Fossil Energy
Lundin Gets Nod for Exploration Well in Norwegian North Sea
The Norwegian Petroleum Directorate has granted Lundin Norway AS a drilling permit for well 16/2-20, in the Norwegian sector of the North Sea. Well 16/2-20 will be drilled from the Island Innovator drilling facility at position 58°56’25.80’’ north and 02°25’34.09’’ east in production licence 501. Th
Statoil Hires Noble’s Jack-Up Rig for Mariner Field in UK
Noble Corporation has been awarded a drilling contract by Statoil for a newbuild ultra-high specification jack-up for use in the United Kingdom sector of the North Sea. The initial contract is for four years and is anticipated to commence during the third quarter of 2016. The total estimated value o
EPC Offshore Invests in New Office to Increase Workforce (UK)
Project management and concept development specialist EPC Offshore has invested £2million in a new Aberdeen office in a strategic move which will enable the company to recruit more staff, expand its service offering to clients and reaffirm its commitment to the region. The organisation has agreed a
ABB to Deliver Subsea Transformers for Åsgard Field (Norway)
Subsea transformers are an ABB innovation. Deployed in extreme conditions in ultra-deepwater, these high-tech workhorses provide the power for heavy-duty equipment on the sea floor – enabling declining oil and gas fields to be more productive and making new deepwater fields accessible. ABB has deliv
Aker Solutions UK Names New VP of Subsea Projects
The UK operation of international oil services group Aker Solutions has announced the appointment of a new vice president to lead greenfield projects as the company looks to expand its capabilities in the sector. Bob Shaw’s appointment is the latest in a series of new senior management appointments
BG to Boost Exploration Expenditure to $1.8 Bln Per Year
BG Group Chief Executive, Chris Finlayson will today deliver a strategy update outlining the next stage of the company’s growth. The Group’s immediate priority is execution, primarily the delivery of its 2013 milestones and the growth projects in Australia and Brazil. As detailed in the company’s fi
VARD to Build LNG PSV for Simon Møkster
VARD has signed a contract with Simon Møkster Rederi for the design and construction of one Platform Supply Vessel (PSV). The vessel, of VARD’s own PSV 06 LNG design, is scheduled for delivery in 1Q 2015 from Vard Aukra in Norway. The hull will be delivered from VARD in Romania. The PSV 06 LNG is a
Statoil Strikes Largest Oil Column in Johan Sverdrup So Far (Norway)
The “Fault Margin” appraisal well in PL 265 on the Johan Sverdrup discovery, in the Norwegian part of the North Sea, is in the process of being completed. “Det norske oljeselskap ASA is of the opinion that the well results are very good. The result removes any uncertainty related to the reservoir qu
RWE Dea Granted Drilling Permit in Norwegian Sea
The Norwegian Petroleum Directorate has granted RWE Dea Norge AS a drilling permit for well 6608/2-1 S, in the Norwegian Sea. Well 6608/2-1 S will be drilled from the Transocean Winner drilling rig. The drilling programme for well 6608/2-1 S relates to drilling of a wildcat well in production licenc
Antrim Transfers Operatorship of Skellig Block Off Ireland to Kosmos
Antrim Energy Inc., a Canada-based international exploration and production company, today announced consent has been received from the Irish Government for the transfer of interest and operatorship for its Licensing Option 11/5 (Antrim 100%) in the Porcupine Basin offshore Ireland’s west coast. The
Offshore Vessels in Focus at Europort 2013
The offshore market remains buoyant, with exploration and production driving new fleet investment, design innovation in vessel efficiency and reduced environmental impact. Operations in more challenging offshore environments are also demanding enhanced vessel manoeuvrability, station-keeping and ove
Technip Secures Norne Field EPCI Contract (Norway)
Technip, a France-based provider of oilfield services to the international oil and gas industry, has secured an engineering, procurement, construction and installation lump-sum contract by Statoil for the Norne field development, located in the Norwegian Sea at a water depth of approximately 380 met
Kosmos Assumes Operatorship of Irish Offshore Blocks
Europa Oil & Gas (Holdings) plc, the AIM listed oil and gas exploration and development company with a combination of producing and exploration assets in Europe, has announced that Irish Government consent has been received for the transfer of interest and operatorship (`Transfer’) for its two Licen
SPE: Exciting but Challenging Times for Investors in UK Oil and Gas Industry
The Society of Petroleum Engineers London Section (SPE London) today revealed further details of its upcoming conference and exhibition ‘Managing oil and gas portfolios in uncertain markets’, which will explore the complex nature of the UK oil and gas industry and how owners, investors and operators