P/F Atlantic Petroleum announces that its wholly owned subsidiary, Atlantic Petroleum UK Limited, has today signed a share purchase agreement to acquire the entire issued share capital of the UK-based private exploration company, Volantis Exploration Limited. Volantis Exploration holds equity in a t
Oil and gas company E.ON Ruhrgas UK E&P Ltd has signed a NOK18m (£2m) deal contract with AGR to use its innovative Riserless Mud Recovery technology (RMR®) in the North Sea. The contract, which lasts until the end of March 2013, is for multiple wells on E.ON Ruhrgas’s Huntington Field in the UK sect
A number of non-conformities with the regulations have been found by the Petroleum Safety Authority Norway’s (PSA) investigation into an incident on Gullfaks A where one person was injured during a lifting operation. Taking place on 28 February 2011, this incident on the Statoil-operated installatio
Lundin Petroleum AB (Lundin Petroleum) announces that drilling of exploration well 7120/2-3 in PL438 has commenced. The well will target the Skalle prospect, which is situated to the north of the Snøhvit field in the Barents Sea, offshore Norway. The main objective of well 7120/2-3 is to test Cretac
Preliminary production figures for April 2011 indicate an average daily production of about 2 087 000 barrels of oil, NGL and condensate. This is an increase of 26 000 barrels compared to March. Gas production was about 7.4 billion Sm3, which is a decrease of 2.9 billion Sm3 compared to the previous
In the Revised National Budget, the net cash flow from the petroleum sector in 2011 is estimated to NOK 311 billion (app. USD 56.8 Billion). This is an increase of NOK 23 billion (USD 4.2 Billion) from the National Budget 2011. – The petroleum industry is Norway’s largest and most important industry
Dron & Dickson, specialist in design, supply and maintenance of hazardous area electrical equipment, has secured long-term contract renewal with an oil major valued at up to £45million(USD 73.2 Million). The five-year deal, with options to extend by up to a further four years, involves supplying ele
Fugro Subsea Services Ltd. in Aberdeen, Scotland has taken delivery of their latest OCV vessel “Fugro Symphony” . The vessel is built by Bergen Group at BMV in Bergen. “Fugro Symphony” is of ST-327L CD design, developed by Skipsteknisk. The vessel is based on the previously built ST-327 serie of Sei
Dolphin Geophysical AS announced the christening of M/V Polar Duke at the GMC Shipyard, Stavanger on 30th April 2011. Many attended the special occasion, which launched the flagship vessel of Dolphin Geophysical AS. Mrs Kari Hus Arnesen kindly assumed the position of Godmother to the vessel. M/V Pol
The Petroleum Safety Authority Norway (PSA) has granted BP Norge AS consent to carry out manned underwater operations (MUO). The consent relates to diving in connection with the projects ”Valhall Re-Development” (VRD) and ”Skarv Diving 2011”. The work has a planned duration of approx. 14 days both o
Det norske oljeselskap ASA has received consent to carry out exploration drilling of well 25/6-4 in the North Sea with the Songa Delta mobile facility. The well will be drilled in production licence 414, approx. 20 kilometres east of Frøy. Drilling of sidetrack 25/6-4 A could be relevant. Water dept
Statoil has received consent for extended use of the facilities on the Norne field beyond design life up to and including 31 December 2021. Norne is an oil field belonging to production licence 128. The field is located in the Norwegian Sea in blocks 6608/10 and 6608/11, and came online in November
Olympic Shipping contracts a new ship at Kleven Maritime at a value of 380 million NOK (USD 69 million). With this contract, Kleven Maritime’s order reserve increases to 10 vessels at a combined value of 3.7 billion NOK. The Olympic Shipping contract manifests Kleven Maritime’s position as the count
BG Group has today announced the appointment of Andrew Gould as a Non-Executive Director with effect from 1st June 2011. Commenting on the appointment, BG Group Chairman Sir Robert Wilson said: “Andrew has extensive experience of the international oil and gas industry and a background which is highl
