Fossil Energy
Oil&Gas UK: New Technology Vital for Extraction of Remaining North Sea Oil
Offshore Energy Today is sharing the following interview on new technologies for well intervention in the North Sea, with permission from Offshore Network. Oil & Gas UK’s operations consultant Dr Andrew Leonard speaks with Dean Murphy, Director, Offshore Network. Well intervention projects are a top
James Fisher Buys Subsea Vision (UK)
James Fisher and Sons Plc, a marine services business, today announces the acquisition of the entire share capital of Subsea Vision for £2.5m. Subsea Vision owns and operates remotely operated vehicles (ROV) providing underwater surveys, inspections and construction support to the oil and gas indust
Kraken FPSO to Receive Topside Power Module from Wärtsilä (UK)
Wärtsilä will supply a 62 MW topside power module solution for a Floating Production, Storage and Offloading (FPSO) vessel to be deployed at the Kraken oilfield located in the UK sector of the North Sea. This EPC (engineering, procurement and construction) award has been given in December 2013 by Ar
GC Rieber Shipping to Sell Reef Subsea
The sale of the stake in Reef Subsea is a consequence of GC Rieber Shipping’s strategic decision to focus on its core business.
Lundin: Poor Reservoir Quality at Torvastad Sidetrack Well
Lundin Petroleum AB announces that the side-track well 16/2-20A on the Torvastad prospect on PL501 in the North Sea sector of the Norwegian Continental Shelf (NCS), is in the process of being completed. The well 16/2-20A has been drilled as a side-track 770 metres west of the main Torvastad explorat
AMEC Lands $974 M Shah Deniz Platform Contract (Azerbaijan)
The AMEC Tekfen Azfen (ATA) consortium has been awarded a contract totalling $974 million for BP-operated Stage 2 development of the Shah Deniz gas field in the Caspian Sea. AMEC will contribute its project and construction management expertise to the consortium. The contract covers the fabrication,
PSA Looks Into Statfjord C Oil Leak (Norway)
The Petroleum Safety Authority has resolved to conduct an investigation into a hydrocarbon leak which occurred on the Statfjord C platform in the North Sea, offshore Norway, on 26 January 2014. An escape of stabilised oil occurred on the Statfjord C platform in the early morning of 26 January 2014.
MOG’s Production Down Due to Guendalina Results
The Board of Mediterranean Oil & Gas Plc announces the following operational update for the 3 month period ended 31 December 2013. MOG’s total net production for Q4 2013 was 4.24 MMscm (equivalent to 0.15 Bcf, or 26,980 boe). This represents average net production of 46,133 scm per day or 293 boe pe
Pemex, Lukoil Sign Cooperation Agreement
Vagit Alekperov, OAO LUKOIL President, and Emilio Lozoya, General Director of Mexico’s Pemex, signed a cooperation agreement on Friday as part of the World Economic Forum in Davos (Switzerland). The document was signed in the presence of Enrique Peña Nieto, President of Mexico. The new agreement wil
Reach Subsea Signs Two MPSV Vessels Contracts
Reach Subsea has signed an agreement with the Myklebusthaug group to hire the MPSV “Dina Star”. The agreement includes the installation instalment of a 150T subsea crane and Reach mobilization of ROV and personnel on board for use in Reach’s offshore lightweight construction support projects. The ve
PSA Finds Serious Breaches of Regulations at Statoil’s Oseberg A
The Petroleum Safety Authority Norway has issued an order to Statoil following the investigation of the hydrocarbon leak at Oseberg A facility in the Norwegian part of the North Sea. The investigation identified serious breaches of the regulations. Through the investigation, it was revealed that key
Statoil Ranked 4th Most Sustainable Corporation by Corporate Knights
Corporate Knights has ranked Statoil number four, and the number-one energy company, on the Global 100 list of the world’s most sustainable corporations. The announcement was made at the World Economic Forum in Davos, Switzerland last week. The Canadian media company made its list from an initial gr
New PSV for Deep Sea Supply
Deep Sea Supply today has taken delivery of the Platform Supply Vessel “Sea Spider” of Ulstein’s PX 105 design from Sinopacific Shipyard. The vessel is owned by a company which is 50% owned by Deep Sea Supply and 50% by BTG Pactual. The vessel’s main characteristics are the size of 4700 dwt, 1000 m2
Rolls-Royce: New Subsea Vessel Design ‘Unlike Anything Seen Before’
Rolls-Royce has won an order to provide integrated design and ship equipment for a highly innovative offshore vessel for Norwegian ship owner Island Offshore. The new UT 777 design has been developed in close cooperation with Island Offshore, to be used in offshore drilling operations during harsh w