Fossil Energy
HRT Receives Transocean Marianas Rig
HRT Participações em Petróleo S.A. has received the semi-submersible drilling-rig Transocean Marianas from Transocean, offshore Ghana. The rig will be in transit to Namibian waters for the next three weeks and, then, she will undergo mandatory maintenance for the following 21 days, before starting H
Wartsila Names New Quality Department VP (Finland)
Philip Maguire, BSc (Hons) in Electrical and Electronic Engineering, has been appointed Vice President, Wärtsilä Quality, as of 1 February 2013. Maguire will be responsible for Wärtsilä’s group-wide quality programme and the quality organisation. He will be a member of the Wärtsilä PowerTech managem
Alcoa Oil & Gas to Supply Drill Pipe to Fugro
Alcoa Oil & Gas, an Alcoa business, will supply 5,300 meters (17,400 feet) of Aluminum Alloy Drill Pipe (AADP®) to Fugro McClelland Marine Geosciences of Houston and Fugro Singapore PTE, LTD for use in offshore geotechnical survey drilling projects. Fugro McClelland Marine Geosciences is a world lea
Alam Maritim Secures $190 Mln Contract from Petronas Carigali (Malaysia)
Malaysia’s Alam Maritim Resources Berhad has received a contract from Petronas Carigali Sdn Bhd for the provision of six vessels. The Contract which has taken effect from 1 January 2013 to 31 December 2017 is for a firm period of five (5) years. The contract is valued at approximately RM576 million
Salazar Leaves Interior Department in March (USA)
Secretary of the Interior Ken Salazar announced yesterday that he would return to his home state of Colorado, having fulfilled his promise to President Obama to serve four years as Secretary. Secretary Salazar has informed President Obama that he intends to leave the Department by the end of March.
Deep Sea Supply, BTG Pactual Enter JV (Brazil)
Deep Sea Supply Plc (“DESS”) and BTG Pactual Oil & Gás Participações S. have agreed to enter into a joint venture for the ownership and operation of Platform Supply Vessels (“PSVs”) and Anchor Handling Tug and Supply Vessels (“AHTS”) in Brazil. The Joint Venture will be owned 50/50 by BTG Pactual an
Woodside Reports Record Annual Production (Australia)
Australia’s Woodside today announced it has achieved significant uplift in its full-year 2012 production to a record 84.9 million barrels of oil equivalent (MMboe), an increase of more than 30% compared to 2011. Woodside CEO Peter Coleman said the record production was a result of outstanding perfor
IKM Provides ROV Services to Nexans (Norway)
IKM Subsea has secured a 3+2 year frame agreement by Nexans Norway for ROV services. The contract has an expected value in excess of 100 million NOK. Initially the frame agreement will include ROV services onboard Nexans Cable lay ship, Skagerrak Nexans. Further ROV work on other vessels chartered b
Tullow Extends West Leo UDW Rig Contract
Tullow plc has exercised its contractual option to extend the contract for the ultra-deepwater semi-submersible rig West Leo by two years from May 2016 to May 2018. The West Leo is expected to carry out operations in West Africa until the end of its contract in May 2018. The potential contract reven
Wood Group PSN Wins Golden Eagle Contract (UK)
Wood Group PSN (WGPSN) has secured a US$50 million contract with Nexen Petroleum UK Limited to carry out the hook-up and commissioning of the Golden Eagle Area Development (GEAD) project in the UK North Sea. The Golden Eagle field will be developed using two platforms – a wellhead platform and a pro
Karoon Drills Ahead at Santos Basin Prospect (Brazil)
Karoon Gas Australia Ltd advises that as at 6:00 hours BRST on 15th of January, 2013, the Kangaroo-1 well had been drilled to a depth of 1840 mRT and 13 3/8 inch casing has been cemented and the company is now preparing to drill ahead in 12 ¼ inch hole. Since the last report, the […]
Bridge Awarded Licence in Block 6407/4 Off Mid-Norway
Bridge, the Oslo Børs and AIM listed oil and gas exploration and production company, announces the press release by the Norwegian Ministry of Petroleum and Energy confirming that Bridge has been awarded a licence with 40% interest and operatorship in block 6407/4 off Mid-Norway in the 2012 Norwegian
Cormorant Alpha Shutdown Costs $10 Mln Per Day (UK)
Oil & Gas UK has issued a statement with regard to the oil leak incident at the Cormorant Alpha platform in the UK North Sea. The organization has expressed support to the platform operator TAQA Bratani. Mike Tholen, Oil & Gas UK’s economics director, said: “We estimate that oil usually produced fro
Magma Products Bags Start-Up and Commissioning Contract in UK North Sea
Magma Products, a leading oil and gas engineering consultancy, has secured a £5m contract. The agreement, with an unnamed operator, is for a key start-up and commissioning project in the North Sea. The Aberdeen company currently has a team of 38 but now has capacity for more than 50 in-house personn