Fossil Energy
Statoil Hires PSVs from Blue Ship Invest
Two of the six PSVs in the Blue Ship Invest fleet, ‘Blue Thunder’ and ‘Blue Guardian’, have been contracted for long-term work for Statoil. ‘Blue Thunder’ has been working for Statoil since April, and this contract ends on 23 January. Statoil has now entered into a new 6-month contract for this vess
IAGC Expresses Concern Over Barents Sea “Group Shoot”
International Association of Geophysical Contractors President Chip Gill today issued the following statement on the announcement by Norwegian Oil and Gas and Statoil of a joint seismic acquisition project in the Barents Sea: “On December 10th, Norwegian Oil and Gas and Statoil announced a group of
Ennsub to Launch Recruitment Drive in 2014 as Demand Increases
Ennsub, the independent subsea design, engineering and technology company, has secured an order book with options in excess of £7.5 million for execution in 2014, a large proportion of which is for major international subsea installation contractors. The company, established in July 2012 by four pro
TAQA Receives Nod for Morrone Field Development
TAQA, the international energy company from Abu Dhabi, has received approval from the UK government for development of its Morrone field (block 9/23b) in the Central North Sea. The initial phase of development will consist of an extended reach well drilled from the TAQA-operated Harding jack-up plat
Ross Offshore, Premier Oil Sign Several Frame Agreements
Ross Offshore AS has been awarded several Frame Contracts by Premier Oil Norway including immediate Call-off for Well Management. The frame contracts are for well management, field development and single consultancy services. The contracts are for 5 Years with possible extensions, and the well manag
Dana Buys Equity in Two Blocks in Danish and German Waters
Dana Petroleum has acquired equity in two licences in the Danish and German sectors of the Southern North Sea. Dana will acquire 40 per cent equity and operatorship of the Danish 12/06 licence and 56 per cent equity and an option for operatorship of the German B20008-73 licence from PA Resources (PA
Bowleven Names New FD
John Brown has today given notice of his resignation as Finance Director of Bowleven. It is currently envisaged that the effective date of the resignation will be early in the new year. Brown, aged 49, joined Bowleven as Finance Director in 2004 and following his resignation will assume the position
Top News of The Week 9 – 15 December, 2013
The most popular stories of the week.
GE Oil & Gas Buys Allen Gears
Expanding its presence in the industrial gears sector, GE Oil & Gas, a GE business has signed an agreement to acquire Allen Gearing Solutions (Allen Gears), a privately held designer, manufacturer and service provider of gears for industrial and marine applications. The move comes two years after GE
NPD: November Oil and Gas Production Up 8 Pct
The Norwegian Petroleum Directorate has announced that preliminary production figures for November 2013 indicate an average daily production of about 1 904 000 barrels of oil, NGL and condensate. This is 150 000 barrels per day (about 8 percent) more than in October 2013. Total gas sales were about
Russian Authorities Ban Arctic 30 from Returning Home
The Russian authorities have told the Arctic 30 that they cannot leave the country. Greenpeace has responded accusing Russia of “defying the ruling of an international court which ordered that they should be allowed to go home immediately.” Russia’s Investigative Committee has written to one of the
IKM Buys UK Facility for Its Pipeline and Process Operations
IKM Testing UK purchases new purpose built facility from Dandara for its pipeline and process operations.
ExxonMobil: All Forms of Energy Needed to Meet Increasing Demand
The world will require all forms of energy over the next quarter century to meet a greater than one-third increase in demand that will be driven by population growth, improved living standards and expanded urbanization, according to ExxonMobil’s Outlook for Energy: A View to 2040, which was released
Oseberg Field Lifetime Extended to 2040
The lifetime of the Oseberg field in the Norwegian part of the North Sea has doubled thanks to the steady increase in recoverable resources. December marks the 25th anniversary of the Oseberg field centre. Current plans call for production up to around 2040. “The Oseberg licence has invested more