Fossil Energy
Antrim: Skellig could hold 1.1 billion barrels of oil equivalent
Antrim Energy Inc., an international oil and gas exploration company, has announced the results of a prospective resources report for the Company’s interests in Frontier Exploration Licence 1/13 (“FEL 1/13”) which includes blocks 44/4, 44/5 (part), 44/9, 44/10, 44/14 and 44/15 (collectively the “Ske
Subsea 7 invests in Leith spoolbase
Global specialist in seabed-to-surface engineering and construction, Subsea 7, has strengthened its already strong pipeline fabrication and installation capabilities in the North Sea market, with the opening of its new, bespoke spoolbase facility, at the Port of Leith, Edinburgh (owned by Forth Port
Statoil Installs Valemon
On Monday 28 July the topsides were lifted into place on the steel jacket on the Valemon field in the North Sea. Produced by Samsung Heavy Industries this is the first Statoil topsides built in South Korea. The structure sailed from the yard on 15 June this year, and after a quick stop in Åmøyfjorde
Seatronics, Digital Edge Subsea team up
Seatronics, an Acteon company, has signed a worldwide contract with Digital Edge Subsea Ltd for Digital Edge Subsea’s complete range of digital video inspection systems.
Norwegian Electric Systems clinches GMS supply deal
Norwegian Electric Systems has won the contract to supply a Gulf Marine Services’ S-Class jack up barge with a Diesel Electric propulsion system and Automation package. The full package includes diesel engines, generators, switchboards, transformers, thruster motors, variable frequency drives and a
Galp profit falls
Portugal’s energy company Galp Energia today reported its second quarter 2014 EBITDA of €271 m, down 11% YoY due to weak international refining environment and Sines refinery maintenance. The company’s net profit also experienced a plunge. In the exploration and appraisal activities segment, Galp
Valemon topside reaches Norway after 11.500-mile journey (VIDEO)
The topside to be installed at the Statoil-operated Valemon field in the Norwegian North Sea, has reached Norway after a long journey from the Far East.
Solan oil tank arrives in Lerwick
A large steel oil storage tank to be installed west of Shetland as part of Premier’s development of the Solan field has arrived in Lerwick onboard a heavy-transport vessel Xiang Yun Kou, to make use of the port’s deep-water quays and anchorage. The vessel is berthed at Holmsgarth 5 and local enginee
Premier Oil names Finance Director
Premier Oil, the UK-based independent oil and gas company, has announced that Richard Rose will join Premier’s Board as Finance Director on 8 September 2014. Rose is qualified as a chartered accountant with Ernst & Young and has spent over 20 years within the energy sector including 13 years working
Rosneft to carry out seismic survey in Kara Sea
Rosneft has reported that on July 24, 2014 research vessel Geolog Dmitry Nalivkin sailed from Kirkenes (Norway) to the Kara Sea. In the next three months 2D seismic survey will be carried out in the three Vostochno-Prinovozemelsky licenses. The field work will be conducted in the surface area that t
Most popular articles of the week, July 21 – 27, 2014
FMC Technologies in JIP with four O&G majors to develop new generation subsea equipment FMC Technologies, Inc. has signed an agreement which establishes a joint industry program that includes Anadarko Petroleum Corporation, BP, ConocoPhillips and Shell for the purpose of jointly developing a new gen
Statoil to plug Gullfaks Sør well with Deepsea Atlantic
Statoil has received consent from Petroleum Safety Authority Norway (PSA) to use Deepsea Atlantic semi-submersible drilling rig for permanent plugging of well 34/10-52A/B at Gullfaks Sør. Gullfaks Sør lies in blocks 34/10 and 33/12 in the northern part of the North Sea. The field has been developed
JDR to open offshore engineering tech centre in Cambridge
JDR, a provider of technology connecting the global offshore energy industry, is opening a new offshore engineering technology centre in Cambridge. Building out from JDR’s global HQ in North Cambridgeshire, the new centre will put JDR at the heart of Cambridge’s growing oil and gas innovation commun
Rosneft net income increased by 5 times
Rosneft, a leader of Russia’s petroleum industry and the world’s largest publicly traded petroleum company, has published interim consolidated financial statements for 2Q14. In 1H14, the Company continued to demonstrate strong financial results due to stable hydrocarbon production levels, successful