The Norwegian Petroleum Directorate has announced that in January 2012, 11.2 billion standard cubic metres of gas was sold from the Norwegian shelf. The figure is the highest of all time. “One important factor for the record-high sales is that it is winter and there is a great demand for gas in the
The Cyprus-based seismic specialist, SeaBird Exploration PLC, has appointed Nils Haugestad as Chief Financial Officer of the company effective April 1 2012. Mr. Haugestad has over 20 years experience in investment banking, principal investments and corporate strategy. He is joining the company from
BP has acquired a further 20% equity interest in Block 2714A, offshore Namibia, from its partner in the license Petrobras, reports Chariot Oil & Gas. Chariot, also a partner in the licence, explains that, following the agreement between BP and Petrobras, the ownership of Block 2714A now stands at Pe
EnQuest PLC (‘EnQuest’) today announces that it has completed the acquisition of 25% of the in the UK North Sea blocks 9/2b and 9/2c, including the Kraken discovery, from Nautical Petroleum plc. This agreement and the associated details of the transaction were announced on 24 January 2012 when Enque
China’s shipbuilder, China Merchants Yard, has delivered a new semi-submersible heavy lift vessel to COOEC. The new, 222 meters long vessel, will be operated by a Dutch heavy-lift specialist, Dockwise, as per the agreement signed between the parties in December 2011. HYSY 278, as the vessel is known
UK-based deepwater mooring specialist, First Subsea Ltd has been awarded a contract by Technip USA Inc to supply the mooring line connectors for a new spar platform moored in 7,000ft (2,134 m) of water in the Lucius field, Keathley Canyon block 875 in the Gulf of Mexico. The Lucius spar will be moor
Chevron Corporation has requested authorization for a temporary suspension of field production operations at the Frade Field in the Campos Basin in Brazil. The decision to request the temporary shut-in of production is a precautionary measure based on very recent information. Chevron has identified
The Gazprom headquarters hosted today a working meeting between Alexey Miller, Chairman of the Company’s Management Committee and Peter Voser, Chief Executive Officer of Royal Dutch Shell. The parties discussed the joint efforts within the Protocol on Strategic Global Cooperation. Special attention
Anadarko Petroleum Corporation today announced the Enyenra-4A appraisal well, located in the Deepwater Tano Block offshore the Republic of Ghana, encountered approximately 105 feet (32 meters) of net oil pay in high-quality sandstone reservoirs, expanding the areal extent of the TEN (Tweneboa, Enyen
INPEX CORPORATION (INPEX) has agreed to acquire a 17.5% participating interest in the Prelude FLNG (Floating LNG: liquefied natural gas) Project from Shell Development (Australia) Proprietary Limited (SDA), a subsidiary of Royal Dutch Shell plc (Shell). This transaction is subject to the satisfactio
Siemens has received an order for the supply of two complete power packages for Statoil’s two new semi-submersible drilling units – Cat D. Purchaser is Daewoo Shipbuilding & Marine Engineering Co., Ltd (DSME), one of the world’s largest shipbuilders headquartered in Seoul, South Korea. The end custo
A hydrogen sulphide alarm was reported to Statoil’s emergency centre at 10.39 today from the Statfjord C platform in the Tampen area of the North Sea. The position is now under control. The 236 people on the platform are all accounted for, and everyone except key personnel required to handle the inc
The Gazprom delegation headed by Alexey Miller, Chairman of the Company’s Management Committee made a business trip to the French Republic yesterday. During the trip, Alexey Miller met with Henri Proglio, Chairman and CEO of EDF. The meeting was focused on the progress with the South Stream project.
Sea trials testing the sophisticated Integrated Control System (ICS) developed by Kongsberg Maritime for Olympic Commander, a new Multi Purpose Supply Vessel (MPVS) built at Kleven Yard in Norway have been successfully completed. The ICS aboard Olympic Commander features an innovative new one touch