“There is absolutely reason to question the conclusions used by the EU Commission as a basis for its proposed regulation for offshore safety and the effect of such a regulation,” says Alfred Nordgård in the Norwegian Oil Industry Association (OLF). In October 2011, the EU Commission submitted a prop
Petrofac, the international oil & gas service provider, has been awarded a contract by Apache North Sea Limited (Apache) for the provision of onshore engineering and both onshore and offshore construction services. The three-year contract, which was awarded following a competitive tender process, ha
Gazprom and Petrovietnam State Oil and Gas Corporation held the fourth meeting of the Joint Coordinating Committee (JCC) aimed at implementing the Strategic Partnership Agreement between the companies. The meeting was moderated by the JCC Co-Chairmen: Vitaly Markelov, Deputy Chairman of the Gazprom
Following successful Winter Diving and Spring Survey/IMR campaigns N-Sea expands their fleet and announces the inclusion of the ROV survey support vessel ‘Toisa Conqueror’. The ‘Toisa Conqueror’ built (2001) by Appledore Shipbuilders in the UK, is a 74m DP2 vessel complimented by N-Sea’s modular Wor
Eekels Elektrotechniek (Eekels), a TBI company, has been asked by Damen Shipyards to supply the electrical equipment for eight platform supply vessels, including the drive systems for propulsion. From October 2011 to May 2012, Eekels was commissioned by Damen Shipyards Gorinchem to supply the electr
Jaya Holdings Limited (“Jaya”), a leading Offshore Energy Services provider, wishes to announce that its wholly owned subsidiary, Jaya Shipbuilding and Engineering Pte Ltd has signed an agreement with IHC Merwede Asia Pacific which enables IHC’s high-specification offshore vessels to be produced by
Providence Resources P.l.c., (“Providence”) the London (AIM) and Dublin (ESM) quoted oil and gas exploration and production company, confirms an operational update for the Upper Jurassic Spanish Point gas condensate discovery which is located in Frontier Exploration Licence (FEL) 2/04. This licence,
Recently, Congressman Frank Pallone, Jr. (NJ-06) introduced an amendment in the Natural Resources Committee markup of H.R. 6082 that removed proposed oil and gas lease sales in the Atlantic Ocean from the bill. The original legislation will enable Big Oil companies the ability to lease five areas in
BG Group, and partners, have approved the signature of contracts totaling $4.5 billion for the construction of the first six topside modules and integration packages for the eight domestic floating production, storage and offloading units (FPSOs) to be used on the Santos Basin pre-salt projects in b
Nido Petroleum Limited announce that its wholly owned subsidiary, Nido Production (Galoc) Pty Ltd, has signed a senior secured debt facility with Standard Bank pic for up to a maximum of US$30 million for a term of three years. The facility will provide a significant portion of Nido’s share of fundi
Sealing its position as a leading supplier of specialist offshore engineering solutions, Aquaterra Energy has opened a new office in the heart of the UK Oil and Gas industry, Aberdeen. Located on Albyn Terrace in Aberdeen’s West End, the Aquaterra Energy Aberdeen team comprises specialist Analysts a
GE announced it has signed a more than US$600 million, 22-year contractual services agreement (CSA) with Chevron Australia Pty LTD to maintain the compression trains, power generation and associated equipment that will be at the heart of the Chevron-operated Gorgon Project off the northwestern coast
Diamond Offshore Drilling, Inc. reported net income for the second quarter of 2012 of $201.5 million, or $1.45 per share on a diluted basis, compared with net income of $266.6 million, or $1.92 per share on a diluted basis, in the same period a year earlier. Revenues in the second quarter of 2012 we
GAC Shipping UK has completed the successful installation of the Conwy platform 40 miles off the port of Liverpool, only two months after a tug carrying the rig’s jacket and topside – each weighing in at over 700 MT – set off from Rotterdam. GAC’s Liverpool office was appointed by Dutch heavy civil
