The Petroleum Safety Authority (PSA) Norway has carried out an audit of Statoil’s management of the domains of electrical installations, safety instrumented systems and technical safety at Statfjord A platform, in the North Sea. The Statfjord field is in the Tampen area, in the northern part of the
Lundin Petroleum AB has announced that drilling of exploration well 7220/11-1 on the Alta prospect in the Barents Sea has been successfully completed and has encountered both oil and gas. The well is located 20 km northeast of the Gohta discovery (well 7120/1-3) and some 160 km from the Norwegian co
Russia’s Rosneft has finished geophysical exploration, including seismic data acquisition 3D and gravimagnetic survey on the West-Prinovozemelsky licensed site on the continental shelf of the Barents Sea. The scope of work totaled 2.8 thousand square km and it was conducted with a specialized scient
LNG player Gas Natural Fenosa of Spain said it has signed a deal to acquire Chile’s Compañia General de Electricidad (CGE) for EUR 2.6 billion. Gas Natural Fenosa plans to buy 100 percent of CGE’s stock, taking a minimum initial stake of 54,19 percent, according to a statement by GNF. CGE, an electr
Cowes Harbour Commission has received an application for a maintenance dredge licence at East Cowes Marina. The area to be dredged includes the Cowes P and Q basins and extends south to the R and S basins and the T basin. The final dredge level will be to approximately 2.5m below chart datum (CD). T
The dredging scheme of an 8km section of the rivers Parrett and Tone, part of the agency’s 20 Year Flood Action Plan for the Somerset Levels and Moors, began back in late March and is scheduled for completion by the end of October. The above picture shows floating plant working on the River Tone jus
Royal Boskalis Westminster N.V. (Boskalis), a leading global services provider operating in the dredging, maritime infrastructure and maritime services sectors, has provided another update on the company’s share buyback program. In the period from 6 October up to and including 10 October, Boskalis r
MAN Diesel & Turbo has received an order for four MAN B&W 5G70ME-GI engines in connection with Daewoo Shipbuilding & Marine Engineering agreeing a deal with the BW Group to build two LNG carriers. The technical engine specification complies with IMO Tier II, with options to include remedies for Tier
EGS International (EGSi) has been awarded a 3 to 5 year contract by the UK Maritime Coastguard Agency (MCA), as part of the UK Civil Hydrography Program (CHP). The CHP is a multi-million pound Government initiative to prioritise and survey the waters surrounding the British Isles. Under the CHP, EGS
The Petroleum Safety Authority (PSA) Norway has given Det norske oljeselskap ASA consent to use the existing facilities on the Alvheim, Vilje and Volund fields, and the new Bøyla field, in the North Sea. The background to this consent is Det norske‘s acquisition of Marathon Oil Norge AS and the comp
Subsea World News has put together a recap of the most interesting articles from the previous week (October 6 – October 12). Chiyoda Corporation, Xodus Group and Saipem International BV, a subsidiary company of Saipem Spa, have joined forces to set up a subsea engineering company named Xodus
Jumbo has completed the mooring system pre-installation for the Greater Stella Area (GSA) development as a main contractor for Ithaca Energy. Jumbo was managed by Costain Upstream, the subsea project management contractor for the GSA development. GSA is located in the Central North Sea, Central Grab
BP will start production from its Kinnoull field in the UK North Sea this month. According to Bloomberg, Bob Dudley, the oil giant’s CEO shared the information on Thursday, October 9, at an event in London. The Kinnoull field is one of the three reservoirs that are being developed as part of the rej
Boskalis Westminster has completed installation of the gravel pre-load on the Cowes new breakwater as scheduled, having deposited a total of 51,000m3 to bring the crest of the gravel core up to between 3.7 and 4.4 meters above chart datum. Five settlement beacons were also installed on the breakwate