Fossil Energy
Det Norske Submits Plan for Development of Ivar Aasen Field in Norway
Today, Det norske oljeselskap ASA submits the Plan for Development and Operation (PDO) for the Ivar Aasen field to the Minister of Petroleum and Energy, Ola Borten Moe, at Det norske’s headquarters in Trondheim. The PDO is submitted on behalf of the Ivar Aasen partnership, encompassing Statoil and B
GDF Suez Hires SeaMar Splendid for Offshore Ops in Dutch North Sea
SeaMar Shipping BV has been awarded a five year contract for its vessel SeaMar Splendid with GDF SUEZ E&P Nederland B.V. The vessel will be used to support GDF SUEZ’s IRM campaigns on the Dutch Shelf over the period 2013-2017 with a minimum 250 day per year commitment. The new charter will begin 1st
Chariot’s CEO Steps Down
Chariot Oil & Gas Limited, the Africa focused oil and gas exploration company, has announced changes to and a re-organisation of its Board. All of these changes are made with immediate effect. Paul Welch has stepped down as Chief Executive Officer (“CEO”) of Chariot and will leave the Company to pur
ConocoPhillips Sells Nigerian Business for $1.8 Bln
ConocoPhillips yesterday announced it has entered into agreements to sell its Nigerian business unit for a total of $1.79 billion plus customary adjustments. ConocoPhillips has entered into agreements with affiliates of Oando PLC to sell its Nigerian business unit. This includes two offshore propert
IEV Supplied 1,320 MGP Systems to Asian Offshore Structures in 2012
IEV International Limited (“IEV”), a wholly-owned subsidiary and IEV (Malaysia) Sdn Bhd, a 49% associate of IEV Holdings Limited announced the sales of 1,320 “ocean-powered” Marine Growth Prevention (“MGP”) systems to 24 structures throughout the Asian region for FY2012. The 24 structures include 23
Oil & Gas UK Applauds Statoil’s Mariner Investment Decision
Oil & Gas UK the representative body for the UK offshore oil and gas industry has welcomed Statoil’s investment of over £4 billion in the UK’s oil and gas reserves. Mike Tholen, Oil & Gas UK’s economics director, said: “An investment of this magnitude in the UK’s oil and gas reflects this industry’s
Wood Group Bags Contract for Nexen’s GEAD (UK)
Wood Group ODL has been awarded a contract worth £500,000 (GBP) to deliver tailored documentation and training systems to Nexen Petroleum UK Limited for its Golden Eagle Area Development (GEAD), in the UK North Sea. Under the contract, ODL will develop site specific operating procedure manuals, proc
Italy’s Fincantieri to Splash USD 1.2 Bln on STX OSV Acquisition
Italy’s Fincantieri has signed an agreement for the acquisition from STX Europe of 50.75% of STX OSV, a company listed on the Singapore Stock Exchange and world leader in the construction of offshore support vessels for oil and gas extraction and production. With 21 shipyards in 3 different continen
Linjebygg Offshore Wins Draugen Platform Contract (Norway)
Today Linjebygg Offshore has been awarded a contract for the delivery of insulation, scaffolding and surface treatment services to the Draugen platform. The contract between Aibel and Linjebygg Offshore (LBO) has a total value of around NOK 600 million (USD 107.7 mln) over five years. In addition to
Boskalis Bags Two Scandinavian Offshore Contracts Worth USD 132 Mln
Royal Boskalis Westminster N.V. (Boskalis) has acquired two offshore energy-related contracts in Scandinavia with a combined value of around EUR 100 million. Boskalis Offshore has been awarded in joint venture a contract by the international energy company Statoil for various rock installation works
Statoil Makes FID for $7 Bln Mariner Development (UK)
Statoil has made the investment decision to develop the Mariner oil field development in the UK North Sea. The project entails investments of more than USD 7 billion and is the largest new offshore development in the UK in more than a decade. “Statoil has extensive heavy oil experiences from offshor
SeeByte, Bluefin Cooperate on Pipeline Inspections Software Solutions
SeeByte, the global leader in creating smart software for unmanned maritime systems, and Bluefin Robotics, the leading provider of Autonomous Underwater Vehicle (AUV) solutions, have announced their collaboration to provide enhanced software solutions for deepwater export pipeline inspections. The c
BP Extends Safe Scandinavia’s Valhall Operations (Norway)
Prosafe and BP Norge AS have agreed to extend the Safe Scandinavia’s operations at Valhall in the Norwegian part of North sea until 31st January 2013. In addition, Prosafe has granted BP Norge AS an additional one-month option. The value of the one-month contract extension is approximately USD 9.3 m
TGS, CGGVeritas Sign Seismic Vessel Charter LoI
Norway’s TGS announces that it has signed a Letter of Intent with France-based CGGVeritas Services S.A. to charter a 12 streamer vessel, for 3D multi-client projects in Europe during the 2013 summer season. The charter will begin in April and last for approximately six months. The details of the ind