News
UK: BP Extends Safe Caledonia Contract
BP Exploration Operating Company Limited (‘BP’) has extended the contract duration for the use of Safe Caledonia accommodation rig at the Andrew Area Development Project in the UK sector of the North Sea. The revised contract period incorporates operations at the Magnus platform and extends the cont
The Netherlands: New Damen Dredging Website Launched
As of May, the new website of Damen Dredging Equipment has gone live. The new website reflects the innovative approach of Damen as a fore runner in the industry. The website shows the company’s full range of dredging gear, and its navigation has been designed to be fast, simple and user-friendly. Th
Gazprom, CNPC Discuss LNG Supplies to China
Alexander Medvedev, Deputy Chairman of the Gazprom Management Committee and Wang Dongjin, Vice President of the China National Petroleum Corporation (CNPC) had another round of commercial talks. “The meeting discussed a wide range of issues related to arranging Russian pipeline gas and LNG supplies
Statoil Gets Nod to Remove TOGI Template (Norway)
Statoil has received consent from PSA Norway to remove the Troll Oseberg Gas Injection (TOGI) template from the seabed and transport it onshore for scrapping and recycling. The TOGI facility is part of production licence 085 and is located south of Troll Øst in block 31/6. The consent relates to rem
UK: Xcite Energy Prepares for Bentley Production Tests
Xcite Energy has announced that the 9/3b-7 well at its Bentley field, offshore UK, has reached target depth of 9,377 feet (measured depth). A reservoir section in excess of 2,200 feet has been penetrated, with 100% net pay, and sand screens have been run successfully. The remainder of the planned op
BG of UK Sells Comgas Stake
BG Group of UK today announced it had signed a definitive binding agreement with Cosan S.A. Indústria e Comércio for the sale of the Group’s entire 60.1% holding in Comgás for Brazilian reais 3.4 billion in cash, or approximately $1.7 billion. In addition, the transaction will reduce debt on the BG
Spain: Repsol Approves 2012-2016 Strategic Plan
Repsol of Spain said that its Board of Directors approved the 2012-2016 Strategic Plan. At the same time, and to aid the execution of the Strategic Plan and with the focus on its future vision, Repsol’s Board unanimously approved a proposal submitted by the Chairman with the prior report issued by t
UK: Latchways PRD Wins Three Awards
Latchways has recently launched their latest innovation in rescue safety – the Latchways Personal Rescue Device™ (PRD). In the event of a fall from height, the Personal Rescue Device—integrated into a full body harness – will not only arrest the fall, but lower the user safely to the ground in matte
Ireland: P&O Maritime Signs RenewableUK Health and Safety Accord
P&O Maritime has become a signatory to the RenewableUK “Offshore Wind and Marine Energy Health and Safety Accord” which aligns with P&O Maritime’s commitment to ensuring that Health and Safety is at the forefront of its operations within the European Offshore Renewables Industry. As a signatory to t
Denmark: Ramboll to Design Cape Wind Foundations
A new offshore wind farm in the US marks the turning point for offshore wind energy. Ramboll will as leader of a consortium with U.S. based companies design the foundations for the Cape Wind Offshore Wind Farm. The consortium expects more US offshore wind projects to be on the way. America’s first o
Denmark: Ramboll to Design Cape Wind Foundations
A new offshore wind farm in the US marks the turning point for offshore wind energy. Ramboll will as leader of a consortium with U.S. based companies design the foundations for the Cape Wind Offshore Wind Farm. The consortium expects more US offshore wind projects to be on the way. America’s first o
BP Committed to Developing TAP, Executive Says (Germany)
BP of UK, the operator of the Shah Deniz natural gas field in Azerbaijan, expressed its commitment to developing the Trans Adriatic Pipeline (TAP) as the southern gas transportation route into Europe. Speaking at the BP Forum in Berlin, on Thursday, Iain Conn, Chief Executive Refining and Marketing
UK: Atlantic Offshore Provides Support Vessels for Oil Majors in North Sea
Aberdeen-based standby vessel operator Atlantic Offshore Rescue has secured contracts in the last few weeks with major oil companies worth a combined £12million. The vessels will provide support in the UK North Sea for Shell, Nexen, Hess and Talisman Energy (UK) Limited. Atlantic Offshore has been i
Germany: Dong Completes Borkum Riffgrund 1 Divestment
KIRKBI A/S and Oticon Foundation – the latter via its investment company, William Demant Invest A/S – signed an agreement to buy a 50 % stake in the 277,2 MW Borkum Riffgrund 1 offshore wind farm from DONG Energy for a total sum of DKK 4.7 billion. Completion of the transaction was conditional on ap