Fossil Energy
TGS and EMGS expand Barents Sea cooperation
Electromagnetic Geoservices ASA and TGS have agreed to further expand the companies’ cooperation agreement in the Barents Sea. Currently, TGS has a 30% ownership in the multi-client EM data over 17 blocks in the Hoop area. The agreement will be expanded with 4 new blocks in the Hoop area and 14 bloc
Repsol reports profit rise
In the first quarter of 2014, Repsol posted net income of 807 million euros, an increase of 27.3% from the year-earlier period. Adjusted net income at current cost of supply was 532 million euros, a rise of 1.5% from the year-earlier period. This result was obtained in an environment marked by the d
‘Polarcus Naila’ starts seismic production
Polarcus Limited has announced that Polarcus Naila started full seismic production on Wednesday, 07 May, only three days after start of mobilization. Related: ‘Polarcus Naila’ prepares for ‘UK Breagh’ survey Polarcus Naila is acquiring the “UK Breagh” RightBand(TM) multi-client project. The survey i
CAA: Emergency Breathing Equipment on offshore helicopters compulsory from 2015
The UK Civil Aviation Authority (CAA) has announced changes to two of its requirements aimed at improving offshore helicopter safety. It follows discussions with the oil and gas industry, helicopter operators and representatives of the offshore workforce and pilots. In February the CAA announced a s
EMGS to carry out offshore survey for new client in Norway
Electromagnetic Geoservices ASA (EMGS) has received a Letter of Intent from a new customer in Norway worth a minimum of USD 2.3 million for 3D EM data acquisition in the Barents Sea. The survey is expected to start in May, using the vessel BOA Thalassa. EMGS, the marine EM specialist, uses its propr
PSA Norway: Licencees must support and challenge the operator
Licensees on the NCS must support and challenge the operator, be a competent collaborator and help ensure prudent petroleum activity in Norway, the Petroleum Safety Authority Norway has said. But not all of them do that, so the PSA has begun checking up. “The regulations set clear requirements for t
First oil from Brynhild field approaching
Lundin Petroleum, the operator of the Bynhild field, located near the Norway-United Kingdom border, some 210 km from the Norwegian mainland, expects to produce first oil from the field next month. In its quarterly report Lunding said that the subsea template and manifolds, as well as the production
Hejre field: Largest O&G project in Danish North Sea (VIDEO)
The development of the Hejre field will be the largest oil and gas project in the Danish sector of the North Sea for many years, and will significantly boost Denmark’s status as being self-sufficient in oil and gas. The field is located in the central part of the North Sea near the Danish/Norwegian
900 Aibel workers to improve Snøhvit stability
In the course of the next month Aibel will perform 100,000 hours of work in connection with a shutdown that will improve the stability of the Snøhvit facility at Melkøya near Hammerfest. “The keyword is improvement. The goal of Statoil with all the projects in this shutdown is a more robust and stab
PSA audits Statoil’s Polarled
On 27 and 28 March 2014, the Petroleum Safety Authority Norway carried out an audit of project management and manufacture of valves for the Polarled pipeline. Objective The objective of the audit was to monitor that the project has been planned and carried out in compliance with applicable regulatio
DNV’s Synergi Pipeline and GL’s Uptime now incorporated
Following the merger of DNV and GL, one leading pipeline integrity software solution will now incorporate both previous brands, DNV’s Synergi Pipeline and GL Noble Denton’s Uptime. The single next-generation system will be branded under the Synergi Pipeline name. Pipeline integrity software As the f
Deeptech orders SMD’s Quasar ROV
Rapidly growing Egypt based company Deeptech Oil Services have confirmed an order with SMD for a Quasar MkII 150hp 3000m rated work class remotely operated vehicle. The high specification system includes Tophat tether management system, A-Frame, umbilical winch and fully integrated control cabin. Th
Baker Hughes: Offshore rig count down by 5 in April
Baker Hughes Incorporated announced today that the international rig count for April 2014 was 1,349, up 4 from the 1,345 counted in March 2014, and up 48 from the 1,301 counted in April 2013. The international offshore rig count for April 2014 was 329, down 5 from the 334 counted in March 2014, and
CAN Group grabs two safety awards, aims to make it four in row
CAN Group, has been recognised by the British Safety Council with two prestigious international industry awards for its efforts in ensuring workplace safety. The Aberdeen headquartered business was awarded an International Safety Award with Merit for its performance over the last year and a further