Fossil Energy
Gastech: Wood Mackenzie Comments on Gas Prices Future (UK)
Wood Mackenzie’s presentation at Gastech in London looks at events since the last Gastech conference, 19 months ago, and considers where global gas prices are headed. Presently the global gas market is characterised by disparate regional markets. But events of the last two years appear likely to cre
Fairfield Invests Millions in Dunlin Upgrades (UK)
Fairfield Energy Limited, the private, North Sea-focused independent oil and gas company, has invested £70 million in improvements at its Dunlin platform to help increase and sustain production. This is part of a number of developments reinforcing the operator’s commitment to Dunlin and the wider No
Shell Gets Ormen Lange Subsea Template Consent
The Petroleum Safety Authority Norway (PSA) has granted AS Norske Shell consent to use Ormen Lange subsea template C with associated pipelines. The consent includes use of Ormen Lange subsea template C and manifold with associated intra-field pipelines,intrafield umbilical and pipeline end modules.
Maersk Oil Aiming at 400,000 Bpd (Denmark)
Today, at the A.P. Moller- Maersk Group’s Capital Markets Day, Maersk Oil will unveil the individual components of its targeted 400,000 barrels of oil per day and disclose resources and reserves. APM Terminals will present its strategy to become the leading port and inland terminal operator. Maersk
Ithaca Buys North Sea Assets from Noble Energy (UK)
Ithaca Energy Inc. announces that it has entered into agreements with Noble Energy Capital Limited to acquire two wholly owned UK subsidiary companies that will hold non-operated interests in UK North Sea producing fields; a 12.885% interest in the Cook field and a 14% interest in the MacCulloch fie
DNV: No Conclusions Yet on Yme Platform Condition
DNV today announced it has not confirmed that the Yme-platform, located in the Norwegian sector of the North Sea, is fit for duty as stated in the Norwegian technical newspaper (TU) published October 5th. DNV’s role is to act as an independent third party and ensure that the Yme platform is complete
Inchcape, Palumbo Enter Strategic Partnership
Inchcape Shipping Services (ISS), the world’s leading maritime services provider, is teaming up in a new strategic partnership with offshore logistics and freight forwarding specialist Palumbo S.P.A. to form ISS Palumbo S.r.l. The new partnership combines ISS’ worldwide network with Palumbo’s core c
Lukoil, Saipem Pen Deal for Vladimir Filanovsky Field Development
OOO LUKOIL-Nizhnevolzhskneft (a wholly-owned LUKOIL subsidiary) and Saipem SPA (Italy) last week signed a contractfor transportation and installation of production facilities as part of the infrastructure development at the Vladimir Filanovsky field in the Northern Caspian Sea. The agreement provide
Both Nord Stream Pipelines Now Fully Operational
Just 30 months after the start of construction of its first pipeline, Nord Stream’s twin pipeline system came on stream today, on schedule and on budget. International specialists worked around the clock under the most challenging conditions to construct the pipelines with a total weight of 4 millio
DOF Wins Tordis Field Subsea Contract (Norway)
Norwegian-based specialist subsea service company DOF Subsea Norway AS has secured a contract with Statoil Petroleum AS for the Tordis Flex Jumper Replacement – Marine Operations part of the Tordis Flex Jumper Replacement Project. The contract is for removal of flexible flowline ends, installation o
Total, ExxonMobil in North Sea Assets Exchange (Norway)
Total has today announced an exchange of interests with ExxonMobil in a range of producing and undeveloped North Sea assets on the Norwegian Continental Shelf. In exchange for its interests in the PL089 license (5.6%) and the Sygna (2.52%), Statfjord Øst (2.8%) and Snorre (6.18%) fields, Total will
Acteon at Oil & Gas UK Offshore Decommissioning Conference
Acteon will showcase its integrated decommissioning services at the Oil & Gas UK Offshore Decommissioning Conference in St Andrews, UK, 9–11 October 2012. Decommissioning is a vital part of Acteon’s market Acteon vice president Neill Kelly said, “Our involvement in this high-profile event underlines
Total: Atla Comes On Stream (Norway)
Total announces the start-up of its Atla gas condensate field in the Norwegian North Sea. Atla was brought into production two years after completion of exploration drilling. The Atla field is part of the PL102C license and is located in block 25/5. Partners are Total E&P Norge 40% (operator), Petor
Fairmount Presents at Offshore Energy 2012 (The Netherlands)
Fairmount Marine, the world leader in the field of long distance towing of the largest and most valuable objects afloat, such as caissons, FPSOs and semi-submersible drilling rigs, will once again exhibit at the Offshore Energy Event in Amsterdam. The two-day Offshore Energy 2012 (OE12) event will t