The activity level on the Norwegian shelf is high, with investments expected to rise in the next few years. In spite of this, NPD sees that more than 50 per cent of the oil remains in the fields. This is a source of concern for the Norwegian Petroleum Directorate (NPD), which is now calling for [&he
Cosalt Offshore, a provider of lifting, tooling and marine services to the oil and gas industry, has announced the appointment of highly-experienced industry figure Rod Buchan as the new Chief Executive Officer. Mr Buchan most recently has been Managing Director of Aker Offshore Partner and has held
Wilhelmsen Ships Service has appointed Vidar Hole to the position of Business Director responsible for the Maritime Logistics Services portfolio. Vidar will drive the design, development and launch of new offers in line with the company’s strategy and identified market and customer needs, across its
Faroe Petroleum, the independent oil and gas company focusing principally on exploration, appraisal and production opportunities in the Atlantic margin, the North Sea and Norway, is pleased to announce that it has acquired a 28% interest in each of UK licences P218 and P588 containing the undevelope
Mechanical engineering group, EnerMech, has invested £20 million ($31.5M) in a new Process, Pipeline and Umbilical Services division and appointed one of the industries leading pipeline experts to head up the unit. Les Graves (left) joins the EnerMech board as director and brings with him more than
Bergen Group BMV has been awarded contracts from Sartor Offshore AS for the construction of three multi-purpose offshore vessels with a total value of about NOK 1 billion. The newbuilding program has a strong focus on environmentally solutions based on high safety and flexibility. The contract for t
Total today announced the following appointments to its Management Committee, effective January 1, 2011: Arnaud Breuillac, Senior Vice President, Middle East, Total Exploration & Production. Michel Hourcard, Senior Vice President, Development and Operations Techniques, Total Exploration & Production
Findon-based AMC Engineering Ltd is ending the year on a high note after securing another industry certification. The international torque equipment specialists have been awarded the OSHAS18001 certification, an internationally recognised assessment specification for occupational health and safety m
The partners in the Snøhvit licence have decided to perform studies of possible concepts for building a new LNG plant at Melkøya in Hammerfest (Train II). The licence has conducted a feasibility study of processing capacity expansion of Hammerfest LNG plant, Melkøya called Snøhvit Train II, and have
Polarcus Limited announces that Chief Executive Officer, Rolf Ronningen, will present at the 13th SEB Enskilda Nordic Seminar in Copenhagen on Wednesday, 12 January 2011, at 11:50 a.m. CET (Central European Time). To View Polarcus’ Presentation Click Here. About Polarcus Polarcus is a pure play mari
Subsea service provider DOF Subsea Norway AS has appointed Jan Kristian Haukeland as General Manager of its Bergen office Subsea service provider DOF Subsea Norway AS has appointed Jan Kristian Haukeland as General Manager of its Bergen office. He will start in the position from 1st February this ye
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, announces that the Sedco 704 drilling unit (image above) is now being anchored on location over the
If you can learn how to coax out more years from your infrastructure, look with fresh eyes at well data and think laterally, then you can gain a competitive edge when working with mature assets. Maersk Oil is an old hand in the art of teasing out oil from aging fields in the North Sea […]
Prosafe has been awarded a Letter of Intent (“LOI”) by an undisclosed client for the provision of the Safe Scandinavia accommodation support rig at a project in the British sector of the North Sea. The firm period of the contract linked to the LOI is four months with on site operations planned to co
