Fossil Energy
Det norske Receives NPD Approval for Barents Sea Well
The Norwegian Petroleum Directorate has granted Det norske oljeselskap ASA a drilling permit for the well 7222/11-2 A, in the Barent Sea. Well 7222/11-2 will be drilled from the Transocean Barents semi-submersible drilling rig. The drilling programme for the well relates to the drilling of a wildcat
Augean CEO Joins Decom North Sea Board
Augean, one of the UK’s leading specialist waste management businesses, has informed that its CEO, Dr Stewart Davies, has been appointed to the Board of Decom North Sea, the offshore oil & gas supply chain forum established to formulate effective contracting strategies for the forthcoming decommissi
Atlantic Petroleum Successfully Completes Oslo Børs IPO
P/F Atlantic Petroleum has announced the successful completion of the bookbuilding period for the initial public offering of shares (the “Offering”) of the Company. The shares are priced at NOK 140 per share. The price is within the non-binding indicative price range of NOK 140 – 160 as announced in
AGR’s Team Attends Leading Technical Conference (UK)
The expertise of AGR’s highly skilled reservoir evaluations team will be showcased at a leading symposium this week. Tim Wynn, Lead Geologist, and Liz Chellingsworth, Principal Geophysicist, both based in AGR’s Aberdeen office, have been selected to address a prominent technical conference titled “C
Hydra Rig Expands Operation (UK)
Specialist oil well & process service equipment manufacturer Hydra Rig has expanded its operation in the Great Yarmouth and Lowestoft (New Anglia) Enterprise Zone, part of the East of England Energy Zone (EEEZ), thereby making massive financial savings and avoiding the upheaval of relocation to Norw
Technip Installs Sonardyne’s GyroUSBL on G1200 Vessel
A new acoustic positioning technique to improve the quality and accuracy of pipeline touchdown monitoring has been successfully utilised by leading project management, engineering and construction company Technip. The company has installed a Sonardyne GyroUSBL transceiver on the stinger of its rigid
SeaBird Secures Contract for ‘Harrier Explorer’
SeaBird Exploration Plc has announced that its ‘Harrier Explorer’ has been awarded a contract as a source vessel in North West Europe. The contract has an estimated duration of about 110 days and an estimated value of approximately USD 8 million. Startup is expected around the 20th of December 201
GDF SUEZ Awarded Five Blocks in Southern North Sea
GDF SUEZ E&P UK Ltd has been awarded five further licences in the Southern North Sea (SNS), three as operator, in the second tranche of the 27th offshore oil and gas licensing round announced by the Department of Energy and Climate Change. The exploration licenses will provide future exploration tar
17 Oil Firms to Carry Out Joint Seismic Survey in Barents Sea
A group comprised of 17 oil and gas companies has established a project for joint seismic acquisition in the southeastern Barents Sea. Statoil is the operator of the project. At the request of the Norwegian Ministry of Petroleum and Energy (MPE), the industry, via the Norwegian Oil and Gas Associati
Noreco: November Production Up. Siri to Remain Shut Until Q2 2014
Norwegian Energy Company (Noreco) produced 4 689 barrels of oil equivalents per day (boed) in November 2013 (3 982 boed in October). Adjusted for inventory, net realised price was USD 97.9 per boe(USD 107.1 per barrel of oil). As previously reported, the production volume restrictions imposed by the
Halul Offshore Orders 4 PSVs and Two Anchor Handlers
L&T Shipbuilding, a subsidiary of Larsen & Toubro, has received orders, valued at $154 million, for six specialized commercial vessels, in the third quarter of 2013-2014. The orders from Halul Offshore Services Company W.L.L., Qatar, are for design, construction, trials and commissioning of four Pla
Bergen Group Sells Kimek to Focus on Hanøytangen
Bergen Group has entered into an agreement with GMTH Holding AS regarding the sale of Bergen Group Kimek AS and Bergen Group Kimek Offshore AS for an enterprise value of approximately NOK 65 million. The transaction is expected to be completed within the end of this year. GMTH Holding is an investme
CGG Delighted with Diskos Contract Win
CGG announced today that it has signed a contract with the Norwegian Petroleum Directorate (NPD) relating to the Seismic, Well and Production modules in the Diskos database, the National Data Repository of Norway. The scope of the contract includes implementation of software during 2014 and operatio
Talisman Sinopec Returning Workers to Buchan Alpha Platform
Talisman Sinopec is returning workers to its Buchan Alpha platform after last week’s evacuation due to severe weather in the UK North Sea. “On Sunday, 8 December, 33 personnel were safely returned to the Buchan Alpha according to plan, and we anticipate returning to full complement by Wednesday, 11