Fossil Energy
Eirik Raude Rig Hired for Drilling in West Africa
Ocean Rig, an international offshore drilling contractor, has entered into definitive documentation for one of its semi-submersible drilling rigs, the Eirik Raude, with a major oil company. The drilling contractor did not reveal the name of the client. The drilling contract is for a firm four-well p
Ithaca Completes Cook Field Acquisition (UK)
Ithaca Energy Inc. has completed the acquisition of the wholly owned UK subsidiary company of Noble Energy Capital Limited (a subsidiary of Noble Energy Inc. which owns the 12.885% non-operated interest in the Cook field. Following the transaction, the Company now holds a 41.345% in the Cook field.
BP, Maersk Drilling Developing New Breed of Offshore Drilling Rigs
BP announced today it has reached an agreement with Maersk Drilling to develop conceptual engineering designs for a new breed of advanced technology offshore drilling rigs that will unlock the next frontier of deepwater oil and gas resources. The agreement is part of BP’s Project 20KTM, a multi-year
Bergen Group Eyeing New Owner for Its Rosenberg Division (Norway)
Bergen Group ASA is currently in the process of reviewing major structural changes in the Group’s offshore division. As previously announced, the Group has been looking to strengthen the engineering capacity of the division, a process which has developed into specific discussions about the introduct
Rem Offshore Orders OSCV from Kleven (Norway)
Norway’s Rem Offshore ASA has ordered a new Offshore Subsea Construction (OSCV) vessel at Kleven Verft AS. The vessel is of the MT6022 L design with a length of 117 meters and a breadth of 22 meters. The vessel will be delivered from the yard in 2nd quarter 2014. The contract price for the vessel [&
EnQuest: Thistle Tax Allowance Creates 1000 New Jobs in UK
EnQuest PLC, the largest independent UK oil producer in the North Sea, has secured a brownfield tax allowance to fully exploit its Thistle oilfield. The next phase in the life extension programme for Thistle, made possible by today’s announcement, will safeguard almost 500 existing North Sea jobs an
PSA Wants Answers on Heimdal Gas Leak (Norway)
The Petroleum Safety Authority Norway (PSA) has issued an order to Statoil following an investigation of the hydrocarbon leak on the Heimdal field on 26 May 2012. The hydrocarbon leak occurred in connection with testing of two emergency shutdown valves on the HMP1 drilling, production and living qua
MDL to Unveil 51-Tonne Tensioner at Subsea 2013
Maritime Developments (MDL), the back-deck equipment specialist for the energy sector, is to officially launch a new innovation for the subsea industry at a leading oil and gas exhibition in Aberdeen. MDL, which has operations in Aberdeen and Peterhead, will unveil its latest tensioner at Subsea 201
SOCAR Allocates USD 4 Billion for New Offshore Rigs (Azerbaijan)
Azerbaijan’s state-controlled oil and gas exploration and production company, SOCAR, has allocated $4 billion for the construction of four new offshore drilling rigs, Bloomberg has reported, quoting Rovnag Abdullayev, the president of SOCAR. According to the news agency, at a meeting in Baku, Abdull
McDermott Building Offshore Facilities for Kepodang Field (Indonesia)
McDermott International, Inc. announced today that its Indonesian subsidiary has been awarded a contract by PC Muriah Ltd., an affiliate of PETRONAS Carigali Sdn. Bhd., to develop offshore surface facilities and an infield flowline for the Kepodang Field, located approximately 180 kilometers northea
BP Orders Subsea Equipment for Thunder Horse
FMC Technologies, Inc. announced today that it has received an order from BP (NYSE: BP) for the manufacture and supply of subsea equipment to support water injection in the Thunder Horse field. The Thunder Horse oil field is located in the Mississippi Canyon area of the Gulf of Mexico, 150 miles (24
Hardy Gets 3-Year Extension for CY-OS/2 Licence (India)
The arbitration process between Hardy Oil & Gas and the Government of India, initiated to determine the expiry date of the licence block CY-OS/2 licence, offshore India, has been completed in favor of the oil company, Hardy announced today in a press release. The UK-headquartered oil firm has been s
SMD Delivers HDIA Plough to Reef Subsea
Soil Machine Dynamics Ltd (SMD) has announced the early delivery of an HD3 inter array cable plough to Reef Subsea Power & Umbilical Ltd. (RSPU). RSPU has named the vehicle HDIA (Heavy Duty Inter Array) Plough and is to be mobilised onto the Polar Prince subsea construction vessel. The HD3 cable plo
Eni Decides to Drill Blackwood Well (Australia)
Eni Australia Ltd (Eni), operator of exploration permit NT/P68, has provided notice that it will proceed with the drilling of a well in the Blackwood area of the permit. The well will evaluate the 2008 Blackwood gas discovery. MEO has a 50% participating interest in the well which will be 100% funde