Speed was critical when Statoil wanted to use the West Elara jackup rig to install a high-pressure drilling riser for two wells in 132m of water at a Gullfaks satellite field, Norway. The riser had to be ready for installation in eight months to meet the rig’s operational schedule. Claxton Engineeri
Earthquakes may play a larger role in triggering the release of greenhouse gases, like for instance methane, than previously believed. In a study, which was published online in Nature Geoscience on July 28th, an international team of scientists investigated the aftermath of a magnitude 8.1 earthquak
The Nexans Board of Directors meeting on July 24, 2013, under the chairmanship of Frédéric Vincent, approved the Group’s consolidated financial statements for the first half of 2013. Sales for the first half of 2013 came to 3.412 billion euros at current non-ferrous metal prices compared with 3.577
The Department of Transport, Tourism and Sport has been advised that the Marine Institute on behalf of Kinsale Energy Limited is scheduled to conduct a pipeline and Platform Superstructure survey in the Celtic Sea off the South Coast of Ireland between 22nd July and 30th August 2013. The survey will
The world’s leading cable protection company for the offshore wind industry, Tekmar Energy, has announced ambitious plans to return to the oil and gas market, whilst maintaining its leading position in offshore renewables. As part of the firm’s blueprint for growth it aims to generate £15million in
Ofgem has appointed the Balfour Beatty Equitix Consortium as the preferred bidder to own and operate the high voltage transmission links to the Gwynt y Môr wind farm. At 576MW it is currently the second largest project to have reached this tender stage. The estimated value of the transmission assets
Enegi, the independent Oil and Gas Company with a portfolio of assets located in the UK North Sea, Newfoundland Canada, Ireland, and Jordan provides an update on North Sea Licence P1974 containing the Malvolio prospect in Block 3/23a (“the Block”). Further to the announcement of 31 January 2013, the
ABB reported higher revenues and earnings in the second quarter of 2013 despite challenging global markets. “We continue to see the positive impact on our results from our balanced geographic and business portfolio,” said ABB Chief Executive Officer Joe Hogan. “We grew orders in a number of key sect
Providence Resources P.l.c., (“Providence”) the Irish oil and gas exploration and development company, whose shares are quoted in London (AIM) and Dublin (ESM), provides an update on the Barryroe oil field (“Barryroe”) in the North Celtic Sea Basin, offshore Ireland. Providence (80%) operates Barryr
Petroleum Geo-Services ASA announces second quarter and first half 2013 results with the following highlights: – Revenues of $381.7 million, compared to $404.8 million in Q2 2012 – EBIT of $110.6 million, up 28% from Q2 2012 – Group EBIT margin of 29%, up from 21% in Q2 2012 – EBITDA of $209.6 milli
On July 23, 2013, Technip’s Board of Directors approved the second quarter and first half 2013 consolidated accounts. Thierry Pilenko, Chairman and CEO, commented: “Technip’s second quarter results enable us to maintain our 2013 full year revenue and profit objectives. In Subsea, progress and close-
Statoil’s second quarter 2013 net operating income was NOK 34.3 billion. Adjusted earnings were NOK 38.0 billion. “Statoil delivered an operationally solid quarter. We produced as planned, delivering record production from our portfolio outside Norway. We are on track and maintain our guidance for 2
Leading UK marine consultancy ABPmer has been commissioned by Guernsey Electricity Limited to undertake the environmental scoping studies in support of future submarine power cable projects. The company is seeking to install two submarine power cables between Guernsey and Jersey and Guernsey and Fra
DONG Energy has announced the results from two exploration wells that were drilled in the West of Shetlands at the end of 2012 and early 2013. After initial analysis, the Cragganmore exploration well is confirmed as a gas discovery and the Glenrothes well has been plugged and abandoned. The next sta
