10000 results found for 'cove shell'

10000 results found for 'cove shell'
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  • Ithaca’s FPF-1 platform moves a step closer to Stella field

    22 July 2016
    Project & Tenders

    Following months of delays, or now, years of delays, Ithaca Energy’s FPF-1 production platform, to be deployed at the UK North Sea Stella project, seems almost ready to sail away from Poland where it is being built. Ithaca Energy on Friday said that the “FPF-1” floating production facility has completed the required inclination test as planned […]

  • Statoil submits plan for development for Utgard discovery

    9 August 2016
    Project & Tenders

    Statoil and its partners have submitted the Plan for Development and Operation (PDO) and the Field Development Plan (FDP) for the Utgard gas and condensate discovery in the North Sea to Norwegian and UK authorities. According to Statoil, recoverable reserves are estimated at 56.4 million barrels of oil equivalent, whereas capital expenditures are projected at […]

  • Another Norwegian contractor gets more work on Johan Sverdrup

    21 November 2022
    Business & Finance, Business Developments & Projects, Collaboration, Exploration & Production, Operations & Maintenance, Outlook & Strategy, Project & Tenders

    Aibel has secured an extension for maintenance and modification (M&M) work on the Johan Sverdrup field in the North Sea off Norway.

  • Safety watchdog audits Aker BP’s well plans due to challenging location

    7 June 2021
    Authorities & Government, Business & Finance, Business Developments & Projects, Environment, Exploration & Production, Regulation & Policy, Rules & Regulation, Safety

    Norwegian offshore safety regulator has carried out an audit of Aker BP and its planning for exploration drilling in the Barents Sea.

  • USA: BOEM to Determine Interest in West Coast Offshore Wind Development

    30 September 2013
    Authorities & Government

    As part of President Obama’s Climate Action Plan to create American jobs, cut carbon pollution, and develop domestic energy sources, the Bureau of Ocean Energy Management (BOEM) issued a request to determine whether there is competitive interest in leasing an area offshore Oregon that Principle Power, Inc. has proposed for a pilot-scale floating wind energy […]

  • Paradigm Group Secures Multi-Million Pound Deal

    15 October 2013
    Business & Finance

    A privately held investment fund based in The Netherlands has made a further investment in Scotland. Paradigm Group BV, has acquired GeoKey Limited, based in Edzell, Angus, in a seven-figure multi-million pound deal. The acquisition is the group’s third since its inception in 2009. Paradigm Group BV has interests in a number of key segments […]

  • IEA expects global oil demand growth to wind down in 2016

    11 August 2016

    Crude oil prices eased to around $45 per barrel in August as a global supply overhang weighed and demand growth weakened, the International Energy Agency (IEA) said in its newly released IEA Oil Market Report (OMR) for August.  Brent crude had threatened to break below $40 per barrel at the end of July, IEA said. […]

  • Lundin Completes Appraisal Well 16/4-8 S in Luno II Discovery

    29 August 2014
    Business & Finance, Operations & Maintenance

    Lundin Petroleum AB (Lundin Petroleum), through its wholly owned subsidiary Lundin Norway AS (Lundin Norway), announces that drilling of appraisal well 16/4- 8 S in the Luno II discovery has been successfully completed. The Luno II discovery is located approximately 15 km south of the Edvard Grieg field in the North Sea sector of the […]

  • CRP Issues Draft Conditions

    13 November 2014
    Business & Finance, Project & Tenders

    Chatham Rock Phosphate Limited (CRP) has provided an updated set of draft conditions to the Environmental Protection Authority Marine Consent hearing to comprehensively address the issues discussed by experts and raised by submiters. The conditions cover mining operations, the mine plan and environmental management – including of marine mammals and seabirds.  The conditions include extensive […]

  • Norway: Det Norske Announces Start of Drilling at Krafla and Gullris Prospects

    22 March 2011
    Business & Finance

    Det norske is partner in two ongoing exploration wells. Statoil is currently drilling the first section on the Krafla prospect in the North Sea production licenses 035 and 272. In the Norwegian Sea, BG Norway started yesterday the drilling operation on the Gullris prospect in production license 522. Krafla is an oil prospect located in […]

  • Catalyst farms out UK license to Cairn, inks rig deal with Transocean

    14 June 2018
    Business & Finance, Exploration & Production

    Cairn Energy has farmed into Azinor Catalyst’s Agar Plantain well and the P1763 Licence on the UK Continental Shelf.

  • US Requires More Reviews Before Approving New Offshore Drilling Permits

    17 August 2010
    Business & Finance

    The Obama administration said Monday that it would require significantly more environmental review before approving new offshore drilling permits, ending a practice in which government regulators essentially rubber-stamped potentially hazardous deepwater projects like BP’s out-of-control well. The administration has come under sharp criticism for granting BP an exemption from environmental oversight for the Macondo well, […]

  • US firm offloads additional stake in big offshore oil field to Mexican conglomerate

    17 December 2024
    Business & Finance, Business Developments & Projects

    Talos Energy has made arrangements to divest more interest in its subsidiary, Talos Mexico, which holds an interest in a giant oil field off Mexico, to Zamajal, a subsidiary of the Mexico-headquartered Grupo Carso conglomerate.

  • New operator takes the reins at North Sea field

    2 November 2022
    Authorities & Government, Business & Finance, Business Developments & Projects, Exploration & Production, Project & Tenders, Regulation & Policy

    Germany’s Wintershall Dea has completed the sale of its interest in three North Sea fields to Norway’s OKEA.

  • BP and AAR Move to Resolve Joint-Venture Dispute

    5 September 2008

    An overhaul of the governance structure of Russia’s third largest oil company, TNK-BP, has been agreed in principle by the two main owners, BP and Alfa Access-Renova (AAR). The aim is to better align their respective interests and improve the transparency of TNK-BP’s equity. A memorandum of understanding (MOU) signed today and due to be […]

  • 5 Oil & Gas companies themes to look out for in 2015

    23 January 2015
    Business & Finance

    Wood Mackenzie, an energy intelligence group, has issued a list assessing the challenges facing the Majors, Independents and National Oil Companies (NOCs) in 2015, identifying five themes to look out for which will shape the oil & gas corporate landscape:     The financial challenge of low prices Lower oil prices pose the biggest threat to […]

  • First oil flows from Apache’s Garten development

    5 December 2018
    Project & Tenders

    Apache Corporation has initiated production from its Garten development on Block 9/18a Area-W in the United Kingdom sector of the North Sea.

  • Norway: Lundin Reports Major Resource Increase in Avaldsnes

    30 September 2011
    Business & Finance, Project & Tenders

    Lundin Norway AS, a wholly owned subsidiary of Lundin Petroleum AB announce an updated estimate of the recoverable Contingent Resources from the Avaldsnes discovery in licence PL501, located in the Norwegian North Sea on the Norwegian Continental Shelf (NSC). Lundin Petroleum is the operator of PL501. The Avaldsnes discovery is estimated to contain gross Contingent […]

  • Poten: Coronavirus muddles LNG market, Chinese LNG imports

    14 February 2020

    Uncertainty and disruptions associated with the Covid-19 ( Coronavirus) outbreak in China continue to dog the global LNG markets.

  • Norway: 10 exploration wells put on hold as low oil prices and coronavirus bite

    8 April 2020
    Authorities & Government, Exploration & Production, Human Capital, Infrastructure

    Exploration activity offshore Norway has been reduced and 10 wildcat wells previously planned for this year will be delayed due to the coronavirus crisis and the sharp decline in oil price.

  • UK: 2011 Unusually Good Year for BP, CEO Bob Dudley Says

    26 July 2011
    Business & Finance

      BP today said that it expects future cash flows generated by its worldwide operations to grow faster than output. This growth is expected in both its upstream and downstream businesses as the company delivers its strategic priorities, increases its investment in future growth opportunities and portfolio work continues. Introducing BP’s financial results for the […]

  • GALLERY: Greenpeace activists climb West Hercules rig ahead of Equinor drilling plans

    29 April 2019
    Exploration & Production

    Four Greenpeace activists have climbed the West Hercules drilling rig, located near Rypefjord village in the north of Norway, and bound to drill in the Barents Sea for Equinor. 

  • TotalEnergies embarks on high-impact exploration drilling ops offshore Namibia

    4 November 2024
    Business & Finance, Business Developments & Projects, Exploration & Production

    TotalEnergies has kicked off drilling activities at an exploration well close to previously made light oil discovery in the prolific Orange Basin off the coast of Namibia with a semi-submersible rig owned by Northern Ocean and managed by Odfjell Drilling.

  • BP approves expansion of Atlantis field, makes two oil discoveries near Na Kika platform

    8 January 2019
    Project & Tenders

    BP has approved a major expansion at the Atlantis field in the U.S. Gulf of Mexico and has also identified significant additional oil resources that could create further development opportunities around the production hubs it operates in the region.

  • Climate policies should focus on demand as falling costs make new oil cheaper to produce, Rystad says

    17 November 2021
    Business & Finance, Business Developments & Projects, Exploration & Production, Market Outlooks

    An analysis of the annual cost of supply by Rystad Energy has revealed that costs within the upstream sector have come down considerably in 2021.