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Business & Finance

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Norway: Statoil Awards Aibel $25 Million Contract for Gullfaks C Works
Business & Finance

Norway: Statoil Awards Aibel $25 Million Contract for Gullfaks C Works

Statoil has awarded Aibel a contract for modifications on the Gullfaks C platform. The modifications are to be undertaken in order to connect the Pan/Pandora satellite field to the processing facilities on Gullfaks C. This is the first of a number of fast-track projects that Statoil plans to underta

about 16 years ago
Tycoon Donald Trump to Fight Planned Offshore Windfarm in Aberdeen Bay (UK)
Business & Finance

Tycoon Donald Trump to Fight Planned Offshore Windfarm in Aberdeen Bay (UK)

TYCOON Donald Trump today slammed plans for a windfarm in Aberdeen Bay which he fears will ruin views from his £750 million Balmedie golf… By David Ewen (eveningexpress) [mappress] Source: eveningexpress, December 08, 2010

about 16 years ago
Offshore Wind Cost in the UK
Business & Finance

Offshore Wind Cost in the UK

The costs of offshore wind have been rising, due in part to the rising cost of energy, which has pushed up the costs of materials like steel By Dave Elliott (environmentalresearchweb) [mappress] Source: environmentalresearchweb, December 08, 2010

about 16 years ago
Lundin Gets Drilling Permit for wellbore 16/1-15, Offshore Norway
Business & Finance

Lundin Gets Drilling Permit for wellbore 16/1-15, Offshore Norway

The Norwegian Petroleum Directorate (NPD) has granted Lundin Norway AS a drilling permit for wellbore 16/1-15, cf. Section 8 of the Resource Management Regulations. Wellbore 16/1-15 will be drilled from the Bredford Dolphin drilling facility at position 58° 52’ 24” North 02° 15’ 41” East after the r

about 16 years ago
Greece: GSP Saturn Starts Drilling Campaign in Prinos and Epsilon Fields
Business & Finance

Greece: GSP Saturn Starts Drilling Campaign in Prinos and Epsilon Fields

GSP Saturn entered under a new contract with Energean Oil & Gas S.A., the only operator of Oil and Gas in Greece. Energean is operating the development of Prinos and South Kavala areas, where it holds a 100% interest. The mobile offshore drilling unit has successfully reached the drilling location,

about 16 years ago
UK: Aquatic’s New 50-tonne Tensioner – Already in Service
Business & Finance

UK: Aquatic’s New 50-tonne Tensioner – Already in Service

Aquatic, an Acteon company and a leading independent operator of powered-reel and tensioner systems for the global oil and gas industry, announced that it has added a new 50-tonne tensioner, the AQTT-10C-50, to its extensive range of equipment which has already begun operations. This project, anothe

about 16 years ago
RWE Dea Strikes Oil Near the Gjoa Field in the Norwegian North Sea
Business & Finance

RWE Dea Strikes Oil Near the Gjoa Field in the Norwegian North Sea

RWE Dea Norge AS, operator of production licence 420, is in the process of completing the drilling of wildcat well 35/9-6 S. The well has been drilled about 16 km west of the Gjøa field. The primary exploration target for the well was to prove petroleum in reservoir rocks from the Middle Jurassic (t

about 16 years ago
Norway: Integrated Bridge System for Skandi Aker Vessel
Business & Finance

Norway: Integrated Bridge System for Skandi Aker Vessel

Declared Norway’s Ship of the Year 2010 by Rikke Linde, Minister for Trade & Industry, at the recent SMM trade show in Hamburg last September, DOFCON ASA’s subsea service vessel, Skandi Aker, features a SAM Electronics’ NACOS 35-5 integrated navigation command system supplied by SAM’s associate L-3

about 16 years ago
Offshore Supergrid: Vital Memorandum Signed Today (UK)
Business & Finance

Offshore Supergrid: Vital Memorandum Signed Today (UK)

RenewableUK, the UK’s leading renewable energy trade association, has welcomed the signing of the Memorandum of Understanding by ten European ministers from countries bordering the North Sea. The Memorandum covers an agreement to develop an offshore electricity grid enabling interconnection between

about 16 years ago
Lundin Spuds Norall Well Offshore Norway
Business & Finance

Lundin Spuds Norall Well Offshore Norway

Lundin Petroleum AB (Lundin Petroleum) announces that drilling of exploration well 16/7-9 on the Norall prospect has commenced. The well is located in licence PL409 in the Norwegian North Sea. PL409 is located east of the Sleipner East Field in Block 16/7 in the North Sea. The well will target the J

about 16 years ago
Norway: Havyard Delivers New PSV to Global Offshore Services
Business & Finance

Norway: Havyard Delivers New PSV to Global Offshore Services

On Wednesday 1st December 2010 a Havyard 832 L SE platform supply vessel was delivered in Bergen to Global Offshore Services B.V., a 100 % subsidiary of Garware Offshore Services Ltd. Newbuild no.105 by Havyard Leirvik AS shipyard is named Beaucephalus. Godmother at the naming ceremony was Shefali B

about 16 years ago
Faroe Petroleum Announces Farm-out of Fulla Exploration Well, West of Shetlands
Business & Finance

Faroe Petroleum Announces Farm-out of Fulla Exploration Well, West of Shetlands

Faroe Petroleum plc, the independent oil and gas company focusing principally on exploration, appraisal and production opportunities in the Atlantic margin, the North Sea and Norway, announced the farm-out to Canadian Overseas Petroleum Limited (“COPL”), of West of Shetland licence P.1161 and the as

about 16 years ago
Petrofac Acquires Interest in UK Gas Storage Company
Business & Finance

Petrofac Acquires Interest in UK Gas Storage Company

Petrofac, the international oil & gas facilities service provider, announces that it has acquired a 20% interest in Gateway Storage Company Limited (Gateway), to progress and develop the Gateway Gas Storage project in the East Irish Sea. The cash consideration could be up to £33 million over time, f

about 16 years ago
Valiant Hits Dust off UK
Business & Finance

Valiant Hits Dust off UK

Valiant Petroleum plc (“Valiant”) announces that its Don Southwest ‘H’ Panel exploration well (211/18a-28) has reached total depth of around 11,150 feet (3,400 metres). The well encountered a Brent sand formation with low oil saturations, indicative of a residual oil column which has been breached.

about 16 years ago
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