Fossil Energy
Lundin spuds Vollgrav South well (Norway)
Lundin Petroleum estimates the Vollgrav South prospect to have the potential to contain unrisked, gross prospective resources of 57 million barrels of oil equivalent
DW: UK set for drilling activity growth?
Offshore exploration activity on the UK Continental Shelf is slated for growth, Douglas Westwood writes in its DW Monday report titled: “A Boost for UK Offshore Drilling?” From a peak of 396 in 1996, numbers of wells drilled offshore UK fell to 164 in 2013, a low not seen since 1979, the DW report r
VSMC’s name change to VBMS part of new corporate identity
VSMC (Visser & Smit Marine Contracting) is now VBMS. This name change is a result of the strategic joint venture between VolkerWessels and Boskalis, which was formalised in 2013. VBMS is inspired by the initialisation of VolkerWessels Boskalis Marine Solutions. Besides introducing a new name, VBMS i
Most popular articles of the week, August 25 – 31, 2014
Coolest PSV in Norway, Rig order cancellation, Gloomy future for drillers, Helicopter lands on wrong rig, Can you count to 40 billion?
HSE sanctions Shell over gas leak on North Sea platform
Shell UK Limited has been sanctioned by the UK Government’s Health and Safety Executive over a gas leak on a North Sea platform that occurred in June this year. The platform on which the leakage took place is the Brent Bravo platform located in the North Sea, 116 miles north-east of Lerwick. Accordi
Bristow helicopter lands on AUK after small leak found on airframe
An offshore helicopter needed to be examined this week on a North Sea platform, off UK, after a leak was discovered on the frame of the aircraft. After media reports claiming the helicopter was forced to land on the Talisman-operated platform in the North Sea, a Bristow Helicopter spokesperson dismi
Parkmead, Faroe in talks for joint FPSO use in North Sea
Parkmead and Faroe Petroleum are in talks to jointly develop their respective discoveries in the UK North Sea using an FPSO unit.
Antrim needs more time for Fyne FDP
Antrim Energy will not be able to submit the revised development plan for the Fyne field in the UK North Sea in time. To remind, the company in late March 2013 said it would not proceed with development of the Fyne Field using an FPSO. This followed a significant escalation of expected future develo
Afren marks profit increase
Afren plc has announced its Half-yearly Results for the six months ended 30 June 2014. Profit after tax from continuing activities increased in the period to $160 million compared to $62 million earned in the same period 2013. Revenue for the period was $565 million down from $797 million in the fir
Loss widens for Bluewater
Bluewater Holdings bv, a Dutch supplier of floating production units and mooring systems to the international offshore oil and gas clients, has reported a deeper loss for the first half of 2014. The net result after tax for the six-month period ended June 30, 2014 was $67.3 million loss compared to
Bureau Veritas issues rules for diving support units
An international classification society Bureau Veritas has issued a new Rule Note covering the Classification of Diving Support Units. The Rule Note NR609 sets out requirements for vessels used for manned diving operations whether they are fitted with an air system for shallow diving or a complex sa
Norwegian continental shelf map available for download
The Norwegian Petroleum Directorate has made its new Norwegian continental shelf map available for download.
Largest jack-up rig in the world on a 12.000-mile journey
A jack-up rig, described by the owner and its builder as the largest of the type in the world has set upon a 12,345 nautical miles journey.
Magseis to shoot seismic in North Sea
Magseis has been awarded a contract by Hess Denmark ApS for seabed seismic acquisition in the southern part of the North Sea.