Fossil Energy
Lundin Petroleum Drills Duster in North Sea (Norway)
Lundin Petroleum AB has completed the drilling of wildcat well 16/4-7. The well was drilled on PL544 about 14 km northeast of the Sleipner Øst field in the middle part of the Norwegian North Sea. The exploration well 16/4-7, operated by Lundin Norway, was targeting the Biotitt prospect. The well enc
Cairn Buys Stake in Premier Oil’s Norwegian Blocks
Premier Oil has executed a sale and purchase agreement to sell its 20 per cent equity interest in PL378 and PL378B to Capricorn Norge, a wholly-owned subsidiary of Cairn Energy plc, for an upfront cash consideration of $16 million. PL378 and PL378B are located in the Norwegian North Sea and contain
Lundin Gets Approval to Drill 16/5-4 Well (Norway)
The Norwegian Petroleum Directorate (NPD) has granted Lundin Norway AS a drilling permit for well 16/5-4, in the Norwegian sector of the North Sea. Well 16/5-4 will be drilled from the Bredford Dolphin drilling facility at position 58°42’46.92’’ north 02°35’55.71’’ east for Lundin Norway AS in produ
ONS Norway: AGR Expands TRACS Training Offer
Oslo-headquartered oil services firm AGR has expanded its TRACS Training offer to cover the Norwegian market. The news was launched at ONS Norway today (Monday 19 August 2013). The expansion will seek to repeat the success of AGR’s TRACS Training in Aberdeen, recognised as one of the world’s top tra
Rosneft: Kara-Summer 2013 Expedition Completes Its Voyage
The Kara-Summer 2013 expedition organized by Rosneft in partnership with the Arctic and Antarctic Research Institute completed its voyage on August 16, 2013. Experts spent 30 days at sea aboard the Akademik Fyodorov survey vessel owned by the Arctic and Antarctic Research Institute. They conducted a
Ocean Installer Hired by Total to Retrieve Tomintoul Casing
Total E&P UK Limited has awarded Ocean Installer a contract for the recovery of casing at the Tomintoul location, west of the Shetland Islands. The scope of the work involves the cutting and recovery of 472 meters of 20” downhole casing from the seabed, at approximately 580m water depth. The onshore
Tata Steel Displays Its Pipeline Solutions at ONS Stavanger
Tata Steel will demonstrate its ability to deliver pipeline solutions to some of the world’s most challenging and complex projects at this year’s ONS Norway in Stavanger. With global energy demands ever-increasing the industry is turning its attention to deeper and more challenging environments. Tat
Socar Fighting to Suppress Fire Burning from Caspian Sea Well
Azerbaijan’s national oil company Socar has informed that a fire broke out on one of its Caspian Sea wells on Saturday night. The incident took place during drilling operations at the No 90 exploration well at Bulla Deniz field. At approximately 23:00 Saturday, natural gas started flowing uncontroll
Statoil Makes Gas Discovery Near Asgard Field
Statoil Petroleum AS, operator for production licence 479, is in the process of completing the drilling of wildcat well 6506/9-3. The well was drilled about 5 km north of the Åsgard field in the Norwegian Sea. The primary exploration goal for the well was to prove petroleum in reservoir rocks of the
Statoil Sells 2.65 Billion Worth of Offshore Assets to OMV
Statoil ASA has signed an agreement to divest minority interests in the Gullfaks and Gudrun fields offshore Norway and exit the non-core, non-operated Schiehallion and Rosebank fields, West of Shetlands. In addition to the cash consideration of USD 2.65 billion, the transaction with Austrian oil and
TGS Begins Seismic Survey Offshore Greenland
TGS has started expansion of a 2D multi-client survey in Northeast Greenland. The survey, NEG13, will enable customers to prepare for the announced Greenland Licensing Round in 2013/2014. Due to favorable ice conditions, TGS expects to acquire 4,200 km of 2D multi-client seismic data. This new data
Top News of The Week August 12 -17, 2013
‘Ramco Crusader’ OSV Sinks Off Brazil Brazil’s national oil company Petrobras has informed that the Ramco Crusader offshore support vessel sank Monday night, offshore Brazil. Huntington Field Shut Amid FPSO Issues. All Noreco’s Fields Now Closed Norwegian oil company Noreco has announcer that E.ON,
Maersk Drilling Boasts ‘Best Quarter Ever’
Danish drilling contractor Maersk Drilling today reported its best quarterly result ever. The company made a 2Q profit of $150 million compared to $98 million earned in 2Q 2012. The profit was driven by increased operational uptime of its drilling rigs. All of the company’s rigs were on contract dur
ONS 2013: Exclusive Preview of ‘Pioneer’ for Ex-North Sea Divers
PIONEER is set in the early 80’s, at the beginning of the Norwegian Oil Boom. Enormous oil and gas deposits are discovered in the North Sea and the authorities aim to bring the oil ashore through a pipeline from depths of 500 meters. A professional diver is obsessed with reaching the bottom of the N