BG Norge AS has been granted consent to use subsea facilities and pipelines on the Gaupe field. The Gaupe field is part of production licence 292 and lies about 240 km southwest of Stavanger, near the border to the UK shelf. The water depth in the area is about 85 metres. Production is scheduled to
Dong E&P Norge AS has received consent to use a subsea facility and pipeline on the Oselvar field. The Oselvar field is located southwest of Ula and northwest of Ekofisk. The field was discovered in 1991 and is part of production licences 274 and 274CS. Water depth at the site is approx. 72 metres.
SeaBird published results for the fourth quarter of 2011 with the following highlights: · A Letter of Intent entered into between SeaBird and Fugro Norway on 3 October 2011 for the sale of the OBN business, completed on 8 December 2011. The transaction also includes two SeaBird vessels on time chart
Endeavour International Corporation reported fourth quarter 2011 net income (loss), as adjusted of $(5.8) million compared to $81.1 million for 2010, when it reported an $87 million gain on the sale of its North Sea asset Cygnus. On a GAAP basis, net loss for the fourth quarter of 2011 was $44.6 mil
Technip was awarded two subsea contracts under the Diving Frame Contract with Statoil, for the Åsgard and Gudrun & Valemon projects. The total value of the contracts is around €45 million. The Åsgard contract includes deep water testing of the PRS remote hot-tap equipment, preparations works, instal
Royal Netherlands Navy Locate Two Drowning Victims with VideoRay ROVs within Two Months of the Systems Being Delivered On January 10, 2012 VideoRay LLC of Phoenixville, PA, along with Dutch partner Nautikaris BV of Ijmuiden, Netherlands, completed the site acceptance test of four VideoRay Pro 4 subm
Polarcus Limited announces that the Company has received a Letter of Intent from an undisclosed client for a 3D seismic acquisition project offshore NW Europe. The program will commence imminently and is expected to run for approximately 75 days. About Polarcus Polarcus is a pure play marine geophys
Nord Stream AG won the inaugural “Pipeline Project of the Year” award at the 2012 European Gas Conference. The award, which was presented by The Energy Exchange in conjunction with Natural Gas Europe, recognises Nord Stream’s achievement in starting to make its contribution to energy security in the
Technip, in partnership with DSME, was awarded by DONG E&P and BAYERNGAS, a contract for the HEJRE project development, offshore Denmark, at a water depth of 70 meters. This contract covers engineering, procurement, fabrication, hook-up, and commissioning assistance for a fixed wellhead and process
Saint Petersburg hosted a working meeting between Alexey Miller, Chairman of the Gazprom Management Committee and Christophe de Margerie, Chairman of the Board of Directors and CEO of Total. The meeting discussed the main issues of Phase 1 implementation at the Shtokman field and, inter alia, the sc
A proposed scheme, according to which a major power cable would be built under the Adriatic Sea, will obtain essential backing from the European Bank for Reconstruction & Development (EBRD), reports UTILITYWEEK. The transmission line would be built between Italy and Montenegro, thus it would account
DONG Energy and Bayerngas have decided to develop the Hejre field in the Danish North Sea. DONG Energy is the operator and has a 60 per cent stake in the field. Bayerngas owns 40 per cent. The total investment in the development of the Hejre field is DKK 12.1 billion. DONG Energy’s share is DKK [&he
Docking-based Tidal Transit has won its first contract in the offshore servicing industry for its state-of-the-art support vessel Ginny Louise. The contract was signed with Greater Gabbard Offshore Wind Ltd, which is developing the 140-turbine Greater Gabbard offshore wind farm off the Suffolk coast
Providence Resources P.l.c., the London (AIM) and Dublin (ESM) quoted oil and gas exploration and production company, provides an operational update on its ongoing well operations in the North Celtic Sea Basin, offshore southern Ireland. The 48/24-10z Barryroe appraisal well is located in c. 100 met
