Dragon Oil plc , an international oil and gas exploration, development and production company, announces that on the basis of a comprehensive review of the current performance and production potential of the Cheleken Contract Area that has been carried out in 2011, the Group expects to reach a produ
Technip was awarded by Valiant Causeway Limited a lump sum contract, worth approximately €33 million, for the Causeway field development. This field is located about 450 kilometers North-east of Aberdeen, Scotland at a water depth of 150 metres. This contract covers engineering, procurement, install
TNK-BP announces that Deputy Chairman of TNK-BP Management Board Maxim Barskiy has decided to leave TNK-BP as of 1 November in order to carry on his professional career outside of the Company. Maxim Barskiy was appointed Deputy Chairman of the Management Board on June 1, 2010 and performed managemen
The Norwegian Petroleum Directorate (NPD) has granted RWE Dea Norge AS a drilling permit for well 6507/7-15 S, cf. Section 8 of the Resource Management Regulations. Well 6507/7-15 S will be drilled from the West Alpha drilling facility in position 65°25’31.81” north and 7°05’56.11” east. The drillin
The Norwegian Petroleum Directorate (NPD) has granted Dong E&P Norge AS a drilling permit for well 7121/9-1, cf. Section 8 of the Resource Management Regulations. Well 7121/9-1 will be drilled from the Aker Barents drilling facility in position 71°15’13.97” north and 21°42’41.86” east. The drilling
ABB, the leading power and automation technology group, has successfully commissioned a power link from the southern Norwegian mainland grid to BP’s Valhall multi-platform complex in the North Sea. The HVDC Light (high-voltage direct current) link is a highly reliable, cable based state-of-the-art p
Russia hopes to invest up to $225 billion in offshore oil and gas exploration through 2030 and may introduce tax breaks to attract foreign… Source: News.com.au [mappress] Source: news.com.au, October 21, 2011;
During 2012 the Norwegian Petroleum Directorate (NPD) is planning to acquire 2D seismic data from the Norwegian Continental Shelf North of 64 degrees North. The scope of the mapping is planned to be 10,000-19,000 line kilometres. Due to a tight timescale preference will be given to tenderers who can
Multi-Client seismic specialists, Spectrum, have released details of over 10,000 km of 2D Multi-Client seismic data located over the Dreki/Jan Mayen Ridge (JMR) area offshore the north-eastern coast of Iceland. These datasets are situated within the acreage being offered by the National Energy Autho
More than 1,000 figures from across the oil and gas industry are expected to gather in Aberdeen to discuss future projects planned on the UK Continental Shelf (UKCS). PILOT Share Fair, sponsored by CAN, will see major companies present details of upcoming work to a host of small and medium-sized sup
Norwegian Energy Company (Noreco) has entered into an agreement to sell its 20 percent share of license PL435 on Haltenbanken to OMV (Norge) AS. License PL435 contains the gas discovery Zidane-1 which was made in 2010. This discovery is estimated to contain between 5 and 18 billion standard cubic me
Statoil ASA , together with partners Petoro AS, Det norske oljeselskap ASA and Lundin Norway AS, has confirmed significant additional volumes in its appraisal well in the Aldous Major South discovery (PL265) in the North Sea. The results of appraisal well 16/2-10 have increased production license PL
CCA Offshore Container’s presence at the Offshore Energy Convention turned out to be a big success. Ter Haak daughter CCA’s stand was well patronized, with visitors being mostly responsible for their companies investments. The offshore industry is on the rise and in combination with the high quality
GC Rieber Shipping has signed a two year contract for its second subsea newbuild with the Mexican company Oceanografia. The vessel, which will be named “Polar Queen”, has recently been handed over from the Spanish shipyard Freire Shipyard, and the contract will start up in November. Three of the fou