Offshore Arctic News - page 15

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…

Keeping a cool head in the Arctic

Feb 02, 2015

Golder Associates’ Ken Been explains the best approach to geotechnical engineering and pipeline construction when facing scours and pits in the Arctic ice. Fig. 1: Ice scouring.  Over the coming decades…

EMGS gets Barents Sea 3D EM work

Jan 30, 2015

Electromagnetic Geoservices (EMGS) entered into a US$2.5 million data licensing agreement with an oil company for the provision of 3D EM data related to the 23rd licensing round in the Barents Sea. EMGS's multi-client data library in Norway now covers 44…

BOEM issues GoM draft EIS

Jan 30, 2015

The Bureau of Ocean Energy Management (BOEM) released the draft supplemental environmental impact statement (EIS) for the US Gulf of Mexico. Gulf of Mexico map. From BOEM. The…

Shell returning to the Arctic

Jan 30, 2015

Shell has its sights set for Arctic exploration this year by spending US$1 billion, after being absent since 2012. Ben Van Beurden. From Shell.   The supermajor announced in its 4Q 2014…

Fugro invests in Arctic survey capability

Jan 29, 2015

The Research & Development Corp. (RDC) is investing US$4.9 million in a multi-purpose survey, support and research and development vessel to be stationed in St John’s. The total cost to design, build and operate such a vessel over a 10…

US details new offshore leasing program

Jan 27, 2015

The US Department of the Interior today (Tuesday) announced details of a proposed oil and gas leasing program for 2017-2022. US Secretary of the Interior Sally Jewell (pictured, right, with President Obama) and Bureau of Ocean Energy…

Statoil returns Greenland licenses

Jan 27, 2015

Norwegian explorer Statoil returned three licenses off the west coast of Greenland this month, the company confirmed. The reduction follows the company’s announcement last February that it would cut back on Arctic exploration efforts to control capital expenditures…

North Dragon semisub completed

Jan 22, 2015

China’s CIMC Raffles completed its first Arctic-operable semisubmersible for client North Sea Rigs at its Yantai yard, the company announced on 19 January. CIMC Raffles designed the semisub together with Global Maritime. The North Dragon…

Norway cranks open Barents

Jan 20, 2015

Norway's Ministry of Petroleum and Energy today cranked open the door to Barents Sea exploration by putting some 54 blocks or part blocks in the icy northern region into its 23rd licensing round.  The opening of the Barents Sea to exploration…

Gazprom Neft awarded two Arctic blocks

Jan 16, 2015

Gazprom Neft’s subsidiary, Gazpromneft Sakhalin has been awarded subsoil-use rights to two blocks in the Russian Arctic. Image from Gazprom Neft.   The first block, the Severo-Zapadniy (North East) block is located on the Pechora Sea shelf…

Schnitger chief calls for early engineering analysis

Jan 13, 2015

Schnitger President Monica Schnitger urged oil and gas companies to explore and exploit the latest technologies to have successful projects at the 2014 Bentley Systems Year in Infrastructure conference. Meg Chesshyre has more.   “I’m…

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