Fossil Energy
Faroe Petroleum Buys into Barents Sea Darwin Prospect (Norway)
Faroe Petroleum has acquired a 12.5% interest in the Darwin prospect in PL531 in the Norwegian Barents Sea. The Darwin prospect is a high impact wildcat exploration well located on the Veslemøy High in the frontier western part of the Barents Sea. The prospect is a large closure at multiple levels,
TAQA Spuds Contender Well in UK North Sea
Antrim, an international oil and gas exploration and production company headquartered in Calgary, Canada, today announced that it has been informed by operator TAQA Bratani Limited (“TAQA”) that drilling operations have commenced for the Contender prospect in UK Northern North Sea Block 211/22a Cont
DNV Releases Software for Analysis of Fixed Offshore Structures’ Strength
With the new 6.3 version of Sesam GeniE, DNV Software introduces an innovative method of strength analysis through the entire lifecycle of fixed offshore structures. The solution improves the efficiency and reliability of the critical data handling, increasing the operation’s security and profitabil
Genel Buys 75 Pct Stake in Area 4 Offshore Malta
Genel Energy announces that it has agreed to farm in for 75 per cent of Mediterranean Oil and Gas Plc’s (MOG) licence interests to explore for and produce oil and gas in the Area 4 Offshore Malta (“Area 4”). Under the Transaction, Genel Energy will acquire a 75 per cent participating interest in the
Poulsen to Take Over Dong Energy CEO Seat Next Week (Denmark)
Dong Energy has informed that Henrik Poulsen will officially take over as the company’s CEO on Monday, August 27. Poulsen says that he is looking forward to meeting his new colleagues and get an introduction to the business units, customers, shareholders and DONG Energy’s different locations from po
GSP Denies Rumors of Selling Pipelay Vessel (Romania)
Romania’s GSP Offshore has denied reports by some media which claimed that the company was in negotiations to sell it pipelay vessel, GSP Falcon. Contrary to reports, GSP said that “there are no negotiations underway for its pipelay vessel GSP Falcon to be sold. GSP Falcon is currently operating in
Foster Wheeler Opens Upstream Office in UK
Foster Wheeler AG announced today that the company is planning to open a new upstream office in Woking, UK, expanding its existing upstream capability in response to its success in this market sector and the growth opportunities this market offers. The new office in Dukes Court, Woking, is being est
VIDEO: Marine Seismic Survey with Robots
Seismic surveys are the primary means by which geologists find possible places where oil or gas is hiding underground. They involve digitally processing recordings of seismic waves — essentially sound waves — to create images of rock layers.
North Energy Hoping to Benefit from 22nd Offshore Licensing Round (Norway)
A total of 86 blocks have been put on offer in Norway’s 22nd offshore licensing round. These include 72 in North Energy’s back yard, the Barents Sea. With eight licences already in this part of the Norwegian continental shelf and its head office in Finnmark county, the North Energy ASA is well posit
Statoil, Petoro Splashing $1.4 Bln to Boost Gullfaks South Production (Norway)
Statoil and its partner Petoro have decided to further develop Gullfaks South in the North Sea by investing NOK 8.5 billion (USD 1.44 billion) in two new subsea templates and six extra wells. This will boost recovery by 65 million barrels of oil equivalent. Increasing recovery from Gullfaks South wi
PSA Releases Report Statoil’s Gudrun Handling (Norway)
During the periods 14 May and 13-15 June 2012, the Petroleum Safety Authority Norway (PSA), conducted an audit of Statoil’s facilitation of working environment and material handling in the design and construction of the Gudrun facility. The objective of the audit activity was to follow up how Statoi
Center for Offshore Structural Expertise Established in Denmark
A new centre for offshore structural expertise has emerged as a result of an expansion of Ramboll Oil & Gas head office in Esbjerg, Denmark. A highly specialised environment comprising engineers and technicians is located in the Danish offshore capital, Esbjerg. These specialists work exclusively wi
TGS Begins 3D Survey at the Faroe Shetland Basin
TGS has commenced acquisition of a 3D multi-client survey covering 1,520 km2 in Quads 208 and 217 of the Faroe Shetland Basin on the UK Continental Shelf, West of Shetlands. The Erlend West 2012 (EW12) survey is the industry’s first 3D survey in this northern area and covers the western most margin
Aker Solutions Achieves Skuld Milestone (Norway)
Aker Solutions has successfully completed the manufacturing and subsequent load-out of one template and three manifolds for Statoil’s Skuld field in the Norwegian Sea. “Together with Statoil our project team has worked tirelessly to complete this important milestone. I’m proud of my colleagues and s