Greenpeace activists wearing polar bear costumes protested yesterday against Statoil’s arctic drilling plans in front of the oil company’s Moscow office. The three ‘polar bears’ chained themselves to oil barrels with signs saying “The Arctic is worth more than oil” and “We are hostages of your greed” to protest against the partnership between Norwegian company [...]
In light of ConocoPhillips’ decision to suspend plans to drill offshore Alaska in the Chukchi Sea, the previously announced contract for the newbuild jack-up rig Noble Houston Colbert, has been terminated by the U.S. oil company effective immediately. Per the terms of the contract, ConocoPhillips will pay Noble Corporation, the owner of the rig, a cancellation fee [...]
Arctic offshore vessel NB 507 was named after Russian Navigator Aleksey Chirikov at Arctech Helsinki Shipyard 11 April 2013. The vessel will be delivered to the largest Russian shipping company Sovcomflot the next week and it will continue its path straight to Sakhalin area in Far East Russia, where it will supply the Arkutun-Dagi oil [...]
ConocoPhillips yesterday announced it will put its 2014 Alaska Chukchi Sea exploration drilling plans on hold given the uncertainties of evolving federal regulatory requirements and operational permitting standards. The company has determined it would not be prudent at this time to make the significant monetary commitments needed to preserve the option to drill in 2014. “While we are [...]
Two Greenpeace activists wearing polar bear costumes have climbed aboard the West Hercules semi-submersible drilling rig at Westcon Shipyard in Ølensvåg, Norway. “I got news from my friends and colleagues home in Norway that they took action today at the Statoil oil rig, West Hercules, that is about to set out to drill for oil [...]
Alexey Miller, Chairman of Gazprom Management Board, and Jorma Ollila, Chairman of the Board of Directors of Royal Dutch Shell plc , in the presence of the President of Russia, Vladimir Putin, and Prime Minister of the Netherlands, Mark Rutte on Monday signed a Memorandum that sets out the principles of co-operation in offshore projects [...]
The Norwegian Petroleum Directorate (NPD) has granted Wintershall Norge ASA a drilling permit for well 6406/6-3, in the Norwegian Sea. The well will be drilled from the Transocean Arctic drilling rig after completing the drilling of appraisal well 35/9-8 for Wintershall Norge ASA in production licence 418. The drilling programme for well 6406/6-3 relates to [...]
The U.S. Interior Department Secretary Ken Salazar yesterday, March 14, announced the findings of a Departmental review of Shell’s 2012 Arctic operations, which will help guide the conduct and oversight of future Arctic exploration. In January, Secretary Salazar directed the high-level review of Shell’s 2012 offshore drilling program in the Beaufort and Chukchi Seas – including the [...]
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Royal Dutch Shell announced Feb. 27 that it would suspend offshore drilling operations north of Alaska for the remainder of 2013 due to several accidents in this remote area last year, according to an article published in the New York Times on Feb. 27. Louisiana offshore injury lawyer William Gee III today said he was [...]
DNV and Statoil are today launching a competence programme that aims to enhance the two organisations’ knowledge about particular Arctic challenges. “Due to Arctic-specific risks such as remoteness, darkness, ice and low temperatures, it is utterly important to take a stepwise approach in which we learn and improve from the experience gained. Our complementary roles [...]
