Shell and Schlumberger announced a multiyear research technology cooperation agreement focusing on improving the recovery factor of oil and gas reservoirs and extending the life of existing oil and natural gas fields. • Goal is to speed development of oil and gas resources to meet increasing demand
Wärtsilä, the marine industry’s leading solutions provider, has been awarded the contract to supply the propulsion equipment for a new, state-of-the-art, research vessel. The vessel will be operated by the UK’s Natural Environment Research Council (NERC), and is to be built at the C.N.P. Freire S.A.
EnCore Oil plc announces that the Transocean Galaxy II heavy duty jack-up rig left the standby location in the UK North Sea on Sunday 12 December and is en route to the Varadero location on Block 28/9. Subject to weather and any operational delays, the rig is expected to arrive at Varadero later tod
Lundin Norway AS, operator of production licence 400, has completed the drilling of wildcat well 3/8-1. The well was drilled about 7 kilometres east of the Trym discovery in the southern part of the North Sea. The primary exploration target for the well was to prove petroleum in Permian resevoir roc
Europe can meet its 2050 ambition of reducing its CO2-emissions by 80 per cent compared to 1990, in a faster and more cost-efficient way if natural gas plays a significant part in the energy mix going forward. In a report initiated by a group of experienced gas players in Europe and delivered to the
During the period of 1-4 November 2010, the Petroleum Safety Authority Norway (PSA) carried out an audit of Transocean Offshore Ltd’s (Transocean’s) management of major accident risk and handling of barriers. The audit activity was started with an all-day meeting with the management on land on 21 Oc
“The toughest vessels in the world are the x-bows. And in the film world, the villain is the toughest. Therefore, an x-bow vessel is the villain in the latest ‘Elias’ animation. And that’s why we invited you to the cinema tonight”. These are John M. Jacobsen´s words. He is the producer of the animat
With a lifting capacity of a total of 2,000 tonnes and speed of 20 knots, it’s the world’s largest heavy lift vessel to date: SAL Schiffahrtskontor Altes Land puts the first of two new buildings of Type 183 into service. The company, which ranks among the leading international heavy lift shipping co
The average daily production in October 2010 was about 2 230 000 barrels of oil, NGL and condensate. This is 406 000 barrels more than in September 2010. Gas production was about 9,3 billion Sm3, which is 3.6 billion Sm3 more than in September. The liquid production in October was: 1 868 000 barrels
Dragon Oil plc , an international oil and gas exploration and production company, announces the completion of key infrastructure projects being the 30-inch 40 km trunkline and Phase II expansion of the Central Processing Facility (“CPF”). The 30-inch 40 km trunkline, which runs from Block II to the
Statoil and Siemens have signed a technology development cooperation agreement. The partnership will initially embrace wind power, subsea technology, electrical engineering technology and energy efficiency measures. The cooperation agreement was signed by Nils Klippenberg (left), director of Strateg
Serco takes delivery of last Damen vessel marking the end of a three-year contract 29 out of 29 vessels delivered on time and on budget! A three-year, 29-vessel contract came to an end as the last tugboat of the huge Serco contract was named ‘SD Deborah’ at the Damen headquarters in Gorinchem on 3rd
International oil services, engineering and construction company Aker Solutions has decided to cultivate its core businesses by creating three separate companies. The new streamlined entities have a clear ambition to grow in their respective markets. The new strategic direction, which will be announ
Statoil has awarded a contract to COSL Drilling Europe for the charter of the semi-submersible COSL Pioneer. Plans call for the rig to be used for production and exploration drilling on the Norwegian continental shelf (NCS) from mid-2011. ”We are pleased with the fact that this contract secures the
