Energy News

 

PSA gives Statoil consent to use Scarabeo 5

Jun 26, 2015

The Petroleum Safety Authority Norway (PSA) has given Statoil consent to use the Scarabeo 5 mobile drilling facility for drilling and completing well 7121/4-G-4 H located at Snøhvit field. Scarabeo 5 is a type ME 4500 mobile drilling…

Elastec offers offshore oil spill recovery system

Jun 25, 2015

Elastec introduced a new product for offshore and nearshore oil spill cleanup. The X150 Skimmer Launching System is an oil spill response system with the capability to recover light, medium and some heavy oils in incidents. Elastec’s…

Staatsolie, Apache sign PSC agreement

Jun 25, 2015

Staatsolie and Apache Corp. have signed a production sharing contract (PSC) for exploration, development and production of offshore Block 58 offshore Suriname. The agreement, with a 30-year validity, is divided into exploration, development and  production phases…

Lundin drills three wells off Norway

Jun 25, 2015

Lundin Norway commenced the drilling of its second Alta appraisal well in the Barents Sea South, and the drilling of an appraisal well on the Edvard Grieg field in the Norwegian North Sea. Drilling has also commenced on the partner-operated…

Unique Group plans business expansions

Jun 24, 2015

Unique Group, formerly known as Unique Maritime Group, has set in place measures to double its size and global infrastructure by 2019 through capital investment, acquisitions and expansion into key markets. With a current turnover in excess of US$100 million…

Siemens' delivers HelWin2 link

Jun 23, 2015

With HelWin2, Siemens has handed over the fourth North Sea grid link to the customer TenneT. This marks the start of commercial operation of the grid connection by the German-Dutch transmission grid operator. There are now four Siemens grid links with a transmission capacity of over 2…

Wood Group gets Saudi Aramco contract

Jun 18, 2015

Wood Group has been awarded an offshore maintain potential program contract by Saudi Aramco for greenfield and brownfield engineering services, procurement and construction management support for new facilities in the Arabian Gulf.  The six-year contract…

API: Prioritize Arctic development

Jun 16, 2015

API encouraged congress and regulators to prioritize Arctic offshore oil and natural gas development as the House Natural Resources Committee prepared to hold a hearing on Arctic energy today (16 June). “Arctic oil and natural gas…

Sparrows appoints Americas operations director

Jun 15, 2015

The Sparrows Group has boosted its senior management team with the appointment of Steve Bertone, to head up its operations across the Americas. In his new role, Bertone will be based in Houston and will oversee all of Sparrows Group’s operations in the US…

Wellesley Petroleum appoints new CEO

Jun 15, 2015

Wellesley Petroleum Holdings, a new exploration company focused exclusively on the Norwegian Continental Shelf (NCS), announced that Chris Elliott has been appointed as CEO. Elliott’s last role was exploration manager UK and Norway for Cairn Energy…

IPB receives exploration permit extension

Jun 12, 2015

IPB Petroleum announced that the company’s application for a 12-month suspension and extension to the WA-471-P exploration permit work program has been approved by the Commonwealth–Western Australia Joint Authority. Following IPB’s application in May 2015…

DNV GL appoints new senior executives

Jun 12, 2015

DNV GL Group appointed Tor Svensen as group executive vice president. Knut Ørbeck-Nilssen will succeed Tor Svensen as chief executive officer of its maritime business area. Both will report to the incoming group president and CEO Remi Eriksen…

Tullow, Pancontinental extend “drill or withdraw” deadline

Jun 12, 2015

Tullow and Pancontinental Oil & Gas subsidiaries entered into an agreement to amend the farm-out agreement for exploration license 0037 (EL 0037) which covers 17,295sq km (4.2 million acres) in water depths extending to 1800m in the Walvis basin offshore northern Namibia…

MX Oil, Geo, revise joint venture agreement

Jun 12, 2015

MX Oil announced a number of amendments to its joint venture agreement with its local partner Geo Estratos (Geo), which include an increase in MX Oil's interest in any concessions or exploration and production contracts to 55% from 51%…

IWCF appoints new tech officer

Jun 08, 2015

The International Well Control Forum (IWCF) appointed David Conroy as its first chief technical officer (CTO). Based at the organization’s UK headquarters, Conroy will be developing this new role to lead changes to the technical aspects of IWCF’s services…

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