Wishing to increase performance and quality of the company’s consultancy within Pipelines & Subsea projects, Ramboll Oil & Gas has appointed Lars Eriksen to a newly established position as Project Director. The Pipelines & Subsea department in Copenhagen is now lead by Søren Skovgård Møller. This organisational up scaling is due to recent positive business [...]
February 3, 2012 | Posted in
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Petroleum Safety Authority Norweay has given consent to Wintershall Norway ASA for exploration drilling in the North Sea with the semi submersible rig Songa Delta. The consent applies to drilling of exploration well 35/9-7 as part of PL 418 with Wintershall Norway ASA as operator. The well is located approx. 139 km from Flesland airport [...]
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Norwegian Energy Company (Noreco) in January 2012 produced 1,653 barrels of oil equivalents (boe) per day. Net realized oil price was USD 99 per boe after adjustments for oil put options, inventory, NGL and gas prices. Production continued to be negatively impacted by weather conditions in the North Sea, resulting in periods of shutdown of [...]
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Xcite Energy, has negotiated an amendment to its rig contract with British American Offshore Limited, a subsidiary of Rowan Companies Inc. The amendment provides additional flexibility around timing of the provision of a heavy duty, harsh environment jack up drilling unit, which will better suit the revised work programme as anticipated for Phase 1B of [...]
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Further to the announcement dated September 20, 2011, the Boards of NKT Holding NS and Subsea 7 S.A. have completed their review of strategic alternatives for the future development of NKT Flexibles (the “Company”) which has been operated as a joint venture between NKT Holding A/S (51%) and Subsea 7 S.A. (49%) since 1999. Since [...]
Aberdeen-based experts Ecosse Subsea Systems are preparing to showcase their innovative subsea technology at Europe’s largest conference and exhibition for the industry. During the Subsea 2012 event at Aberdeen Exhibition & Conference Centre (AECC) on February 8th and 9th, Mike Wilson and his team will exhibit the wholly owned subsea trenching system SCAR which is [...]
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French oil giant, Total, operator of the Hild license, launches the development of Hild field located in the Norwegian North Sea. This development will represent an investment of US$4.2 billion (NOK 25.6 billion) and is subject to the approval of the Norwegian Ministry of Petroleum and Energy and Norwegian Parliament (Storting). Total holds a 51 [...]
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Royal Dutch Shell’s fourth quarter 2011 earnings, on a current cost of supplies (CCS) basis, were $6.5 billion compared with $5.7 billion in the same quarter a year ago. Full year 2011 CCS earnings were $28.6 billion compared with $18.6 billion in 2010. Fourth quarter 2011 CCS earnings excluding identified items were $4.8 billion compared [...]
The platform supply vessel M/V Blue Fighter of PX121 design delivered by ULSTEIN in January has won a contract with American company Apache for work in the North Sea. The ship was delivered from Ulstein Verft to Blue Ship Invest on 19 January, and entered the spot market in the British North Sea sector directly. [...]
UAE-based seismic specialist, Polarcus Limited has received a Letter of Intent from Shell Kanumas A/S for a nominal 8,500 sq. km 3D seismic acquisition project offshore Greenland. The project, to be acquired by two ICE-1A/1A* class vessels, POLARCUS AMANI and POLARCUS SAMUR, will commence in Q3 2012. Delivered Q1 2011 Polarcus Samur is an ultra-modern [...]
