Fossil Energy
North Sea Project Could Create Large Customer Base for ViaLogy, CEO Says
ViaLogy PLC announces it has initiated work on a North Sea project for one of the largest geosciences companies. In developed fields such as the North Sea the challenge of locating additional deposits is a well-known impediment to continued economic production. Yet exploitable reserves remain if the
Veripos Awarded Contract Extension with SeaBird (UAE)
Veripos, world leaders for provision of high-precision GNSS positioning solutions to the offshore oil and gas industry, has been awarded a two-year extension to its present contract with seismic survey specialists SeaBird Exploration FZ-LLC of Dubai, a division of the Norwegian SeaBird Exploration G
First Subsea Invests in Test Rig for Mooring Connectors (UK)
Subsea mooring connector (SMC) specialist, First Subsea has invested over £200,000 in new mooring connector test rig facilities at its production site in Lancaster, UK. The test-rig is being used in the manufacture of ‘next generation’ SMCs for industry leading, deepwater mooring projects: the Jack
CSV Normand Fortress Remains in Mexico for Another Year
Norway’s Solstad Offshore ASA (SOFF) has secured a contract extension for its CSV “Normand Fortress” with Constructora Subacuatica Diavaz, SA de CV in Mexico. Diavaz has decided to extend the contract for the MT 6016 RSV-design vessel for one year. The value of the contract is approximately USD 17 m
Rolls-Royce Design & Equipment for Two Chinese PSVs
Rolls-Royce, the global power systems company, has won a £12 million order to design and equip two platform supply vessels (PSVs). The vessels will be built at Jiangsu Eastern Heavy Industries Co., Ltd. in China. Rolls-Royce UT 755 LN vessels are designed specifically for transporting solid and liqu
Pertamina Buying Talisman Out of ONWJ PSC (Indonesia)
Pertamina, Indonesian state-owned oil and natural gas corporation, has reached an agreement with Canada’s Talisman Energy to acquire Talisman’s 5.03 interest in Offshore North West Java PSC, The Jakarta Post reports. Following the execution of the agreement Pertamina will own 58.28% in the project a
Atwood Oceanics Reports Record Revenues and Net Income
Atwood Oceanics has reported a net income of $95.5 million on revenues of $252.5 million for the quarter ended September 30, 2012, which is an increase when compared to net income of $72.9 million, on revenues of $177.6 million for the same period in 2011. For the twelve months ended September 30, 2
Mubadala Spuds Anchan-1 Well Offshore Thailand
MEO Australia Limited advises that Pearl Oil Offshore Limited (an affiliate of Mubadala Petroleum) has commenced drilling in the Gulf of Thailand G2/48 Concession with the spudding of Anchan-1 at 23:00 hrs (local time) on 15th November. This well is expected to take approximately 7-10 days to drill
Chevron Hires Pacific Khamsin Drillship
Pacific Drilling S.A. announced today that its ultra-deepwater drillship the Pacific Khamsin has been awarded a contract by Chevron for operations in West Africa. The minimum duration of the contract is for an initial two-year term, with contract commencement expected by end of the third quarter of
BP Pleads Guilty for Macondo. Agrees to Pay $4.5 Bln (USA)
BP yesterday reached agreement with the United States government to resolve all federal criminal charges and all claims by the Securities and Exchange Commission (SEC) against the company stemming from the Deepwater Horizon accident, oil spill, and response. As part of the resolution, BP has agreed
QGOG Orders Third UDW Drillship from Samsung
QGOG Constellation S.A. announced today that on November 14 it exercised, through one of its affiliates, an option for an advanced-capability DP3 ultra-deepwater drillship to be constructed by Samsung Heavy Industries Co. Ltd. (“SHI”). This will be the third drillship with SHI in South Korea and is
Sonardyne Exhibits Leak Detection Sonar at OSEA 2012 (Singapore)
At OSEA 2012, Sonardyne Asia Pte Ltd. will be presenting a new automatic leak detection sonar to the Asian Offshore industry. The Automatic Leak Detection Sonar (ALDS) will be on stand BV5-07 alongside products from Sonardyne’s 6G® range. Held every two years, the 19th OSEA will be taking place at T
EOC’s CEO Steps Down (Singapore)
Singapore’s EOC Limited announced today that its Chief Executive Officer (CEO), Lim Kwee Keong, will be stepping down with effect from 15 November 2012. Jon Dunstan EOC Limited’s Chief Operating Officer will assume the role of Acting CEO until a permanent replacement is found. The company, which own
FMC Technologies to Supply Subsea Systems for Tyrihans Field (Norway)
FMC Technologies, Inc. announced today that it has received an order from Statoil for additional subsea equipment for the Tyrihans field, offshore Norway. The order has an estimated value of $39 million in revenue. This order covers the supply of two subsea trees and three choke modules. The equipme