Fossil Energy
EMGS in Barents Sea data sale
Electromagnetic Geoservices ASA (EMGS) has entered into a data licensing agreement with an oil company for the provision of 3D EM data related to the 23(rd) licensing round in the Barents Sea. The company says that the agreement is worth $2.5 million, before potential adjustment for partner’s share
Six new licences for VNG Norge (Norway)
VNG Norge has been awarded six new licences as part of the APA 2014 – Awards in Pre-Defined Areas. Norway’s Ministry of Petroleum and Energy announced the awards of APA 2014 on January 21, 2015. A total of 54 new licences were announced in three areas – The North Sea (34), The Norwegian Sea (16) [&h
Glacier Energy is hiring (UK)
As the oilfield services companies across the world have been forced to lay off workers due to oil majors cutting capital investments amid falling oil prices, any news on new job openings in the sector is welcome. Glacier Energy Services has said it needs workforce for its heat exchanger business ba
Shell to cut spending by $15B over three years
Royal Dutch Shell has today said its capital expenditure in 2015 will be lower than that in 2014. The company has said it plans to reduce more than $15 billion of potential spending over the next three years. The company’s CEO Ben van Beurden said that Shell has options to further reduce spending, b
Repsol elects new independent director
The Repsol Board of Directors, which met yesterday (January 28) in Houston (USA), has agreed the appointment of J. Robinson West as independent director of the company. Following his appointment, the Board has also agreed to appoint him as a member of the Delegate Committee. According to Repsol, J.
Wintershall to use Vega facilities
The Petroleum Safety Authority (PSA) Norway has given Wintershall Norge AS consent to use the facilities on the Vega field in connection with the company’s taking over of the operatorship from Statoil. A change of operator entails an application for consent to use the facilities. The PSA says that t
Lundin gets green light for Barents Sea well drilling
The Norwegian Petroleum Directorate (NPD) has granted Lundin Norway AS a drilling permit for well 7220/11-2, in the production licence 609 in the Barents Sea. The well will be drilled from the Island Innovator semi-submersible drilling rig. The drilling programme for well 7220/11-2 relates to the dr
UK CAA makes progress in offshore helicopters safety
The UK Civil Aviation Authority (CAA) has published today a progress report on the recommendations and actions from its comprehensive review of offshore helicopter operations from February 2014. Between 2009 and 2013 there were five significant accidents in the UK sector, two of which tragically res
Will falling oil prices boost plug & abandonment ops?
In December, hotel occupancy rates in Aberdeen dropped 4.5% compared to the same period in 2013, according to market analysts LJ Research. It’s just one of the knock-on effects of the fall in oil prices, with other, more obvious ones being the abrupt slowdown in drilling and near-daily announcements
Gallery: Simon Møkster gets hands on new PSV
Norway’s Simon Møkster Rederi yesterday took delivery of a newly built Platform Supply Vessel. The yet-to-be-named vessel, of the Vard 01 PSV design, was delivered by Vard Aukra. Tomorrow, the vessel will set sail to Stavanger where the naming ceremony will be held. The ceremony is scheduled for Thu
Gallery: Keppel delivers new jack-up to Maersk
Maersk Drilling has taken delivery of its third ultra harsh environment jack-up, XLE-3, from the Keppel FELS shipyard in Singapore ahead of schedule. Maersk says that the rig will start its mobilization to the Norwegian North Sea in late February where she will, after arrival, start a contract of fo
Another Culzean award for Ramboll
Maersk Oil UK has awarded Ramboll Oil & Gas the detailed design for the two jackets for a central processing facility platform and a separate utilities and living quarter platform for the Culzean field, in the North Sea, offshore Aberdeen. Ramboll has said that the projects are awarded following the
Vroon takes delivery of ‘VOS Glory’
Vroon Offshore Services has earlier today, Wednesday January 28, taken delivery of VOS Glory at Fujian Shipbuilding Trading in Fuzhou, China. VOS Glory is a 60m ERRV-FSV (emergency response and rescue vessel/field-support vessel) and the second in a series of four such FSVs being built at the Shipya
New Russia-Turkey offshore pipeline route approved
Route for the new gas pipeline across the Black Sea between Russia and Turkey was approved yesterday at working meeting between Alexey Miller, Chairman of the Gazprom Management Committee and Taner Yildiz, Turkish Minister of Energy and Natural Resources held yesterday in Ankara. The four strings wi