Fossil Energy
Statoil to decide on Johan Castberg by summer 2015
The partners in the Johan Castberg licence, comprising Statoil, Eni and Petoro, have decided to spend more time on making the final concept selection for the Johan Castberg project, Statoil today confirmed in a press release. “The companies will continue efforts to mature the technical development s
Hungary’s MOL buys stake in 6 North Sea blocks from Premier Oil
Hungary’s MOL Plc.has executed a Sale and Purchase Agreement with Premier Oil UK Limited to acquire shareholding interest in Central North Sea offshore assets in 6 licences.
Noreco names new CFO
Norwegian Energy Company ASA (Noreco) has appointed Tommy Sundt as Chief Financial Officer (CFO). He will join the company on 2 September 2014. Until recently and for ten years Sundt was CFO in Rocksource ASA, an exploration and production company, which is also listed on the Oslo Stock Exchange. Su
Most popular articles of the week June 23 – 29, 2014
Most popular articles of the week June 23 – 29, 2014
Scottish Enterprise signs partnership agreement with Statoil
Statoil Technology Invest and Scottish Enterprise have formed a strategic partnership to encourage small and medium-sized enterprises (SME) in Scotland to invest in R&D and technology development. Richard Erskine, head of Statoil Technology Invest, and Scottish Enterprise chief executive Lena Wilson
Seadrill Partners closes loan deal
Seadrill Partners LLC announced today that it has closed the proposed US$1.1 billion add-on senior secured term loan B announced on June 5. The add-on term loan was upsized from US$1 billion and priced at the existing rate of Libor plus 3%. The loan will be borrowed by two of the Company’s subsidiar
Saipem hires Rana for diving job in Adriatic
Italian oilfield services provider Saipem has awarded RANA a saturation diving contract for the tie-ins at the recently installed platforms Fauzia and Elettra in the Northern Adriatic Sea, Italy. The work scope includes metrology for closing tie-in spools fabrication, tie-in spools installation, ris
Aker Solutions secures Mariner field maintenance contract (UK)
Aker Solutions secured a contract from Statoil to provide maintenance and modifications services for the Mariner oilfield development in the UK North Sea.
Statoil gets nod to use Scarabeo 5 for Norwegian Sea well plugging
The Petroleum Safety Authority Norway has granted Statoil consent to use Scarabeo 5 for plugging well 6406/2-7-1 in the Norwegian Sea.
PSA audits Ivar Aasen load-bearing
From 23 to 25 April 2014, the Petroleum Safety Authority Norway (PSA) carried out an audit of Det norske’s follow-up of the Ivar Aasen project. The objective was to verify that engineering of the load-bearing structures was in compliance with applicable regulations. No non-conformities were identifi
STATS to open training centre near Aberdeen
Pipeline engineering specialist STATS Group has invested £500,000 in establishing a global training centre at its UK headquarters near Aberdeen. In response to higher demand for its patented technologies, the centre will be used to meet the group’s training and competency assessment needs for its fi
Statoil awards steel wire rope contract to Otic Equipment
Norwegian Otic Equipment AS has signed a frame agreement with Statoil for the delivery of high performance steel wire rope for uses at Statoil’s offshore cranes. The agreement starts 1st July, and is for 4 years with an option for an additional 2 x 2 years. The deliveries will be based on high perfo
MCG completes processing of Barents Sea seismic data
MultiClient Geophysical has announced that the processing of the MCG1302 data from the Barents Sea, offshore Norway, has been finalized. The survey covers license PL720, awarded in the 22nd Concession Round, and open acreage in the Stappen High area in the western part of the Barents Sea. Geological
SAFE accepts wages deal. No strike offshore
SAFE, Norwegian Union of Energy Workers, yesterday accepted the offshore workers’ wages deal proposed by the National Mediator, thus averting a possible strike of offshore workers on the Norwegian Continental Shelf. “We are pleased that the Norwegian Union of Energy Workers (Safe) has chosen to acce