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North Sea

Rowan Wins North Sea Contract

Rowan Companies won a term drilling contract for use of the Rowan Gorilla VII in the North Sea commencing in August 2005. The contract provides for a one-year term with a minimum work commitment of nine months, and includes an option for a second year. Rowan estimates that contract revenues, based on a one-year term, will be approximately $65 million. As previously reported, Gorilla VII is currently carrying out decommissioning activities on the Ardmore Field in the North Sea which the Company expects to conclude during July.


Tidewater Sells North Sea Boats

Tidewater Inc. will sell its North Sea safety-standby boats to BUE Marine Limited of Edinburgh, Scotland. The $40 million all-cash deal is expected to close by late June. The 28 safety-standby boats were obtained by Tidewater as part of earlier acquisitions. This type of rescue vessel is required for oil and gas entities operating in the North Sea.


Sharp Rise Seen in North Sea Decommissioning

Decom North Sea (DNS), the organization which represents the North Sea’s oil and gas decommissioning industry, has welcomed changes in the budget which will boost the sector, leading to new jobs and investment in new equipment.   With annual decommissioning expenditure in the North Sea forecast to top £1billion within a few years and a total of about £35billion due to be spent over the next 20 to 30 years, DNS had called for the budget to provide long-term certainty


BP Selects Offshore Automation Contractor of Choice

BP Exploration selects Emerson Process Management as automation contractor of choice for North Sea oil & gas operations Emerson will be BP’s preferred supplier of integrated control and safety systems for five offshore fields in the U.K. continental shelf, including the new Clair Ridge platforms and the Quad 204 floating production, storage and offloading vessel. Emerson’s selection as contractor of choice builds on an earlier agreement in which the company was named a Main


UK North Sea Gas Discovery 'Significant' Say E&P

E.ON Exploration & Production's (E&P) Tolmount gas discovery in the UK North Sea could contain significantly higher volumes than originally estimated, making it one of the largest discoveries made in this part of the North Sea for several years. The recently completed appraisal well reached its targets within time and budget on 6th July. A 855 m side-track was completed on 30th July, 2013.   "This successful discovery in UK is an important step for our growing upstream


Divorce Costs Could Sour Scotland's North Sea Hopes

By Karolin Schaps, Reuters Scottish nationalists are betting $2.5 trillion of hydrocarbons trapped miles beneath the North Sea could bankroll an independent Scotland, but winning control of the European Union's largest oil reserves would be no blank cheque. Scotland says the bulk of Britain's North Sea oil and gas reserves are in its waters, while London says any division would be subject to negotiations should Scots vote to end their 307-year-old union with England in a referendum on


WesternGeco Awarded Contract

ExxonMobil Exploration has awarded WesternGeco a multiproject Q-Marine contract to cover three ExxonMobil assets in West Africa, the Gulf of Mexico, and the North Sea. Q is the WesternGeco proprietary suite of advanced seismic technologies for enhanced reservoir location, description, and management. The surveys will be conducted by the Geco Topaz and the Western Neptune, two of the four WesternGeco Q-Technology vessels


North Sea Output Reduced 70,000 bpd

Royal Dutch/Shell is said to have cut its North Sea oil output by 70,000 bpd after lightning cut power to a natural gas plant.


North Sea Unions Call for Better Lifeboats

Lifeboats on oil and gas installations in the North Sea are not fit for purpose, union leaders claimed yesterday in Aberdeen, according to a report on www.thisisnorthscotland.co.uk. The Offshore Industry Liaison Committee (OILC) reportedly called for a new and safer way of evacuating offshore workers by boat and gave a damning verdict on the two methods currently in use.


Transocean to Create New Offshore Drilling Company

Image courtesy of Transocean

Transocean Ltd. says that it intends to pursue the creation of an entity comprising 8 of its UK North Sea midwater drilling rigs.  The new entity, Caledonia Offshore Drilling Company (Caledonia) is expected to be established during the second half of 2014. The offshore drilling assets currently contemplated for transfer to Caledonia include the following rigs: Sedco 704, Sedco 711, Sedco 712, Sedco 714, Transocean John Shaw, Transocean Prospect, GSF Arctic III and J.W. McLean.


ABIS Projects Bags £1m Contracts

Francis Kiernan

  ABIS Projects has won a clutch of contracts worth around £1million over the next 15 months. The oil and gas project services consultancy has secured frame agreements and call-off contracts with ADTI, Hunting, Talisman Sinopec and North Sea newcomer, MOL.


Chevron Awards North Sea Expansion Contracts

Chevron awarded front end engineering and design contracts for the expansion of its Captain oil and gas field in the North Sea to British suppliers Wood Group and Amec Foster Wheeler, it said on Tuesday. The offshore field, located around 68 miles (109 kilometres)north of Aberdeen


Servowatch Systems Equips KNRM Ship of the Year

Servowatch Systems has supplied an array of integrated technologies to the KNRM Nh1816 (Photo: Damen)

Servowatch Systems chief executive officer Wayne Ross has praised the Royal Netherlands Sea Rescue Institution (KNRM) for winning the KNVTS Ship of the Year Award for its new search and rescue boat, Nh1816. “We are proud to have been associated with this revolutionary vessel,” said Ross


Damen Responds to Evolving Fishing Practices

Photo: Damen

Maaskant Shipyards Stellendam meets fishing sector’s growing needs by performing electric pulse fishing conversions   As European fishing policies evolve, so fishing techniques advance. One of the latest technologies available is electric pulse fishing


Strategy Can Maximize UKCS potential

North Sea and UKCS Potential

Companies operating in the North Sea require a cultural shift to make the most of the its potential, according to a new report from Deloitte, the business advisory firm. The report, which gauges the oil and gas industry’s reaction to Sir Ian Wood’s Maximising Recovery Review


EU Backing UK on Green Maritime Transport

eu-flag.jpg

The EU's TEN-T Program will support with almost $6.29 million the pilot construction of the UK's first liquefied natural gas (LNG) bunker at Teesport near Middlesbrough and the LNG propulsion system of two new ships.   The project will help reduce maritime pollution and support the roll-out


EMGS Reports Multi-client Sales

New multiclient data Barents Sea sales for EMGS

  Electromagnetic Geoservices ASA (EMGS) has entered into a data licensing agreement with an international oil company worth USD 8 million for the provision of 3D EM data from EMGS's multi-client data library in the Barents Sea. "This sale confirms the increased recognition of the


Alewijnse Wins Electrical Installation Contract

The Seawell

Alewijnse Marine Systems has been awarded the contract for the full electrical refit of the 114 metre diving support vessel Seawell, owned by Helix Energy Solutions Group.   The Seawell is currently in the North Sea and is expected at the Damen Shiprepair Yard in Vlissingen at mid December


Zamakona Yards Join Forces with GS Hydro

Pictured from left to right, Mr. Borja Garaygordobil, General Director of Zamakona Yards Canarias and Mr. Pablo Moya, Managing Director of GS-Hydro Spain, Portugal and France

  Zamakona Yards signed a collaboration agreement with finish Multinational GS Hydro.  The agreement, with an initial duration of two years, will include hydraulic services in the already extensive range of services offered by the Zamakona Yards group in the Canary Islands.


Founder Retires From Stolt-Nielsen BoD

Jacob Stolt-Nielsen

Stolt-Nielsen Limited has announced that Jacob Stolt-Nielsen, the visionary entrepreneur who founded the company in 1959, will retire from the SNL Board of Directors effective December 15, 2014, thus formally concluding his career at the company, 55 years to the date of its founding


Oil Continues Downward Spiral

The latest report from the U.S. Energy Information Administration presents several key findings, including: •    North Sea Brent crude oil spot prices fell by more than 15% in November, declining from $85/barrel (bbl) on November 3 to $72/bbl on November 28


Talisman Sinopec Closes North Sea Platform Ahead of Storm

Talisman Sinopec Energy UK has closed its Buchan Alpha platform in the North Sea, the company said on Wednesday, ahead of an expected severe winter storm. The Buchan Alpha is a floating production installation that contributes less than 5,000 barrels of oil per day to the Forties crude stream


EnerMech Secures $53.4m Cranes Contracts

Photo courtesy of EnerMech

EnerMech has secured six new or renewed cranes and lifting contracts in the UK North Sea sector valued in excess of $53.4 million. The Aberdeen headquartered mechanical engineering group agreed extensions to contracts with Apache North Sea, Maersk Oil and Marathon Oil


Vessel Fire Forces Platform Evacuation

About 300 have evacuated a platform in the North sea after a fire left a vessel disabled and drifting nearby without power, BBC reported.   BG Group told BBC it was removing workers by helicopter from the Lomond installation - about 145 miles east of Aberdeen.   


Aker Solutions Wins Mariner Development Deal

The work will be managed by Aker Solutions UK MMO unit through an integrated construction and completions (ICC) organization with Daewoo and Statoil.

  Aker Solutions secured a contract from Daewoo Shipbuilding and Marine Engineering to provide engineering, construction and commissioning services for the hook-up phase of the Mariner oilfield development in the UK North Sea. The agreement is worth more than GBP 120 million






 
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