Fossil Energy
Unmanned wellhead platform chosen for Oseberg
Statoil and its licence partners have chosen an unmanned wellhead platform as the concept for the Oseberg Future development phase I project in the Norwegian part of the North Sea. The platform will be controlled from the Oseberg field centre. The investment decision is expected next winter. Three v
Prosafe: Weaker demand for flotels in North Sea
Prosafe, the world’s largest owner of offshore accommodation rigs, known as flotels, has today reported its net profit for the fourth quarter of 2014 was $51 million. The profit was lower when compared to $59.7 million earned in the same period of 2013. Explaining the drop in profit, the company has
Vroon’s ERRV VOS Fantastic launched in China
Vroon has announced that its vessel VOS Fantastic has been launched last week at Jiangsu Islands Shipbuilding Industry Co., Ltd. in Nanjing, China. VOS Fantastic is a 50m ERRV (emergency response and rescue vessel) and part of a ten-vessel newbuilding programme, with six 50m ERRVs being built at Jia
Statoil proves Krafla area
Operator Statoil has together with PL035 partners completed a two-well programme in the Krafla area in the North Sea. Since 2011 significant new recoverable resources have been proven in the area, Statoil said in the press release. According to the Norwegian Petroleum Directorate (NPD), the 30/11-8
Allseas to rename ‘Pieter Schelte’ after all
Allseas, the Swiss-based company which found itself in the spotlight last week after unions and Jewish communities protested over the name of its ‘Pieter Schelte’ vessel, is going to rename the recently delivered giant. The vessel was named after the late father of Edward Heerema, the owner of Allse
Lund officially takes over as BG Group CEO
BG Group plc has announced that Helge Lund will join the company as Chief Executive and an Executive Director with effect from February 9, 2015. This is ahead of the previously announced start date of March 2, 2015. BG has said that Lund’s start date has been brought forward following agreement last
Atlantic Offshore Rescue elects UK managing director
Atlantic Offshore Rescue has appointed a new managing director for its UK division to lead the organisation from its Aberdeen base. Matthew Gordon joined the company at the start of the year and replaces John Bryce, who is retiring. However, the company says that Bryce will continue to be involved i
FlexTech in double contract win
Aberdeen-based flexible pipe specialist FlexTech has secured contracts worth in excess of £250,000 ($380,200). According to the company, the projects, with two oil and gas majors, will take place both on and offshore supporting operations in the UK and the North Sea. FlexTech will execute flexible p
Popular news, February 2 – 8, 2015
The ‘Pieter Schelte’ name has sparked controversy
U.S. offshore rigs claw up to 51. Onshore rigs down by 87
Baker Hughes on Friday issued it weekly rig count for U.S. and Canada.
Ophir Energy shareholders vote for Salamander takeover
Oil and gas company Ophir Energy has announced that at the general meeting held today, a majority of shareholders supported the previously announced all-share transaction by which Ophir will take over Salamander Energy. According to Ophir 78.92% voted in favor of the transaction, while 21.08% voted
Who is Norwegian Explorer of the Year?
It is not Statoil.
Crosgan appraisal well encounters gas
Sterling Resources Ltd., a Canada-headquartered oil and gas company, has announced that the Crosgan gas discovery appraisal well 42/15b-3 in the UK Southern North Sea, will be plugged. The well, operated by RWE Dea, and drilled by the Ensco 70 jack-up drilling rig, has reached a total depth of 8401
January: Offshore rig count goes down
Baker Hughes Incorporated has posted an international rig count report for January 2015 on its Investor Relations website according to which the international offshore rigs are down by 24 from last month. The international rig count for January 2015 was 1,258, down 55 from the 1,313 counted in Decem