Petrobras, Brazil’s state-controlled oil company, has said that it may have a reduction of $15 billion in net income between 2014 and 2018 in case of termination of current contracts with SBM Offshore.
On 23 August 2013, a Super Puma L2 helicopter, owned by CHC, on its way from the Borgsten Dolphin semi-submersible drilling rig, was on approach to Sumburgh Airport when it crashed. Four passengers were killed. That was the fifth accident in four years involving a helicopter carrying oil and gas industry personnel to and from offshore installations in the North Sea.
Providence Resources P.l.c., the Irish oil and gas exploration and appraisal company has provided an operational update on activities in FEL 2/04, FEL 4/08 and FEL 1/14 (“the licences”), which are all located within Quadrant 35 in the northern Porcupine Basin.
Japan’s INPEX has announced that it launched the hull of the floating production, storage and offloading (FPSO) facility for the INPEX-operated Ichthys LNG Project from the dry dock at the Daewoo Shipbuilding and Marine Engineering (DSME) shipyard in Geoje, South Korea.
Heerema Marine Contractors (HMC) has selected Kongsberg Maritime’s K-Sim Offshore simulation platform to enhance crane operator training and the safe, efficient implementation of heavy lift operations.
Greenpeace, an international environmentalist group, is continuing with its campaign against a co-promotion deal between Shell and LEGO.
Denmark’s Maersk Oil, completed the acquisition of stakes in three Brazilian blocks from SK Energy for USD 2.4 billion in July 2011. Maersk Oil has now revised its strategy and will no longer pursue growth or operatorship for its business in Brazil.
July 13, 2014