Reinforcing its position as a leading supplier of subsea technology for North Sea oilfield projects, GE Oil & Gas announced at Offshore Europe 2011 that it will provide subsea production equipment to Valiant Causeway Ltd. for the development of the Causeway Field. GE will supply two subsea productio
Wood Group, the international energy services company, is focusing on growing its world-leading engineering, production facilities support and gas turbine services businesses following the acquisition of PSN and the disposal of its Well Support division. To facilitate engineering growth, the Engine
GE Oil & Gas subsea systems and services have been selected by Ithaca Energy (UK) Ltd. for the Stella oil and gas field development project in the Central North Sea, GE reported today at Offshore Europe 2011. Under a contract of $17 million, GE will supply an integrated package of “S” Series shallow
Deepwater drilling and performance improvement specialist Exceed is exhibiting for the first time at Offshore Europe’s Deepwater Zone (Stand 6C27) following a record year for the business. The Aberdeen-based company surpassed targets to turn over £5.2million ($8.5million) in 2010/11 and has taken on
Leading international oilfield service company Expro will be showcasing a range of its latest technologies, which enable it to offer the complete package of solutions across the entire well lifecycle, at the Offshore Europe conference and exhibition in Aberdeen, September 6 – 8. Deepwater developmen
Following the successful construction and pre-commissioning completion (including pressure testing, cleaning, drying, filling with nitrogen in order to eliminate any oxygen), Nord Stream has moved to a new milestone. On 6 September, Nord Stream will start filling the first line with the so-called bu
Schlumberger announced today at the Offshore Europe 2011 Oil and Gas Conference and Exhibition the release of the FORTRESS* isolation valve. The FORTRESS valve simplifies the transition from upper completion to production without the need for intervention. “The FORTRESS isolation valve was designed
On behalf of its co-venturers BP announces an agreement to invest up to £700 million (USD 1.128 billion) to progress a project to develop the Kinnoull reservoir in the central North Sea. Kinnoull is the largest of three reservoirs that are being developed as part of the Andrew Area developments proj
The Ferguson Group, specialists in the rental of containers, accommodation modules and engineering modules to the offshore energy industry around the world, is expanding its international presence in response to customer demand for its products. Over the coming months, a new base will open in Dubai,
In 2010 Amarcon’s OCTOPUS-DP Capability forecast for efficient offshore DP operations was brought to the market. The OCTOPUS-DP functionality gives offshore vessels the possibility to make optimum use of a safe time window for their weather-sensitive operations. The first installation of the OCTOPUS
Rolls-Royce, the global power systems company, has won an order from Norwegian ship builder Simek AS to design and equip a UT755 LC platform supply vessel. The contract includes a fully integrated Rolls-Royce power and propulsion system including main engines, propellers and tunnel thrusters. Deck m
A new well-capping device, aimed at combating a major oil and gas offshore incident, it set to be unveiled at Offshore Europe in Aberdeen… Source: bbc.co.uk [mappress] Source: BBC,September 6, 2011;
Norwegian Energy Company ASA (Noreco) in August 2011 produced 3,995 barrels of oil equivalents (boe) per day. Net realized oil price was USD 110 per boe after adjustments for oil put options, inventory, NGL and gas prices. Production per field (boe): Nini East – 2.287 Nini – 950 Cecilie – 354 Lulita
TGS has commenced a new 1,000 km multi-client 2D survey in Northeast Greenland in partnership with Fugro. This survey will enable customers to prepare for the announced Greenland Licensing Round in 2012/2013 and will significantly add to a data set that TGS has been growing since 2008 in this promis