BP Norge AS (BP) has been granted consent to use Valhall PH as a living quarters facility. Valhall PH is an integrated process and living quarters facility which will replace the living quarters facility QP and the production and compression facility PCP. The consent regards use of Valhall PH as a l
In accounts for the 4th quarter 2010 Farstad Shipping will be booking a loss on accounts receivable of approx NOK 46 million related to freight income earned by one of its’ vessels which this autumn was contracted by the UK company Subocean Group. Subocean Group went into administration last week Fr
Fugro GEOS has secured two large metocean (meteorological and oceanographic) measurement studies for Statoil in the Norwegian and North Seas. These highlight the importance of accurate metocean data at the design stage of development of offshore fields, and for life extension of existing fields. The
Ithaca Energy Inc. and its wholly owned subsidiary Ithaca Energy (UK) Limited , an independent oil & gas company with exploration, development and production assets in the UK sector of the North Sea, announced on December 13th 2010 that it plans to drill a second production well in the Jacky field i
On Thursday February 3, 2011, for the fourth consecutive year, BOURBON will be one of the key exhibitors at the Clic&Sea “Métiers de la Mer” recruitment fair, to be held in Paris (France). Clic&Sea is a valuable forum where French professionals and students from the maritime world can meet, talk, sh
A/S Norske Shell, operator of the Ormen Lange field, has completed the drilling of appraisal well 6305/4-2 S on the Ormen Lange field. Ormen Lange was proven in 1997 and has been in production since 2007. The reservoir is in Paleocene and Upper Cretaceous reservoir rocks (Egga reservoir unit and the
BP announced immediate plans to enter into arbitration proceedings to resolve the issues raised by Alfa Petroleum Holdings Limited and OGIP Ventures Limited in their application to the English High Court relating to the share swap agreement and Arctic exploration arrangements agreed between BP and R
Dolphin Drilling Ltd, a subsidiary of Fred. Olsen Energy ASA, has entered into a contract for the provision of the accommodation semi-submersible Borgholm Dolphin with an undisclosed client. The contract will be for a firm duration of 10 months in the UK sector commencing end November 2011 in direct
Xcite Energy announces that its 100% subsidiary, Xcite Energy Resources Limited (“XER”), has entered into an extension to the binding letter of intent (“LOI”) with British American Offshore Limited(“BAOL”), part of Rowan Companies, Inc. for the N-Class “Rowan Norway” jack-up rig. The LOI has been ex
AVEVA one of the world’s leading providers of engineering design and information management solutions to the plant, power and marine industries, announced that STX OSV AS has signed an agreement to purchase the full AVEVA Marine solution suite. This deployment will provide STX OSV AS with a powerful
Scotland’s First Minister, Alex Salmond, MSP, was given a tour of pipeline engineering specialist STATS Group, as the company revealed 2011 turnover would exceed £17.5 million ($28.2 million). Mr Salmond was invited to visit STATS’ headquarters in Kintore, near Aberdeen, in recognition of his suppor
For Ship Equip 2011 has started off with a bang as the total number of installed SEVSAT systems passed 900. Add to that a record order backlog of more than 230 SEVSATS and it is easy to see that the future for Ship Equip looks bright. “We have anticipated this for a while” says CEO […]
Questions have been raised recently about the safety situation on the Gullfaks field. Statoil is holding a press meeting today to review the HSE factors at Gullfaks and to review the field’s geology, well conditions and recovery strategy. Safety takes top priority “Our people must be safe at work, t
LONGREACH OIL AND GAS LIMITED, an oil & gas company focused on Morocco, announces the appointment of Jonathan Morley-Kirk as a Non-Executive Director and as Chairman of the Audit Committee. Mr Morley-Kirk is a Fellow of the Institute of Chartered Accountants in England and Wales specialising in emer