Fossil Energy
Island Offshore Wins Charter for Island Champion PSV
Norway’s Island Offshore has announced that Team Marine has declared the second, of five, one year option on the large platform supply vessel MV Island Champion. The vessel has been on charter with Team Marine since she was delivered in 2006 and is presently supporting the Captain oil field at the U
BMT Advises UKCS Operators on Environmental Regulations
BMT Cordah (BMT), a subsidiary of BMT Group, the leading international maritime design, environmental and engineering consultancy, has recently supported several major companies including Endeavour Energy UK Ltd, in their applications for the latest UK Oil and Gas Licensing Round. The 27th Offshore
Transocean’s Drillship Sets New Deepest Water Depth Drilling Record
ONGC’s chartered-hired ultradeep water drillship DDKG1, owned by Transocean, has set a world record for drilling well in deepest water depth by an offshore drilling rig. The rig DDKG1 has spudded well NA7-1 in exploratory block KG-DWN-2004/1 in east coast India at a water depth of 3165m (10,385 feet
Cameron to Supply Subsea Systems for Exxon’s Erha North 2 (Nigeria)
Cameron, a U.S.-based provider of flow equipment products, systems and services to worldwide oil, gas and process industries, has signed an agreement with EEPNL, an ExxonMobil affiliate, for the supply of subsea production systems to the Erha North Phase 2 development. The scope of supply includes f
ONGC, Bumi Armada in $740 Mln FPSO Charter Deal
Malaysia-based international offshore oil and gas services provider, Bumi Armada Berhad announced today that its jointly controlled entity, SP Armada Oil Exploration Private Limited (“SP Armada”) has received a Notification of Award (“NOA”) from Oil and Natural Gas Corporation Limited ( “ONGC”) for
PNG LNG Project: Offshore Pipeline Complete
The PNG LNG Project’s offshore pipeline is now complete following the final tie-in to the onshore pipeline in December 2012. The final tie-in – or connection – took place at the Omati landfall in the Omati River in Papua New Guinea, where the pipeline from the land (onshore) meets with the offshore
Halliburton to Provide MLT Technology for Statoil’s Offshore Fields
Halliburton has been selected by Statoil to provide multilateral technology (MLT) for two mature fields offshore Norway. The three-year frame agreement includes two optional periods of two years each and has an estimated value of more than $200 million. The new FlexRite® Multibranch Inflow Control (
Inocean Develops Arctic Drillship
Inocean has developed an Arctic Drillship – based on the companies’ modern and effective INO-80 concept. The new unit has been named IN-ICE. The ship is completely enclosed and winterized, is environmentally friendly, and has enhanced logistics/ storage facilities. The ice class is for a substantial
Balin to Drill in Baltic Sea Using Ocean Nomad Semi (Latvia)
Balin Energy SIA, a company co-owned by PKN ORLEN – ORLEN International Exploration and Production Company B.V and Kuwait Energy Company Netherlands Cooperatief U.A., is planning to drill its first vertical well in the Northern Block of Latvia’s economic zone. Having interpreted and integrated the c
JDR to Manufacture Subsea Cables for Total’s Ofon Project (Nigeria)
JDR, a provider of technology connecting the global offshore energy industry, has been awarded a contract for the design and manufacture of two subsea power cables for Total Ofon Phase 2 project, offshore Nigeria The contract was awarded by global subsea contractor Subsea 7 that is performing substa
NBGI Acquires Cosalt Offshore Operations (UK)
NBGI Private Equity, investor in Aberdeen-based ATR Group, has acquired the Aberdeen and Norway operations of Cosalt Offshore. This will bring together Cosalt’s technical leadership in offshore lifting, combined with its comprehensive offshore inspection, testing and safety service with ATR’s highly
Statoil Awards Polarled Pipeline Contracts Worth $722 Mln (Norway)
Statoil has awarded Marubeni Itochu/JFE contracts for fabricating linepipe for the Polarled pipeline, Wasco for applying coating, and Allsea for pipelaying. The coating contract include the establishement of a new production base in Mo i Rana, Northern Norway.Estimated contract value for the three c
Underground Gas Flow Forces Apache to Evacuate Gulf Rig (USA)
BSEE on Friday announced it was responding to a report from offshore oil and gas operator Apache Corporation of an underground flow of natural gas at an exploratory well being drilled in the Gulf of Mexico approximately 50 miles east of Venice, LA. There is no detection of gas at the seafloor or pol
Investcorp Acquires Hydrasun (UK)
The Investcorp Gulf Opportunity Fund – along with other affiliates of Investcorp, a leading provider and manager of alternative investment products, announced today that they have agreed to acquire a controlling stake in Hydrasun, an international provider of fluid control equipment and solutions fo