Gazprom has decided to shelf the development project of one of the world’s largest natural gas fields for some better times.
At the beginning of August, MV “Lone” loaded two reels, each of 800 mtons and a diameter of 28.5 m, in Pori, Finland. After a successful loading, MV “Lone” continued her journey to Florø, Norway. In Florø the precious cargo was installed directly onto the pipelay vessel MV “Deep Energy”. Due to the
Ulstein delivers a ground-breaking concept that promises major improvements for the operational centres of vessels
Sonardyne Brasil will be showcasing its sixth generation (6G®) product range of subsea acoustic positioning, inertial navigation and wireless communication technology at the upcoming Rio Oil & Gas Expo and Conference 2012. Held at the Riocentro Convention Centre in Rio de Janeiro, Brazil, the show r
Northern Offshore, Ltd. yesterday announced that a subsidiary of the company has entered into a Memorandum of Agreement for the sale of the jackup drilling rig Energy Exerter to an undisclosed buyer. Closing of the transaction, which is subject to certain routine conditions, is expected by October 1
The Norwegian petroleum-focused supplier industry is experiencing significant sales growth. A survey conducted for the Ministry of Petroleum and Energy (MPE) by Rystad Energy shows that sales have tripled since 2000. International sales are estimated at NOK 150 billion in 2011, or around 40 percent
Statoil and Rosneft today signed Shareholder and Operating Agreements that will establish joint ventures for the four offshore Russian license areas included in the Cooperation Agreement signed by the two companies on May 5, 2012. The license areas in question are Perseevsky in the Barents Sea and K
Wintershall, Germany’s largest internationally active crude oil and natural gas producer continues to expand its activities on the Norwegian Continental Shelf. Its aim is to make the Norwegian subsidiary Wintershall Norge one of the leading oil and gas companies in Norway. With this focus on Norway,
In July, Petrobras had an average oil and natural gas production, in Brazil and abroad, of 2,554,263 barrels of oil equivalent per day (boed). The output from Brazilian fields averaged 2,314,871 boed. Total production was 1.12% lower than the previous month. The output from fields located abroad ave
Nido Petroleum Philippines Pty Ltd as Technical Operator of Service Contract 63, on behalf of the SC 63 Joint Venture Partners has announced that the JV has been unable to secure a rig on acceptable commercial terms in order to meet the existing Sub-Phase 2b expiry date. One of the key issues for th
Rialto Energy Ltd has announced thatPetroci Holdings, the Government of Côte d’Ivoire state-owned oil and gas company, has elected to increase its paying interest in the Gazelle Field Exclusive Exploitation Area (“Gazelle Field EEA”) which is located within Block CI-202. Petroci Holdings, which curr
Norwegian company Siem Offshore has signed a Platform Supply Vessel charter contract with TOTAL E&P NORGE AS. The contract is for a new dual fuelled large platform supply vessel (PSV) which will serve the Martin Linge field in the North Sea North-West of Stavanger. The contract is expected to start
Stena Drilling, operator of the Stena Clyde offshore drilling rig, reports that their two crewmembers who tragically died in an accident on 27th August can now be confirmed as Peter Meddens from Darwin, Australia and Barry Denholm, from Lossiemouth, Scotland. In its third statement made since the ac
The Petroleum Safety Authority Norway has granted consent to Det norske Oljeselskap ASA (Det norske) for exploration drilling of well 7/11-13 with the Mærsk Guardian jack-up rig. The well is located in the southern part of the Norwegian sector of the North Sea and is part of production licence PL 49
