Fossil Energy
Odfjell Drilling to move into new facilities in Bergen
Odfjell Drilling AS, a subsidiary of Odfjell Drilling Ltd., has entered into a lease agreement for new office facilities with Kokstad Næringspark AS. The lease will run for 15 years from 2016 to 2030, after which Odfjell Drilling AS has two periods of 5 years renewal options based on market price. K
Energean, MOG submit bid for exploration offshore Montenegro
Energean Oil & Gas SA and Mediterranean Oil & Gas Plc (MOG) have jointly submitted a bid for the exploration and production of hydrocarbons in offshore areas 4118/05, 4218/30 and 4118/10 in Montenegro. If successful, Energean will act as the Operator with 60% working interest, while MOG would have a
Det norske presents companies ISO certified by DNV GL
For five years, Det norske oljeselskap ASA has contributed to measures aimed at qualifying the North Norwegian supplier industry for assignments in the oil industry. Now, four new companies have been ISO certified by DNV GL. Mercur Solutions AS, SMV Hydraulic AS, Harstad Mekaniske AS and Harstad Ele
DOF Subsea: Best first quarter ever
DOF Subsea has announced it had its best 1st quarter ever with a total operating income of NOK 1 451 million compared to NOK 1 156 million in the 1st quarter 2013. The profit for the 1st quarter 2014 amounted to NOK 402 million compared to a loss of NOK 75 million in 1Q 2013. The EBITDA was NOK [&he
North Energy to spud its first well as operator in 2015?
Norwegian explorer North Energy is looking forward to participating in several wells over the coming year, and is also working for a possible drilling project as operator during 2015.
Decom Offshore 2014: Realising opportunities for all
With a projected £40.6bn spend over the next 25 years in the UKCS alone, and a significant potential for jobs to be sustained or created, decommissioning is understandably high on the agenda across the oil and gas industry.
Statoil: Rising costs on NCS in focus at energy seminar in Bergen
Statoil’s executive vice president for Development and Production Norway, Arne Sigve Nylund, together with Margareth Øvrum, executive vice president for Technology, Projects and Drilling, presented Statoil’s views on what it takes to achieve profitable production from the Norwegian Continental Shelf
Centrica to extend Chestnut field life with new FPSO deal
New FPSO contract between Centrica and Teekay is expected to prolong the life of the Chestnut field in the UK sector of the North Sea. Atlantic Petroleum UK Limited, a partner in the field, today revealed that Centrica Energy on behalf of the Chestnut joint venture (Licence P.354) has entered into a
Xodus and TNO to coordinate pioneering industry project
International energy consultancy Xodus Group and Dutch innovation company TNO will co-ordinate a Joint Industry Programme (JIP) of multiphase flow induced vibration in the integrity of offshore piping systems. Xodus Group and TNO will co-ordinate key industry players BP, Shell, Statoil, Total, Lundi
DOF Subsea secures work for $80M
DOF Subsea AS, a subsidiary of DOF ASA, has been awarded several contracts, with a total value of approximately NOK 475 million ($80 million). In the Asia Pacific region, DOF Subsea has been awarded several contracts including IMR services and subsea installation work. The contract awards will secur
Registration live for Offshore Energy Exhibition & Conference and OWIM 2014
Preparations for the 7th Offshore Energy Exhibition & Conference are well underway. On 28 & 29 October 2014 Amsterdam will again be the place to meet the international offshore community. With visitors from over 60 different countries and a proven track record of steady growth since its foundation
Dana becomes operator in 12/06 licence (Denmark)
Dana Petroleum has now acquired 40 per cent equity in the Danish 12/06 licence from PA Resources and will assume operatorship from 1 June. PA Resources retains a 24 percent interest in the licence. Following on from the transfer of operatorship, Dana plans to drill an appraisal well on the Lille Joh
Teekay Offshore pens LOI to buy Logitel
Teekay Offshore today said it entered into a letter of intent to acquire Logitel Offshore Holdings Ltd. (Logitel), a Norway -based company focused on the high-end floating accommodation market. Logitel owns two floating accommodation units, which are based on the Sevan Marine ASA (Sevan) cylindrical
Ocean Installer hires Grand Canyon for UK ops
Ocean Installer has signed a short term charter for the OCV/ROV Grand Canyon in order to meet project requirements. Due to an increasing order book Ocean Installer is experiencing high utilisation of its current fleet and recognises the need for increased vessel capacity in the UK. “We have seen the