Fossil Energy
Skuld: Statoil’s Most Complex Fast-Track Project Comes On Stream
Statoil, with its partners Eni and Petoro, has started production from the Skuld field at Norne in the Norwegian Sea. Skuld is so far the quickest realised of Statoil’s 12 fast-track development projects, measured from discovery to production. Skuld consists of the two discoveries Fossekall and Domp
Transocean BoD Urges Shareholders to Reject Icahn’s Proposals
Swiss-based offshore drilling contractor Transocean Ltd. yesterday announced that its Board of Directors has reviewed the proposals submitted by Funds affiliated with Carl Icahn for vote at its 2013 Annual General Meeting of Shareholders. Icahn, the world’s 26th richest billionaire according to the
Wood Mackenzie: Global Gas Demand Continues to Grow Strongly
While gas demand in Europe will struggle to recover to pre-financial crisis levels until the latter half of this decade, overall global gas demand continues to grow strongly, Ben Hollins, Head of Gas & Power Research for Wood Mackenzie told delegates in a presentation at FLAME 2013 in Amsterdam. In
DeepOcean UK Charters Havila Phoenix
DeepOcean UK, Ltd, a subsidiary of DeepOcean Group Holding BV, today announced that the Company has entered into a long term charter of the Havila Phoenix. The vessel, equipped with 250 Tonne Crane, will be lengthened by 15 metres prior to delivery in Q1 2014 to 125m length by 23m beam. Two state of
DNV Appoints Head of UK Advisory Services
DNV, the multinational provider of risk management and sustainability services, has appointed Frank Ketelaars as its Head of UK Advisory Services to oversee a further growth in the oil and gas sector, drawing on a diverse and experienced pool of consultants. Ketelaars will have overall responsibilit
Statoil to Use Borgland Dolphin for Drilling in PL 090C, Norway
Statoil Petroleum AS has received consent to use the Borgland Dolphin rig to drill well 35/11-R-14 BH which is part of production licence 090C in the Norwegian North Sea. Water depth at the site is 368 metres. The planned start-up is 23 April 2013, with an estimated duration of 124 days. Borgland Do
Wärtsilä GasReformer Receives OTC 2013 Spotlight Award
This new patented product by Finland’s Wärtsilä has been recognised by the Offshore Technology Conference (OTC) with the 2013 Spotlight award for reducing offshore oil and gas sector operating costs while benefiting the environment.
BG Group: First Production from Everest East (UK)
BG Group today announced first production from its Everest East expansion project in the UK North Sea. This significant milestone is the second of seven projects BG Group plans to bring onstream in 2013 as outlined at BG Group’s annual results in February. The Everest East expansion comprises two su
TGS to Sell Fugro’s 2D Multi-Client Library (Norway)
TGS-NOPEC Geophysical Company ASA (“TGS”) announces a commercial agreement to sell Fugro’s 2D multi-client library. As a result of this agreement, Fugro provides TGS with an exclusive right to licence and market the majority of Fugro’s multi-client 2D library and receive commission fees on the sales
Oseberg Power Outage Causes Gas Leak. Production Shut Down
On Thursday afternoon, 14 March, there was a power outage on board the Oseberg field centre in the Norwegian part of ther North Sea, Statoil has reported. The power outage led to a gas leak, which has been stopped. The field centre has subsequently experienced additional power supply problems. Well
Top News of the Week March 11 – 16, 2013
Top News of the Week March 11 – 16, 2013
DNV KEMA Opens Multiphase Flow Laboratory in The Netherlands
Energy consulting and testing & certification company DNV KEMA on Friday, March 15,2012, officially opened a new Multiphase Flow Laboratory (MPFL) in Groningen, the Netherlands. The facility will allow equipment manufactures and oil & gas companies to test, validate and calibrate multiphase technolo
Half of the Oil and Gas Workforce Globally Could Retire by 2015, Warns Former SVP HR, Seadrill
HR faces big challenges in the oil and gas industry due to an ageing working force and huge skill shortages, according to Derek Massie, former SVP HR at deepwater drilling company, Seadrill.
Eni Raises Production Growth Target. Increases Capex
Eni, Italian oil company which hit the headlines yesterday after selling a 20% stake in its Offshore Area 1 in Mozambique to China’s CNPC for a sum of $4,21 billion, has published its 2013-2016 Strategic Plan. In the press release issued yesterday, Eni confirmed its strategy of production growth, ra