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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…

Dry hole on GOM Madison prospect

Jan 20, 2015

The US Gulf of Mexico deepwater Madison well has been plugged and abandoned after failing to find commercial hydrocarbons. Operator Noble Energy drilled the well to a total depth of 16,850ft, in 7149ft water depth, on Mississippi Canyon 479…

PetroRio acquires Shell Brazil fields

Jan 20, 2015

Brazil’s PetroRio is acquiring 80% interest in the Bijupirá and Salema fields, offshore Brazil from Shell Brasil Petróleo. Image of the Fluminense FPSO. From Modec.   The Bijupirá and Salema fields are located in the Campos basin…

Apache chief retires from post

Jan 20, 2015

After 25 years with the company, Apache President and Chief Executive Officer G. Steven Farris announced his retirement effective today. Farris. From Apache.   The 66-year old will continue…

Schlumberger acquiring interest in Eurasia

Jan 20, 2015

Schlumberger and Eurasia Drilling (EDC) entered into an agreement in which Schlumberger will acquire 45.65% interest in EDC in a US$1.7 billion deal. The agreement extends the successful long-term relationship enjoyed by the two companies within the strategic alliance signed in 2011…

Acteon creates new subsea group

Jan 20, 2015

Acteon announced the start-up of Clarus Subsea Integrity Inc., a new group company created from 2H Offshore’s subsea integrity business segment. Based in Houston, USA, the new company will commence operations in January 2015 and plans to expand globally…

UH to lead offshore energy research center

Jan 20, 2015

The University of Houston (UH) will lead a national research center for subsea engineering and other offshore energy development issues, including research and technology to improve the sustainable and safe development of energy resources in the Gulf of Mexico…

Madison fails Noble

Jan 20, 2015

Noble Energy’s Madison exploration well has been plugged and abandoned in the Gulf of Mexico after no commercial hydrocarbons were found. The well was drilled to a total depth of 16,859ft in the Mississippi Canyon 479 and reached its targeted Upper and Middle Miocene objectives…

Hejre topside time-lapse

Jan 20, 2015

DONG Energy provides this time-lapse video of the Herje topsides construction process, which took place from April to October 2014. Hejre is Dong Energy’s first high-pressure, high-temperature (HPHT) development and is expected to begin production in 2017 with an estimated 170 MMboe…

Kværner wins Johan Sverdrup contract

Jan 20, 2015

Kværner Verdal is delivering the riser platform jacket for the giant Johan Sverdrup field under a US$261 million contract. The Johan Sverdrup concept. From Statoil.   The Johan Sverdrup field is on the Utsira High in the North Sea…

Problems persist at Huntington

Jan 20, 2015

An incident on the BP-operated Central Area Transmission System (CATS) riser platform during a restart in the middle of December means output on the Huntington field, and others, remains restricted.  Partners in the E.ON operated Huntington field…

Maritime Developments wins new orders

Jan 20, 2015

Specialist back-deck equipment provider Maritime Developments has won contracts worth about £7 million and broadened its product portfolio. The company, which supports subsea industry operations worldwide, has secured the first order…

Bourbon orders three FMC ROVs

Jan 20, 2015

French vessel operator Bourbon has commissioned three new next-generation heavy duty work ROVs (remote operated vehicles) designed by FMC Technologies Schilling Robotics. Capable of operating at depths of up to 3000m, the units will be deployed on multi-purpose support vessels (MPSV)…

Lundin takes on Zulu

Jan 20, 2015

Lundin Petroleum has started drilling exploration well 26/10-1 on the Zulu prospect in production license (PL) 674BS, 100km west of Stavanger in the North Sea. Zulu is about 30 km northeast of the Johan Sverdrup discovery. The main objective…

43 companies net Norwegian stakes

Jan 20, 2015

Norway's Ministry of Petroleum has welcomed interest in its latest Awards in Pre-defined Areas licensing round, despite the expection that future discoveries in the area will be smaller than in the past.  Stakes in some 54 new production…

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