“Statoil has completed a fantastic year, both in terms of exploration successes, and the development of our portfolio on the Norwegian continental shelf (NCS),” says Øystein Michelsen, executive vice president for Development and Production Norway. According to Michelsen the NCS will remain the back
Providence Resources P.l.c., the London (AIM) and Dublin (ESM) listed oil and gas exploration and production company, confirms that its wholly owned UK subsidiary PR Singleton Limited has been offered a frontier exploration licence over six blocks in the Rathlin Basin, offshore Northern Ireland by t
Statoil’s drilling of the Skinfaks South well in the North Sea has been completed and the estimated volume is between 1.9 and 6.9 million barrels of oil equivalents. This is the fourth infrastructure-near discovery in the Gullfaks area in a 10 month period. Light oil has been confirmed in Middle Jur
Statoil has chosen to take out an additional two-year option on the existing contract for diving services with Technip Norge AS. According to a cooperation agreement, ExxonMobil and Gassco could also be potential users of this contract. The manned underwater operations will be conducted from DSV Ska
While others were about to enjoy their New Year’s Eve dinner, the installation vessel Svanen started installation of the first monopile at Anholt Offshore Wind Farm, and the construction of Denmark’s largest offshore wind farm has now started. According to the original schedule, Svanen was supposed
Aquaterra has successfully installed a ‘world first’ 10,000psi rated, 20” I.D. full bore drilling riser for Apache North Sea. The unique High Pressure Riser System was designed specifically for Apache North Sea to drill three subsea wells on the Bacchus field from the Rowan Gorilla VII. The installa
KV Ventus B.V., a wholly-owned subsidiary of Keppel Corporation Ltd. (Keppel) has entered into a share purchase and subscription agreement and shareholders’ agreement to acquire a 49.9% stake in offshore wind turbine foundation designer OWEC Tower (AS) for about NOK 61 million. OWEC Tower, headquar
GSP Prince provides survey services & support for the South Stream project. The operations performed from GSP Prince covered by now about a half of the 900-kilometer long route with most of the South Stream pipeline route lying at depths of over 2 kilometers. A record reduction in time has been achi
Energy Minister Charles Hendry set out his hopes for a “prosperous 2012” in the oil and gas sector, as he awarded 46 new licences to explore for hydrocarbons in the North Sea. These awards were made as part of the 26th offshore oil and gas licensing round, which was originally announced in October 2
Yantar Shipyard (PCZ) is planning to conduct mooring trials, ordered by the Russian Ministry of Defense, for Research & Survey Vessel Seliger in January 2012. ‘Seliger’ is a heading vessel of Project 11982 elaborated by the Central Marine Design Bureau ‘Almaz’. Shipyard ‘Yantar’ has signed the Shipb
Yesterday in Moscow the Turkish party officially handed a note by the Turkish Ministry of Foreign Affairs regarding the South Stream project at a meeting between Vladimir Putin, Prime Minister of the Russian Federation and Taner Yildiz, Minister of Energy and Natural Resources of the Republic of Tur
Aker Solutions has been awarded a job by Statoil for the engineering, procurement and construction of a subsea production system for the Svalin project on the Norwegian continental shelf. The contract value is approximately NOK 400 million. Scope of work includes two subsea trees, one four-slot inte
Antrim, an international oil and gas exploration and production company headquartered in Calgary, Canada, today announced that the UK Department of Energy and Climate Change (“DECC”) has approved the Field Development Plan (“FDP”) for the Causeway Field in the UK North Sea Block 211/23d. Antrim hold
Endeavour International Corporation announced that its subsidiary, Endeavour Energy UK Limited, has entered into a purchase and sale agreement to acquire ConocoPhillips’ interest in three producing U.K. oil fields in the Central North Sea for $330 million, including approximately $94 million of tax
