Fossil Energy
MEO Australia: Drilling Continues at Sainampueng-1 Well (Thailand)
MEO Australia Limited advises that Pearl Oil Offshore Limited (an affiliate of Mubadala Petroleum) commenced drilling Sainampueng-1 in the Gulf of Thailand G2/48 Concession at 8:30am (local time) on 23rd November. At 13:00hrs local time on 29th November, the well had reached 2,237mMDRT and was drill
Basic Offshore Orders Two PSVs of Havyard Design in China
Havyard has sold two designs for vessels for Basic Offshore in Singapore with an option for six further deliveries. Basic Offshore is a newly-established shipping company with its main focus on the market in West Africa. Basic Offshore has signed a contract with the shipyard Huangpu who has signed a
Dragados Offshore Hires IKM for Eldfisk Contract Support
IKM Testing will contribute Dragados within cleaning, pneumatic and hydraulic testing, pigging and torque. The contract has been awarded by Dragados Offshore, a company that services the Oil and Gas industry from the three main business centres: the headquarters’s office in Puerto Real and the Yard
PSA Finds Irregulations in ConocoPhillips’ Eldfisk Management (Norway)
On 15-16 October 2012, the Petroleum Safety Authority Norway (PSA) carried out an audit of ConocoPhillips (CoPNo) and Eldfisk 2/7. The objective of the audit was to follow-up how CoPNo safeguards regulatory maintenance management requirements. Nonconformities were identified in relation to: – Commun
Exxon Mobil’s Senior Vice President to Retire (USA)
Donald D. Humphreys, 64, senior vice president and principal financial officer of Exxon Mobil Corporation, has announced his intention to retire on February 1, 2013, after more than 36 years of service. Humphreys has been a member of the corporation’s management committee since January 2006. In addi
Statfjord Field Inaugurated as a Cultural Monument (Norway)
The Statfjord field was yesterday inaugurated as a cultural monument at the Norwegian Petroleum Museum in Stavanger. The Directorate for Cultural Heritage has chosen the field as one of several symbols significant in the development of modern Norway. Eirin Sund, member of the Storting and deputy cha
Atlantic Amsterdam Named in Vlissingen, The Netherlands
The naming ceremony of Atlantic Amsterdam jack-up accommodation rig, owned by Atlantic Marine Services, recently took place at Damen’s Scheldepoort Repair & Conversion Yard in Vlissingen, The Netherlands. The rig, which arrived in The Netherlands in June, on dry tow from Singapore onboard the Dockwi
Jaya Delivers AHTS to Atlantic Towing
Jaya Holdings, operators of Singapore’s leading offshore shipbuilding yard, yesterday delivered a new state-of-the-art anchor handling tug supply vessel Jaya Supreme to Canadian buyers, Atlantic Towing Limited. A delivery ceremony at Jaya’s shipyard in Tuas was held this morning, attended by senior
GE Books Place in Brazilian Superport
LLX, the logistics company of EBX Group, and GE do Brasil (GE) have signed a contract entailing the construction of a plant in the landside area of Açu Superport, currently under construction in São João da Barra (RJ). The industrial plant will be installed in the Metalworking Cluster in an area of
Body of Third Filipino Worker Killed in Rig Accident Recovered (USA)
The death toll in the November 16 explosion and fire that hit an oil platform in the Gulf of Mexico has climbed to three after authorities positively identified the body recovered on Monday (Tuesday in Manila) as that of a missing Filipino worker. Jose L. Cuisia, Ambassador of the Republic of the Ph
Dockwise: Boskalis’ Offer Too Low
Immediately following announcement of the unsolicited intended offer of Royal Boskalis Westminster N.V. for the acquisition of all outstanding shares of Dockwise Ltd. (”Dockwise”), Dockwise invited Boskalis to clarify its offer. Dockwise and Boskalis are scheduling a meeting to be held shortly. In t
Petrobras Scraps Plans to Hire 5 Rigs from Ocean Rig (Brazil)
Brazil’s state controlled oil company Petrobras, has cancelled the process of contracting five drilling rigs, capable of drilling in up to 3,000 meters of water, with the Ocean Rig Group. The company said the decision was based on the reduction of future needs for drilling, due to a fewer number of
Oil & Gas UK’s Event Focuses on Improvement of Hydrocarbon Recovery
Scottish Energy Minister, Fergus Ewing MSP, is to address delegates at Oil & Gas UK’s breakfast briefing on the 4th December. The event, sponsored by Endeavour Energy UK, is focussed on the issue of how to improve hydrocarbon recovery from existing assets on the UK continental shelf. The briefing wi
Höegh LNG Secures Loan to Finance FSRU in Lithuania
Höegh LNG has signed the USD 250 million Senior Secured Credit Facility for the financing of the FSRU for Lithuania. Reference is made to the stock exchange notice dated 17 August 2012 where Höegh LNG Holdings Ltd. announced that the Company had received commitment letters from four banks for a USD