The first four fast-track developments are on schedule. The portfolio is now being expanded with three new projects that may be developed even faster. “We have already gained valuable experience,” says Ståle Tungesvik, Statoil’s head of reserve replacement and business development on the Norwegian c
AVEVA one of the world’s leading providers of engineering design and information management solutions for the plant, power and marine industries, today announced the opening of a new oil and gas Centre of Excellence for Operations Integrity Management (OIM) in Stavanger, Norway. Addressing the compl
ATP Oil & Gas Corporation Chairman and CEO T. Paul Bulmahn will present on Wednesday, August 25th at EnerCom’s The Oil & Gas Conference in Denver. During a live webcast beginning at 10:30 a.m. MT, Mr. Bulmahn will discuss ongoing projects at the Telemark and Gomez hubs, and other ATP Gulf of Mexico
Since its introduction five years ago, the ULSTEIN X-BOW® concept has proven its added value to customers when it comes to enhanced performances in operations, fuel economy, comfort and safety. However, innovation is a continuous process within ULSTEIN, finding new combinations of potential markets,
Oil explorer Cairn Energy today said it had struck gas in Greenland with the first well to be drilled in the Arctic territory in a decade. [mappress] Source: thisislondon, August 24, 2010:
In a conference room at the Hilton hotel near Hobby Airport, a panel of federal investigators asked question after question after question. (myfoxhouston) [mappress] Source: myfoxhouston, August 24 , 2010;
DONG Energy has sold 15% of the Svane and Solsort licences (4/98 and 3/09) in the Danish sector of the North Sea to VNG Danmark ApS. DONG Energy is reducing its licence interests as part of its portfolio optimisation. An appraisal drilling of the Svane field carried out in 2001 by the then operator
New simulator represents an important enhancement to Cargotec’s commitment to complete value added customer solutions In line with its well established ethos of developing and implementing new technologies that contribute added value to its customers’ businesses, Cargotec has developed a simulator t
ADX Energy Limited reports on Lambouka-1 Well operations update. Activities during the past week The 12 1/4″ hole section was successfully drilled to a total depth of 2,216m. The 9 5/8″ casing string has been run and cemented. The riser seal assembly and the BOP (blow out preventer) has been success
Aker Solutions, through its subsidiary in Malaysia – Aker Process Systems Asia Pacific (APSAP), has been awarded two subsea contracts from PETRONAS Carigali Sdn Bhd (PETRONAS Carigali). The first is a work order to supply subsea production system and services for the Kanowit field, while the second
BP, which has transitioned its individual and business claims program to the Gulf Coast Claims Facility (GCCF), said today it made claim payments of nearly $400 million during the 16 weeks it managed claims related to the oil spill in the Gulf of Mexico. BP noted the following claims activity since
HB Rentals has secured a contract for four modules offshore Norway and announced a significant investment in its fleet. HB Rentals has agreed a long-term lease contract with Prosafe to supply four 20ftx8ft A60 Zone II Norsok office modules for the Valhall platform in a £250,000 deal. The company has
Saipem announces that Mr. Jacques Yves Léost will leave the company and resign as a board director of Saipem S.p.A. to pursue new professional opportunities. Mr Léost was appointed by Eni shareholder at the Shareholders’ Meeting of 28th April 2008. Saipem thanks Mr. Léost for his valuable profession
A strong underlying performance by the company’s core production operations have been offset by exploration write-offs and one-off abnormal items. As a result, in the year to June 30, 2010, AWE reported a statutory net loss after tax of $28.9 million. The exploration write-offs ($113.1 million) are
