Fossil Energy
Ex BG exec new TAP boss
Trans Adriatic Pipeline AG (TAP) has confirmed the appointment of Ian Bradshaw as its new Managing Director starting on February 1, 2015 in Baar, Switzerland. Kjetil Tungland will return to Norway after having headed the joint venture project for over four and half years and having completed his Sta
Photo: ‘VOS Glamour’ leaves China
Vroon, an international provider of offshore support vessels to the oil and gas industry, has said its latest emergency response and rescue vessel/field-support vessel is now en route to UK, after having been constructed in China. The vessel VOS Glamour yesterday left Fujian South East Shipyard (FSE
Turkish Cypriots: ‘Barbaros Hayreddin Paşa’ here to stay
The government of the Northern Cyprus, a self-declared state run by Turkish Cypriots, has announced that the Turkish vessel Barbaros Hayreddin Paşa will continue to shoot seismic beams in Cypriot waters, despite objections from the official government. The Turkish Cypriots’ foreign ministry said thi
Maersk to train Transocean’s offshore crew
Starting this month Maersk Training will enter into a global training agreement with an international offshore drilling contractor Transocean. The Danish-based Maersk Training will be responsible for administration of all and delivery of certain training for Transocean’s offshore crew for a period o
BP allowed Valhall facilities life extension
BP has received consent from the Petroleum Safety Authority (PSA) Norway to use the Valhall DP and PCP facilities beyond their original lifetimes. BP Norge AS (BP) has applied for consent to use the QP, DP and PCP facilities on the Valhall field, in the North Sea, beyond their originally scheduled l
Maersk spuds Tvillingen South well
North Energy ASA has informed that exploration drilling has started on the Tvillingen South prospect in production licence 510 in the Norwegian Sea. The prospect is located on the Haltenbanken in the Norwegian Sea, approximately 28 km southeast of the Kristin field. The well, 6406/6-4, will be drill
Lundin cuts 2015 expenditure
Swedish oil company Lundin Petroleum AB has announced its 2015 development, appraisal and exploration budget which totals $1.45 billion and represents a 31% decrease on forecast 2014 capital expenditure. The 2015 expenditure on development projects is budgeted at $980 million which represents a 30 p
Moody’s: Challenging year ahead on stubbornly low oil price
The global oil and gas industry is entering a challenging 2015 based on stubbornly low oil prices, Moody’s Investors Service says in a new report. Moody’s says that among players exploration and production (E&P) companies will be hit first, while oilfield services (OFS) and midstream energy operat
Cyprus president: No peace talks with Turkish vessels in our waters
Nicos Anastasiades, the president of Cyprus has said he will not take part in any negotiations with Turkey, as long as Turkey violates sovereign rights of Cyprus. He was referring to the Turkish seismic vessel, Barbaros Hayreddin Pasa conducting surveys in Cypriot waters. To remind, Anastasiades in
Talisman Sinopec terminates ‘Archer Emerald’ contract (UK)
Archer, a global supplier of drilling and well services, has received a thirty-day notice of early termination from Talisman Sinopec Energy UK Limited of its modular rig contract for the Archer Emerald. The effective date of termination is expected as the 29 of January 2015. The original two-year co
Lundin receives nod for Gemini drilling
Lundin has received consent from the Petroleum Safety Authority (PSA) Norway to carry out exploration drilling of well 16/1-24, in a prospect named Gemini, in the North Sea. The well is located in the production licence PL 338 in block 16/1 in the central North Sea, where Lundin Norway AS (Lundin) i
Lundin bites dust in Kopervik wildcat (Norway)
Lundin Petroleum’s subsidiary Lundin Norway has completed the drilling of wildcat well 25/10-12S, located in the North Sea. The well is dry. The well investigated the hydrocarbon potential of the Kopervik prospect in PL625, which is located 175 km west of Haugesund on the Norwegian west coast and ap
UK: Samuel starts Oil and Gas Authority CEO role
Andy Samuel has officially begun his new role of Chief Executive of the UK Oil and Gas Authority (OGA), based in Aberdeen. The establishment of the OGA was an integral part of the recommendations made by Sir Ian Wood as part of the review into maximising the UK’s offshore oil and gas resources. The
AGR to support Edison Norge in NCS drilling
AGR has been awarded the Well Management Services Contract with Edison Norge AS. AGR will support Edison across its operating licences, including its first exploration well on the Norwegian Continental Shelf (NCS). The company will deliver services relating to well construction, operational support,