North Energy will participate in this year’s first exploration well in the spring. The company will participate in at least three exploration wells in the Barents Sea in 2011, and this makes North Energy one of the oil companies with highest exploration activity in this area in the coming year. In t
BW Offshore,a leading global provider of floating production services to the oil and gas industry, announces Q4 2010 and preliminary results 2010. Operating revenues were 255.8 million, an increase of USD 198.1 million (343%) compared to USD 57.7 million in Q4 2009. BW Offshore obtained control of P
Thomas Bates jr. has recently sent in his resignation as chairman of the board of RXT. With effect from today’s date, Kristen Jakobsen will act as chairman of the board. The company wishes to thank Thomas Bates jr. for the outstanding work he has done for RXT over the years, for his competence and [
Ithaca Energy Inc. announces that Lawrie Payne, Non-Executive Chairman of the Board, has notified the Company of his intention to retire from service to the Company and has accordingly resigned from the Board of Directors effective February 22nd, 2011. Mr. Payne is a founding shareholder of Ithaca a
The well # 79 from the platform # 13 was commissioned at Gunashli field. The daily production of the well, drilled by SOCAR-AQŞ JV, makes 152 thousand cubic meters of gas and 20 tons of condensate from 3368-3350 meters. The well will be commissioned by 28 May Oil and Gas Production Company. The Stat
Construction of the Nord Stream Pipeline continues on track. Over 1,000 kilometres of Line 1 have been laid in the Baltic Sea and pipe-laying works have already been completed at the landfalls for Line 2. The project has received all the necessary permits, and all pipes and construction capacities h
Statoil ASA has received consent to upgrade the water injection system on Gullfaks B (GFB). The main components of the existing water injection system at GFB are vulnerable to degeneration. One of the objectives of the modification is to increase the capacity of the water injection system from the c
Aberdeenshire firm ThinJack has announced a key addition to its Westhill-based engineering team. Richard Mearns from Aberdeen has been appointed to the role of mechanical technician based at the company’s headquarters at Arnhall Business Park, Westhill. He brings to the job skills in hydraulic syste
Statoil is sending out an invitation to tender for a new type of drilling rig. It is specially-designed by the industry on behalf of Statoil for use on mature fields on the Norwegian continental shelf (NCS). The purpose is to make drilling and completion of production wells less expensive, more effe
Deep Sea Supply (“The Company”) has sold the two AHTS vessels “Sea Otter” and “Sea Marten”. The vessels, which are the smallest AHTS vessels in the Company’s fleet, are currently on time charter contracts to Petrobras. The vessels were sold to an international offshore supply company at attractive p
The Expro Meters team at leading international oilfield services company Expro announces it has manufactured and shipped its 100th ActiveSONAR flow surveillance system as it continues to grow its UK customer base. Following a successful trial of Expro Meters’ flow surveillance products, Centrica hav
Azerbaijan’s state oil company SOCAR received 7.7m cubic metres of gas from the Shah Deniz project in January. By Rufat Abbasov (News.az) [mappress] Source:News.az, February 21, 2011;
BG Norge AS has received consent to use the mobile facility West Alpha for drilling of wells 15/12-E1H and 6/3-A1H in the southern part of the North Sea. The wells (the Gaupe field) belong to production licence 292 and are located approx. 240 kilometres southwest of Stavanger, near the UK shelf bord
Reference is made to the press release on February 16, 2011 regarding the close of the Private Placement in North Atlantic Drilling Ltd. (“NADL” or the “Company”). The Private Placement was closed on February 16, 2011 at 12:00. However, due to significant over-subscription, the NADL share allocation
