Greenlandic regulations require that companies conduct a Social Impact Assessment before undertaking exploration drilling activities. A key part of this assessment is a Social Baseline Study, which provides descriptions of existing social conditions, development trends and development goals in the communities potentially affected by exploration drilling in the area. Four oil and gas companies are [...]
Fishes residing near oil platforms in southern California have similar contaminant levels as fishes in nearby natural sites, according to two recent reports by the U.S. Geological Survey, which were conducted to assist the Bureau of Ocean Energy Management (BOEM) in understanding potential consequences of offshore energy development. Since the underwater portion of many offshore [...]
OIL and gas industry skills body OPITO has commissioned a new study which aims to identify the skills and competence gaps in offshore supervisors and how this impacts on the prevention of major safety incidents. Researchers at Robert Gordon University are undertaking in-depth interviews with current, former and retired offshore installation managers (OIMs) with extensive [...]
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Australia: Attractive payback periods from the additional investments required for LNG fuelled shipping, along with no significant legal restrictions hindering development of LNG bunkering in Australia. This is the conclusion of a Joint Industry Project (JIP) focusing on LNG fuelled tugs and OSVs, managed by DNV with nine partners in Australia.
An Irish based offshore oil and gas exploration and production company Providence Resources has provided an update on its Barryroe oil field in the North Celtic Sea Basin, offshore Ireland. Providence (80%) operates Barryroe on behalf of its partner Lansdowne Oil and Gas plc (20%). The area is located in Standard Exploration Licence (SEL) 1/11 [...]
Rosneft and ExxonMobil today announced the selection of Vostochniy Offshore Structures Construction Yard to conduct a concept evaluation and feasibility study for a platform capable of safely exploring Kara Sea’s shallow waters. Key attributes of the platform concept are safety and environmental protection measures for operating in Arctic conditions and the ability to withstand extreme [...]
September 6, 2012 | Posted in
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A new study about crucial risk management issues relating to Arctic operations is released by DNV and the Fridtjof Nansen Institute (FNI). This concludes that, in order to safely develop Arctic resources, there is a need for improved technology, oil spill preparedness and close cooperation between the authorities, industry and society. DNV’s CEO, Dr Henrik [...]
Höegh LNG,a company specializing in floating LNG solutions , has signed an agreement with an undisclosed client to start a project specific engineering and cost study for an LNG FPSO solution. The study is estimated to take 3 to 4 months, at which point a decision shall be made as to whether or not a [...]
May 21, 2012 | Posted in
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Petoro, the licensee for the Norwegian State’s Direct Financial Interests, has awarded Ramboll Oil & Gas a concept study. The study will address defined issues and themes regarding a potential new wellhead platform at the Snorre field in the North Sea. “Ramboll looks very much forward to start working with Petoro and we are determined [...]
April 3, 2012 | Posted in
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A Malaysian oil and gas company PETRONAS has signed a Heads of Agreement (HOA) with Total of France to jointly study the development and production potential of K5, a high carbon dioxide gas field offshore Sarawak. Under the HOA, PETRONAS’ newly established upstream research unit Exploration and Production Technology Centre and Total will explore the [...]
March 28, 2012 | Posted in
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