Fossil Energy
PIRIOU Shipyard Delivers FSIV BOURBON SHAMAL (Vietnam)
SEAS, PIRIOU’s Vietnam-based shipyard, delivered the 100th crew boat built by PIRIOU since 1995. FSIV BOURBON SHAMAL was christened on Saturday, January the 12th, by SEAS in Vietnam, prior to her ship-owner handover. BOURBON SHAMAL is a 53m FSIV, the largest of PIRIOU In-house designed FPSV comprehe
Polarcus 4Q Revenues Up 34 Pct
Polarcus Limited, the UAE-based seismic survey specialist, announces the release of its fourth quarter and preliminary full year 2012 financial statements. The Company reported revenues of USD 140.4 million, up 34% from Q4 11; EBITDA of USD 56.6 million, up 82% from Q4 11; EBIT of USD 27.6 million,
Proserv Wins Two North Sea Contracts
Rapidly-evolving energy production technology services company Proserv has secured two major contract wins worth in excess of £15 million for work in the North Sea, further strengthening the company’s market-leading position in the subsea controls and communications field. The first deal is with TAQ
VIDEO of Shell’s Olympus TLP Arrival to Texas
In the following video, see the Shell’s Olympus TLP hull arrive in Texas following the long journey from South Korea. The approximately 32,500 metric ton main body of the Olympus TLP, arrived in Texas two weeks ago. The installation of the topsides will now take place before the TLP departs for it
Ramboll to Present at 13th North Sea Decommissioning Conference
Søren Knudsen and Kathrine Helen Sundeng from Ramboll’s environmental team in Stavanger, Norway, will give a presentation at the 13th Norwegian Petroleum Society (NPF) North Sea Decommissioning Conference. The conference will be held on 11-23 February 2013 in Bergen, Norway. The main themes for the
Hydratight Wins Safety Award at Subsea UK
Hydratight has been recognised with an award for its work in providing safe subsea joint integrity and bolting solutions, at the Subsea UK 2013 industry awards. Jan de Koning, Global Business Leader at Hydratight, was presented with the award at a dinner event attended by 850 people, at the AECC, Ab
Toisa Orders Offshore Construction Vessel from Hyundai Heavy
Toisa Ltd. signed a contract with South Korea’s Hyundai Heavy Industries (HHI) for the construction of a Multipurpose Offshore Construction Vessel (MOCV) designed by Dutch design office Ulstein Sea of Solutions. The DNV classed vessel is a customized version of Ulstein’s Deepwater Enabler design. Th
Crux JV Accepts 5-Year Retention Lease (Australia)
Nexus Energy Limited (Nexus) advises that the Crux Joint Venture has accepted the offer from the Joint Authority for the issuance and service of a five year Retention Lease. The Crux Joint Venture, comprising of Nexus Energy WA Pty Ltd , Shell and Osaka Gas, have reviewed and formally accepted the a
MPRL E&P Awards Seismic Survey Contract to Polarcus (Myanmar)
Polarcus UK Ltd, has secured a contract from MPRL E&P Pte Ltd for a 3D seismic survey offshore Myanmar. The survey, which will be conducted the MV Adira, will cover 1,720 km 2 in water depths from 1,600 to 2,000 m. The some 40-day 3D survey is due to start during the last week of this […]
Shell Moving Troubled Arctic Rigs to Asia for Repairs
Royal Dutch Shell has decided to tow two of its troubled drilling vessels from Alaska to Asia for repairs. The oil giant said it would move the Kulluk conical drilling unit and the Noble Discoverer drillship to an Asian shipyard. The Kulluk, which went aground off Alaska in December after breaking f
US Sues ATP Oil & Gas for Oil Discharges and Prohibited Dispersants
The United States filed a civil action against ATP Oil & Gas Corporation and ATP Infrastructure Partners, LP (ATP-IP) for civil penalties and injunctive relief under the Clean Water Act and the Outer Continental Shelf Lands Act. The complaint was filed on behalf of the U.S. Department of the Interio
Lack of Cash Forces Adira to Suspend Gabriella License Operation (Israel)
Adira Energy Ltd. announces that it is suspending operations on the Gabriella License, offshore Israel. The company explained that “due to lack of funding and lack of reasonable expectation of funding by certain parties sufficient to pursue the current work program; lack of agreement among the licen
CDB to Provide Cash for Primeline’s LS36-1 Gas Field Development (China)
Primeline Energy Holdings Inc., an exploration and development company focusing exclusively on China, has received confirmation that the credit committee of China Development Bank (“CDB”) has approved in principle the project finance facility to be made available by CDB to the Company for the develo
ASCO Supports Lundin’s Drilling Ops Offshore Norway
The ASCO Group, a leading international oil and gas services company, has announced that it has been awarded a five-year contract for supply base services in Norway by Lundin. The contract is for supply base and logistics services in support of Lundin’s drilling and operational activities in the Nor