Fossil Energy
Shell’s Olympus Hull En Route to U.S. Gulf
Shell Offshore Inc.’s (Shell) Olympus hull, the approximately 32,500 metric ton main body of the Olympus TLP, departed from South Korea today to begin its two month journey to the U.S. Gulf Coast. After nearly 4 million man hours and a peak of approximately 1,300 workers on-site, construction of the
SBM Offshore Completes Sale of Gusto MSC. Focuses on FPSOs
SBM Offshore today announced that the sale of GustoMSC, its non-core design and engineering subsidiary, became unconditional on 28 November 2012 and that the approximate $185 million transaction with Parcom Capital has been completed. he sale of GustoMSC is a further step in enabling SBM Offshore to
BP: Current U.S. Gulf Operations Untouched by EPA’s Suspension
BP was quick to react after the US Environmental Protection Agency (EPA) today issued a press release in which it said that the British oil giant would be temporary banned from making new arrangements with the federal government. In a statement issued on its website BP highlighted that the temporary
EPA Suspends BP from New Deals with Government (USA)
The U.S. Environmental Protection Agency (EPA) today announced that it has temporarily suspended BP Exploration and Production, Inc., BP PLC and named affiliated companies (BP) from new contracts with the federal government. EPA is taking this action due to BP’s lack of business integrity as demonst
Swire Oilfield Services Opens New HQ in Aberdeen
Swire Oilfield Service has officially opened its new £4 million global headquarters in Aberdeen. The new headquarters are part of an overall investment in the business of £50 million this year to support the company’s international business development strategy, the company explained in a press rele
Hammerfest LNG Back in Production (Norway)
Hammerfest LNG in Norway is back in normal production after the temporary closure of the plant following a power failure on Monday 19 November, Statoil today announced. Interference to the power system, which arose during maintenance work on the plant’s battery-based reserve power supply, led to the
PSA: Centrica Nears Vale Lifetime Extension Approval (Norway)
On 30 October, the Petroleum Safety Authority Norway (PSA) conducted an audit of Centrica Resources (Norge) AS (Centrica). The audit activity was conducted as part of the processing of Centrica’s application for consent relating to lifetime extension of the well, subsea facilities, production pipeli
Tamar Partners Dive into FLNG FEED (Israel)
Delek Group gas subsidiaries announced that the Pre-FEED stage of Tamar and Dalit floating liquefied natural gas project (FLNG), off the coast of Israel, has now been successfully completed. Therefore, the Tamar partners decided to begin the second phase-front-end engineering design (FEED). LNG prod
Yuexin Delivers AHTS to Sinopec (China)
China’s Yuexin Shipyad has delivered the Kan Tan 225 AHTS to Sinopec. The vessel of Havyard 843 CD design was named at the ceremony in the shipyard near Shanghai on Monday. Havyard characterizes the vessel as being the next generation of medium sized AHTSs. “This is the first vessel of this specific
Interest in Reflex Marine’s Equipment Grows (USA)
Reflex Marine, a global provider of safe marine transfer solutions, has attracted interest from operators in the Gulf of Mexico after hosting a crane and lifting open day at its new Accredited Service Centre (ASC) in Houston. The company, expert in the safe transfer of personnel to and from offshore
DNO Awarded for Its Performance (UAE)
DNO International ASA, the Norwegian oil and gas company, was recognized last night for its outstanding overall performance in regional exploration and production during 2012 at an awards ceremony hosted by Middle East Oil & Gas magazine in Dubai. The Company was represented by Magne Normann, Chief
Sonardyne, Oceaneering Demonstrate ROV Capabilities in U.S. Gulf
A recent trials partnership between Sonardyne International Ltd. and Oceaneering International, Inc. has resulted in the development of a Fly-By-Wire (FBW) system for ROV (Remotely Operated Vehicle) control in any water depth, allowing the vehicle to hold station indefinitely and navigate to real-wo
Drydocks World to Build Subsea Facility for Premier Oil’s Solan Field
Drydocks World, a UAE-based service provider to the global maritime and offshore oil and gas industry has entered into a multi-million contract with Premier Oil, to build subsea facility for Solan oil field in UK. “We have achieved yet another breakthrough in penetrating the offshore oil sector with
BP Sells $1.1 Bln Worth of UK North Sea Assets to TAQA
BP announced today that it has agreed to sell its interests in a number of central North Sea oil and gas fields to TAQA for $1.058 billion plus future payments which, dependent on oil price and production, BP currently expects will exceed $250 million. The assets included in the sale are BP’s intere