Fossil Energy
Statoil: Green light from NPD for Norwegian Sea well
The Norwegian Petroleum Directorate (NPD) has granted Statoil Petroleum AS a drilling permit for well 6706/12-3, in the Norwegian Sea. Well 6706/12-3 will be drilled from the Transocean Spitsbergen drilling rig after completing the drilling of wildcat well 6706/12- 2 for Statoil Petroleum AS in prod
Providence extends Silverback prospect (Ireland)
Providence Resources has applied for a 12-month extension to Licensing Option (LO) 13/04 which is located in the South Celtic Sea Basin, c. 125 km off the south coast of Ireland. LO 13/04 is situated in c. 100 metre water depth and is operated by Providence (100%). The company has applied for an ext
2015 Offshore Achievement Awards winners
The offshore energy industry’s companies were recognised last night, Thursday, March 12, at the 2015 Offshore Achievement Awards (OAA), with Gordon Ballard, chairman of Schlumberger UK, receiving the Significant Achievement accolade. Great Large Company and Great Small Company were awarded to Proser
EMGS in Barents Sea 3D EM data sale
Electromagnetic Geoservices ASA (EMGS) has entered into a data licensing agreement with an oil company for the provision of 3D EM data from EMGS’ multi- client data library in the Barents Sea. EMGS did not reveal the name of the company it is entering into a data licensing agreement with, but it did
Oil & Gas UK: Action required to sustain investment in UK continental shelf
The latest in a series of meetings with political leaders, today (March 13, 2015) Oil & Gas UK met with Ruth Davidson MSP, Leader of the Scottish Conservative & Unionist Party and local candidate Alexander Burnett in Aberdeen. The leading trade association discussed the important role the offshore o
Rep. Stivers’ bill promises millions of new jobs (USA)
Congressman Steve Stivers, the U.S. Representative for Ohio’s 15th congressional district, recently re-introduced the American-Made Energy and Infrastructure Jobs Act. Stivers promises the legislation will create millions of American jobs through expanded drilling in the Outer Continental Shelf (OCS
Statoil halts Veslefrikk drilling
Statoil has informed that the licence partners have decided to temporarily halt drilling on Veslefrikk field, located in the North Sea. According to Statoil, the stoppage is due to the time that will be needed to interpret new seismic data, which can help in bringing profitable new drilling targets
PSA nods to OMV for exploration well in Barents Sea
OMV Norge AS (OMV) has received consent from the Petroleum Safety Authority (PSA) Norway to drill an exploration well 7324/8-2, located in the Barents Sea, with Leiv Eiriksson rig. OMV is the operator for production licence 537 in block 7324/8 in the Barents Sea. According to the PSA, the company is
Suncor spuds appraisal well at Beta Statfjord
Canada’s Suncor Energy, through its Norwegian subsidiary Suncor Norge, has started drilling operations at its Beta Statfjord Nord prospect, in the North Sea, offshore Norway. The appraisal well 34/4-14 S is located in the PL 375 and is being drilled by the Borgland Dolphin semi-submersible drilling
Viking scoops ‘Spotlight on Arctic Technology’ award
Viking Supply Ships has been elected as a winner of this year’s “Spotlight on Arctic Technology” award at the Arctic Technology conference in Copenhagen. During the winter of 2013, Viking Supply Ships performed Ice-trials of its Icebreaker Loke Viking-class Ice 1A AHTS. According to the company the
MCP to build ‘world’s largest 4G network at sea’ for Statoil
Statoil has chosen Maritime Communications Partner (MCP) to deploy and operate their high speed 4G-network on the Norwegian Continental Shelf (NCS). Statoil and MCP have signed a six years contract with an option to extend for another four years. With that MCP will immediately start building the wor
UKOG boosts stake in licence off Isle of Wight
UK Oil & Gas Investments (UKOG) has yesterday completed the acquisitions of interests in offshore licence P1916 (offshore Isle of Wight) and onshore licence PEDL 126 (containing the Markwells Wood oil discovery). The licence interests acquired by UKOG comprise: A 7.5% interest in P1916 from Egdon (E
Boskalis’ net profit soars
Royal Boskalis Westminster N.V., a Dutch dredging and offshore contractor, recorded a growth in its full year 2014 profit. The company’s net profit for the year was EUR 490 million, versus EUR 366 million in 2013. Revenue grew by 1 per cent to EUR 3.2 billion, compared to EUR 3.1 billion in 2014. Bo
Energy Minister challenges energy sector to continue with development (UK)
Energy Minister Matthew Hancock MP has challenged the energy sector supply chain to continue with the development of new and innovative solutions to maximise UK resources and take advantage of international opportunities. Speaking at the NOF Energy annual conference, Energy: A Balanced Future, Hanco