Last Friday, Shell divers closed the relief valve from which oil had been seeping. No oil has been released from the flowline, or release valve, since that point. Continuous monitoring is being carried out to ensure that no releases have occurred. A reconnaissance flight on Tuesday evening reported
Sea Trucks Group, one of the largest and fastest growing oil and gas marine contractors in West Africa, announced the appointment of Robert-Jan van Acker as its Chief Executive Officer. Mr. Robert van Acker (39) has over 13 years experience in the international marine industry. He joins Sea Trucks f
Seadrill today reported consolidated revenues for the second quarter 2011 of US$995 million compared to US$1,110 million for the first quarter 2011. The reduction is due to de-consolidation of Archer Limited from end of February. Highlights Seadrill generates second quarter 2011 EBITDA of US$579 mil
The top management at Wintershall is acquiring additional support: the Board of Executive Directors of Wintershall Holding GmbH is currently being expanded from four to five board departments and Mario Mehren, currently a division head at Wintershall, will take over the new position from 1.10.2011.
Lundin Petroleum announced that drilling of appraisal/exploration well 16/2-9S on the Aldous Major North structure has commenced. The well is located in licence PL265 in the Norwegian North Sea. The Aldous Major North structure is believed to be the north-westerly continuation of the Aldous Major S
Shell has received approval to start removing residual oil and gas from a pipeline that leaked from the Gannet platform in the North Sea. Source: Subsea UK [mappress] Source: Subsea UK, August 24, 2011;
Faroe Petroleum plc announces an oil discovery in its first operated exploration well on the Fulla prospect in the west of Shetland (Faroe Petroleum 50% and operator). Highlights The 206/5a-3 exploration well discovers oil in the Fulla prospect The well penetrated a gross oil column in the well of 1
Statoil Petroleum AS, operator of production licence 50, is about to complete the drilling of wildcat well 34/10-52 A and sidetrack 34/10-52 B. The wells proved oil and gas. The wells were drilled on a fault segment in the southern part of the Gullfaks Sør field, located in the northern part of the
In 2010, SOCAR received 150,400,000 cubic meters of natural gas as part of this project. Reported by: Rufat Abbasov (news.az) [mappress] Source: news.az, August 24, 2011;
Tullow Oil plc, the independent oil and gas exploration and production Group, today announced its half-yearly results for the six months ended 30 June 2011. 2011 Half-yearly results summary Tullow had a very strong first half. Record results were driven by increased production from the Jubilee field
Vroon Offshore Services (VOS) have taken delivery of a new addition to their offshore fleet. The VOS Triton, a 1,400 dwt anchor handling tug support (AHTS) vessel built at the Fujian Shipyard in China, was delivered on 22 August 2011, in China. The vessel will operate out of Singapore and will be ma
LUKOIL-Nizhnevolzhskneft, a wholly-owned subsidiary of LUKOIL, summarized phase one of space monitoring in the northern part of the Caspian Sea in 2011. The analysis of satellite images did not show any oil contaminations in the Severny license block connected with the operations at the production f
Geophysical survey vessel Gilavar was delivered to Caspian Sea on 1 August to hold 3D seismic exploration works on offshore Shafag-Asiman… Source: news.az [mappress] Source: news.az, August 23, 2011;
GL Noble Denton, the global independent technical advisor to the oil and gas industry, has appointed Peter Russell-Smith to its Management Team as Executive Vice President for Business Development, General Manager. A qualified engineer and certified management accountant, Peter brings considerable e
