BW Offshore has signed the contract with Premier Oil for a FPSO to operate on the Catcher oil field in the UK North Sea. The LOA will be converted into a final contract subject to final partner sanction and Department of Energy and Climate Change (DECC) approval, expected to be completed during Q2 2
Havila Shipping ASA has achieved a profit before tax of NOK 41.9 million in Q1 2014,compared with NOK -19.6 million in Q1 last year. Total operating income and gains was NOK 378.5 million in the Q1 of 2014. Total operating income for corresponding period last year was NOK 330.4 million. The group ha
LDD, an Acteon company, has successfully completed drilling monopile foundations for RWE Innogy’s Gwynt y Môr Offshore Wind Farm, North Wales, UK. LDD has been working on the project since 2011, when it designed, built and delivered one of the world’s largest reverse circulation drill rigs, the LD50
BOURBON confirmed its objective of 8-10% growth in revenues for 2014 with a slight increase in the EBITDAR/revenue margin. BOURBON 2014 1st quarter revenues were $443.3 million, an increase of 7.9% at constant exchange rates (2.9% at current rates). Quarterly revenues rose 7.9% (at constant rates),
Total has released its first quarter 2014 results. Net income was $3.3 billion, compared to $3.7 billion in the first quarter of 2013. Highlights of the first quarter 2014: • Started gas and condensate production on Itau Phase 2 in Bolivia; • Launched the ultra-deep offshore Kaombo project in Angola
Deloitte’s Petroleum Services Group (PSG) has provided detailed information on proposed new and completed wells and an overview on all licensing and deal activity in North West Europe. This review is collated from information produced by PSG’s Weekly Service, a report distributed to subscribers each
Pulse Structural Monitoring (Pulse), an Acteon company, has finished a subsea integrity monitoring project for a DONG Energy offshore wind farm. Pulse supplied a system to measure the motion of a number of unsupported sections of subsea cable at the Gunfleet Sands wind farm in the UK sector of the S
First hydrocarbons have flowed from Dana Petroleum’s flagship Western Isles Development Project. The first production well has now been successfully completed and flow tested and a further three wells have been drilled and cased to surface casing depth. All four subsea christmas trees have also been
The operations to install the first of the 19 sponsons to be positioned for the refloating of the Costa Concordia wreck have been completed. The sponson S13, the biggest in weight and size, is now positioned on the starboard side at about 11 meters in depth from the artificial seabed on which the Co
Eni, the international oil and gas company, announced its group results for the first quarter of 2014. Net profit was $1.80 billion, down 15.6% from the first quarter 2013. In the first quarter of 2014, adjusted operating profit was €3.49 billion, down 6.8% compared to the first quarter of 2013. Thi
Det norske oljeselskap ASA announces a good first quarter 2014. The development of the Ivar Aasen field is on schedule. Fabrication of the living quarters, steel jacket and platform deck is ongoing. A development concept has been agreed for the Johan Sverdrup field. The development of the Ivar Aasen
Det norske oljeselskap ASA is, as partner in production licence 265, in the process of completing drilling of appraisal wells 16/2-19 and 16/2-19A in the Johan Sverdrup oil discovery. The objective of the wells was to examine the extent and properties of the reservoir rocks in the northernmost part
The latest milestone in the Cygnus gas field project took place on April 28th as the first piece of major infrastructure sailed out from Isleburn’s facilities at Nigg Energy Park. The beginning of the subsea isolation valve (SSIV) and WYE structures’ journey to the Cygnus site in the Southern North
CMS-Geotech Ltd has launched its new operations base in Lowestoft, Suffolk providing specialist marine geotechnical support to a wide variety of marine sectors in both offshore & coastal waters. CMS-Geotech will specialise in geotechnical equipment hire, geotechnical surveys & seabed sampling, speci
