Business & Finance
The Netherlands: Chevron’s Well Gets Tight Hole Designation
Xtract Energy today announced that the P2-10 well is currently being drilled by Chevron using the Noble Byron Welliver jack-up drilling rig and is now designated as “tight hole” in order to protect their proprietary technology being used to drill the well . “Tight hole” designation means that inform
Germany: CTA Handles Its First 13,000 TEU Ship
At the weekend, a container ship with a carrying capacity of 13,000 standard containers (TEU) was handled at Hamburger Hafen und Logistik AG’s (HHLA) Container Terminal Altenwerder (CTA) for the first time. The Hyundai Together, owned by the South Korean shipping company Hyundai, will operate on Loo
New Danish Energy Agreement Makes Denmark Safe Investment
The Danish government has stepped up its green energy targets. That makes Denmark an even more obvious destination for wind energy investments, says Denmark’s Minister for Trade and Investment Pia Olsen Dyhr. She hosts an investor seminar on Monday at EWEA 2012 and will be available for a press Q/A
New Danish Energy Agreement Makes Denmark Safe Investment
The Danish government has stepped up its green energy targets. That makes Denmark an even more obvious destination for wind energy investments, says Denmark’s Minister for Trade and Investment Pia Olsen Dyhr. She hosts an investor seminar on Monday at EWEA 2012 and will be available for a press Q/A
UK: Kongsberg Conducts Underwater Noise Studies for Meygen Tidal Stream Project
A contract has been awarded to Kongsberg Maritime Ltd to conduct underwater noise studies for an offshore renewables project that could eventually lead to 400MW being installed in the Inner Sound of the Pentland Firth. The contract, awarded by MeyGen Limited, will involve Kongsberg Maritime Ltd cond
Norway: DONG Energy Puts Oselvar Field Into Production
DONG Energy will be increasing its production of oil and gas via production from the Norwegian Oselvar field. Oselvar is DONG Energy’s second development as operator in Norway. The field was put into production Saturday 14 April. “We are now the operator of two Norwegian fields. This confirms our lo
Wintershall Finds Oil in PL 418, Offshore Norway
Wintershall Norge AS, operator of production licence 418, is in the process of completing the drilling of wildcat well 35/9-7. The well has been drilled about 17 kilometres southwest of the Gjøa field in the North Sea. The purpose of the well was to prove petroleum in reservoir rock from the Upper J
PGS Orders Two Ramform Vessels from Mitsubishi, Japan
In April 2011, Petroleum Geo-Services ASA (PGS) signed two shipbuilding contracts with Mitsubishi Heavy Industries Ltd. for the delivery of two Ramform vessels in 2013, with the option for one or two additional vessels to be delivered in 2015. The parties have now agreed to extend the exercise perio
Norway: Oil Production Starts at DONG Energy’s Oselvar Field
DONG Energy will be increasing its production of oil and gas via production from the Norwegian Oselvar field. Oselvar is DONG Energy’s second development as operator in Norway. The field was put into production Saturday 14 April. “We are now the operator of two Norwegian fields. This confirms our lo
UK: Meeting of IMO’s Sub-Committee on Flag State Implementation
Together with a number of other countries, Denmark has strived to make it mandatory for member States to undergo a so-called IMO audit. This ensures that the countries implement the obligations following from the international conventions on maritime safety and protection of the marine environment.
UK: Ecosse’s SCAR 1 Completes First Trials in North Atlantic
An innovative piece of underwater technology has just completed its first trials in the North Atlantic. Ecosse Subsea Systems’ wholly owned subsea trenching system SCAR 1 has just ploughed a 20-metre wide, one kilometre stretch of seabed to the West of Shetland to remove boulders prior to umbilical
UK: Ecosse Subsea Systems’ SCAR1 Completes Trials
Ecosse Subsea Systems’ wholly owned subsea trenching system SCAR 1 has just ploughed a 20-metre wide, one kilometre stretch of seabed to the West of Shetland to remove boulders prior to umbilical and pipelay work. Following the initial call, the Ecosse Subsea Systems team was able to design modifica
UK: Total Makes Progress on Stopping Elgin Platform Leak
Total has made significant progress in the past week towards stopping the gas leak on well G4 on its Elgin platform. This included preparatory work for its planned well control operation and the drilling of both a primary and a back-up relief well. Following an initial reconnaissance mission on Apri
Denmark: TORM Reaches Temporary Standstill with Its Bank Group and Time Charter Partners
TORM and the Company’s bank group have as expected extended the deferral of installments and covenant standstill until 30 April 2012. The temporary agreement is subject to the continued progress of the negotiations towards the financing framework agreement in principle as described in announcement n