Offshore Arctic News - page 14

OTC15: DNV GL recommendations reduce risk of major accidents

May 07, 2015

At this week’s Offshore Technology Conference (OTC) in Houston, DNV GL revealed a study that analyzes current regulatory regimes, outlining possible future developments and DNV GL’s recommendations to reduce the risk of major accidents. Safety model…

Safety from a design consideration

May 01, 2015

Preventing corrosion is necessary to avoiding production failures. Leokadia Rucinski and Genesis’ Binder Singh provide details. Fig. 1: A collage of somewhat unusual corrosion phenomena, many of…

CERAWeek: Statoil CEO says industry needs standardization

Apr 21, 2015

Statoil’s CEO Eldar Sætre made the case for simplicity, industrialization, and standardization as a way for the industry to get through the current downturn at IHS CERAWeek in Houston Tuesday afternoon. Sætre opened with a joke about the downturn saying…

NADL, Rosneft delay deal termination

Apr 20, 2015

Norway-based North Atlantic Drilling (NADL) and Russia's Rosneft recently agreed to extend the termination date of the 2014 framework agreement until May 31, 2017. The agreement states that either party can end the agreement, including any offshore drilling contracts…

Gazprom: Nearly 3 MMbbl of Arctic oil delivered to Europe

Apr 17, 2015

In April, Gazprom reached a milestone for its Prirazlomnoye oil field as the Kirill Lavrov tanker delivered a new batch of ARCO Arctic oil to Europe during its sixth shipment. More than 2.9 MMbbl of oil has been extracted from the Prirazlomnoye oil field since production began…

Shell’s Arctic plan moves forward

Apr 13, 2015

The US Department of the Interior (DOI) is reviewing Shell's Arctic drilling plans, according to a recent Reuters report. On 31 March, DOI issued a record of decision affirming Shell’s Arctic leases from the Chukchi Sea OCS oil and gas lease sale 193 from 2008…

Northern delays jackup deliveries

Mar 31, 2015

Northern Offshore is delaying the delivery of two of its high specification jackups due to the downturn of the drilling market. The West Navigator. From NADL.   Northern was able to…

Solitaire begins Polarled

Mar 27, 2015

Statoil started the first stage of the Polarled installation project with the Solitaire pipelaying vessel connecting the pipeline in the Norwegian Sea to Nyhamma. Solitaire. From Allseas.   The…

Rosneft axes NADL jackup

Mar 25, 2015

Russian oil exploration giant Rosneft sent a cancellation notice to North Atlantic Drilling Company Ltd. (NADL) to terminate its contract for the Energy Endeavor jackup. The Energy Endeavor. From Northern Offshore…

PSA: 'No compromise' on safety

Mar 19, 2015

Dramatic changes may be affecting Norway’s oil and gas sector, but PSA director-general Anne Myhrvold makes it clear that savings must not affect continuous safety improvements. Myhrvold. From PSA Norway…

Arctic routes to be surveyed

Mar 19, 2015

The US' National Oceanic and Atmospheric Administration is planning increased 2015 Arctic nautical charting operations, updating charts based on surveys conducted a hundred years ago. The so-called Arctic marine corridor project will…

Wärtsilä, partners develop ArTEco program

Mar 18, 2015

A new technology research program aimed at developing propulsion products specifically for operating in arctic conditions has been implemented with Wärtsilä and VTT, the Technical Research Centre of Finland, as the main contributors. The…

Hope for Arctic oil yet?

Feb 23, 2015

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…

US issues proposal on Arctic drilling regulations

Feb 20, 2015

The US Bureau of Safety and Environmental Enforcement (BSEE) and the Bureau of Ocean Energy Management (BOEM) released proposed regulations for exploratory drilling activities on the US Arctic Outer Continental Shelf (OCS) concerning  exploratory…

Sætre takes Statoil reins

Feb 04, 2015

Statoil's newly appointed CEO and president Eldar Sætre says Statoil is 'well prepared' to tackle the large uncertainty facing the oil and gas industry, amid five-year low oil prices. Sætre (pictured), who has been acting CEO and president of Statoil since October…

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