Fossil Energy
Lundin spuds Zulu (Norway)
Petrolia’s subsidiary, Petrolia Norway AS, has announced that drilling of exploration well 26/10-1 in PL674BS, offshore Norway, has started. The well will investigate the hydrocarbon potential of the Zulu prospect in PL674BS, located 100 km west of Stavanger on the Norwegian west coast and approxima
Bourbon buys three ROVs
France’s Bourbon has expanded its fleet by three subsea ROVs, continuing its growth in offshore oil & gas subsea services. The company has commissioned 3 next-generation Heavy Duty Work ROVs (Remote Operated Vehicle) designed by FMC Technologies SchillingRobotics. Capable of operating at depths of u
UK: Police searching for offshore worker linked to sexual assault
British Transport Police has issued an appeal to trace offshore worker with links to Great Yarmouth after woman sexually assaulted in Grantham. British Transport Police (BTP) officers yesterday released images of a man they wish to speak with after a woman was sexually assaulted on a train travellin
PSA inspects BP’s Ula (Norway)
The Petroleum Safety Authority (PSA) Norway has carried out an audit of maintenance, process safety and occupational health and safety at Ula platforms, located in the North Sea. BP Norge AS (BP) is the operator on the Ula field, an oil field in block 7/12 in the southern part of the North Sea. The
Two Azonto directors resign
Azonto Petroleum has announced that the company’s Managing Director and Finance Director have resigned with immediate effect. According to the press release, a “fit for purpose” review of the company’s operating structure and costs has been carried out with the objective of maintaining the viability
Daya has until April to find cash for Siem deposit
Norway’s Siem Offshore and Malaysia’s Daya Materials Bhd. entered into an agreement in August 2014 for the sale of the two 2013-built Offshore Subsea Construction Vessels (“OSCVs”) ”Siem Daya 1” and ”Siem Daya 2” at a total price of $282 million. Daya has paid a deposit of USD 1.4 million in aggrega
Maritime Developments inks new deals
Specialist back-deck equipment provider, Maritime Developments, has won contracts worth in the region of £7m ($ 10.6 million) and broadened its product portfolio. The company, which supports subsea industry operations worldwide, has secured the first order for its portable overside vertical lay syst
Exxon, Rosneft start oil production from Arkutun-Dagi field
Exxon Mobil Corporation, and Rosneft have started oil production at the Sakhalin-1 project’s Arkutun-Dagi field
OHAS on Leiv Eiriksson needs work
The Petroleum Safety Authority (PSA) Norway has carried out an audit of groups at particular risk and emergency preparedness on Leiv Eiriksson semi-submersible drilling rig. From 10 to 13 November 2014, the PSA carried out an audit of the efforts of Ocean Rig and RWE Dea to identify and follow up gr
DW: Nail-biting period ahead for offshore drillers
Companies in the deepwater drilling market have lost more than half of their value over the last year; Transocean, Seadrill, ENSCO and Diamond are currently priced 56% lower on average compared to January 2014 in line with the decrease in oil prices, Douglas-Westwood, an energy market intelligence c
Det norske: Production kicks off at Bøyla field
Det norske oljeselskap ASA (Det norske) and partners of the PL 340 license have announced start-up of production from the Bøyla field located in the North Sea. With that, Bøyla is the fourth field in production in the Alvheim area. Total investments in the development of the Bøyla field amount to ap
Heerema starts construction of Culzean jacket
Heerema Fabrication Group and Maersk Oil on Friday, January 16, held a ceremony to mark the start of construction of the Culzean Wellhead Platform jacket. The ceremony, where the first steel plate was cut for the Culzean WHP jacket was held at Heerema Vlissingen yard in the Netherlands. Culzean is a
Scotland sets up new taskforce to support oil & gas jobs
First Minister of Scotland Nicola Sturgeon has announced that a new Energy Jobs Taskforce will be established to support Scotland’s oil and gas sector. The new Taskforce, chaired by Scottish Enterprise Chief Executive Lena Wilson, will report to the Scottish Energy Advisory Board and will focus on s
Noreco, North Energy in asset transfer off Norway
Norwegian Energy Company (Noreco) has agreed to transfer its 30 per cent ownership in PL484 in the Norwegian Sea to North Energy ASA (North). According to North Energy, PL 484 in the Norwegian Sea contains several promising prospects and the licence group is now evaluating potential for further expl