Fossil Energy
InterMoor strengthens its UK management team
InterMoor, an Acteon company, has appointed Lesley Maxwell as group human resources manager and Nick Knight as business development manager for InterMoor Marine Services Ltd. Maxwell has more than 20 years of international experience as a senior manager in management consulting and human resources r
PSA audits OHAS and logistics on Knarr FPSO
From 30 March to 3 April 2014, the Petroleum Safety Authority Norway (PSA) carried out an audit of Teekay Petrojarl (TKPJ) within the disciplines of occupational health and safety (OHAS) and logistics on Knarr FPSO. The objective was to audit that equipment packages and individual areas have been de
Ithaca’s profit jumps 370%
Ithaca Energy reported its 1Q 2014 profit after tax increased by approximately 370% to $16.4 million from $3.5 million in the same quarter of 2013, equating to earnings per share of $0.05 (Q1 2013: $0.01) The company’s cashflow from operations was $43.7 million, an increase from $34.8 million in 1Q
April production beats NPD’s forecast
Norwegian Petroleum Directorate has announced that preliminary production figures for April 2014 indicate an average daily production of about 1 918 000 barrels of oil, NGL and condensate. This is 30 000 barrels per day (about 1.5 percent) less than in March 2014. Total gas sales were about 9.0 bill
Pacific Drilling shareholders approve up to $152M in 2015 distributions
Pacific Drilling S.A. shareholders approved distributions to shareholders in 2015 of up to $152 million in the aggregate at the company’s 2014 Annual General Meeting yesterday. The approved proposal provides for cash distributions to start with an initial payment expected in the first quarter of 2
DUC to invest $184M in Danish North Sea research centre
Danish Underground Consortium (DUC) fund of $184 million will target future oil and gas production from the Danish North Sea and potentially create research opportunities for up to 100 scientists. Based at Denmark’s Technical University (DTU) in Lyngby, the new Hydrocarbon Research and Technology Ce
Huntington field back online
Norwegian oil company Noreco has announced that production from the Huntington field in the UK North Sea resumed on May 11, 2014. Production has been interrupted since 12 April, initially for replacement of couplings in the inert gas system on the floating production and storage vessel Voyageur Spir
MOG: Guendalina production increases
The Board of Mediterranean Oil & Gas Plc has announced that, in line with the operational plan established with the Operator, ENI, production has been increased on the Guendalina Field well GUE 3ss. After a period of monitoring production post the well intervention conducted in January 2014, product
PSA aims to improve well safety on NCS
Petroleum Safety Authority Norway reports that wells which are left temporarily abandoned year after year represent a safety challenge on the NCS. The regulations have now been tightened up. Exploration wells must be permanently plugged after no more than two years, according to new regulatory requi
Kongsberg to supply ICSS and power package for Gina Krog FSO
Kongsberg Maritime Engineering (KME) has signed a contract with Gina Krog LLC, a subsidiary of Teekay Shipping AS, for supply of an Integrated Control and Safety System (ICSS) and Power package to the Gina Krog FSO (Floating Storage and Offloading) unit, to be delivered to the Statoil operated Gina
Technip secures its 2nd Alvheim job from Marathon
Technip has been awarded a contract by Marathon Oil Norge for the extension of subsea infrastructure on the Alvheim field, located on the Norwegian Continental Shelf. The scope of work includes installation engineering, procurement, fabrication, installation and tie-in of spools and protection cover
Statoil returns to Brugdan II well (Faroe Islands)
Atlantic Petroleum today announces that operations regarding the re-entry of the 6104/21-2 Brugdan II exploration well on Faroes Licence 006 have begun. The Brugdan II 6104/21-2 well was drilled in 2012 and suspended in late November that year as the weather was closing in. The well is being re-ente
IKM to provide FEED for Johan Sverdrup infield pipelines
Statoil has awarded Front End Engineering Design (FEED) contract for Johan Sverdrup field pipelines to IKM Ocean Design. Concept selection for Johan Sverdrup was made in February 2014. The field is located south of Grane, north-east of Sleipner and about 140 km west of Stavanger. Water depth in the
TWMA gets permission to double waste processing capacity
TWMA, the global provider of oil and gas waste management solutions, has been awarded an increased processing licence by the Environmental department of the Norwegian Authority. The licence, allocated to the company’s Norwegian base in Mongstad, will see processing capacity more than double, from 30