Fossil Energy
Offshore Energy 2012: Fugro Offers New Pile Inclination Monitoring Service
Fugro offers a new pile inclination monitoring service based on Fugro’s offshore survey product range. A key requirement of pile installation is pile verticality. Traditionally the verticality or inclination was measured by means of pausing the piling and measure the inclination using handheld incli
Offshore Energy Conference and Exhibition Kicks Off
Today Joep Athmer, the Director of Van Oord Offshore and Member of Offshore Energy Committee of Recommendation wished a warm welcome to the visitors of the Offshore Energy Conference and Exhibition 2012 on behalf of Navingo. The exhibition is being held in Amsterdam RAI for the second time in a row
Norway: Petroleum Activities Impact Assessment in Barents Sea on Public Hearing
The Ministry of Petroleum and Energy last week submitted a public consultation on the impact assessment relating to petroleum activity in the Barents Sea South-East. Interested parties are invited to comment on the impact assessment within the next three months. The impact assessment forms part of t
Rolls-Royce to Design and Power Four Brazilian PSVs
Rolls-Royce, the global power systems company, has won a £24 million order to design and equip four platform supply vessels (PSVs) for Brazilian ship owner Bravante Group, former Navegação São Miguel Ltda. The UT 775 SE PSVs are designed to carry deck cargo, pipes and diesel oil to and from offshore
North Energy: Well Spudded on Jette in PL 385 Off Norway
Exploration drilling on the Jette gas and condensate prospect in production licence 385 began on 21 October in the Norwegian Sea. Located 16 kilometres north-west of the Norne production ship, this prospect is roughly 209 kilometres from Brønnøysund in northern Norway. The 6607/12-3 well is being dr
Australia: Eni Starts Production Testing on Heron South
MEO Australia Limited provides the following update in relation to Heron South-1 being drilled in NT/P68, operated by Eni Australia Ltd (Eni). Eni has formally advised MEO that it intends to commence production testing to determine reservoir productivity and gas composition. The well is interpreted
UK: Shell Gets Consent for Fram Field Development
The government has today given Shell consent for a new oil and gas development that will add two per cent to UK daily production. The Fram field, off the East Coast of Scotland, is one of the biggest developments to be given the go ahead in the past five years. Once production starts, the field [&he
Public Hearing on Impact Assessment of Opening Jan Mayen Area for Petroleum Activities
The Ministry of Petroleum and Energy last week submitted an impact assessment relating to petroleum activities in the area around Jan Mayen on public hearing. Interested parties are invited to comment on the impact assessment within the next three months. The impact assessment forms part of the proc
British Minister Hoban Visits ROV Manufacturer Saab Seaeye
The Minister of State for Work and Pensions and Member of Parliament for Fareham, Mark Hoban, recently visited top ROV manufacturer, Saab Seaeye. He met the new managing director, Jon Robertson, previously the company’s engineering director, along with the other key members of the management team: s
Sterling Announces Current Resources Estimates for Properties Offshore Romania
Sterling Resources Ltd. is providing current resources estimates for its properties offshore Romania. The current estimates have been prepared by Sterling’s independent reserves evaluator RPS Energy and comprise individual and aggregated resources estimates for the fields and prospects in Block 13 P
USA: FMC Technologies Forms Joint Venture with Edison Chouest Offshore
FMC Technologies, Inc. announced that it has formed a joint venture with Edison Chouest Offshore LLC. The new company will be based in Houston. Utilizing the subsea technologies, tooling and expertise of FMC Technologies, and the vessel, port logistics and ROV operations of Edison Chouest Offshore,
USA: Diamond Offshore Reports Third Quarter Results
Diamond Offshore Drilling, Inc. reported net income for the third quarter of 2012 of $178 million, or $1.28 per share on a diluted basis, compared with net income of $257 million, or $1.85 per share on a diluted basis, in the same period a year earlier. Revenues in the third quarter of 2012 were $72
Adira Receives Resource Report on Samuel License Offshore Israel
Adira Energy Ltd. announced that it has received an independent resource report including a best estimate in aggregate of 65.8 million barrels (“MMbbl”) of oil and 65.8 billion cubic feet (“BCF”) of gas in four structures on the Company’s Samuel License located offshore Israel. The Report was prepar
BP Signs Heads of Terms to Sell Its TNK-BP Stake to Rosneft, Russia
BP announced that it has signed heads of terms to sell its 50 per cent share in TNK-BP to Rosneft, the major Russian integrated oil and gas company. Under the heads of terms Rosneft has agreed in principle to buy BP’s share in TNK-BP. The proposed transaction consists of two tranches: (i) BP would s