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 [...]
February 2, 2012 | Posted in
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Antrim, an international oil and gas exploration and production company headquartered in Calgary, Canada, today announced that it has signed an agreement with Valiant Petroleum plc to proceed with early installation of subsea facilities for the development of the Fionn Field in the UK Northern North Sea block 211/22a South East Area (the “Fionn Agreement”). [...]
January 24, 2012 | Posted in
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Eni, an Italian multinational oil and gas company, has been awarded a new exploration license (PL657) in the Barents Sea, located just east of the Goliat Field, also operated by Eni. The license has been awarded by the Norwegian Ministry of Petroleum and Energy as part of the 2011 APA to the Joint Venture consisting of [...]
Wilton Engineering Services Limited (WESL), has been awarded a significant UK North Sea contract with international integrated energy company, ConocoPhillips. The award to fabricate the Long Term Compression (LTC) module for the Britannia field will create up to 100 new jobs with a further 150 sub-contract jobs taking the total to 250 jobs for Teesside. [...]
Rolls-Royce has won an order for gas turbine and compression equipment for the Tapis oil and gas field, offshore Malaysia. The equipment will be utilized by ExxonMobil Exploration and Production Malaysia (EMEPMI) to expand and extend the production of the field. The order includes two Rolls-Royce RB211-GT61 gas turbines, each driving twin Rolls-Royce RCB and [...]
January 17, 2012 | Posted in
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Jacka Resources Limited has closed the transaction with Providence Resources Pic (“Providence”) for the acquisition of a direct equity interest in the OML 113 licence offshore Nigeria, which includes the Aje oil and gas field. Jacka has made the required US$10 million payment (including deposit of US$1 million) representing the first tranche instalment required under [...]
January 16, 2012 | Posted in
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On Wednesday afternoon, Statoil temporarily shut down production at its LNG plant at Melkøya outside Hammerfest following rupture of a fire water line. The fire water unit is part of the plant’s safety system, and Statoil implemented a controlled production shut down. A water leakage at the rupture site has excavated some of the soil [...]
January 13, 2012 | Posted in
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FMC Technologies, Inc. announced today that it has signed an agreement with Anadarko Petroleum Corporation to provide subsea systems and life-of-field services for its Lucius project. The Lucius field is located approximately 275 miles southeast of Galveston in Keathley Canyon Block 875, in water depths of approximately 7,100 feet (2,160 meters). FMC’s scope of supply [...]
Alliance Engineering, a subsidiary of Wood Group, has been awarded the detailed engineering and design of the topside facilities and deck for Williams Partners’ Gulfstar FPS™ spar production platform. This wet-tree platform will be installed in block 768 of the Gulf of Mexico’s Mississippi Canyon area to produce oil and gas from the Tubular Bells [...]
January 11, 2012 | Posted in
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Norway’s Det norske oljeselskap ASA has commenced drilling of exploration well 25/6-4 S in PL414. Target for the well is the Kalvklumpen prospect. The well will be drilled in the central part of the North Sea about 20 kilometres southeast of the Frøy field and 37 kilometres northeast of the Heimdal field. The well is [...]
