Offshore Arctic News - page 21

Colloquy: Projections for 2014 and beyond

Jan 03, 2014

Colloquy: Editor’s Column As we start a new year at OE, we offer projections from companies about projects and markets. This issue features a Global Market Forecast, with analysts from Infield Systems, DouglasWestwood, and Petroleum Geo-Services weighing in about exploration…

Filanovsky topsides work starts

Dec 30, 2013

Astrakhan’s Krasnye Barrikady shipyard has started constructing the living quarter platform (LQP-2) for the second stage of Vladimir Filanovsky field developed by LUKOIL in the Russian sector of the Caspian Sea. The shipyard will construct two bearing blocks…

Chevron gets Greenland award

Dec 30, 2013

A consortium led by Chevron has been awarded exploration licenses covering two blocks offshore north-east Greenland.  Consortia led by Statoil and ENI were also awarded licenses, covering one block each, also off north-eastern Greendland…

Gazprom announces first oil at Prirazlomnoye

Dec 23, 2013

Gazprom Neft Shelf announced the start of oil production from the Prirazlomnoye platform in the Russian Arctic. Chief Executive Officer Alexey Miller said in a statement on December 20 that 'we have become the pioneers of Russia's Arctic development…

GSP Saturn heads to Pechora Sea

Dec 20, 2013

GSP Offshore has said its jackup, the GSP Saturn, will provide offshore drilling services in Pechora Sea, in the south eastern part of the Barents Sea, on the Russian continental shelf. GSP Saturn will carry out operations under a two year contract…

Finnish Govt. buy Aker Arctic stake

Dec 20, 2013

Finnish government-owned investment company, Finnish Industry Investment Ltd, has acquired a 66.4% stake in Aker Arctic Technology Oy (Aker Arctic) from STX Finland Oy. Aker Arctic is a leading company in Arctic marine logistics and offshore solutions…

Applying real-time magnetic declination in arctic marine seismic acquisition

Dec 05, 2013

Marine seismic surveying in the Arctic presents many challenges. Conducting streamer surveys in the presence of high ice concentrations eliminates the ability to safely tow a conventional GPS tail buoy. When conducting 2D surveys under these conditions…

Untested opportunities

Dec 04, 2013

E&P majors BP and Statoil presented their views on future exploration prospects in the Arctic. Meg Chesshyre reports. Representatives from BP and Statoil discussed both the challenges associated with and future plans for developing Arctic…

Frosty prospects

Dec 04, 2013

Plans for arctic exploration and development continue apace—but will there be resources available? Elaine Maslin reports. The size of the arctic offshore challenge is significant, both in scale and complexity, with relatively little activity carried out to date…

Exploration challenges in Arctic

Dec 04, 2013

The Arctic hosts harsh environments, minimal daylight and HSE concerns. Anthresia McWashington examines a case study and explains the data acquisition methods necessary to explore in one of the world’s most brutal regions. Exploration…

Proposed advancements in probabilistic ice gouge analysis

Dec 04, 2013

Alternate probability distributions could provide a better fit for Arctic ice gouge depth data, impacting design depths for future subsea pipeline projects. Pipelines installed in ice-prone regions require specialized designs for the unique environmental conditions…

Arctic operations at what temperature?

Dec 04, 2013

The concept of temperature seems simple enough. Everyone knows that a thermometer can be used to measure the temperature of a substance such as air and that by knowing the forecast, people can adequately prepare for the day’s outdoor activities…

Understanding the ice environment is critical to Arctic success

Dec 03, 2013

Declining reserves from mature fields worldwide, the ongoing demand for oil, and retreating sea ice have brought a flurry of exploration activity to the Arctic. The US Geological Survey estimates undiscovered Arctic petroleum resources of 90 billion bbls of oil and 1…

Managing frontier risks

Dec 03, 2013

Strategic decision-making in the boardroom is vital for those operating on the new frontiers, a new report says. Elaine Maslin reports. “A single event can transform the fortunes of an entire industry,” warns a recent report on frontier hydrocarbon exploration…

Lukoil awards ice-class contracts

Dec 03, 2013

Malaysia-based offshore oilfield services firm Bumi Armada Berhad has been awarded three contracts by LUKOIL-Nizhnevolzhskneft LLC to provide three Ice-Class vessels to service offshore platforms in the Filanovsky field, in the Caspian Sea…

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