Fossil Energy
EMGS to start Barents Sea survey
Electromagnetic Geoservices ASA, Norwegian provider of electromagnetic (EM) technology used support oil and gas companies in their search for offshore oil, has received a new contract. EMGS says that the contract, worth NOK 10 million (USD 1.7 million), is from a repeat customer for 3D EM data acq
Total celebrates 50 years of Dutch North Sea operations
Total E&P Nederland, a subsidiary of the French oil giant Total, last month marked 50 years of operations on the Dutch continental shelf. As part of the celebration ceremony, Total welcomed journalists and other guests to its Central Control Room in the Hague. The Central Control Room is the place f
Enhanced Drilling completes Troll pilot project
Offshore technology provider Enhanced Drilling has successfully completed a landmark pilot project with Statoil. The EC-Drill ® system from Enhanced Drilling is a managed-pressure-drilling system for use off floating rigs. The pilot, conducted on the Troll Field on the Norwegian Continental Shelf, s
Gazprom: Yuzhno-Kirinskoye field reserves on the rise
On the threshold of Gazprom’s annual General Shareholders Meeting the Company’s headquarters hosted today the Press Conference “Mineral and Raw Material Base Development, Gas Production, Gas Transmission System Development”. Taking part in the Press Conference were Vitaly Markelov, Deputy Chairman o
Cygnus platform sails to offshore location
Key infrastructure for the Cygnus gas field left the Heerema Hartlepool yard yesterday as the project takes the next step towards targeted first gas in late 2015.
Premier Oil reports rise in 1Q oil production
Premier Oil, a UK-based independent oil and gas exploration and production company, today reported that in the first quarter of 2014 its oil production rose 13% compared to the same period in 2013. Production averaged 65.8 kboepd in the first quarter, Premier Oil said, revealing the full year guid
Statoil: Offshore upgrades to unlock 180 million barrels of oil
The upgrading of the Oseberg B drilling facilities in the Norwegian North Sea has been completed, and drilling from the new plant starts in June, Norwegian oil company Statoil today announced. Statoil is upgrading the drilling facilities on several installations in order to increase the fields’ valu
Total to relinquish Barents Sea block
French oil major Total will divest the PL 535 production licence following poor drilling results, a partner in the block said today. According to North Energy, which owns a stake in the licence, PL 535 (Norvarg) is set to be relinquished after results from and analyses of the appraisal well failed t
Dolphin Geo profit drops despite revenue growth
Dolphin Geophysical AS, Norwegian supplier of marine geophysical services, has reported net income of $6.2 million for the Q1 2014, compared to $8 million in Q1 2013. Dolphin Geo’s revenues for Q1 2014 were USD 80.2 million, compared to USD 69.1 million in Q1 2013. Recorded EBITDA was USD 22.7 milli
UK: Offshore workforce up by 8.6%
Statistics in the 2014 UK Offshore Workforce Demographics Report published by Oil & Gas UK yesterday reveal the total number of people travelling offshore has increased by 8.6 per cent compared to 2012, with offshore workers in the 24-29 age group recording the highest percentage growth at almost 14
Ceragon: New competence center for Oil and Gas in Norway
Ceragon Networks Ltd., wireless hauling specialist, has opened its new competence center in Bergen, Norway, which will be committed to boosting the company’s operations serving the Oil and Gas market. The center will spearhead Ceragon’s research, sales, support and strategic efforts to the market, a
Boskalis reports higher revenues
Royal Boskalis Westminster N.V. has released an update on its 2014 developments. Boskalis said it realized a higher revenue in the first quarter of 2014 compared to the same period in 2013. Adjusted for the acquisition of Dockwise, which was only included in the consolidated figures from the second
HB Rentals’ offshore service modules achieve new industry standard
Offshore accommodation and workspace specialists, HB Rentals, has become one of the first companies in the UK to achieve a newly revised industry standard for certification of offshore equipment.
MCG expands its MC2D Barents Super Tie seismic survey
MultiClient Geophysical (MCG) has extended its multi-client 2D (MC2D) Barents Super Tie towards the east into the newly opened Barents South East (former Disputes Zone between Norway and Russia). The new lines will tie the existing Barents Super Tie in the west to the areas to be covered by the Grou