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China-based BGP Equips its Seismic Vessels with Marilink VSAT Technology
Fossil Energy

China-based BGP Equips its Seismic Vessels with Marilink VSAT Technology

Chinese National Petroleum Cooperation (CNPC) subsidiary, BGP, has chosen Marlink as its provider of VSAT satellite communications for its fleet of state-of-the-art seismic vessels. BGP Prospector, the most recent vessel to join the fleet is equipped with Marlink’s Sealink™ C-Band, SCPC VSAT. The BG

about 15 years ago
Norway: Kleven to Build Offshore Service Vessel for Myklebusthaug Offshore
Fossil Energy

Norway: Kleven to Build Offshore Service Vessel for Myklebusthaug Offshore

Kleven Maritime has signed a contract with Myklebusthaug Offshore, Norway, on the building of a new multipurpose offshore service vessel. The vessel is to be built at Kleven Yard in Ulsteinvik, Norway. This will be the first vessel to include ABB’s Onboard DC Grid system which leads to significantly

about 15 years ago
Oil Majors Show Interest in Turkey Offshore Exploration
Fossil Energy

Oil Majors Show Interest in Turkey Offshore Exploration

Turkish Energy Minister Taner Yildiz said today that Turkey has reached agreement with Dutch oil giant Shell, for the exploration in Gulf of Antalya. Turkey also plans to announce a tender for hydrocarbon exploration in Gulf of Mersin and Iskenderun, and many major oil companies such as Statoil, Pet

about 15 years ago
Rockhopper Completes Coring Operations at 14/10-9z Well, Offshore Falkland Islands
Fossil Energy

Rockhopper Completes Coring Operations at 14/10-9z Well, Offshore Falkland Islands

Rockhopper Exploration plc , the North Falkland Basin oil and gas exploration company, has completed coring operations at sidetrack well 14/10-9z. The sidetrack was drilled to a total depth of 2600m md. A total 60m of core was cut through Casper and Sea Lion bringing the total amount of core cut dur

about 15 years ago
Israel: DSME Enters Tamar Development Deal
Fossil Energy

Israel: DSME Enters Tamar Development Deal

South Korea’s Daewoo Shipbuilding & Marine Engineering Co Ltd announced today that it has entered into agreement with Noble Energy Inc, Delek Group Ltd and Isramco Inc to develop Israel’s Tamar offshore natural gas field. Daewoo will immediately begin with an LNG-FPSO feasibility study, and a final

about 15 years ago
Iran to Build its First Oil Spill Recovery Vessel
Fossil Energy

Iran to Build its First Oil Spill Recovery Vessel

Iran plans to invest up to $35 million to build its very first oil spill recovery vessel, Zawya reported. The vessel, which will be one of the biggest of its kind in the Middle East is expected to bear the responsibility of dealing with any oil spillage and pollution in the Persian Gulf. Iran Shipbu

about 15 years ago
Cyprus President Visits Offshore Drilling Rig
Fossil Energy

Cyprus President Visits Offshore Drilling Rig

Cyprus President Demetris Christofias yesterday paid a visit to an offshore drilling rig searching for gas south of the Mediterranean island, Reuters reports. Noble Corporation started with exploration drilling in September and this was Christofias’ first visit to the drilling site. “My presence her

about 15 years ago
USA: ConocoPhillips Announces New Appointments as Part of Future Restructuring
Fossil Energy

USA: ConocoPhillips Announces New Appointments as Part of Future Restructuring

ConocoPhillips yesterday announced announced several future appointments to the management teams of the two energy companies that will be created when ConocoPhillips completes its strategic repositioning, expected in the second quarter of 2012. The new ConocoPhillips will be an independent, pure-pla

about 15 years ago
Brazil: Government Slaps Chevron with USD 28 Million Fine for Frade Oil Spill
Fossil Energy

Brazil: Government Slaps Chevron with USD 28 Million Fine for Frade Oil Spill

The U.S. oil company Chevron may be prohibited from participating in the exploration of oil in the pre-salt layer because of the leak in the Frade Field, Campos Basin, offshore Rio de Janeiro, according to the Brazil’s National Petroleum Agency (ANP). ANP said that Chevron didn’t have equipment in B

about 15 years ago
Havyard to Deliver Another PSV to Faroe Islands
Fossil Energy

Havyard to Deliver Another PSV to Faroe Islands

The Herøy-based company has signed a contract with Supply Service for delivery of a vessel of Havyard 832 L design to the Faroe Islands and shipowner Tummas Justinussen. This will be the fourth ship of a Havyard design heading to the Faroe Islands and it is the third Supply Service vessel being buil

about 15 years ago
Finnish Wartsila One Step Closer to Hamworthy Acquisition
Fossil Energy

Finnish Wartsila One Step Closer to Hamworthy Acquisition

Wärtsilä Corporation announced that it has reached agreement with the Board of Hamworthy plc , a UK listed engineering company focussed on the marine and oil and gas sectors, in regards to a recommended cash offer for the acquisition of Hamworthy. Under the terms of the acquisition Hamworthy shareho

about 15 years ago
Malaysia: Bumi Armada Profit Down 1 pct
Fossil Energy

Malaysia: Bumi Armada Profit Down 1 pct

Bumi Armada Berhad, the largest owner and operator of offshore support vessels in Malaysia, announced today an increase in YTD revenue of 34.8 % to RM 1.17 billion from RM 870.2 million a year ago, driven by higher activity across all its business segments. Its operating EBITDA also increased by 19.

about 15 years ago
Statoil Becomes Operator of Halmahera Block, Offshore Indonesia
Fossil Energy

Statoil Becomes Operator of Halmahera Block, Offshore Indonesia

Statoil announced today that it has been awarded the operatorship and a significant working interest in a large offshore exploration licence in eastern Indonesia. The Halmahera II block is situated in a frontier basin with no wells drilled nearby. Statoil now owns 80% working interest in the licence

about 15 years ago
UK: STATS Appoints Graham Thomson as General Manager
Fossil Energy

UK: STATS Appoints Graham Thomson as General Manager

Aberdeen-based pipeline integrity and intervention specialist, STATS Group, has bolstered its management team with the appointment of former Sparrows Offshore executive Graham Thomson as general manager. STATS said the creation of the new post was part of its 2012 growth strategy and will allow the

about 15 years ago
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