News
UK: Technip Offshore Wind Achieves Major HSE Acreditation
Technip Offshore Wind has achieved a significant business milestone with the company’s innovative health, safety and environmental (HSE) management systems being accredited to two international industry benchmarks. The company has been endorsed with the ISO 14001:2004 Environmental Management Standa
Floatel Superior Tilts. Statoil Evacuates Workers (Norway)
Norwegian energy giant Statoil has evacuated workers from Floatel Superior accommodation rig due to a serious stability incident, the PSA Norway informs. The operator informed the Petroleum Safety Authority Norway of the incident this morning explaining that an anchor had punctured one of the ballas
Novatek, Total Evaluate Status of Yamal LNG Project (Russia)
The representatives of Yamal LNG shareholders – Novatek and Total – evaluated the status of the Yamal LNG project, notably, implementation of the pre-FID (final investment decision) activity plan, Novatek said in a statement. The shareholders highly appreciated the achieved results and the progress
Statoil Confirms Successful Johan Sverdrup Appraisal (Norway)
Norwegian oil and gas company Statoil has confirmed it has completed another successful appraisal well in PL265 in the Johan Sverdrup discovery together with partners Petoro, Det norske oljeselskap and Lundin. “Mapping the reservoir in the Johan Sverdrup discovery represents one of the main challeng
PSA OKs Dong Energy’s North Sea Drilling Plans (Norway)
DONG E&P Norge AS (DONG), a subsidiary of Denmark’s Dong Energy, has received approval from the Norwegian authorities to conduct exploration drilling in the North Sea. DONG is the operator of production licence 147, which includes the Trym field in block 3/7 in the southern part of the North Sea. Th
CGGVeritas Launches BroadSource (France)
French seismic specialist CGGVeritas announced today the commercial launch of BroadSource™, its broadband marine seismic source. BroadSource is a natural complement for BroadSeis™, its industry-proven broadband marine seismic solution, to produce unrivalled images of the subsurface. BroadSource comb
Elgin-Franklin Contract for Safe Bristolia (UK)
Cyprus-based Prosafe has been awarded a contract by Elf Exploration UK Ltd for the provision of the Safe Bristolia accommodation support rig at the Elgin-Franklin Facility in the UK sector of the North Sea. The firm period of the contract is 173 days with on-site operations planned to commence 1st M
Gas Shows at Sterling’s Ioana Prospect Offshore Romania
Sterling Resources Ltd. announces the results of the exploration well on the Ioana prospect in Block 15 Midia in the Romanian Black Sea. The well was drilled to a total depth of 1,950 metres measured depth (“MD”), 1,513 metres true vertical depth subsea (“TVDSS”). Gas shows from drilling mud gas mea
Talisman’s Isbjørn Prospect Declared a Dry Well (Norway)
Det norske oljeselskap ASA, as partner, is currently in the process of drilling exploration well 16/10-5 on the Isbjørn prospect in Production License (PL) 568. The primary target in the well was Upper Jurassic (the Ula Formation). The well encountered reservoir rocks of good quality, as expected, b
Germany: ODE Bags Iberdrola Wikinger Windfarm Contract
International engineering contractor ODE has extended its overseas growth in renewables with a major contract for a new German windfarm. With a 30-year history in the energy sector, the London-based company is determined to use its extensive UK windfarm background to expand into emerging European an
Germany: ODE Bags Iberdrola Wikinger Windfarm Contract
International engineering contractor ODE has extended its overseas growth in renewables with a major contract for a new German windfarm. With a 30-year history in the energy sector, the London-based company is determined to use its extensive UK windfarm background to expand into emerging European an
UK: Offshore Wind Cheaper than Nuclear Power
The cost of nuclear power is at least £200 per MWh, much more than the cost of offshore wind power at £140 per MWh. This is according to new calculations by the Energy Fair group, stripping out all subsidies. “This confirms that nuclear power is entirely uneconomic,” said Dr Gerry Wolff of Energy Fa
EDP to Construct Chinese Offshore Wind Farm
China Three Gorges Invited Energias de Portugal (EDP) to codevelop an offshore wind farm in the province of Jiangsu with Furnas, writes Macauhub. Namely, the wind farm project is worth EUR 560 million and will have a total capacity of 200MW. The construction work is expected to begin by the end of t
Russia: Novatek Buys 49 Percent Stake in Nortgas
Novatek of Russia said it has concluded an agreement to acquire a 49% equity stake in ZAO Nortgas from R.E.D.I. HOLDINGS for $1,375 million. The transaction is expected to close by year-end 2012. Nortgas holds the hydrocarbon production license for the Severo-Urengoyskoye field, located in the Nadym