Noreco, a Norwegian company with a stake in Huntington field in the Southern North Sea, offshore UK, has announced that all risers are connected to the subsea facilities, and consequently the entire Huntington system is fully connected from the wells to the FPSO Voyageur Spirit. The final subsea preparations for first oil and pre-commissioning are [...]
![Rep. Markey to End Big Oil’s Subsidies? (USA)]()
BP announced, on February 5, a 2012 profit of nearly $12 billion, pushing total profits for the five largest oil companies to $119 billion for the year. As oil company profits approach record levels, drivers across America are facing gas prices that have surged 17 cents per gallon in just the last week, and 15 [...]
February 7, 2013 | Posted in
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Terra Nova FPSO vessel operating offshore Newfoundland and Labrador is in the final stages of commissioning in preparation for start-up following planned maintenance, Suncor today announced. The FPSO is expected to return to full production rates around the end of December. Suncor Energy operates the Terra Nova field, which is located approximately 350 kilometres southeast [...]
Atwood Beacon rig is expected to arrive at a drilling location in the East Mediterranean tomorrow, globes.co.il has reported. Upon arrival the rig will start drilling on Yam 3 prospect, operated by Shemen Oil and Gas resources. The well is located at the Shemen/387 license, off the coast of Palmachim, Israel. The Israeli financial news [...]
Anglo-Dutch oil company Shell, last night announced it concluded its 2012 drilling campaign offshore Alaska, USA. After several weeks of drilling at Beaufort and Chukchi Seas, the mandatory close of the offshore Alaska drilling window has put the oil giant’s arctic drilling season to an end. In a statement published on its website Shell said: [...]
SBM Offshore, a Dutch based provider of systems and services to the global offshore oil and gas industry on Friday announced it has together with Talisman presented a plan to the Petroleum Safety Authority Norway regarding repairs of the grouting of the legs of the Yme platform. The repairs follow the decision by the operator [...]
The Gazprom Board of Directors today reviewed the progress with the South Stream project. The meeting discussed the operational status of the offshore and onshore sections of the gas pipeline. It was underlined that the project was being implemented according to schedule and the South Stream construction would be launched in December 2012. The Gazprom [...]
India’s Essar which ordered two jack-up rigs from the compatriot ABG Shipyard back in 2008, is expected to take delivery of the first rig in December this year. The second rig is scheduled for delivery by 2Q 2013. Under the original contract, ABG Shipyard was expected to deliver the jack-ups in 2010 and 2011. According [...]
The Supervisory Board of RWE Dea AG, a Hamburg based international company operating in the field of exploration and production of natural gas and crude oil, on Friday, February 10, appointed Dirk Warzecha as member of the Executive Board of the company, to take effect on 1 November 2012. As of 1 January 2013, he [...]
February 12, 2012 | Posted in
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![Essar to Install 3 Platforms Offshore India by March End]()
Essar Projects has today announced the completion of Rs.1,064crores D1 Development Project for ONGC by end-March 2012. The project includes installation of three offshore platforms, layingof subsea pipelines to connect the three platforms to the existing floating production, storage and offloading (FPSO) through a Pipeline End Manifold (PLEM). All new platforms, the PLEM and the [...]
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