Fossil Energy
Chevron Delivered Another Very Strong Year, CEO Says
Chevron Corporation today reported earnings of $7.2 billion for the fourth quarter 2012, compared with $5.1 billion ($2.58 per share – diluted) in the 2011 fourth quarter. Results in the 2012 period included a gain of $1.4 billion from an upstream asset exchange. Full-year 2012 earnings were $26.2 b
Aker Solutions to Supply SPS for Aasta Hansteen (Norway)
Aker Solutions has signed a contract with Statoil for the supply of a subsea production system for the Aasta Hansteen field development project on the Norwegian Continental Shelf. The contract value is approximately NOK 2 billion (USD 366 million). Last week, Aker Solutions signed a NOK 280 million
Wintershall Receives Permission to Drill New Well in PL 418
The Norwegian Petroleum Directorate (NPD) has granted Wintershall Norway AS a drilling permit for well 35/9-8 in the Norwegian part of the North Sea. Well 35/9-8 will be drilled from the Transocean Arctic drilling facility at position 67°17’6.71’’N and 3°40’33.63’’E following completion of drilling
VIDEO: Dockwise Takes Delivery of Dockwise Vanguard Vessel
Following sea trials during the past few weeks, Dockwise, a Dutch heavy lift and transportation specialist, now confirms the delivery of Dockwise Vanguard. The vessel has left the yard of Hyundai Heavy Industries (“HHI”) this morning and started its maiden trip. Dockwise Vanguard will sail to the Sa
Anchor Contracting AS Names New Managing Director (Norway)
Jørgen Jorde is appointed as Managing Director of Anchor Contracting AS. Jørgen Jorde has served as project manager and technical director of Anchor Contracting since he entered Inocean as responsible for SURF & Renewable in beginning of 2012, a position he will continue holding. Jorde has more than
Bourbon’s New FSIVs Receive DP2 Systems (France)
Navis Engineering is supplying six DP2 systems for the new series of Fast Support Intervention Vessels (FSIVs) being built at the Piriou SEAS shipyard in Vietnam for Paris-based Bourbon, the offshore marine services provider. The first vessel in the six-ship series, the Bourbon Sirocco was delivered
VERIPOS Wins New GNSS Services Contract
NCS Survey and InterMoor, both Acteon Companies, have awarded VERIPOS a new three-year contract for provision of GNSS positioning services. The contract, which represents a continuation of long-term VERIPOS services provided to both companies on a worldwide basis, will be in support of their respect
VIDEO: HLV Fairplayer Installs Suction Anchors and Bottom Chains
In the following video, Jumbo Maritime Heavylift shows transport and installation of suction anchors and bottom chains from the vessel HLV Fairplayer. The Fairplayer is fitted with a Class 2 Dynamic Positioning system. Jumbo Offshore’s core business is the installation of subsea structures, mooring
PTTEP Yearly Profit Rises 26 % (Thailand)
Thailand’s oil company, PTTEP, today posted a 2012 recurring net profit of USD 1,846 million , an increase of USD 378 million or 26% compared to its net profit of USD 1,468 million in 2011. In 2012, the total revenue of PTTEP and its subsidiaries was USD 7,021 million , an increase of USD 1,336 [&he
Antrim to Complete Water Injection for Causeway Field (UK)
Antrim Energy, an exploration and production company with interests offshore in the UK North Sea, Ireland and Tanzania, today provided an operational update on its Causeway field operations. Rig operations are currently underway to complete the water injector for the Causeway Field in licence P1383
Explosion Hits PEMEX Headquarters (Mexico)
Headquarters of PEMEX, Mexico’s state controlled oil company, has been hit by an explosion. At least 25 people have been reported dead, 1o1 injured, CNN reports. According to KTLA, the blast occurred on Thursday in the basement garage of the auxiliary building next to the company’s 52-floor tower in
Hawk Explorer Starts Pelotas Survey
SeaBird Exploration Plc has that the Hawk Explorer is mobilizing for the Pelotas survey in Brazil for Spectrum ASA (SPU). The vessel will be working under the existing global framework agreement. The survey is approximately 7,500 km. The Pelotas basin is a frontier area with little seismic coverage.
Seadrill Orders Two Jack-Ups in China
Seadrill has entered into an agreement for the construction of two high specification jack-up drilling rigs with Dalian Shipbuilding Industry Offshore Inc. (DSIC Offshore) in China. The new units are scheduled for delivery during the first and second quarter 2015, and the estimated total project pri
Block G Partners Make FID for Malikai Field Development (Malaysia)
Block G PSC Co-Venturers Shell Malaysia, PETRONAS Carigali and ConocoPhillips Sabah Ltd. announced today that they have taken Final Investment Decision to develop the deepwater Malikai oil field, some 100 km offshore Sabah, Malaysia. The field, located in waters up to 500 metres deep, is part of the