The partners in the Åsgard licences have today submitted a plan for development and operation (PDO) of subsea gas compression to maintain production from the Mikkel and Midgard reservoirs. Øystein Michelsen, Statoil’s executive vice president for Development and Production Norway (DPN), presented th
Polarcus Limited announced that the Company has received a contract award and a separate Letter of Intent from two undisclosed clients for 3D seismic acquisition projects in Australasia. The projects, to be acquired back-to-back by Polarcus Alima, will commence in Q4 2011 and are expected to run fro
On August 10, 2011, at 14:33 local time in Vietnam was delivered the vessel Skandi Saigon, built by by STX Vung Tau,whose owner is Aker Dof Deepwater AS, a company from DOF Group. The Skandi Saigon is a new generation high powered anchor handling vessel designed for field installation operations acr
So far this year, Det norske oljeselskap ASA has created material value through exploration. The exploration results form the basis for strong growth in the years ahead. In July, a plan for development and operation (PDO) was submitted for Atla, and Det norske plans to decide on a PDO for Jette in S
EMAS, a leading global offshore contractor and provider of integrated offshore solutions to the oil and gas (O&G) industry and operating brand for Ezra Holdings Limited (Ezra or the Group), continues to boost its orderbook of marine and/or offshore construction contracts. The latest contract win was
Communication between the Aldous and Avaldsnes oil discoveries in the North Sea has now been confirmed. In combination these discoveries may represent an oil structure of between 500 million and 1.2 billion barrels of recoverable oil equivalent. If the upper part of the interval strikes pay dirt, th
Entek announced that the development of its GA A133 gas discovery, made in 2010, has been completed and gas is flowing at the planned 9.5 MMCFD on restriction. At current gas prices this should net Entek around US$250,000 per month. Entek has a 38% working interest in the block which is operated by
The oil leak on a flow line system that serves the Shell-operated Gannet Alpha platform remains under control, with the well shut in. “It is not easy to quantify the total volume spilled but we estimate so far that it is around 216 tonnes (1,300 barrels),” said Glen Cayley, Technical Director of She
As energy demand is rising again, the year 2011 marks a turning point in the oil & gas industry with increased investments in the entire value chain. Offshore Energy in Amsterdam (11 & 12 October 2011), clearly reflects the confidence that governs the industry today. In four years time, the number o
Bonaparte LNG announced that drilling had begun at the Petrel-7 appraisal well in NT/RL-1 in the Bonaparte Basin, in the Timor Sea. Results from the appraisal well, situated about 250km west of Darwin, will assist in the conceptual design and development of the proposed floating liquefaction project
The Finnish Viafin Group (Viafin West Welding Oy) as a major player in manufacturing of Pressure Vessels & Heat Exchangers, and M7 Offshore AS as a solution provider within Offshore Engineering and Project Management have now established and registered the Norwegian company Viafin-M7 AS. Viafin-M7 i
Offshore Solutions BV (OSBV) announces the successful completion of the world’s first vessel-to-FPSO (floating production storage and offloading) personnel transfers, using a heave-compensated marine walk-to-work system. During July and August OSBV’s patented Offshore Access System (OAS), mounted on
International oilfield service company Expro has renewed a three-year contract with Total in Indonesia for the supply of slickline services. As part of the contract, Expro will provide six slickline equipment packages and seven crews to support the drilling and completion operations in the Mahakam p
SGS, the world’s leading inspection, verification, testing and certification company, was awarded a contract to provide comprehensive Supply Chain Services for a wide range of international offshore projects by Samsung Heavy Industries in June 2011. As a global leader in shipbuilding, offshore engin
