The owners in the Snøhvit license have decided to stop the work on a possible capacity increase on Melkøya. The license has concluded that the current gas discoveries do not provide a sufficient basis for further capacity expansion. The license has not determined whether LNG or a pipeline solution i
Today Dana Petroleum (E&P) Limited, a wholly owned subsidiary of Dana Petroleum plc (Dana) takes over the operatorship of the Triton floating production storage and offloading vessel (FPSO) from Hess and Dana acquires Hess’ 28.28% stake in the Bittern field, increasing Dana’s share in the field to 3
Water does not forget, says Prof. Boris Koch, a chemist at the Alfred Wegener Institute for Polar and Marine Research in the Helmholtz Association. Irrespective of what happens in the sea: whether the sun shines, algae bloom or a school of dolphins swims through a marine area – everything and everyo
Fugro Seacore played a key role in the planning works for the proposed Rampion Offshore Wind Farm in the English Channel by installing the metrological mast 13 km from the port of Shoreham-on-Sea, and acting as EPC contractor for the project. Delivery, installation and commissioning were successfull
Aker Solutions has been awarded a four-year frame agreement from Statoil for delivering wireline tractor services on the Norwegian continental shelf. The frame agreement is valid for four years from 2013 to 2017, with two additional two-year options (2+2). Aker Solutions will deliver well interventi
Acteon Group Ltd today announces the acquisition of a majority interest in the company by an affiliate of Kohlberg Kravis Roberts & Co. L.P (together with its affiliates, “KKR”) from First Reserve, with management retaining a significant holding in the company. The executive management team will rem
Spectrum is continuing to implement its strategy for growth in the Multi Client Seismic market. As part of the company’s strategic growth plan Spectrum announces a strengthening of the Executive Management Team: Jørn Berle Christiansen has been appointed as Chief Technical Officer in Spectrum ASA Jø
Electromagnetic Geoservices ASA (EMGS) announces that it has commenced a fully pre-funded multi-client survey in the West of Shetland area. The vessel Atlantic Guardian will acquire controlled-source electromagnetic (CSEM) and magnetotelluric (MT) data for a minimum of three weeks in an area where b
The Petroleum Safety Authority Norway (PSA) has granted Marathon Oil Norge AS (Marathon) consent to use the facilities on the Vilje field in connection with the company assuming operatorship from Statoil as of 1 October 2012. A change of operatorship entails that the new operator must apply for cons
Recently Hydrex teams of diver/technicians mobilized to a 164-meter roro vessel berthed in Antwerp, Belgium and a 235-meter bulker at anchor in Punta Del Este, Uruguay to perform underwater hull repairs. Despite the smaller scale of these operations they are nonetheless vital for shipowners if they
Sevan Marine ASA announced that the tow of the FPSO “Voyageur Spirit” from the Nymo upgrade yard at Eydehavn, Arendal to the Huntington Field in the UK sector of the North Sea has now commenced. The “Voyageur Spirit” let go of the moorings at 07:50 hrs Sunday morning, September 30, and is estimated
The finalists for the Oil & Gas UK Awards, sponsored by Shell U.K. Limited, have been announced. This year’s awards are set to be the most hotly contested yet, after a record number of entries were submitted across the five categories. The prizes will be awarded at the annual awards ceremony at Aber
London’s Royal Naval Reserve (RNR) unit, HMS President, was the hub of the Royal Navy’s security operation on the River Thames during the London 2012 Olympic and Paralympic Games. With its riverside location by Tower Bridge, and rapid access via road or water to all key venues, HMS President proved
Today Van Oord’s first shallow water pipe lay vessel Stingray was named at the COSCO shipyard in Nantong, China. The naming ceremony was performed by Mrs A. Athmer-Albersen, wife of Managing Director Offshore, Mr J.B.E.M. Athmer. Stingray is designed in accordance with the highest quality and safety