The government has approved a Talisman project that will extend the life of North Sea oil fields and unleash millions of pounds of extra investment for the UK economy. The £1.6 billion MonArb Area Redevelopment Project will mean the production of a further 100 million barrels of oil equivalent from
Electromagnetic Geoservices ASA (EMGS) has in response to industry demand expanded the previously announced multi-client basalt mapping project in the West of Shetland area to the Vøring Basin in the Norwegian Sea. The vessel Atlantic Guardian will therefore continue to acquire controlled-source ele
Maersk Drilling and Maersk Training have once again put themselves in the forefront of competence development by investing USD 10 million in a new drilling simulator complex. The complex will be inaugurated today at Maersk Training in Svendborg, Denmark.. The most advanced drilling simulator complex
Electromagnetic Geoservices ASA (EMGS) has in response to industry demand expanded the previously announced multi-client basalt mapping project in the West of Shetland area to the Vøring Basin in the Norwegian Sea. The vessel Atlantic Guardian will therefore continue to acquire controlled-source ele
Grup Servicii Petroliere S.A. has been awarded the contract for pipelay and trenching services for the Hunter Pipeline Replacement Project by E.ON E&P UK LIMITED. The scope of work comprises installation of 8 km 8’’ pipeline between Hunter well head and Murdock K well, trenching and backfilling, sur
Aberdeen based Wood Group Engineering (North Sea) Ltd has awarded a contract to Seaway Heavy Lifting Contracting Ltd for the transportation and installation of two weather monitoring stations for the East Anglia Offshore Wind zone, located in the Southern North Sea, East Anglia Field, UK. The offsho
The executive committee of Euronav NV announced that the company sold the VLCC Algarve (1999 – 298,969 dwt) for a selling price of USD 35,875,000 million and that the vessel was delivered to its new owner. A capital gain of USD 7.3 million will be recorded whilst the net cash proceeds available to t
Last week, during the EEA grant conference arranged by Innovation Norway and CDTI in Bergen, the Norwegian company Langlee Wave Power and Repnaval Shipyard (Zamakona Yards) signed an agreement for the development of wave power in the Canary islands. The two companies will file a common application t
Statoil’s internal investigation report following the gas leak on the Heimdal platform on 26 May this year has been submitted to the Petroleum Safety Authority Norway. The gas leak occurred in connection with a routine operation where a valve was overloaded and gas leaked into the surrounding area.
Bridge, the Oslo Axess and AIM listed oil and gas exploration and production company announces that the drilling of exploration well 16/1-16 has started on the Asha/Noor prospect in Norway. This multi-target well, located on the western flank of the Utsira High in the Norwegian North Sea has the pot
RWE Dea Norge AS, a subsidiary of the German oil and gas company RWE Dea AG, has signed an agreement with Dolphin Drilling AS to use the Bredford Dolphin rig, in cooperation with three other oil companies. For RWE Dea Norge the contract entails full rig capacity in the years ahead for the planned dr
Fastnet Oil and Gas plc (“Fastnet” or the “Company”), the recently listed E&P company focussed on near term exploration acreage in the Celtic Sea and Africa,has announced that its wholly-owned subsidiary, Fastnet Oil and Gas Ireland Ltd, has signed an agreement with WesternGeco Seismic Holdings Ltd
Last Friday “Vestland Mira”, owned by the shipping company Vestland Offshore, was named in Balestrand in the Norwegian county of Sogn and Fjordane. Only seven minutes after the naming ceremony, the Havyard-designed vessel “Vestland Mira”, went straight into work on a contract in The North Sea. “We h
Exploration drilling on the Jette gas and condensate prospect in production licence 385 began on 21 October in the Norwegian Sea. Located 16 kilometres north-west of the Norne production ship, this prospect is roughly 209 kilometres from Brønnøysund in northern Norway. The 6607/12-3 well is being dr
