Company News

Norway: Marathon Takes Over Vilje Operatorship from Statoil

Norway: Marathon Takes Over Vilje Operatorship from Statoil

Statoil transfers operatorship of the Vilje field in the North Sea to Marathon Oil Norge.  The agreement does not involve any change of stakes in the production licence (PL 036D). “Statoil is interested in good area solutions. We therefore find it natural that Marathon, as the biggest operator in the area, gets to optimise the [...]

Norway: Aker Solutions Buys LMV

Norway: Aker Solutions Buys LMV

Aker Solutions is acquiring the mechanical workshop company Lyngdal Mek. Verksted (LMV), thereby increasing its capacity to assemble, test and overhaul drilling equipment especially for the North Sea market. This is the second recent acquisition by Aker Solutions’ drilling technologies business in its home region, following the takeover of Herman Hansen Mek. Verksted, another assembly [...]

Seadrill Hires Fairstar for Rig Transportation from Trinidad to Vietnam

Seadrill Hires Fairstar for Rig Transportation from Trinidad to Vietnam

Dutch Fairstar Heavy Transport N.V. (FAIR) has been awarded a new contract from Seadrill to transport the drilling rig Offshore Vigilant from Port of Spain, Trinidad to Vung Tau, Vietnam on Fairstar’s semi-submersible vessel FJELL. The contract value is USD 2.9 million. FJELL has just safely discharged two concrete power generating barges for the Chevron [...]

Cargotec Equips 15 OSVs in China

Cargotec Equips 15 OSVs in China

In April, Finland’s Cargotec secured new contracts to deliver MacGregor anchor-handling, mooring and towing solutions for 15 offshore support vessels (OSV) of various types being built in China for Asian customers. The ships are being built in several shipyards in China for delivery throughout 2013 and 2014 to Coastal Offshore, Nam Cheong, Ezion Holding and [...]

More Gas for Eni Offshore Mozambique. Another Giant Discovery

More Gas for Eni Offshore Mozambique. Another Giant Discovery

Italian oil company Eni announces a new giant natural gas discovery in Area 4, offshore Mozambique, at the Coral 1 exploration prospect.  The results for this well, drilled in the southern part of Area 4, are “of particular significance”. The Coral discovery is estimated to contain between 7 and 10 tcf of gas in place, [...]

Forum Energy Technologies Successfully Tests BOP-AT in Africa

Houston based Forum Energy Technologies, Inc. announced today the successful testing of its subsea Blowout Preventer Actuation Tool (BOP-AT) on a live well off the coast of West Africa at a water depth of over 1000 meters. The tool closes the blow out preventer remotely using only the power provided by a remotely operated vehicle [...]

Fairmount Tows Diamond Offshore’s Rig from Brazil to USA

Fairmount Tows Diamond Offshore’s Rig from Brazil to USA

Fairmount Marine’s tug Fairmount Alpine has towed the rig Ocean Whittington from offshore Belem, Brazil, to offshore Galveston, US. For this job Fairmount Marine was contracted by the rig’s owner, Diamond Offshore Drilling, for which Fairmount has performed a series of towages in recent years. Ocean Whittington is a semi submersible drilling rig for deep [...]

CAMAC, Kenya Pen Four PSCs

CAMAC Energy Inc. (NYSE Amex: CAK) today announced that it has signed Production Sharing Contracts (“PSCs”) with the government of The Republic of Kenya for previously awarded exploration Blocks L1B, located onshore in the Lamu Basin, and L16, located in the Lamu Basin transition zone. Block L16 is bordered on the east by Block L8, [...]

5th Discovery in a Row for BG Group Offshore Tanzania

BG Group today announced its fifth consecutive Tanzania gas discovery with the Mzia-1 exploration well located in Block 1, offshore southern Tanzania. Mzia-1 is BG Group’s first discovery within the deeper Cretaceous section and opens an extensive new play fairway within the Group’s offshore acreage in Blocks 1, 3 and 4, to complement the now [...]

UK: Craig Group Secures Deals for Four ERRVs

UK: Craig Group Secures Deals for Four ERRVs

A £35 million investment by Craig Group in four new vessels has already secured major contracts for the Aberdeen global shipping and energy services company. The new-build D-Class Emergency Response and Rescue Vessels (ERRVs), which will be managed by Craig Group division North Star Shipping, will take to the waves throughout the year on charter [...]





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