Fossil Energy
Siri oil now flows to subsea tank, not tanker
The oil from DONG Energy’s oil fields in the North Sea: Siri, Nini, Nini East, Cecilie and Stine-1, is now sent directly to the oil tank below the Siri platform. This takes place after completion of extensive repair work lasting several years.
Huntington setback for Noreco
Norwegian Energy Company ASA is facing tough times ahead as it has received information of an unplanned shut-down of Huntington field in the UK North Sea. The company has said its liquidity may be impacted.
Report: Subsea equipment demand in growth mode
Escalating energy requirements and declining reserves in existing wells are lending momentum to subsea exploration, fuelling the adoption of subsea equipment globally, Frost & Sullivan report reveals. As attractive returns and higher recovery rates position subsea exploration to challenge the near-s
Bristow Group: New contracts to generate $2.8B in revenue
Bristow Group Inc., the provider of helicopter services to the offshore energy industry, has announced that since the beginning of calendar year 2014, it has secured several renewal and new multi-year contracts for oil and gas and search and rescue operations (SAR). The announcement was made in adva
WesternGeco keeps ‘Geco Bluefin’
WesternGeco, a Schlumberger subsidiary, has exercised option to extend ‘Geco Bluefin’ charter.
Enagas joins TAP. Fluxys ups stake
Spain’s Enagás will acquire 16% of Total and E.ON’s stake in the company that is developing the Trans Adriatic Pipeline (TAP) project. Belgium’s Fluxys will buy an additional 3% share, lifting its ownership to 19%. The TAP project is part of the Southern Gas Corridor which is to supply Europe with g
Oil & Gas UK: Collaboration critical for industry’s future
Oil & Gas UK today releases its Economic Report 2014 – described as the definitive guide to the current status and future prospects of the offshore oil and gas industry in the UK – with a call to secure the long term future of the industry through greater collaboration. The report, published annuall
Statoil to use Transocean Spitsbergen on Saturn well
The Petroleum Safety Authority Norway (PSA) has granted Statoil consent for exploration drilling with the semi-submersible drilling rig Transocean Spitsbergen in the Barents Sea. The consent includes the drilling of exploration well 7227 / 10-1 in production licence 230 in the Barents Sea. The name
Ulstein designs Van Oord’s subsea rock installation vessel
Ulstein has been awarded the design and equipment contract for Van Oord’s new subsea rock installation (SRI) vessel ‘Bravenes’.
AGR to support IOG’s drilling operations
Global oil and gas service company AGR has entered into a Memorandum of Understanding (MOU) with Independent Oil & Gas PLC (IOG) to work together to deliver Well Construction & Well Project Management services in respect of IOG’s forthcoming drilling activity. AGR’s EVP UK and Africa, Ian Burdis, sa
Freudenberg Oil & Gas sets up new office in Wales
Freudenberg Oil & Gas Technologies has opened its new facility in Port Talbot, Wales. The new facility was opened on September 19, by Edwina Hart, Minister of Economy, Science and Transport, and Dr. Mohsen Sohi, Speaker of the Management Board, Freudenberg & Company. Over the next few years, the Fre
Siem Industries takes over FSG shipyard
The German Shipyard Flensburger Schiffbau-Gesellschaft (FSG) has a new owner, the Norwegian-controlled Siem Industries. Siem Industries will take over command of the shipyard, including all its employees. Peter Sierk and Frank Bywater, the two Managing Directors of FSG, welcome these recent developm
‘Leaner, better focused’ Aker Solutions starts trading on Oslo Exchange
Aker Solutions today started trading on the Oslo stock exchange as a what is says is a leaner and more streamlined company that will build on its strengths in the subsea and field design markets. The company emerges after a spin-off of the Subsea, Umbilicals, Engineering and Maintenance, Modificatio
Centrica: First well to be drilled in PL 528 B (Norway)
The Norwegian Petroleum Directorate (NPD) has granted Centrica Resources (Norge) AS a drilling permit for wellbore 6707/10-3, in the Norwegian Sea. Wellbore 6707/10-3 will be drilled from the West Navigator drillship. The drilling programme for wellbore 6707/10-3 relates to drilling of a wildcat wel