Fossil Energy
Statoil gets green light for Saturn well
The Norwegian Petroleum Directorate has granted Statoil Petroleum AS a drilling permit for well 7227/10-1, in the production licence 230, in the Barents Sea. The 7227/10-1 wildcat well will be drilled from the Transocean Spitsbergen semi-submersible drilling rig. The name of the prospect is “Saturn”
Barge Master system on Wagenborg’s Walk-to-Work vessel
Barge Master is nearing the completion of the construction of the first BM-T40 system. On the 14th of October the Barge Master motion compensated knuckle boom crane pedestal was installed on the new Wagenborg Walk-to-Work vessel, designed and built by Royal Niestern Sander. The vessel and Barge Mast
ROVOP invests in new HQ
Subsea specialist ROVOP has revealed that it is investing more than £4 million in a new purpose-built headquarters (HQ) including training facilities, a full ROV underwater test facility and an internal 40-tonne overhead crane. The new facility at Aberdeenshire’s Westhill area – known as the subsea
Heerema to build Culzean jacket
Maersk Oil North Sea UK Limited, operator of the Culzean development in the North Sea, has awarded a contract for the engineering, procurement and construction (EPC) of the project’s well head platform (WHP) jacket to Heerema Hartlepool Limited. Heerema will build the WHP jacket and piles, the well
Report: Benefits of Cygnus project felt accross UK
A new report published 15 October has revealed the full extent of the economic benefits being generated by the Cygnus gas project – the UK’s largest Southern Gas field discovery in the past 25 years. The report by leading economics consultancy Oxford Economics has highlighted how the project will ad
Det norske to use ‘Transocean Winner’ on Alvheim, Bøyla
The Petroleum Safety Authority (PSA) Norway has given Det norske oljeselskap ASA consent to use the Transocean Winner semi-submersible drilling rig for production drilling at Alvheim and Bøyla in the North Sea, offshore Norway. The background to this consent is Det norske‘s acquisition of Marathon O
CapeOmega to focus on decom works, off Norway
HitecVision, a private equity investor focused on the upstream offshore oil and gas industry, has established a new company, CapeOmega. CapeOmega has been established as a start-up E&P company focusing on late life production and decommissioning on the Norwegian Continental Shelf (NCS). After decade
Greenpeace boards Eni’s Prezioso platform (Gallery)
Activists from the Greenpeace ship Rainbow Warrior have boarded the Prezioso offshore oil platform operated by the Italian oil company ENI in the Sicilian Channel. The activists yesterday morning unfurled a 120 meter square banner depicting the Italian Prime Minister, Matteo Renzi, with a message sa
BG Group confirms Helge Lund as new CEO
UK’s BG Group has revealed Statoil’s Helge Lund as Chief Executive and as an Executive Director with effect from 2 March 2015. Lund is currently the Chief Executive Officer of Statoil, a $77 billion international energy company, operating in 36 countries. Over the past 10 years, Lund has led the tra
Statoil’s CEO Helge Lund resigns after 10 years in position
Statoil President and CEO Helge Lund has informed Statoil’s board of directors that he will resign. Helge Lund has chosen to leave Statoil to take up the position as CEO of another international oil and gas company. The board of directors has appointed Eldar Sætre as acting president and CEO of Stat
Extreme weather suspends ‘Safe Bristolia’
Prosafe, a Cyprus-based owner of offshore accommodation rigs, has informed its accommodation rig Safe Bristolia has sustained damage in a storm last week. The company has said that last week, operation of the rig was suspended due to damages sustained to lifeboats after experiencing extreme weather.
INTECSEA, OPC join forces
Oilfield Production Consultants (OPC), an independent consultancy for advice and management to the E&P sector, has formed an alliance with INTECSEA. The two companies have also signed a memorandum of understanding (MOU) that brings together the subsurface expertise of OPC and the subsea facilities,
Oil & Gas UK addressing concerns about Ebola virus
In March 2014 an outbreak of Ebola, a severe viral illness, began in Guinea, West Africa. The outbreak spread to neighbouring Liberia and Sierra Leone and has continued since then. Oil & Gas UK has published Ebola guidance note on how to respond to potential health and safety risks in the UK offshor
Flying offshore in UK? Size matters.
Step Change in Safety last week announced a size criteria for helicopter passengers travelling to and from offshore installations on the UK Continental Shelf. Do you know what size you are? No? Read on. The criteria came in response to the size restrictions laid out by the Civil Aviation Authority (