Fossil Energy
Gazprom, Petrovietnam Pen Sci-Tech Deal (Russia)
Orenburg hosted the fifth meeting of the Joint Coordinating Committee (JCC) between Gazprom and Petrovietnam State Oil and Gas Corporation as part of the execution of the Strategic Partnership Agreement signed by the companies. The meeting was held by the JCC Co-Chairmen – Vitaly Markelov, Deputy Ch
Spectrum Starts 2nd Phase of Seismic Shoot in Brazil
Spectrum has started the next phase of its 2D campaign in Brazil to acquire an additional 6,000 km over the Foz do Amazonas basin. The program immediately follows on from the phase 1 survey of 15,000 km, which was completed successfully and ahead of time. The phase 2 survey will be completed in the
Lundin Receives Approval for Johan Sverdrup Appraisal Well (Norway)
Lundin Norway AS has received a drilling permit for well 16/3-5, cf. Section 8 of the Resource Management Regulations. The Norwegian Petroleum Directorate has informed that the well 16/3-5 will be drilled from the Bredford Dolphin drilling facility in position 58°46’31.59’’ north 02°42’18.59’’ east
Damen Opens Stavanger Office (Norway)
On 16 November 2012, Arnout Damen, COO of Damen Shipyards Group, officially opened a new office in Norwegian Stavanger. When asked why Dutch headquartered Damen Shipyards sets up an advanced base in Stavanger, its new Sales Manager Remko Hottentot said: “It is the European Oil & Gas capital and the
BP, Rosneft Sign SPAs for TNK-BP Transaction (Russia)
BP, Rosneft and Rosneftegaz — the state-owned parent company of Rosneft — have signed definitive and binding sale and purchase agreements (SPAs) for the sale of BP’s 50 per cent interest in TNK-BP to Rosneft and BP’s investment in Rosneft. BP and Rosneft agreed heads of terms for this transaction on
Statoil to Use Vigdis Facilities Beyond the Original Design Life (Norway)
Norway’s oil company Statoil has been granted consent for use of the subsea facility on Vigdis field in the North Sea, with associated risers and pipelines, beyond the original design life, up to expiry of the production licence in 2024. Vigdis is an oil field in block 34/7 in the northern part of t
Statoil’s First Fast-Track Project Comes on Stream
Statoil and partners have started up production on the Visund South oil and gas field in the North Sea. Visund South is the first of Statoil’s fast-track portfolio projects. “This is a milestone,” says Hogne Pedersen, head of field development on Visund South. “We’ve managed to carry out this projec
PSA Grants AoC for Transocean Spitsbergen Rig (Norway)
The Petroleum Safety Authority Norway (PSA) has granted an Acknowledgement of Compliance (AoC) for the Transocean Spitsbergen semi-submersible drilling facility. On 26 October 2012, Transocean Offshore Ltd NUF received an Acknowledgement of Compliance (AoC) for the Transocean Spitsbergen drilling fa
Transocean Barents Gets AoC from PSA Norway
The Petroleum Safety Authority Norway (PSA) has granted an Acknowledgement of Compliance (AoC) for the Transocean Barents semi-submersible drilling rig.
ROVOP to Create 60 Jobs (UK)
Rapidly growing and award winning energy services firm ROVOP is to create around 60 jobs to accompany the purchase of five remotely operated vehicles (ROVs). The Aberdeen-based subsea specialist will invest around £15million over the next 18 months in the workclass hydraulic machines, supplied by FM
Dyce Academy Pupils Winners of SPE’s Energy Apprentice Competition
Pupils from Dyce Academy in Aberdeen, UK, have been crowned winners of ICoTA (Intervention and Coil Tubing Association) and SPE Europe’s Energy Apprentice competition, beating three other Aberdeen and shire schools to the award. Along with Cults, Kemnay and Westhill Academies, the four schools were
PSA Investigates Pipe Rupture Incident at Mongstad Facility (Norway)
On Thursday, 8 November 2012, a rupture was discovered in a blow-down pipe for feed water in the cracker in the Mongstad facility. The PSA has decided to investigate the incident. The incident was discovered on Thursday, 8 November, at approx. 0545 hours, through an unusual amount of noise coming fr
Fred. Olsen Scraps Option for Another Semi at HHI (South Korea)
Fred. Olsen Energy ASA has decided against declaring the option for a second newbuild semi-submersible at Hyundai Heavy Industries Co. The option, had it been declared, would have been for another semi-submersible rig of Moss Maritime CS 60 E design from HHI. To remind, the company already has a sim
Bridge Energy: Mixed Results from PL457 (Norway)
Bridge Energy has provided an update on the progress of the ongoing 16/1-16 well on Wintershall-operated licence PL457 which is targeting four separate reservoirs: Heimdal formation, Åsgard formation (Noor), Hugin formation (Asha), and Zechstein group. The well was spudded on 24 October 2012 and dri