Drilling of the well # 2522 from the platform # 2521 was started at Oil Rocks field. The project depth of the well drilled to Gala Suite by Oil Rocks Offshore Drilling Works Office of Complex Drilling Works Trust totals 1520 meters. According to geologists, the daily production of the well # 2522 wi
Farstad Shipping achieved an operating income of NOK 905.3 million for the 4th quarter. The operating profit (EBIT) was NOK 203.9 million. The profit after taxes was NOK 39.5 million. The operating income at 31.12.10 was NOK 3 358.2 million. The operating profit (EBIT) was NOK 899.3 million. The pro
The board of Oslo Børs has today imposed a fine on Sevan Marine ASA (the “Company”) in the amount of NOK 411.600- USD 71.664 (equal to two times the annual listing fee) as a sanction for breach of information obligation towards the market. The OSE board held that the equipment failure encountered on
Harbour porpoises are small toothed whales widespread in the cool, coastal waters of the Northern Hemisphere. They are identified as a protected species within the European Union. They echolocate by sending out “clicks” at a frequency of around 130 kHz. Eigil has spent 12 years of his porpoise life
Energean Oil & Gas announces the successful completion, testing and placement on production of the PA-35 infill well on Prinos Field. Reaching a total depth of 2,975 meters, ahead of budget in terms of both time and cost, the well is the first of a series of drilling activities and other interventio
Transocean Ltd. announced that one of its subsidiaries has been awarded five-year drilling contracts for two newbuild high-specification jackup rigs for operations in Thailand for a subsidiary of Chevron Corporation . The five-year drilling contracts are expected to commence during the first quarter
Seven Havila is owned by JV Havila Shipping and Subsea 7 and won the award in one of the most important offshore conferences in the world. The winner Seven Havila got most votes in a worldwide poll in competition with three other nominated offshore vessels. The vessel is a Havyard 858 DSV design, is
Sterling Resources Ltd. announces that drilling is expected to commence within the next few days at both Cladhan (Blocks 210/29a & 210/30a) and Grian (Block 48/28b) in the UK North Sea, as drill rigs are currently being towed to the respective sites. At the Cladhan discovery, at least one well and a
Oil services group Aker Solutions signals a stronger focus on international growth and engineering through an expansion of its executive management team. Three members have been added, of which two are non-Norwegian citizens. Wolfgang Puennel, a German citizen, has been appointed head of the new Wel
Aker Solutions’ operating revenues in the fourth quarter of 2010 were NOK 15 billion and earnings before interest tax depreciation and amortisation (EBITDA) was NOK 1 191 million. The preliminary results for full year 2010 show revenues of NOK 50.8 billion and EBITDA of NOK 4.3 billion. All of the a
On February 15, 2011, Technip’s Board of Directors approved the audited full year 2010 consolidated accounts. Chairman and CEO Thierry Pilenko commented: “In 2010: Technip reinforced its focus on profitable and sustainable growth. “Our revenues for 2010 were at the top end of our expectations at €6.
The Norwegian Petroleum Directorate (NPD) has granted Nexen Exploration Norge AS a drilling permit for wellbore 6507/8-8, cf. Section 8 of the Resource Management Regulations. Well 6507/8-8 will be drilled from the Songa Delta drilling facility in position 65°16’52.53” north and 7°25’29.91” east fol
The Norwegian Petroleum Directorate (NPD) has granted Marathon Petroleum Norge AS a drilling permit for wellbore 25/10-11, cf. Section 8 of the Resource Management Regulations. Wellbore 25/10-11 will be drilled from the Transocean Winner drilling facility at position 59° 12’ 48.06” north and 02° 07’
French petroleum major Total is in talks with Russia’s oil major Rosneft on joint projects in the Barents Sea, General Director of Total … By Thomas Nilsen (The Barents Observer) [mappress] Source:Barents Observer, February 16, 2011;
