Electromagnetic Geoservices ASA has provided the summary of vessel activity and utilisation for the first quarter of 2014. EMGS defines “vessel utilisation” as the percentage of the vessel charter period spent on contracted or multi-client data acquisition. Vessel utilisation for the first quarter 2
At 07.25 on 7 April, Statoil and its partners (GDF SUEZ and OMV) started production on the Gudrun oil and gas field in the North Sea. “Gudrun is the first new Statoil-operated platform to come on stream on the Norwegian continental shelf since 2005. This is a red-letter day for the company,” says Ar
Electromagnetic Geoservices ASA (EMGS) has received a Letter of Award (LOA) from North Energy ASA for a contract of $3.3 million for 3D EM data acquisition over and in the vicinity of license PL509S in the North Sea. “This contract means that EM is becoming accepted as an exploration tool in the Nor
Norwegian seismic survey specialist Dolphin Geophysical today said it re-positioned the operative seismic vessels in end of 2013 and has achieved high vessel utilization and good performance on theseismic fleet which provided the company with historical high total revenues of $80 million for the fir
Kentz Corporation, the holding company of the Kentz engineering and construction group, announced the award of an AUS$615m (US$570m) contract to it’s Australian subsidiary for the Electrical and Instrumentation (E&I) construction packages for the Ichthys Project Onshore LNG Facilities in Darwin, Aus
In May 2013 PA Resources entered into an agreement to sell to EnQuest 70% interests in, and to transfer the operatorship of, the offshore assets in Tunisia which include the Zarat Permit and the Didon Concession. Due to the political situation in the country the transaction is still waiting to be ra
Femern A/S has received a total of 17 tenders from nine major international contractors or consortia wishing to participate in the construction of the world’s largest immersed tunnel. This represents another significant milestone in the course of the project scheduled for completion in 2021. ”This i
Norwegian fabrication company Kvaerner on Wednesday celebrated the completion of the jacket, which is a part of Lundin Petroleum-operated Edvard Grieg project, at its yard in Verdal. Following the tradition the jacket got a symbolic name based on historical Norwegian culture. According to Kvaerner’s
3sun Group, a specialist provider of products and services to the global energy industry, has successfully completed a full life cycle project for a North Sea oil and gas exploration and production company, worth more than £1million. The client’s topside system posed a significant challenge as the a
ABB has won an order worth around $40 million from Energinet.dk, the Danish transmission system operator, to build an alternating-current (AC) power cable system that will help integrate and transmit power from the Horns Rev 3 offshore wind farm. The order was booked in the first quarter. The new Ho
3sun Group, a provider of products and services to the global energy industry, has successfully completed a full life cycle project for a North Sea oil and gas exploration and production company, worth more than $1.7 million. The client’s topside system posed a significant challenge as the aging sys
The Offshore Renewable Energy Catapult and the National Renewable Energy Centre are merging to form a national champion for the development and cost reduction of offshore wind, wave and tidal energy across the UK. The move will see the world-class research, development, demonstration and testing fac
Norwegian Energy Company (Noreco) in March 2014 produced 8 615 barrels of oil equivalents per day (boepd) on average. Net realised prices in March were USD 98.3 per barrel of oil equivalents (USD 105.7 per barrel of oil) after adjustments for inventory, NGL and gas prices. For the first quarter 2014
Systems Navigator said it was selected to support H-Gas in drafting the commercial agreements and in assisting in negotiating the contracts with LNG terminal customers by using simulation modelling techniques. H-Gas is setting up a LNG regasification terminal at the west coast of Maharashtra, India.
