Fossil Energy
KBR, FMC Technologies Awarded Project 20K™ Contracts by BP
BP announced today it has awarded the first contracts for Project 20K™, a multi-year initiative to develop next-generation systems and tools to help unlock the next frontier of deepwater oil and gas resources, currently beyond the reach of today’s technology. The initial contracts will go to KBR and
EMGS: Boa Galatea Starts New Contract in Brazil
EMGS, a Norwegian provider of electromagnetic (EM) technology, has announced that its Boa Galatea vessel has completed the 3D EM data acquisition under the one-year contract in Brazil. The company has informed that the vessel has already been hired for a new 3D EM data acquisition project in Brazil
Damen to Deliver 12 Tugs for the Booming Brazilian Market
Damen Shipyards Group and Wilson Sons (Brazil) have signed a contract for ten Damen ASD Tugs 2411 and two ASD Tugs of the new 3212-type, destined for the booming Brazilian market. The vessels will be built at the Wilson Sons shipyard in Guarujá, São Paulo and will go into service for Wilson Sons sub
Lundin Allowed to Drill New Well in North Sea (Norway)
The Norwegian Petroleum Directorate (NPD) has granted Lundin Norway AS a drilling permit for well 16/2-16, cf. Section 8 of the Resource Management Regulations. Well 16/2-16 will be drilled from the Transocean Winner drilling facility at position 58°51’1.14’’ north 02°35’50.55’’ east for Lundin Norw
Nam Cheong Receives Orders for Four AHTS Vessels (Malaysia)
Malyasia’s Nam Cheong has secured order s for four Anchor Handling Towing Supply Vessels. The total value of the orders is estimated at $45.13 million. Three of the vessels have been sold to two repeat customers. One of the three vessels, sold to a customer based in Norway, will be deployed to Brazi
Gazprom, Eni Execs Meet in Moscow
Gazprom CEO Alexey Miller and Eni CEO Paolo Scaroni met today at Gazprom’s headquarters in Moscow. During the meeting, the two parties discussed the current situation and the outlook for the cooperation between the two companies in the oil & gas sector. In addition, they analyzed the current environ
Drydocks Participates in ADIPEC 2012, UAE
Drydocks World and Maritime World, the prominent marine and maritime services and global provider, is participating in ADIPEC 2012, the leading exhibition in the Middle East targeting the offshore oil and energy sectors, being organised from 11 – 14 November 2012 at ADNEC. The Company is featuring s
Providence: Drombeg Could Hold 872 MMBO (Ireland)
Providence Resources P.l.c., the Irish oil and gas exploration and production company, provides a technical and resource update on Licensing Option 11/9 (“Drombeg”). Providence (80%, Operator) and Sosina Exploration (20%) were awarded Licensing Option 11/9 (“Drombeg”) as part of the 2011 Irish Atlan
MEO Australia Encouraged by Gurame Well Gas Shows (Indonesia)
MEO Australia Limited provides the following update in relation to Gurame SE-1XST being drilled in the Seruway PSC, offshore North Sumatra. Since the last report, a conventional core was cut over a 13.4m interval from 2,794-2,807.4mMDRT at which point coring was terminated and 12.36m (92.2%) of core
Seadrill, Husky to Enter $1.2 Bln Rig Contract
Seadrill has received a Letter of Award from Husky Oil Operations Limited for a new five-year contract for the newbuild harsh environment semi-submersible rig West Mira for operations in Canada and Greenland. Total estimated revenue potential for the contract, including mobilization and performance
New Offshore Concession for RWE Dea in Egypt
RWE Dea has been awarded a new offshore concession in Egypt, East Ras Budran Offshore. The block was offered in the International Bid Round 2011 of the Egyptian General Petroleum Corporation (EGPC). The concession East Ras Budran Offshore was awarded to RWE Dea as operator with 80% share. It is situ
Cyberhawk, Stork Win Oil & Gas UK Award for Offshore Aerial Inspection Innovation
Remote aerial inspection company Cyberhawk Innovations and Stork Technical Services have won the Business Efficiency category in the Oil and Gas UK Awards 2012 for a money-saving and time-saving assessment of offshore asset condition. The inspection is the first offshore inspection in the North Sea
Reef Subsea: Q1000 Subsea Trenching ROV Trials Complete (UK)
Reef Subsea today announced that its subsidiary company, Reef Subsea Power and Umbilical Ltd., with offices in Stockton-on-Tees and Aberdeen, has successfully completed a series of offshore trials on its recently launched Q1000 subsea trenching ROV. The capabilities of both the trencher and its Laun
Floatel Superior to Be Repaired in 1-2 Weeks, Owner Says
Floatel Superior accommodation rig, which was on November 7 evacuated after it had tilted 4 degrees due to a hole in the ballast tank, arrived at Kristiansund on Friday, November 9. The owner of the unit, Floatel International, informed that a first inspection of the damage was carried out confirmin