The Stavanger-based oil company Agora Oil & Gas AS (“Agora”) has established a portfolio of 11 licenses in the North Sea Basin. Since Agora was founded 2 years ago the company has participated in 10 exploration and appraisal wells. A further 9 wells are planned in the 2012 drilling campaign, expecte
NCS Survey, an Acteon company, has been awarded a major rig positioning contract by Shell. The contract covers Shell’s four entities in Europe; Shell UK Ltd, Nederlandse Aardolie Maatschappij BV, A/S Norske Shell and Shell E&P Ireland Ltd. The contract is for three years with two one-year extension
BW Offshore, the world’s second largest Floating Production Storage and Offloading (FPSO) owner and operator, reports an EBITDA of USD 72.8 million in the fourth quarter of 2011 compared to USD 76.7 million in the previous quarter. The decrease resulted mainly from the lower revenues from the OSX pr
The official opening of the all-new KONGSBERG Offshore Vessel Simulator at the SimSea AS maritime training centre in Haugesund, Norway, took place on the 9th February 2012. The simulator, which is part of a 1300m2 simulator park, is one of the most advanced of its kind, offering fully integrated tra
Fairfield Energy Limited, the North Sea focused independent oil and gas exploration, development and production group, has agreed to farm-out a 50% interest in licences P184, P474 and P1634 to TAQA Bratani Limited. In consideration for the farm-in to the licences, which are collectively known as Dar
A Cyprus-based seismic specialist SeaBird Exploration PLC has entered into multiple contracts of a varying nature. Firstly, SBX has entered into contracts for multiclient data sales relating to the Perdido survey in the US Gulf and for the late sales of a survey in the Barents Sea. These two contrac
Expro has been awarded its single biggest power connector order to date with a contract worth in the region of £7.3million. Aker Solutions, of Norway, has ordered high-voltage subsea connectors for the subsea gas compression system the company is developing for Statoil at the Åsgard field, which is
The Norwegian Petroleum Directorate, a governmental specialist directorate and administrative body today released preliminary production figures for January 2012. The figures indicate an average daily production of about 2 037 000 barrels of oil, NGL and condensate. This is an increase of 47 000 bar
Providence Resources P.l.c., yesterday confirmed the forward programme for Frontier Exploration Licence (FEL) 3/04, which contains the Dunquin exploration prospect. ExxonMobil Exploration and Production Ireland (Offshore) Limited (27.5% interest) operates FEL 3/04 on behalf of its partners, Eni Irel
Prosafe, the world’s leading owner and operator of accommodation/service rigs, announces that Talisman Energy Norge AS has extended the contract for the semi-submersible multi-service vessel Regalia at the Yme field until end August 2012. The extension of 198 days has a gross value of USD 57.4 milli
The Maersk Resolve drilling rig has arrived at the Luna location, jacked up out of the water and made ready for drilling operations. Noreco has advised that the well was spudded on Sunday 12th February. The Luna well, located in in license 1/11, offshore Denmark, will be drilled to a depth of 2,250
Songa Offshore, an international offshore drilling company operating a fleet of 6 semi-submersible rigs with an additional 2 on order, reports total comprehensive income for the fourth quarter of 2011 of USD 35.8 million. Operating revenue for the fourth quarter was USD 96.3 million. This includes m
Det norske oljeselskap ASA, operator of production licence 414, is in the process of concluding the drilling of wildcat well 25/6-4 S. The well is being drilled in the central part of the North Sea, about 20 km southeast of the Frøy field and 37 km northeast of the Heimdal field. The primary explora
Total has awarded Kvaerner an EPSC-contract (Engineering, Procurement, Supply and Construction) of close to NOK 1.2 billion (USD 209 million) for delivery of a steel jacket to be located at the Hild Field offshore the Norwegian North Sea. “We are very pleased to have won our second jacket this year
