Fossil Energy
Lerwick Harbour Supports Total E&P UK’s Offshore Developments
Lerwick Harbour is fulfilling a key hub role in servicing major onshore and offshore gas developments underway by operator, Total E&P UK Limited. Various contractors are using Lerwick’s comprehensive services and facilities, including extensive laydown areas and deep-water quays and anchorages, to s
Leiv Eiriksson Rig Needs Improvements to Reach AoC, PSA Says
During 25 – 26 February 2013 the Petroleum Safety Authority Norway (PSA) carried out an audit of Ocean Rig on board Leiv Eiriksson semi-submerisble drilling rig. Objective The objective of the audit activity was to follow up that the company, prior to starting new activity on the Norwegian shelf, sa
Bibby Offshore’s New HQ to Be Ready in April
The new purpose-built headquarters for subsea installation contractor, Bibby Offshore is entering its final phase of construction. The new 53,427 sq. ft. office facility at Prospect Park, Westhill, which represents a multi-million pound investment, is on track to be completed by April 2013. Bibby Of
Schlumberger Introduces New Coiled Tubing Pipe Inspection System
Schlumberger announced today the introduction of the CoilScan* real-time coiled tubing (CT) pipe inspection system. The system minimizes nonproductive time (NPT) by providing real-time pipe inspection during intervention operations to identify CT pipe defects prior to entry into the wellbore. “Most
Wood Mackenzie: Proposed Changes to Danish Tax System Could Hurt IOCs
Wood Mackenzie has assessed the proposed changes to the Danish fiscal system. The analysis by Wood Mackenzie’s European Upstream team concludes that the reduction in the rate of hydrocarbon tax and the size of hydrocarbon tax allowances would result in a decrease in value of IOC portfolios of US$ 1.
SeaMar Subsea Orders Offshore Support Vessel (The Netherlands)
SeaMar Subsea BV has entered into a contract with Shipyard De Hoop for the construction of a Multipurpose Offshore Support Vessel. Custom designed to stringent environmental control, the diesel electric powered 65 metre vessel will be constructed for low fuel consumption, clean ship / green passport
EnerMech: BG Group Contract to Create New Jobs
UK’s Mechanical engineering services company, EnerMech, has been awarded a process services contract by BG Group which could be worth up to £16 million. The three year contract (+1 year option) covers all BG Group’s UK North Sea assets including the Lomond, North Everest and Armada platforms. The wo
Johan Sverdrup Appraisal Kicks Off (Norway)
Lundin Petroleum has announced that the appraisal well 16/2-17S has commenced in the Statoil-operated PL265 on the Johan Sverdrup discovery, located in the North Sea sector of the Norwegian Continental Shelf (NCS). The well is located in PL265 and close to the western bounding fault of the Johan Sve
Seadrill Increases Ownership in AOD
Seadrill Limited has today acquired additional 2,488 shares of Asia Offshore Drilling Limited. The shares were acquired at the price of NOK 28.70 per share. Following this acquisition, Seadrill will be the owner of 39,709,313 shares in the Company, corresponding to 66.18% of the total number of outs
Wintershall Makes Oil Discovery Offshore Denmark
Wintershall, the largest internationally active German crude oil and natural gas producer, announces the successful drilling of the own-operated Hibonite exploration well (5504/1-3) in Denmark. The Hibonite structure is located in the 5/06 license in the Danish sector of the North Sea, approximately
Gazprom to Speed Up and Expand Exploration in the Far East (Russia)
The Gazprom headquarters on Friday hosted a meeting moderated by Alexey Miller Chairman of the Company’s Management Committee. The meeting was dedicated to the resource base development needed for the Eastern Gas Program and carried out, inter alia, as part of the Power of Siberia gas transmission s
Stjerne: Statoil’s 5th Fast-Track Project in Production
Statoil and its partners have started up production on the Stjerne field, 13 kilometres southwest of the Oseberg South platform in the North Sea. Stjerne is the fifth of Statoil’s fast-track projects in production. “This is a good example of how to make smaller discoveries profitable. The project ha
Fastnet Opens Data Room for Its Celtic Sea Assets
Fastnet, an exploration and production company focused on near term exploration acreage in the Celtic Sea and Morocco, announced that it opened the data room for its Celtic Sea assets on 22 March 2013 and that a range of super majors, mid-caps and small-caps are conducting initial due diligence. Gra
Expro Wins Business of the Year Award (UK)
Leading international oilfield services company, Expro, has won an award at the Stirling Business Awards on Thursday, 21 March. Expro won the award for Business of the Year (25 employees or more). The company’s Group Engineering office in Stirling is focused on new product development, providing a s