Subsea
Silverfleet Capital Acquires AGR
Norway-headquartered AGR Holdings AS (AGR) has been acquired by the independent European private equity firm Silverfleet Capital. The deal, worth NOK 1,640 million (€195m) is expected to be completed on or around end of August 2014. AGR Holdings AS is the petroleum services division of Oslo-listed A
ExxonMobil, OMV Petrom Start Domino-2 Drilling in Black Sea
ExxonMobil Exploration and Production Romania Limited, an affiliate of Exxon Mobil Corporation, and OMV Petrom S.A. (OMV Petrom) announced the start of drilling at the Domino-2 well in the deepwater sector of the Neptun Block offshore Romania in the Black Sea. Data collected during the drilling prog
Det norske About to Complete Gohta-2 Appraisal Well
Det norske oljeselskap ASA announces that the Gohta-2 appraisal well in PL492 is about to be completed. The well confirmed presence of oil and gas and two production tests were undertaken. The test of the gas zone was successful, whereas the test in the oil zone was inconclusive. The appraisal well
No Oil for Tullow in Lupus Well
Ithaca Energy Inc. announces that the Tullow Oil Norge AS (“Tullow”) operated exploration well 31/10-1 on the “Lupus” prospect in licence PL507 in the Norwegian North Sea did not encounter hydrocarbons. Tullow is currently finishing drilling of exploration well 31/10-1. The well is located approxima
Plexus Bags Additional Order from Centrica
Plexus Holdings PLC, the owner of the proprietary POS-GRIP® friction-grip method of wellhead engineering, has received an additional purchase order from Centrica Energy Exploration and Production (‘Centrica’) to supply surface wellhead and mudline equipment services for an exploration well in the So
Top News of the Week of Jul 14 – Jul 20, 2014
1. SubSea Engineering Acquires Hyper-Sub Assets SubSea Engineering, Inc. announces that it has acquired the assets of the high-speed, high-efficiency Hyper-Sub, which will transform how submersible crafts are used. 2. VIDEO: Monitoring ‘Snohvit’ World’s First Subsea Oil System Snøhvit is the first o
PSA Carries Out Audit of Aasta Hansteen Facility
In June, the Petroleum Safety Authority Norway (PSA) carried out an audit of Statoil’s engineering of the Aasta Hansteen facility. Objective The objective of the audit was to assess whether Statoil’s and the contractors’ management of detail engineering in the area of OHAS was being carried out in c
PSA Audits Statoil’s Managed Pressure Drilling on Troll Field
From 10 to 13 June 2014, the Petroleum Safety Authority Norway carried out an audit of Statoil’s use of managed pressure drilling using COSL Innovator on the Troll field. Objective The objective of the activity was to audit that Statoil, the service providers, drilling contractor and other stakehold
Costa Concordia Emerges 4 Meters from Water
With the lowering of the starboard sponson S12, yesterday evening, the Concordia has emerged of an additional meter reaching an average refloating of 4 meters. Divers have worked all night to complete the connection of the chain related to sponson S18. At the moment, the Remote Operation Center team
Cargotec to Reverse Listing of MacGregor
Cargotec has decided to reverse earlier plans to separately list its MacGregor business. Cargotec’s Board of Directors expects that shareholder value will be best created by fully focusing on the integration of newly acquired businesses into MacGregor and by delivering profitable growth within the n
University of Liverpool to Host Tidal and Wave Energy Workshop
A free workshop on tidal and wave energy is to be held on 22 July 12:30–17:00 at the University of Liverpool’s Gallery Room at the Foresight Centre on Brownlow Street. The workshop “Overcoming the obstacles to deployment of tide and wave marine renewable energy” is open to all. The workshop is organ
TWD Installs Monopile Gripper Frame on Van Oord’s ‘Aeolus’
Temporary Works Design (TWD) completed the design and assisted in the fabrication of a monopile gripper frame for Van Oord. The gripper is designed to keep the monopiles in the correct position and inclination, while counteracting the wave, wind, and current loads on the pile during wind turbine ins
Pulse Provides Real-Time Fatigue Monitoring System for Lancaster Discovery
Pulse Structural Monitoring (Pulse), an Acteon company, has provided a real-time wellhead fatigue monitoring system for drilling and well testing operations on the Lancaster Discovery, west of Shetland in the UK North Sea. The well operator, Hurricane Energy plc, wanted to check the wellhead fatigue
SmartBay Ireland Teams Up with European Test Site Operators
SmartBay Ireland has recently entered a Memorandum of Understanding (MOU) with OBSEA Seafloor Cabled Observatory operated by Universitat Politècnica de Catalunya (Spain), Oceanic Platform of the Canary Islands PLOCAN, Marine Institute Ireland and Consejo Superior de Investigaciones Científicas (CSIC