In the week beginning 30 May, the PSA audited the working environment on board the drilling facility Maersk Reacher. Objective The purpose of the audit activity was to verify that the company’s management systems and technical conditions on the facility had been established and safeguarded in accord
Aker Solutions won a contract from Daewoo Shipbuilding & Marine Equipment to supply a complete drilling equipment package for a new deepwater drill ship. The contract is worth about NOK 540 million. The drill ship will be owned and operated by Tungsten Explorer Company, a subsidiary of Vantage Drill
The Board of Directors of Ezion Holdings Limited (the “Company” or “Group”)announced that its joint venture company, “Atlantic Labrador Pte Ltd” (“Atlantic”) has secured a charter contract with a value of up to USD 73.0 million over a 4 year period to provide a North Sea Class accommodation jack-up
Rolls-Royce, the global power systems company, today announced orders worth over £100 million to supply propulsion systems for offshore construction and drilling vessels. The ships will be built at shipyards in Asia for a range of ship owners including Seadrill, Pacific Drilling, Noble, Ocean Rig an
The Directors to Kvaerner’s Board have been elected. From Kvaerner’s first day of trading on the Oslo Stock Exchange in July 2011, the Board of Directors will consist of five shareholder-elected members as well as three members elected by Kvaerner’s employees. The shareholder-elected members are Kje
STX OSV Holdings Limited , one of the major global designers and shipbuilders of offshore and specialized vessels, announced today that it has entered into a joint venture with Industrial Control Design AS (“ICD”) of Norway to establish a new company for the development of offshore handling systems.
Cairn announces a number of changes to the composition of its board of Directors all of which will be effective from 1 July 2011. The Non-Executive Chairman, Norman Murray, will stand down from the board, as will Malcolm Thoms, Chief Operating Officer and Philip Tracy, Group Engineering and Operatio
Emissions of CO2 and NOx from petroleum activities are relatively stable. Discharges to the sea of produced water and oil have not changed much in the last few years either. The authorities and the oil industry agree that there are too many accidental discharges on the Norwegian shelf. The operators
Det norske oljeselskap ASA has as license partner made a gas discovery in the Norvarg prospect in the Barents Sea license 535, operated by Total E&P Norge AS. Exploration well 7225/3-1 has not been completed. Preliminary well data indicate gas at three different levels, a significant part of it in t
A/S Norske Shell (Shell) has been granted consent for use of the mobile well intervention facility Island Constructor for maintenance of subsea facilities on the Draugen field. In September 2010, Shell was granted consent to perform maintenance on wells A55H and B2H . However, the work was postponed
Total E&P Norge AS (Total) has received consent to carry out exploration drilling of well 6607/12-2S in the Norwegian Sea with the Songa Delta mobile facility. The well will be drilled in production licence 127, with Total as the operator (50%) and Statoil as partner (50%). The well is located in th
BG Norge AS (BG) has received consent to carry out exploration drilling of well 34/3-3S in the northern part of the North Sea with the West Alpha mobile facility. The well is part of production licence 373S with BG (45%) as the operator. The other licensees are Idemitsu Petroleum (25%), Wintershall
Preliminary production figures for May 2011 indicate an average daily production of about 1 829 000 barrels of oil, NGL and condensate. This is a decrease of 266 000 barrels compared to April. Gas production was about 6.3 billion Sm3, which is a decrease of 1.1 billion Sm3 compared to the previous m
Statoil today celebrates its 10th anniversary as a listed company. Statoil shares are traded on the New York and Oslo stock exchanges. Statoil has evolved from mainly a Norwegian player into a global company well situated in the most attractive areas worldwide. We have developed a sharper profile an
