Statoil is eying further opportunities in the Oseberg area after bringing its tenth fast-track portfolio project, the 77 MMboe recoverable Oseberg Delta 2, onstream. Oseberg Delta 2 is a two-template, 14km-long subsea tieback from the Delta terrace to the Oseberg Field Centre…
According to the United States Geological Survey, the area above the Arctic Circle holds approximately 90 billion barrels of undiscovered, technically recoverable oil and an estimated 1,670 trillion cubic feet (Tcf) of technically recoverable natural gas…
Dutch supplier Holmatro and its Norwegian dealer EIVA-SAFEX have jointly supplied 64 cylinders, each with a capacity of 536-ton, to the tension-leg platform (TLP) Snorre A. The firms also supplied the corresponding control and storage for the hydraulic system…
Petronas' bid to farm in to a Celtic Sea block offshore south east Ireland has been approaved by the Irish Government - the firm is now firming-up drilling plans. Through its 100%-owned subsidiary Kinsale Energy, the Malaysian firm will…
BP and Maersk Training singed a five-year contract that will offer advanced training programs for BP’s offshore drilling teams to be based in Houston, Texas. Maersk Training facility at Svendborg. From Maersk Training…
Norway's Petroleum Safety Authority has launched an investigation into a hydrocarbon leak on Statoil's high-pressure, high-temperature Gudrun field in the Norwegian sector of the North Sea which happened yesterday (18 February). Production…
Lime Petroleum Norway is to acquire an additional 20% in production licenses (PL) 591, 591B and 591C in the Norwegian Sea from Tullow Oil, increasing its holding in each to 25%. The licenses are operated by Tullow and an exploration well…
Heriot-Watt University in Edinburgh, Scotland, is setting up a new center for energy economics research and policy with funding of US$1.9 million over three years from BP. The center will be involved primarily in providing the detailed…
Ikon Science is launching Ji-Fi (joint impedance and facies inversion), a process that delivers a most accurate and detailed 3D model of complex reservoirs comprising different seismic facies, including shale, brine-filled sand, oil-bearing sand and gas-bearing sand…
GMB Scotland officers are seeking permission from GMB Scotland Regional Committee to move to ballot members covered by the Offshore Contractors Agreement over possible strike action following unilateral changes to working conditions. This…
Electromagnetic Geoservices ASA (EMGS) will receive uplift revenues of US$2.5 million related to the licensing round for mature areas on the Norwegian continental shelf - Awards in Predefined Areas (APA). EMGS's multi-client data library in Norway now covers 44…
Lundin Petroleum began drilling the 16/1-24 exploration well at the Gemini prospect, just southwest of the Edvard Grieg field. The Island Innovator, from Island Drilling. The well is located in Block 16/1…
BP Norge received consent from the Petroleum Safety Authority Norway (PSA) for a gas lift at the Valhall IP. Increased water production is expected as a result of the water injection at Valhall, and gas lift is being performed to maintain stable production from the wells at IP…
Norway-based geophysical services company Electromagnetic Geoservices ASA (EMGS) says it is going to appeal a Court decision over its Towed Streamer EM patent. The firm had issued a claims against Petroleum Geo-Services (PGS) in the High Court of Justice…
Transocean last night said its CEO and president of nearly five years Steven Newman is to stand down today (16 February). Newman. From Transocean's Beacon Mag. The international rig owner and operator…