Fossil Energy
NPD: Discovery Rate Below Average in the First Six Months 2013 (Norway)
The Norwegian Petroleum Directorate has announced that far this year, 28 exploration wells have been spudded on the Norwegian shelf. Of these, 19 were wildcat wells and nine were appraisal wells. Eight discoveries were made; six in the North Sea and two in the Norwegian Sea. “The past six months hav
UK Energy Secretary: Forties Alpha Platform an Example of British Excellence
Edward Davey, Secretary of State for Energy and Climate Change earlier this week sent a letter to OGN Group complimenting the company for successfully completing the construction of the Forties Alpha Satellite Platform. Davey said in the letter: “I would like to congratulate you on the successful ex
MAN to Provide Propulsion for GC Rieber’s Seismic Vessel (Norway)
MAN Diesel & Turbo recently signed a contract for the supply of 8L32/44CR B.2 engines as part of a complete propulsion package to power a seismic vessel ordered by GC Rieber Shipping of Norway. The contract contains an option for an extra vessel. Four of the engines, along with 2 × 2-speed Flender T
Wood Mackenzie: 95 New Deepwater Rigs to Be Built by 2022
Drilling activity and spend will significantly increase in global deepwater markets over the next decade according to new analysis by Wood Mackenzie. The Future of Global Deepwater Markets study indicates well spend is expected to grow from US$43 billion in 2012 to US$114 billion in 2022 challenging
Barroso: Shah Deniz Pipeline Decision Bolsters Energy Security of EU
The European Commission welcomed today’s final selection of the pipeline delivering Azeri gas to Europe. The Consortium of the Shah Deniz II gas field, who holds the license for exploiting the 16 bcm/year gas reserves, has chosen the Trans-Adriatic Pipeline (TAP) to bring the gas from the Turkish bo
PSA Norway Investigates Nearly Fatal Incident on Skandi Arctic DSV
An investigation has been launched by the Petroleum Safety Authority Norway into a serious incident on diving support vessel Skandi Arctic on 22 June 2013. The incident occurred during a manned subsea operation (MUO) on the Alvheim field in the North Sea, operated by Marathon Oil Norge AS. Diving co
Trans Adriatic Pipeline Selected for Shah Deniz Gas Transport
Baar, Switzerland. At a press conference held by the Shah Deniz Consortium (SDC) today in Baku, Azerbaijan, the SDC confirmed that the Trans Adriatic Pipeline has been selected to transport Shah Deniz II gas to Europe. Kjetil Tungland, Managing Director at TAP, said: “I am very pleased that the sele
Bredford Dolphin Rig Secures More Work
An AGR coordinated group of four oil companies has exercised the option for four additional wells with Dolphin Drilling AS, a subsidiary of Fred. Olsen Energy ASA, for the use of the semi-submersible drilling rig Bredford Dolphin. The wells will be in direct continuation with the upcoming contract.
Talisman Drills Duster in North Sea (Norway)
Talisman Energy AS, operator of production licence 299, is about to complete drilling of wildcat well 2/1-16 S. The well is dry. The well was drilled about 15 kilometres southwest of the Gyda field in the Norwegian part of the North Sea. The objective of the well was to prove petroleum in Upper Jura
Statoil Finds ‘Only’ Gas at Nunatak Well in Barents Sea (Norway)
Statoil ASA has together with its partners Eni Norge AS and Petoro AS made a small gas discovery in the Nunatak prospect in PL532 in the Barents Sea. Well 7220/5-2, drilled by the rig West Hercules, encountered gas in rocks of Cretaceous age. Based on the present evaluation the discovery is consider
Chariot Oil & Gas Announces Board Changes (UK)
Chariot Oil & Gas Limited, the Atlantic Margins focused oil and gas exploration company, today announces that Philip Loader, Non-executive Chairman, will become Executive Vice President for Global Exploration for ASX listed Woodside Petroleum Ltd on 1 July 2013 and as a result is required to step do
Woodside Farms Into Blocks Offshore Ireland
Woodside advises that it has had two separate offers accepted to farm-in to offshore blocks located in the prospective Porcupine Basin off Ireland. Petrel Resources plc has accepted Woodside’s offer to acquire 85% participating interest in Licensing Option 11/6 (comprising offshore blocks 45/6, 45/1
Free Seminar on Flexible Risers in Norway
The Petroleum Safety Authority Norway (PSA) will hold a flexible risers seminar in Stavanger on Tuesday, 26 November 2013. The seminar will focus on integrity, learning, sharing experience, continuous improvement and prevention of major accidents. The background for the seminar is a number of incide
Sevan Drilling Board: Seadrill’s Offer Too Low
After it was earlier today announced that one of the world’s largest drilling contractors, Seadrill Limited, had acquired 50.1 % shares in its rival Sevan Drilling, and after the company revealed it intended to acquire all of the remaining share in Sevan, the Sevan board of directors responded negat