Fossil Energy
Sanctions freeze ExxonMobil’s Arctic drilling operations
ExxonMobil has confirmed it will stop its drilling operations in the Kara Sea, offshore Russia, to comply with the sanctions imposed against Russia by the U.S. Treasury Department.
Total acquires Faroe Petroleum’s Glenlivet field stake
Faroe Petroleum has its sold ten percent interest in the undeveloped West of Shetland Glenlivet gas field to Total E&P UK Limited.
Most popular articles of the week, September 15 – 21, 2014
Death on FSO, Jobs slashed in Norway, Oil discovery in Angola, Scotland votes No, No crocs on choppers, NCS rig overcapacity, Exxon drilling halt in Russia, Qataris swoop for Keppel rig…
Director leaves Seadrill to focus on Golar LNG
Seadrill Limited, a Norwegian offshore drilling contractor, has announced today that Tor Olav Trøim has decided not to stand for re-election to the Board of Directors in order to focus his efforts on developing Golar LNG. The Board thanked Trøim “for his many years of service and role in developing
Chevron unloads Dutch assets
Chevron, a U.S.-based oil giant, has announced today that it will divest its interest in its Dutch North Sea assets. The company’s subsidiary, Chevron Netherlands Holdings B.V. has entered into a share sale agreement to sell its shares in Chevron Exploration and Production Netherlands B.V., includin
Statoil finds gas traces in Pingvin well off Norway
North Energy has informed that as a partner in production licence 713, in the Barents Sea, offshore Norway, the company is completing the drilling of the Pingvin prospect in exploration well 7319/12-1. The well has identified gas in a sandstone reservoir. Extensive data has been acquired from the we
RWE Dea: No go for Zidane
The Plan for Development and Operation (PDO) for the Zidane development offshore Norway will not be submitted to the authorities in October as planned.
Report: Exxon, Rosneft halt Kara Sea drilling
ExxonMobil and Rosneft have reportedly put drilling operations in the Kara Sea, off the Russian north coast, to a halt. According to Bloomberg, which cited sources familiar to the matter, the companies have stopped drilling at the Universitetskaya-1, the Russian Federation’s northernmost well, in th
IAGC elects new President
After a three-month long search process, the International Association of Geophysical Contractors (IAGC) Board of Directors has announced that Ken Wells has been named as the organization’s president.
EMGS hired for more work in Norwegian Sea
EMGS has landed another survey contract in the Norwegian Sea.
Sanctions will not affect Dolphin’s seismic ops in Kara Sea
Dolphin Group ASA has received confirmation from the Export Control Division of the Norwegian Foreign Department that the recently announced contract in the Kara Sea is not subject to the current trade restrictive measures against Russia. Atle Jacobsen, Dolphin CEO, quoted: “Dolphin is extremely app
Scotland votes NO. Stays part of UK
Scottish voters have decided against the independence from the union with England, Wales and Northern Ireland. To the question “Should Scotland be an independent country?”about 55 per cent voters of the oil rich country voted NO, with 45 per cent saying Yes. Alistair Darling MP, Chair of the pro-uni
Newbuild PSV ‘Sea Triumph’ delivered to Deep Sea Supply
Deep Sea Supply, a Cyprus-headquartered owner of offshore support vessels, has announced that on Thursday 18 September the company took delivery of the newbuilding Platform Supply Vessel (PSV) ‘Sea Triumph’. The vessel ‘Sea Triumph’ is a STX 05-L design built at Cochin shipyard in India. Main charac
Denmark hopes to boost oil production with new research centre
With the opening of the Danish Hydrocarbon Research and Technology Centre at the Technical University of Denmark (DTU), Denmark is bringing together and developing new technology and knowledge with a view to boosting the extraction of North Sea oil. At the same time, the new facility will pave the w