On behalf of its co-venturers BP announces an agreement to invest up to £700 million to progress a project to develop the Kinnoull reservoir in the central North Sea. Kinnoull is the largest of three reservoirs that are being developed as part of the Andrew Area developments project, and contains 45
In 2010 Amarcon’s OCTOPUS-DP Capability forecast for efficient offshore DP operations was brought to the market. The OCTOPUS-DP functionality gives offshore vessels the possibility to make optimum use of a safe time window for their weather-sensitive operations. The first installation of the OCTOPUS
OAO Gazprom will start pumping gas into a $10 billion subsea natural-gas pipeline from Russia to Germany, bypassing Ukraine, where disputes… (Bloomberg) [mappress] Source: Bloomberg, September 06, 2011;
China’s application to carry out deep sea mining and exploration activities in South-West Indian Ocean Ridge has been approved by Internatio… (zeenews) [mappress] Source: zeenews, September 06, 2011;
A major piece of new equipment, designed to be a key element of the UK offshore oil and gas industry’s oil spill response capability, has been constructed, tested and is available for deployment. The capping device is to be revealed today (6 September) by Energy Minister, Charles Hendry MP, at the S
In a detailed assessment of the Deepwater Horizon oil spill, researchers led by a team from the Woods Hole Oceanographic Institution (WHOI) have determined that the blown-out Macondo well spewed oil at a rate of about 57,000 barrels a day, totaling nearly 5 million barrels of oil released from the w
Aubin, a leading independent supplier of specialist chemicals to the energy industry, has successfully completed offshore sea trials for the recently launched Gel Lift System (GLS). GLS, a potentially game-changing new product that could save millions of pounds when installing offshore renewables in
The board of Bahamas Petroleum noted press speculation over the weekend and announced that the Company is in the process of finalising the appointment of Simon Potter as Chief Executive Officer of the Company. Mr Potter’s appointment is subject to final approval from the Company’s nominated adviser.
M-I SWACO announced at the Offshore Europe 2011 Oil and Gas Conference and Exhibition the release of the WELL SCAVENGER* vacuum debris removal tool, which is designed specifically to capture and remove debris from the wellbore during intervention activities. Wellbore conditions can create inefficien
Plexus Holdings PLC, the AIM quoted oil and gas engineering services business and owner of the proprietary POS-GRIP® friction-grip method of wellhead engineering, has won a contract to supply Centrica Energy (‘Centrica’), a leading UK oil and gas company, to supply wellhead equipment, mudline casing
Technip was awarded an installation contract, worth approximately €40 million, by Maersk Oil North Sea UK Limited for the Gryphon Area Reinstatement Programme – GARP, located about 320 kilometers North-East of Aberdeen in 110 meters of water. This contract covers installation of 15 dynamic risers, 2
TGS has commenced a new 1,000 km multi-client 2D survey in Northeast Greenland in partnership with Fugro. This survey will enable customers to prepare for the announced Greenland Licensing Round in 2012/2013 and will significantly add to a data set that TGS has been growing since 2008 in this promis
Dolphin Geophysical AS announces the name of vessel NB533 as M/V Polar Duchess. The vessel option expires on 1st November and it is highly likely that company will exercise the option. Good progress in the Factorias Volcano yard, Spain, safeguards a Q4 delivery ready for the North Sea season at the
Emerson Process Management today launched its Roxar CorrLog & SandLog Wireless transmitters. The new system combines Emerson’s Smart Wireless technology with Roxar corrosion and sand monitoring instrumentation to provide a complete wireless integrity management solution for protecting operators’ dow
