Fossil Energy
Apply Sørco Wins $48.5M Kvitebjorn Deal
Statoil has awarded a two year option on the frame agreement for maintenance and modifications (M&M) related to the Kvitebjørn platform in the North Sea to Apply. The Contract has a value of million NOK 300 ($48.5 million). “The contract secures continuity for Apply within maintenance and modificati
Nord Stream Pipeline Load Test Completed
As of 6:00 CET today, Nord Stream has successfully completed the final 30-day test of the pipeline system. The industry-standard test confirms the safety and reliability of the integrated twin-pipeline gas transportation system. The completion of the NEL-Pipeline in early November allowed for a test
Maersk Training Names Head of Training and Education
Maersk Training has appointed David Bowyer as new Head of Training and Education. He joins the senior management team to oversee all aspects of training, following recent growth in the number of delegates attending their courses. David Bowyer has a wealth of experience in the education industry and
Heerema Christens New AHT Kolga (Spain)
Heerema Marine Contractors’ new state-of-the-art Anchor Handling Tug Kolga was christened at Estación Maritima in Vigo (Sp) yesterday. The christening was performed by Caroline Heerema. Kolga is the sister tug of Bylgia which was christened last June. Both Kolga and Bylgia were designed and built by
Russia: Lawyers Seek Exit Visas for the Arctic 30
Lawyers for the Greenpeace activists which were recently released on bail after being charged for piracy for taking part in a protest against Gazprom’s Arctic drilling plans have this week started to lodge applications with the Investigative Committee seeking exit visas for the non-Russian nationals
Wood Mackenzie Advises Explorers to Reload with Quality New Acreage
A comparison of Wood Mackenzie’s latest ranking of company exploration performance with the findings of similar analysis published back in 2005 reveals a striking absence of correlation: today’s top explorers, by and large, are not the same as those of a decade earlier. In fact, most of the companie
IKM Industri-Invest Employees Buy Noreco Shares
IKM Industri-Invest AS has today sold 564 516 A-shares in Norwegian Energy Company ASA (Noreco). The shares have been sold to employees of IKM Industri-Invest AS, at a share price of NOK 3.10 per A-share, which equals a price of NOK 0.1 per ordinary share. IKM Industri-Invest is controlled by Ståle
Welltec Nets 3-Year Contract with Total E&P UK
Total E&P UK Ltd awards Welltec a 3-year contract including possibility for a further two, 1-year extensions. The contract covers the scope of Tractor Conveyance, Tubing Cutting, Clean-out and Milling based, e-line intervention services. “Recognizing the innovative technologies and the associated va
AGR to Drill RWE Dea’s Titan Wells
Global oil and gas service provider AGR has been contracted to drill exploration wells in the North Sea’s Titan area. Under the agreement with operator RWE Dea Norge, AGR will deliver Well Delivery Services comprising planning, execution and reporting for the project. Two wells contracted will be de
Providence Gets Silverback Prospect Offer (Ireland)
Providence Resources P.l.c., the Irish oil and gas exploration and appraisal company, announces that it has been offered a new licensing option (the ‘Option’) in the South Celtic Sea Basin, offshore southern Ireland by the Irish Department of Communications, Energy & Natural Resources. The 18-month
Statoil Appoints EVP Development and Production Norway
Arne Sigve Nylund has been appointed executive vice president for Development and Production Norway. Nylund will assume his new responsibilities on 1 January 2014 and report to Helge Lund, Chief Executive Officer. Nylund’s office location will be Stavanger. He succeeds Øystein Michelsen, who has bee
RWE Dea Farms Into Two Licences Offshore Shetlands
RWE Dea has signed an agreement to farm-in to Licences P1932 and P2074, which will allow the company to participate in the drilling of the Mustard prospect in the UK Continental Shelf (UKCS), West of Shetland. The well is planned to spud in 2015. RWE Dea is acquiring a share of 25% from Chrysaor [&h
Talisman Sinopec Evacuates Workers from Buchan Alpha
Talisman Sinopec Energy UK has evacuated workers from its Buchan Alpha offshore platform in the UK North Sea, 83 miles North East of Aberdeen. In an e-mail sent to Offshore Energy Today Talisman Sinopec Energy UK confirmed that it has safely completed a planned downman of 85 personnel from its Bucha
‘Polar Onyx’ Subsea Construction Vessel Out of Dry Dock
Ceona’s high-capacity flexible/umbilical pipelay and subsea construction vessel, the Polar Onyx, has been floated out of dry dock at Ulstein Verft yard in Norway following an intensive outfitting programme. It has now moved to the shipyard quay where the interior works will be completed and the vess