Fossil Energy
Kvitvola duster for Det norske
Det norske oljeselskap ASA, as operator of production license 553, has completed the drilling of wildcat well 34/7-36 S T2, offshore Norway. The well was drilled on the Kvitvola prospect about 5 km west of the Visund Field by the Borgland Dolphin semi-submersible drilling rig. The purpose of the wel
Total completes location preparation for ‘Prospector 1’
Prospector Offshore Drilling S.A. has announced that Total E&P UK Limited and ELF Exploration UK Limited has completed the preparation of the location for Prospector 1 drilling rig. Therefore, as of 5 September 2014 the rig is being compensated per its original contract at the mobilization rate. In
PGS cuts fleet to reduce cost and capex
Petroleum Geo-Services ASA announced today that it has implemented further steps to streamline operations, reduce cost and capital expenditures (“CAPEX”), and improve cash flow.
New EU sanctions for Russian oil firms. We will respond ‘asymmetrically’, Russian PM says
The European Union is preparing another package of sanctions against Russia. According to reports, the EU will target Russia’s oil companies Rosneft, Gazpromneft and Transneft. According to the Wall Street Journal, the new measures to be brought due to Russia’s role in the Ukraine crisis, will pre
Workplace discrimination in Oil & Gas industry?
The Society of Petroleum Engineers (SPE) will host a world-first event next month which will highlight workplace discriminatory issues within the oil and gas industry.
Hansa wraps up 3D shoot off The Netherlands
Hansa Hydrocarbons Limited (Hansa) has announced that it has successfully completed its large 3D seismic survey across the 4Quads licence blocks G18, H16, M3 and N1, offshore Netherlands. The survey covered approximately 965 square km and was located 40 km to the north of the Wadden Islands in the D
Stril Luna: First vessel with Rolls-Royce’s Unified Bridge
Stril Luna is the first vessel to enter operation with Rolls-Royce’s Unified Bridge and has now arrived in Norway to begin a long- term contract with Statoil.
Rosneft, PetroVietnam in Pechora Sea JV
Rosneft and PetroVietnam Oil and Gas Group have reached an agreement to create joint ventures for work at two blocks of the Pechora Sea shelf. Rosneft share in the JV will amount to 66.67%, and PetroVietnam will get 33.33%. The agreements were reached within the Agreement on general cooperation for
PSA: All NCS drilling contractors audited
The Petroleum Safety Authority Norway has carried out an audit in the form of competence mapping in the drilling domain, directed at all drilling contractors.
Most popular articles of the week, September 1 – 7, 2014
Top ten jobs in O&G, All N. Sea choppers have EBS, Jasper rig woes, North Sea fatality, African hotspots, largest jack-up in the world, BP’s Macondo verdict
Atkins to provide structural integrity management services to Talisman Sinopec
Atkins has been awarded a five-year contract for the provision of structural integrity management services under a new framework agreement with oil and gas operator, Talisman Sinopec Energy UK Limited (TSEUK). In line with TSEUK’s operational strategy to drive greater efficiency, the five-year contr
Huntington field resumes production
Huntington offshore oilfield in the UK North Sea has resumed production. Noreco has announced that the replacement of equipment on board the Voyageur Spirit FPSO, was completed yesterday. The field, operated by E.ON is now back in production and is currently producing at a rate between 5 000-6 000 b
PSV ‘Mamola Reliance’ launched in Romania (VIDEO)
Damen Shipyards Galati in Romania yesterday launched the Mamola Reliance Platform Supply Vessel. This is the 23rd vessel launched by the shipyard this year. The vessel of Damen’s PSV 3300 design, will be delivered to Promar Shipping, a Swiss-based company. With a length of 80 meters, width of 16.20
UK oil firm hires NAO vessels
Nordic American Offshore Ltd (NAO) has entered into two new contracts with a major oil-company in the UK for one year with a one year option. This will secure employment for two of the company’s vessels up to the end of 2015. NAO has been in operation since the end of 2013. Nordic American Offshor