Fossil Energy
Bad Weather Hinders Huntington Field Production
Production from the E.ON operated Huntington offshore oil field, located in the UK sector in the North Sea, has been reduced, Noreco, a partner in the field has reported. So far in January reported Noreco share of production from the Huntington field is approximately 3 200 barrels of oil equivalents
‘Normand Reach’ Reaches Norway
The hull of the Normand Reach construction support vessel has arrived in Norway where it will be outfitted. The vessel’s hull was launched on December 20th in a yard in Romania, and it took it a month to reach VARD’s Aukra yard in Norway. The vessel, owned by Solstad Offshore, has an overall length
JDR’s Umbilicals and Reels for West African Field Development
JDR, a leading provider of technology connecting the global offshore energy industry, has won a contract with FMC Technologies in Kongsberg to design and supply umbilicals and reels for Intervention Workover Control System (IWOCS) for a West African field development. The project calls upon JDR’s fi
Lundin Hires ‘Viking Queen’
Lundin Petroleum has hired the ‘Viking Queen’ Platform Supply Vessel from the Norwegian offshore vessels owner Eidesvik for an undisclosed fee. The contract for the PSV Viking Queen is for 15 wells with options for 5 more wells. Duration for the firm period is minimum 900 days. The contract will beg
Lankhorst Ropes Nets Largest Ever Deepwater Mooring Lines Contract
Leading offshore rope manufacturer, Lankhorst Ropes has been awarded a contract by HHITECH (Hyundai Heavy Industries and Technip USA consortium) to supply the mooring lines for Statoil’s Aasta Hansteen Spar platform to be located in the Norwegian sector of the Norwegian Sea. It is the largest single
Wintershall Scores Second Most Operatorships in 2013 APA
Wintershall is continuing its growth course in northern Europe: in the current licensing round APA 2013 (“Award in Predefined Areas”), the Norwegian Petroleum and Energy Ministry has awarded eight new exploration licenses to Germany’s largest internationally active oil and gas producer. Wintershall
Pacific Drilling Appoints New CFO
Pacific Drilling S.A. has announced that Paul T. Reese, currently Vice President Controller, will assume the role of Chief Financial Officer, effective February 28, 2014. Reese will succeed the company’s current CFO, William Restrepo, who is leaving the company to pursue another opportunity. “Paul’s
GDF SUEZ E&P Norge Becomes Partner in PL637 B
GDF SUEZ E&P Norge was awarded partnership in PL637 B, which is a license extension to PL637, in the 2013 Awards in Predefined Areas (APA 2013). “We are happy with the license award, which confirms our interest in the northern North Sea and is important in securing the potential upside to the PL637
Noble Corp. CEO Confident about Long-Term Outlook for Offshore Drilling
Noble Corporation today reported fourth quarter 2013 net income of $174 million, up from $127 million in earned in the same period a year ago . Results for the fourth quarter included an after tax charge of $36 million, or $0.14 per diluted share, relating to an impairment taken on the FPSO Seillean
DONG Energy Awarded Two Operatorships in Norway
DONG Energy’s Norwegian oil and gas business reports that they have been awarded two new licenses as operator in the 2013 Award in Predefined Areas (APA) in Norway. “We are very excited about the two licenses that we have been awarded. The licenses are situated in areas in which we are already activ
CNOOC Awarded a Licence in Dreki Area Offshore Iceland
Iceland’s national energy authority Orkustofnun has granted a new offshore licence to CNOOC Iceland ehf. as operator with 60 % share, Eykon Energy ehf with 15 % share and Petoro Iceland AS with 25 % share. CNOOC Iceland ehf. is a daughter company of CNOOC International Ltd. Eykon Energy ehf. is a da
Bayerngas Now Owns 69 Licences Offshore Norway
Bayerngas Norge today been awarded 9 licenses in the Awards in Pre-defined Areas (APA) . Through the awards the company further strengthens its position on the Norwegian Continental Shelf. “Through these awards we have strengthened our position further in our core areas around the Frøya Hights and t
Oss-nor Hammerfest Wins Goliat Valves Maintenace Job
Eni Norge has signed a long-term contract with the base workshop firm Oss-nor Hammerfest AS. Oss-nor will be responsible for the maintenance and modification of valves linked to operation of the Goliat field. This applies to both the commissioning and operations phases, and includes work on the valv
Total’s CEO Co-Chairs the 44th World Economic Forum in Davos
More than 1,500 business leaders and 50 heads of state or government will convene at the 44th World Economic Forum, which begins on Wednesday in Davos, Switzerland. This year, the Annual Meeting will be co-chaired by Total’s Chairman and CEO, Christophe de Margerie, and six other influential busines