Fossil Energy
PSV ‘Sea Springer’ delivered to Deep Sea Supply
Deep Sea Supply has taken delivery of the Platform Supply Vessel “Sea Springer” of PX 105 design from Sinopacific Shipyard. The vessel is owned by a company which is 50% owned by Deep Sea Supply and 50% by BTG Pactual. The vessel’s main characteristics are the size of 4700 dwt, 1000 m2 deck area, cl
Maersk oil releases environmental report
The Environmental Report 2013 covering Maersk Oil’s oil and gas activities in the Danish North Sea is now available. “Across the business, activity levels were high at Maersk Oil Danish Business Unit in 2013. This was largely due to increased maintenance to safeguard production at our older platform
No production buoy for Fyne development
Enegi, the independent oil and gas company, provided an update on its marginal field initiative through its joint venture, ABT Oil and Gas (‘ABTOG’), with Advanced Buoy Technology (ABTechnology) Limited. This update provides further information on the development of the Fyne field and details of the
Statoil selects location for new head office in UK
Statoil has chosen Prime Four Business Park in Kingswells, Aberdeen as the location for its new operations centre and head office for development and production activities on the United Kingdom Continental Shelf (UKCS). Prime Four Business Park is currently under development, approximately five mile
GDF SUEZ, Pemex sign cooperation MoU
Gérard Mestrallet, Chairman and CEO of GDF SUEZ, signed a Memorandum of Understanding and Cooperation with Emilio Lozoya, Chairman and CEO of PEMEX, to develop natural gas and other energy projects in Mexico. Mexican and French Presidents Enrique Peña Nieto and François Hollande were present at the
Shell drops Ormen Lange subsea compression project
The Ormen Lange partners have decided to postpone the Offshore Compression Project for Ormen Lange field, and stop the ongoing concept select work. The partners have been working towards a concept select decision for offshore compression, either a subsea compression solution or a tension leg platfor
PSA inspects Åsgard subsea compression project
On 18 February 2014, the Petroleum Safety Authority Norway (PSA) carried out an audit of the Åsgard subsea compression project at Aker Solutions in Egersund, Norway. The objective of the audit was to acquire a status update for the project and to review the equipment that will be produced in Egersun
Trinity: Equipment failure sets back Trintes field drilling
Trinity, the leading independent E&P company focused on Trinidad and Tobago, reported that during the first quarter, Trinity’s net production averaged 3,978 boepd. Key first quarter operating activities included: West Coast Net Q1 2014 production averaged 547 boepd. Trinity has been focused on remed
Statoil strikes oil, gas in North Sea (Norway)
Statoil Petroleum AS, operator of the production licences in the Valemon Unit, has concluded the drilling of wildcat wells 34/10-54 S and 34/10-54 A in the Norwegian part of the North Sea, the Norwegian Petroleum Directorate has announced. The wells proved oil and gas. The wells were drilled about s
EMAC AMC drives Ezra’s revenue growth
Ezra Holdings Limited, a contractor and provider of integrated offshore solutions to the oil and gas industry, maintained its operational progress, led by the Group’s Subsea Services division, EMAS AMC. Revenue for the Group in the six months ended 28 February 2014 (“1H14”) grew 22% to US$640.3 mill
Leni pays for going to court with MOG
On 27 March 2014, the Commercial Court handed down judgment in the legal case brought by Leni Gas & Oil Plc and Leni Gas & Oil Investments Ltd (“LGO”) against MOG’s subsidiary Malta Oil Pty Limited. The court found that LGO’s case failed. According to MOG, on 3 April, Justice Males further held that
NPD: March production figures less 2 pct from February
Norwegian Petroleum Directorate has announced that preliminary production figures for March 2014 indicate an average daily production of about 1 913 000 barrels of oil, NGL and condensate. This is 37 000 barrels per day (about 2 percent) less than in February 2014. Total gas sales were about 10.5 bi
Polarcus Asima completes 3D seismic survey offshore Namibia
Pancontinental Oil & Gas NL has announced an extensive 3D seismic survey has been completed within its highly prospective offshore acreage in licence area EL 0037 offshore Namibia, southwest Africa. The 3D acquisition, over approximately of 3,000km2, covers a number of strong “Leads” that have alrea
Noble Energy, EMAS sign LOA for subsea services at Gunflint
EMAS, the operating brand of Ezra Holdings, a global offshore contractor and provider of integrated offshore solutions to the oil and gas (O&G) industry, today announced that it has received a Letter of Agreement (LOA) from Noble Energy for the Gunflint Project in the Gulf of Mexico (GoM). Under the