Today, 18 January, offers were sent to 39 companies for 50 new production licences on the Norwegian continental shelf. The offers were submitted after the authorities had evaluated applications from 41 companies in the Awards in Pre-defined Areas (APA) 2010. Of the 50 production licences, 31 are loc
Fluxys and Statoil will examine the options for Statoil to book long-term storage capacity at Fluxys’ underground storage site in Loenhout. The two companies have signed a Memorandum of Understanding to that effect during the current Belgian trade mission in Norway. The Belgian and Norwegian governm
Production remained shut down on four of the largest oil installations in the North Sea yesterday after a heavy protective fender fell … By Frank Urquhart (BusinessScottsman) [mappress] Source: BusinessScottsman, January 18, 2011;
Transocean Ltd. yesterday announced it has appointed Nick Deeming as Senior Vice President, General Counsel and Assistant Corporate Secretary of the company effective at his start of employment, which is expected to begin on February 7, 2011. Eric B. Brown, currently in that role, will transition to
Noble Corporation announced that a subsidiary has signed a Letter of Intent (“LOI”) with a subsidiary of Royal Dutch Shell plc for a new five and one-half year drilling contract on a newbuild ultra-deepwater drillship that is expected to commence in the second half of 2013. The companies have agreed
P&O Maritime Services has acquired a 50% shareholding in a UK incorporated joint venture with the School of Ocean Sciences at Bangor University. Through this venture, known as P&O Maritime Ocean Sciences (POMOS), P&O Maritime Services has joint ownership of the Research Vessel Prince Madog and will
On Friday,January 14, SOCAR President Mr. Rovnag Abdullayev received the delegation led by Mr. Rune Bjørnson, Executive Vice President of Statoil on natural gas. Saluting the guests, Mr. Abdullayev congratulated them on occasion of the Christmas and New Year, and expressed his best wishes. SOCAR Pre
Ship Equip and Varada Marine has signed a contract to install SEVSAT on their whole fleet off Offshore Supply Vessels. Varada Marine who has its head office in Kristiansand, Norway has announced plans to become “one of the largest offshore support vessel companies in the world”, and has under way an
Alexey Miller(Photo), Chairman of the Gazprom’s Management Committee and Tetsuhiro Hosono, Director General of the Agency for Natural Resources and Energy under the Japanese Ministry of Economy, Trade and Industry signed an Agreement of Cooperation. The Agreement envisages preparation of a joint fea
BP Norge AS has exercised two three-month options for the continued use of the MSV Regalia and thereafter Safe Scandinavia (image) at the Valhall offshore facility in the Norwegian sector of the North Sea. The first three months commencing in July 2011 using the MSV Regalia will be in direct continu
Farstad Shipping ASA has, on behalf of wholly owned subsidiaries, been awarded the following charter contracts: PSV Far Symphony(image) (2003, P105, 4.929 DWT) has been awarded a six (6) years firm contract by ConocoPhillips Skandinavia AS for support of their operation in the North Sea. Commencemen
Today, Monday 17 January, Statoil kicks off a marketing campaign arguing for natural gas to be part of Europe’s energy mix for the long term. It also marks that Statoil has been a reliable gas supplier to Europe for over 30 years based on its production from the Norwegian Continental Shelf. “Natural
The Norwegian Petroleum Directorate (NPD) has signed a framework agreement with the Greenland Bureau of Minerals and Petroleum (BMP) for the exchange of information regarding resource management in the two countries. The agreement was signed by the Director of the BMP, Jørn Skov Nilsen, and Director
BP and Rosneft announced that they have agreed a groundbreaking strategic global alliance. Rosneft and BP have agreed to explore and develop three license blocks – EPNZ 1,2,3 – on the Russian Arctic continental shelf. These licences were awarded to Rosneft in 2010 and cover approximately 125,000 squ