Fossil Energy
North Sea Independents Reveal Their Strategies at Oil & Gas UK’s Briefing
Leading figures from three dynamic independent oil and gas companies will present their strategies and views of the challenges ahead at Oil & Gas UK’s forthcoming breakfast briefing, sponsored by Endeavour Energy, on Tuesday 19 June at the Aberdeen Exhibition and Conference Centre. Tom Reynolds, chi
UK: Ashtead Technology Restructures Senior Management Team
Ashtead Technology, a market leading asset rental business, supplying specialist equipment and personnel to the offshore subsea oil and gas sector and the environmental consulting, non-destructive testing and remote visual inspection industries has restructured its senior management team as it conti
Oil Production in May Above NPD’s Forecast (Norway)
The Norwegian Petroleum Directorate, a governmental specialist directorate and administrative body, today released preliminary production figures for May 2012. Preliminary production figures for May 2012 indicate an average daily production of about 2 007 000 barrels of oil, NGL and condensate. This
Faroe Islands: Statoil to Spud Brugdan II Well Soon
Norway’s oil giant Statoil has completed drilling operations at Glitne oil field located in the Norwegian North Sea. The latest well at Glitne, drilled by the COSL Pioneer semi submersible rig, proved to be a dry-hole. According to the owner of the rig, COSL Pioneer, on June 6, departed the Glitne l
UK: Antrim Gets Extension for Fyne FDP Deadline
Antrim Energy Inc. Antrim, an international oil and gas exploration and production company headquartered in Calgary, Canada, today announced it has been granted an extension for the submission of a Field Development Plan (“FDP”) for the Fyne Field in UK Central North Sea licence P077 Block 21/28a (t
UK: Cairn to Acquire Nautical for USD 644 Million
Cairn and Nautical have reached agreement on the terms of a recommended cash offer to be made by Capricorn (a subsidiary of Cairn) for the entire issued and to be issued share capital of Nautical. Under the terms of the Offer, Nautical Shareholders will be entitled to receive 450 pence in cash for e
Norway: PSA Inspects Emergency Preparedness for Knarr FPSO
The Petroleum Safety Authority Norway (PSA) conducted an audit of Teekay Petroljarl’s (TKPJ) planning and establishment of emergency preparedness for Knarr FPSO on 29 May 2012. As part of the development of the Knarr field outside western Norway, BG Norge has awarded TKPJ a contract for construction
Fastnet Awarded Licensing Options over Celtic Sea Blocks (Ireland)
Fastnet, the newly listed E&P company focussed on near term exploration acreage in the Celtic Sea and Africa, was notified on 11 June 2012 by the Petroleum Affairs Division of the Irish Department of Communications, Energy and Natural Resources (“PAD”) that it has been awarded licensing options (“Li
Danish Semco Upgrades Rigs for North Sea Oil Majors
Semco Maritime is as busy as ever with rig upgrades. In the spring and summer, six jack-up rigs from the North Sea will be extensively upgraded at the company’s new rig facilities in the Port of Esbjerg. The company expects the turnover for rig projects to reach 500 million Danish kroner globally th
Ulstein-Built Polarcus Amani Nominated for Ship of the Year 2012
The seismic vessel Polarcus Amani, designed and constructed by ULSTEIN, is one out of three vessels nominated for Ship of the Year 2012. The ship was delivered in March this year, while her sister vessel will be delivered later this month. “To be nominated, the ship must be delivered during 2012, bu
Caley Takes Part in Deepwater Installation JIP (UK)
Offshore handling equipment specialist, Caley Ocean Systems is taking part in a Joint Industry Project (JIP) into the Requirements for Certification of fibre rope-based, Deepwater Installation Systems that will ultimately be incorporated in a new standard for Offshore Deployment and Recovery Systems
BP Supports Xcite at Bentley (UK)
Xcite Energy announces that it has amended its agreement with BP Oil International Limited (“BPOI”), a wholly owned subsidiary of BP plc (“BP”), as announced on 28 January 2010, under which BPOI will provide the offtake services to market and sell the Bentley crude oil in return for an incentive-bas
Norway Approves Edvard Grieg Field PDO
Lundin Petroleum AB has received final approval for the plan for development and operation (PDO) for the Edvard Grieg field (previously known as Luno) from the Norwegian Parliament. The Norwegian Ministry of Petroleum and Energy concurred with the field development plan in April 2012. The Edvard Gri
Shell Offshore Workers Walk to Work (UK)
Babcock has successfully completed the first phase of a contract awarded by Shell, to integrate a novel self-stabilising gangway system onboard the subsea construction vessel MV Island Enforcer, providing pedestrian access for workers from vessel to offshore platform as required. The integrated syst