Fossil Energy
Sterling Wins Operatorship Over UK North Sea Block
Sterling Resources Ltd. announces that it has been successful in the UK 27th Offshore Licencing Round awards (second tranche), which were recently announced by the UK Department of Energy and Climate Change (DECC). Sterling has been informed by DECC of the successful award of a licence covering Bloc
Oil & Gas UK Encouraged by Interest Shown in 27th Offshore Licensing Round
Oil & Gas UK has released the following statement welcoming the Energy Minister’s announcement of 52 production licences awarded in the 27th offshore oil and gas licensing round. Oonagh Werngren, Oil & Gas UK’s operations director said: “Oil & Gas UK welcomes the Energy Minister’s announcement of
N-Sea Launches TUP Diving System (The Netherlands)
On Thursday November 28th N-Sea celebrated the official launch of the TUP Diving System® at the TUP Aware Party at N-Sea Head Quarters in Zierikzee, The Netherlands. According to an N-Sea press release TUP Diving System® is the world’s first air diving system which can be equipped with a hyperbaric
VNG Gets Nod for Norwegian Sea Wildcat Well
The Norwegian Petroleum Directorate has issued VNG Norge AS a drilling permit for well 6406/12-3 S in the Norwegian Sea. Wellbore 6406/12-3 S will be drilled from the Transocean Arctic drilling rig in position 64°01’52.37’’ north and 06°45’17.53’’ east after it completes drilling wildcat well 35/9-1
Top News of The Week November 25 – 30, 2013
Top news of the week
Heerema Opens Fabrication Yard in Poland
Facility plays a key role in the fabrication of small constructions and securing qualified workmanship for HFG
EMGS Extends ‘Boa Thalassa’ Charter
BOA Thalassa vessel will remain with the Norwegian electro magnetic survey specialist EMGS for two more years. EMGS ASA has today declared the second of the originally 3 x 12 months options as per Charter Party dated 13.10.2006. The seabed logging vessel, owned by Boa Offshore, is therefore on a f
VIDEO: Lukoil Completes Installation of V. Filanovsky Platforms’ Substructures
Lukoil, a privately held oil giant from Russia, has completed installation of the mounting substructures for the four offshore platforms at the Vladimir Filanovsky oil field in the Caspian Sea. In 2014 the company will build on them the topside facilities of the producing platform, the living quarte
Goldman Sachs, Funds Pay $2B for Stake in Dong Energy
In continuation of DONG Energy A/S’ company announcement of 2 October 2013, the Danish State represented by the Ministry of Finance, DONG Energy A/S, the Danish pension fund Arbejdsmarkedets Tillægspension (ATP), funds managed by the Merchant Banking Division of Goldman Sachs through New Energy Inve
Aibel Wins Ivar Aasen Platform Hook-Up Job
Aibel has been awarded the contract for the hook-up of the Ivar Aasen platform in the North Sea. In addition, Det norske, as operator for the Ivar Aasen development, intends to award Aibel the contract for maintenance and modification tasks and operational support for Ivar Aasen. The combined value
Dana Petroleum CEO Resigns
Dr Marcus Richards has decided to step down as Group Chief Executive after three leading Dana Petroleum. Dr Richards joined the company following its takeover by the Korea National Oil Corporation in late 2010, transforming it from an investor-led business into a fully-fledged exploration and produc
Island Offshore Orders Offshore Support Vessel from Vard
Vard Holdings Limited has secured a new contract with Island Offshore for the construction of one advanced offshore support vessel. The value of the contract amounts to approximately NOK 400 million. The vessel is scheduled for delivery from Vard Brevik in Norway in 1Q 2015. The hull of the vessel w
EV Introduces Camera for Well Intervention Market
EV, a specialist in downhole video technology, has launched its Optis HD Electric line camera to the well intervention market, which can provide vital well diagnosis saving time and reducing risk. The new technology, which spent three years in development and which EV describes as “revolutionary”, a
Premier Oil: Production in Vietnam Resumes, Huntington Rates Up
Premier, an independent British UK oil company with gas and oil interests in the UK, Asia and Africa, yesterday released a brief update on the Company’s recent production activities. In Vietnam, repairs to the Chim Sáo gas export pipeline have been completed and gas export recommenced on 23 November