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Fossil Energy

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South Korea’s Samsung Heavy to Construct Topsides for Statoil’s Valemon Platform
Fossil Energy

South Korea’s Samsung Heavy to Construct Topsides for Statoil’s Valemon Platform

Statoil is to choose Samsung Heavy Industries for construction of the topsides for the Valemon platform. The contract is worth an estimated NOK 2.3 billion(USD 414 million) . The award has taken place in wide-ranging international competition among pre-qualified suppliers. “We’ve awarded the assignm

about 15 years ago
TGS, Fugro Start Extensive Seismic Programme in Northwest Europe
Fossil Energy

TGS, Fugro Start Extensive Seismic Programme in Northwest Europe

TGS commences the 2011 summer season with three 2D surveys in cooperation with Fugro; North Sea Renaissance 2011(NSR11), Mid-Norway Regional 2011 (MNR11) and Norwegian Barents Sea 2011 (NBR11). The data to be collected includes approximately 10,000 km for NSR11 which is a regional infill West of She

about 15 years ago
Norway: North Atlantic Drilling Receives LOI for West Alpha Rig
Fossil Energy

Norway: North Atlantic Drilling Receives LOI for West Alpha Rig

North Atlantic Drilling Ltd., in which Seadrill has a 75 percent ownership, has received a letter of award for the semi-submersible drilling rig West Alpha for operations on the Norwegian Continental Shelf. The letter of award covers a two-well commitment in the Balder field, with an estimated firm

about 15 years ago
UK: Caley Ocean Systems Introduces 400 Tonne Modular Turntable Spooler
Fossil Energy

UK: Caley Ocean Systems Introduces 400 Tonne Modular Turntable Spooler

Offshore handling equipment specialist, Caley Ocean Systems Ltd has designed and built what is believed to be the most adaptable offshore… Source: SubseaUK [mappress] Source: Subsea UK, May 17, 2011;

about 15 years ago
USA: ANSYS Software Speeds Up Cognity’s Offshore Drilling Project
Fossil Energy

USA: ANSYS Software Speeds Up Cognity’s Offshore Drilling Project

Cognity, an Aberdeen, Scotland-based design consultancy, has completed an offshore oil drilling project 75 percent faster and more cost effectively than conventional design methods would allow, using simulation software from ANSYS. The project involved a design for conductor casing, the pipe that is

about 15 years ago
Trans Adriatic Pipeline Starts ESIA Process in Italy
Fossil Energy

Trans Adriatic Pipeline Starts ESIA Process in Italy

The Trans Adriatic Pipeline (TAP) announced yesterday that it has commenced the project’s formal Environmental and Social Impact Assessment (ESIA) process in Italy. The submission of its Scoping Report to the Italian authorities follows a similar move in Albania last month. The Scoping Report docume

about 15 years ago
Lukoil, EBRD Announce Completion of Financing for Shah Deniz Offshore Gas Field
Fossil Energy

Lukoil, EBRD Announce Completion of Financing for Shah Deniz Offshore Gas Field

Russia’s Lukoil and the EBRD today announced that the financing for Shah Deniz, the largest offshore gas field development in the Caspian Sea, had achieved full completion. Shah Deniz is now the largest new gas field in the region, serving both the Azeri and Georgian domestic gas markets, as well as

about 15 years ago
Faroe Petroleum Acquires Stake in Blane Oil Field
Fossil Energy

Faroe Petroleum Acquires Stake in Blane Oil Field

Faroe Petroleum plc, the independent oil and gas company focusing principally on exploration, appraisal and production opportunities in the Atlantic Margin, the North Sea and Norway, is announced that it has completed the acquisition of the 18.0% interest in the Blane oil field from ENI UK Limited a

about 15 years ago
UK: Cabot Aerogel Wins Contract for Subsea Pipelines Insulation in North Sea
Fossil Energy

UK: Cabot Aerogel Wins Contract for Subsea Pipelines Insulation in North Sea

Cabot Corporation has been selected by global engineering company Technip to provide pipe-in-pipe insulation for four subsea pipeline projects in the North Sea. Technip will use Cabot’s aerogel Compression PackTM to insulate a total of 64 km of subsea pipe-in-pipe (PiP) flowlines. The systems will b

about 15 years ago
Azerbaijan: SOCAR Head Office Hosts Presentation on Shafag-Asiman 3D Seismic Survey
Fossil Energy

Azerbaijan: SOCAR Head Office Hosts Presentation on Shafag-Asiman 3D Seismic Survey

On May 13, a presentation on carrying out 3D-seismic survey on the prospective structure “Shafag-Asiman” was hosted at SOCAR Head Office. Opening the ceremony, SOCAR first vice-president Mr. Khoshbakht Yusifzadeh gave detailed information on the prospective structure “Shafag-Asiman”. According to hi

about 15 years ago
Norway: Lundin Petroleum Announces Spud of Appraisal Well on Avaldsnes Discovery
Fossil Energy

Norway: Lundin Petroleum Announces Spud of Appraisal Well on Avaldsnes Discovery

Lundin Petroleum AB (Lundin Petroleum) announces that drilling of the first appraisal well 16/3-4 on the Avaldsnes discovery located in PL501, in the North Sea sector of the Norwegian Continental Shelf (NCS), has commenced. The main objective of the well 16/3-4 is to delineate the Avaldsnes discover

about 15 years ago
The Netherlands: Jumbo and Dockwise Join Committee of Recommendation Offshore Energy 2011
Fossil Energy

The Netherlands: Jumbo and Dockwise Join Committee of Recommendation Offshore Energy 2011

Navingo BV – organizer of Offshore Energy 2011 Exhibition & Conference (11 & 12 October, Amsterdam RAI) – is pleased to announce that André Goedée, CEO of Dockwise, and Michael Kahn, CEO of Jumbo, will join the Committee of Recommendation. This Committee will help secure the international ambitions

about 15 years ago
The Netherlands: Noordhoek Group Overcomes Turbulent Times
Fossil Energy

The Netherlands: Noordhoek Group Overcomes Turbulent Times

After a turbulent period the Noordhoek Group has finalized and formalized a re-launch of the group. By attracting external capital the company is to proceed to operate at the same location in Zierikzee, while the vast majority of the quality staff will be able to join the company. The investment com

about 15 years ago
Norway: 21st Licensing Round Awards to Boost EMGS’ Revenues
Fossil Energy

Norway: 21st Licensing Round Awards to Boost EMGS’ Revenues

Electromagnetic Geoservices ASA (EMGS) announces that, on the basis of the new production licences awarded to its customers in the 21st Licensing Round on the Norwegian Continental Shelf, it expects to realise uplift revenues of USD 5.4 million from the Barents Sea multi-client 3D EM campaign in 201

about 15 years ago
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