Latest News - page 2047

 

Prosafe drops costs, extends contract

Nov 09, 2016

Repsol Sinopec Resources UK Ltd. (formerly Talisman Sinopec Energy UK) has exercised options to extend the charter of the Safe Boreas accomodation vessel by 44 days.  In mid-March 2016, the Safe Boreas started a 245-day firm operational period at Montrose A in the UK sector of the North Sea…

Shell uses James Fisher's platform-based ROV system

Nov 09, 2016

James Fisher Subsea (JF Subsea), a division of James Fisher Marine Services (JFMS), has reduced inspection downtime to 2% for Shell UK, through use of asset-based remotely operated vehicles (ABROVs) on oil platform inspection programs in the North Sea…

Providence moves on after losing court appeal

Nov 09, 2016

Irish independent explorer Providence Resources has lost a Supreme Court application to appeal a decision which meant it was unable to recoup costs from a drilling campaign in 2011/12.  Providence wanted to appeal a UK Court of Appeal…

Bibby completes Shell contract, wins a second

Nov 09, 2016

Subsea services firm Bibby Offshore has completed one contract and has started a second for Shell on the major's Corrib gas field, offshore Ireland. The first contract, completed in June , saw Bibby Offshore’s construction support vessel…

Swedes win major Danish wind farm bid

Nov 09, 2016

Sweden's Vattenfall has won the tender to build Danish Kriegers Flak, a 600 MW offshore wind farm in the Baltic Sea.   Kriegers Flak will be Denmark’s largest offshore wind farm. Vattenfall’s investment in Kriegers Flak will be EUR 1…

Hurricane spuds Lincoln probe, aims for 250 MMbbl unrisked

Nov 09, 2016

UK-based basement explorer Hurricane Energy has spudded its latest well West of Shetland. The firm, which recently completed the successful Lancaster 7 appraisal spudded the Lincoln well on 8 November, the firm said. The Lincoln well…

Statoil paves way for Njord Future Project

Nov 09, 2016

Statoil has been given approval to carrying out various well activities on the Njord field in the Norwegian Sea, about 130km north of Kristiansund. The Njord field has been developed using a semisubmersible drilling, accommodation and production facility…

SAE nets ocean bottom contract

Nov 09, 2016

Houston-headquartered SAExploration has won a ca.US$35 million contract to provide a 3D deepwater ocean-bottom marine project in West Africa. SAE expects to initiate this project in late 2016 and complete it in Q1 2017. The project will…

New Age looks at Etinde options

Nov 08, 2016

New Age is continuing the evaluation of development options, including scope for early-stage development plans for the Etinde concession, offshore Cameroon, according to partner Bowleven. Image of the Etinde area…

Wintershall spuds Shuwaihat off Abu Dhabi

Nov 08, 2016

Wintershall has spudded its first offshore well for the Shuwaihat project, off Abu Dhabi.  Image from Wintershall. The Shuwaihat field is situated in the western region of Abu Dhabi…

OMV to sell subsidiary for US$1 billion

Nov 08, 2016

OMV has entered a deal to sell its UK subsidiary, OMV UK, to Siccar Point Energy for up to US$1 billion in a move that will see the Austrian company give up its stake in the Chevron-operated Rosebank deepwater project in the North Sea. Image from OMV…

Statoil to use Scarabeo 5 at Njord

Nov 08, 2016

Norway’s Petroleum Safety Authority (PSA) has granted Statoil consent to use the Scarabeo 5 semisubmersible rig for well activities on the Njord field, in the Norwegian Sea. Statoil is the operator at Njord, around 130km north of Kristiansund…

CorPower gets WaveBoost grant

Nov 08, 2016

CorPower Ocean was awarded a US$4.4 million (€4 million) grant by the European Commission (EC) for its WaveBoost project.  The grant will support a three-year innovation program targeting significant improvements in the reliability and…

NOIA pursues financial, bonding info from BOEM, DOI

Nov 08, 2016

The National Ocean Industries Association (NOIA), the Independent Petroleum Association of America (IPAA), the Louisiana Mid-Continent Oil and Gas Association (LMOGA), and the Gulf Economic Survival Team (GEST) have submitted Freedom of Information…

DONG to exit oil and gas

Nov 08, 2016

Denmark’s DONG Energy has decided to exit the oil and gas business, to focus its efforts on renewables. Image from DONG Energy. “We have decided to initiate a process with the aim of ultimately exiting from our oil and gas business…

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