An ocean buoy developed by the National Oceanography Centre is currently measuring the characteristics of waves breaking in the open ocean off the coast of Newfoundland. The findings will feed into assessments of how gas and aerosol exchange at the surface of the ocean impacts climate change. The ‘S
Tullow Oil plc (Tullow) announces that the Wisting Alternative well (7324/7-1S), offshore Norway in the Barents Sea, has reached Total Depth. The well was not appraising the major discovery at Wisting Central and encountered oil shows in the deeper targeted Kobbe and Snadd formations but the reservo
BP announced its financial results for the third quarter of 2013. Underlying replacement cost profit1 for the period was $3.7 billion, compared to $2.7 billion for the previous quarter. Operating cash flow in the quarter was $6.3 billion. Consistent with its commitment to maintaining a progressive a
ConocoPhillips today announced first oil production from the Ekofisk South development project in the Norwegian North Sea on Oct. 25. “The Ekofisk South project startup represents an important milestone for ConocoPhillips,” said Matt Fox, executive vice president, Exploration and Production. “This i
From 19-27 October 2013, IMARES Wageningen UR, organised a research expedition to the Saba Bank, to investigate the ecological functioning of the Bank. Thirty-three 50m long transects resulted in more than 2000 images of the reef, and over 5000 fish counts of almost 100 fish species. A preliminary c
Ramboll was recently awarded a major contract to carry out the Environmental Impact Assessments (EIA) for three near-shore wind farms in Danish waters for the Danish energy grid owner, Energinet.dk. EIA for offshore as well as onshore activities The project covers the EIA for both the offshore wind
Great-Yarmouth based 3sun Group, a specialist provider of products and services to the global energy industry, has reported a turnover of £13.7 million for the financial year 2012/13. The company’s turnover increased almost three-fold from 2010/2011, going from £2.4million to £6.5million, and almost
In Q3 2013, revenues for Petroleum Geo-Services ASA (“PGS” or “the Company”) were 6% lower than in Q3 2012. EBIT margin for the Company ended at 30%, which is higher than in the previous quarter and in Q3 2012. The improved profitability is driven by PGS’ solid business model, combined with price op
CNOOC Limited announced that the first production from the Rochelle gas-condensate field in the UK North Sea has commenced. At Rochelle field, Nexen Petroleum U.K. Ltd. (“Nexen UK”), a wholly-owned subsidiary of the Company, acts as the field operator. The Rochelle field in Blocks 15/26b, 15/26c and
Solstad Offshore (SOFF) has signed a new contract with Constructora Subacuatica Diavaz S.A de D.V (Diavaz) for charter of SOFF’s CSV “Normand Fortress”. The duration of the contract is 2 years firm and will commence in direct continuation of present contract with the same client, in March 2014. The
Norwegian-based subsea contractor Ocean Installer AS has awarded GE Oil & Gas a contract to supply subsea tie-in connection systems that will support the development of the Gina Krog and Eirin gas fields in the Norwegian North Sea. Statoil Petroleum AS, which operates the Gina Krog (formerly known a
The Onshore Processing Facility (OPF) of the Kirinskoye gas and condensate field in the Sakhalin Region hosted an official ceremony dedicated to the first gas production and its transmission system testing. Taking part in the ceremony were Alexey Miller, Chairman of the Gazprom Management Committee,
The main focus of the OWIM Conference this year was cost reduction in offshore wind installation and maintenance, which would eventually lead toward cheaper electricity generated from offshore wind resources. Two sessions were held under the title Bringing Down LCOE (Levelised Cost of Energy), discu
Europa Oil & Gas (Holdings) plc, the AIM listed oil and gas exploration and development company with a combination of producing and exploration assets in Europe, announces the completion of a 1,500 sq km 3-D seismic acquisition programme on Frontier Exploration Licences (`FELs’) 2/13 and 3/13 in the
