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Fossil Energy

Ocean Installer Moves to New HQ (Norway)
Fossil Energy

Ocean Installer Moves to New HQ (Norway)

The Norwegian subsea entrepreneur Ocean Installer is moving into new headquarters in Stavanger to accommodate for the strong growth the company has experienced over the last year. “This expansion of our Stavanger base shows that we are developing in line with our long-term growth strategy. We are ve

about 14 years ago
Schlumberger Introduces Saturn 3D
Fossil Energy

Schlumberger Introduces Saturn 3D

Schlumberger on Friday introduced the Saturn 3D radial probe as the newest module for the MDT modular formation dynamics tester. With the Saturn probe, customers can now obtain pressure measurements and fluid samples where they were not previously possible due to reservoir conditions. “Customers exp

about 14 years ago
Iceland: Energy Authority Sends Exploration Licences Drafts
Fossil Energy

Iceland: Energy Authority Sends Exploration Licences Drafts

The National Energy Authority has nearly finished processing the applications received in the second licensing round for exploration and production of hydrocarbons on the Icelandic continental shelf.

about 14 years ago
TAQA Bratani Sponsors 27th Offshore Achievement Awards (UK)
Fossil Energy

TAQA Bratani Sponsors 27th Offshore Achievement Awards (UK)

Following a successful re-launch last year, the Society of Petroleum Engineers Aberdeen Section is again hosting the Offshore Achievement Awards with the support of main sponsor TAQA Bratani. This year will see the ceremony move to the Aberdeen Exhibition and Conference Centre to meet the huge deman

about 14 years ago
GSP Jupiter Starts Drilling Offshore Romania
Fossil Energy

GSP Jupiter Starts Drilling Offshore Romania

Romania’s GSP Offshore has informed that its GSP Jupiter rig mobilized for the new contract on the 28th of September. The rig moving operation has started immediately after the conclusion of the drilling operations the MODU performed in the Turkish national waters for TPAO. Under the newly started c

about 14 years ago

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Yme Platform Could Collapse, Talisman Says
Fossil Energy

Yme Platform Could Collapse, Talisman Says

Talisman Energy, operator of Yme field in the Norwegian sector of the North Sea, has sent a letter to the Norwegian authorities warning that the Yme MOPUstor platform, evacuated this summer, could collapse into the sea this winter. The operator has said that fixes are necessary in order to avoid suc

about 14 years ago
Ecosse Subsea Completes Seabed Work at Laggan-Tormore (UK)
Fossil Energy

Ecosse Subsea Completes Seabed Work at Laggan-Tormore (UK)

Ecosse Subsea Systems has completed a major seabed clearance project on the Laggan-Tormore project west of Shetland on behalf of TOTAL E&P Ltd and its partner DONG E&P (UK) Ltd. The Aberdeen subsea technology company deployed its SCAR1 trenching tool to remove up to 1000 boulders which were delaying

about 14 years ago
PSA Approves Marathon’s Diving Ops Offshore Norway
Fossil Energy

PSA Approves Marathon’s Diving Ops Offshore Norway

Marathon Oil Norway AS (Marathon) has been granted consent to conduct manned underwater operations on Volund and Alvheim fields, both located in the Norwegian part of the North Sea. Marathon will conduct manned underwater operations in connection with installation of equipment for connection of new

about 14 years ago
Lamprell Looking for New CEO, CFO and COO
Fossil Energy

Lamprell Looking for New CEO, CFO and COO

Lamprell, a leading provider of diversified engineering and contracting services to the onshore and offshore oil & gas and renewable energy industries, announces that Nigel McCue is standing down as Chief Executive and as a director of the Company. Peter Whitbread, former Chief Executive who was wit

about 14 years ago
Douglas-Westwood: Floating Production Expenditure to Double by 2017
Fossil Energy

Douglas-Westwood: Floating Production Expenditure to Double by 2017

Douglas-Westwood (DW) forecast that between 2013 and 2017 $91bn will be spent on floating production systems (FPS) – an increase of 100% over the preceding five-year period. This growth is driven by factors such as a larger proportion of newbuilds and conversions compared to redeployments, a greater

about 14 years ago

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Salina Discovery Not Commercial, Det Norske Says (Norway)
Fossil Energy

Salina Discovery Not Commercial, Det Norske Says (Norway)

On 7 September 2012, Det norske oljeselskap ASA announced the discovery of hydrocarbons in the Salina prospect in production license 533, operated by Eni. The operator has now completed the drilling of well 7220/10-1. The well confirmed the existence of gas in two reservoir units; in the Cretaceous

about 14 years ago
Reef Subsea Introduces Trench ROV (UK)
Fossil Energy

Reef Subsea Introduces Trench ROV (UK)

Reef Subsea today announced that its subsidiary company, Reef Subsea Power & Umbilical, based in the North-East of England, with offices in Aberdeen, has launched a new innovative subsea Trench ROV in Newcastle upon Tyne. Reef Subsea Power & Umbilical’s new Q1000 Jet Trencher was unveiled today (4 O

about 14 years ago
Bridge Buys Stake in Boa Field
Fossil Energy

Bridge Buys Stake in Boa Field

Bridge, the AIM and Oslo Axess listed oil and gas exploration and production company, has completed the acquisition of a 1.55% working interest in the producing Boa field from OMV (U.K.) Limited for an adjusted consideration of $18.1m (the “transaction”) with an effective date of 1 January 2012. The

about 14 years ago
Farstad Takes Delivery of Far Solitaire PSV (Norway)
Fossil Energy

Farstad Takes Delivery of Far Solitaire PSV (Norway)

Platform supply vessel Far Solitaire (UT 754 WP) has today been delivered from STX OSV Langsten to Farstad Supply AS, a wholly owned subsidiary of Farstad Shipping ASA. The vessel, recently awarded a «Ship of the Year 2012» title by Skipsrevyen, will start a term charter contract with Statoil with a

about 14 years ago