energy
Statoil Hires Normand Ferking
Solstad Offshore ASA (SOFF) has entered into a new contract with Statoil for hire of SOFF’s anchor handling vessel (AHTS) “Normand Ferking” “Normand Ferking” has worked on contract for Statoil since she was delivered from the shipyard in 2007. The duration of the new contract is firm for 3 years. In
Borders & Southern Starts 3D Seismic Sweep Offshore Falklands
Borders & Southern, a London based independent oil and gas exploration company, provides an update on its activities in the South Falkland Basin. The PGS vessel Ramform Challenger has commenced the Company’s 3D seismic programme, located approximately 140 kilometres south of the Falkland Islands. Co
North Sea Oil and Gas Industry Learning Centre Open (UK)
Fergus Ewing, the Minister for Energy, Enterprise and Tourism opened a new learning centre this week which makes practical, classroom and eLearning training delivered under one roof available to the regions North Sea oil and gas industry for the first time. The 3,800sqft Mintra Learning Centre at Ki
Agility Group Designing Semi-Sub Rig for COSL
Norway’s Agility Group recently signed a contract with China’s COSL for design of a semi-submersible drilling rig specifically designed for drilling operations in the South China Sea. The new rig is designed to operate in water depths of up to 1500 meters and the drilling depth of up to 9,000 meters
Trenching Begins for Corrib Field Umbilical. Nerby Vessels Advised to Keep Clear (Ireland)
The Department of Transport, Tourism and Sport announced that preparatory works for the installation of an offshore umbilical will be carried out from 54°20.34’N 011°03.51’W (Corrib Offshore Field Location) to 54° 17.00’N 009° 49.24’ W (landfall). The area of activity stretches along the route of th
Keppel Secures Two FPSO Deals from Repeat Clients
Keppel Offshore & Marine Ltd (Keppel O&M), through its subsidiaries – Keppel FELS Brasil S.A. (Keppel FELS Brasil) and Keppel Shipyard Ltd (Keppel Shipyard) – have secured two contracts worth S$200 million from repeat customers. Keppel FELS Brasil’s contract is with MODEC and Toyo Offshore Productio
MAN to Supply Turbomachinery to Statoil (Norway)
Norwegian energy company Statoil signed Framework Agreements with MAN Diesel & Turbo Switzerland for the supply of new turbomachinery equipment and maintenance services. The duration was set for five years with options to prolong the contracts. The Zurich-based MAN Diesel & Turbo Schweiz AG and Stat
AGSL Secures Contract with Woodside (Australia)
Asset Guardian Solutions Ltd (AGSL), which specialises in critical control software asset protection for the process and manufacturing industry, announced that it has secured a significant contract with Woodside. The company is Australia’s leading oil and gas producer, and one of the world’s largest
Origin Sells Part of Future Oil Production for $200 Mln (Australia)
Origin Energy Limited, Australian company, focused on gas and oil exploration and production, today announced it had agreed to sell an additional portion of its future oil and condensate production at a price linked to the current oil forward pricing curve. The US$200 million forward sale of oil and
Wintershall Sponsors Badger Explorer Drilling System
Badger Explorer ASA (“BXPL”) has signed a sponsorship agreement with Wintershall Holding GmbH, acting through Wintershall Norge AS (“Wintershall”), whereby the company will co-sponsor the development of the Badger autonomous drilling tool through the Badger Explorer Demonstrator Program. The Demonst
CNOOC Buys Canada’s Nexen for $15.1 Bln
China’s state-controlled oil company CNOOC Limited announced today that it has completed its acquisition of Canada’s oil company Nexen Inc. . Total consideration of approximately US$15.1 billion has been paid for Nexen’s common and preferred shares. Wang Yilin, Chairman of CNOOC Limited said, “The C
Gazprom, Levant LNG Execute Tamar FLNG Deal (Israel)
Gazprom Marketing & Trading Switzerland AG and Levant LNG Marketing Corporation executed the Heads of Agreement (HOA), outlining the main terms of an exclusive offtake arrangement from Tamar floating LNG project for a 20 year period. The aim of the future deal is to expand Gazprom’s LNG marketing an
Valco Orders Jackets and Topsides for Gabon Project
Gulf Island Fabrication, Inc., announced today that, through its subsidiary Gulf Island, L.L.C., it has signed a contract for the fabrication of (2) 4-pile jackets and associated topsides with Vaalco Energy, Inc. The platforms will be destined for Gabon, West Africa. Terms of the contract remain und
ConocoPhillips Prepares to Start Coring Ops at Zephyros-1 Well (Australia)
At 06:00 hours (WST) today, Karoon advises that the drilling assembly at Zephyros-1 well, offshore W. Australia, is being pulled out of the hole in preparation to commence coring operations after intersecting the primary reservoir objective. The well intersected a sandstone interval characterized by