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Ecuador joins World Energy Council

Aug 27, 2014

Ecuador formally joined the World Energy Council as a member country last Friday, 22 August. In a ceremony in Quito, hosted by Dr. Esteban Albornoz Vintimilla, Minister of Electricity and Renewable Energy, the World Energy Council formally…

Cairn finds oil in Senegal

Aug 27, 2014

Carin Energy found oil samples in the FAN-1 exploration well offshore Senegal, according to joint venture partner, FAR Ltd. FAN-1 and SNE-1 in 3D seismic. From Far. FAR says elevated gas…

SeaBotix LBV breaks record

Aug 27, 2014

SeaBotix announced a client’s new personal distance record for internal pipe inspection with his SeaBotix LBV300XL. Pat Murphy, President of Lake Erie Diving, reported the accomplishment. Murphy says it was an internal inspection of a 122cm intake pipe in Lake Michigan…

DNV GL enhancing BOP maintenance

Aug 27, 2014

DNV GL has established a joint industry project (JIP) to develop a risk-based maintenance methodology with the aim to deliver more effective and cost-efficient blowout preventers (BOP) maintenance. The maintenance of BOPs has significant financial…

ONS: Schlumberger picks up innovation award

Aug 27, 2014

Schlumberger has picked up this year's ONS innovation award for GeoSphere, its reservoir mapping while drilling service. The ONS SME innovation award went to Fishbones for its stimulation system and Tore Halvorsen, FMC Technologies' senior vice president responsible for global subsea…

Energean buys tender assist rig

Aug 27, 2014

Greece-based exploration firm Energean Oil & Gas has launched a US$225 million investment program to develop 30MMbbl of reserves in North West Greece and to increase production from the Prinos, Prinos North and Epsilon fields to 10,000bbl/day by 2016…

Tanzanian find supports LNG hub

Aug 27, 2014

BG Group says the results of a second drill-stem test (DST) on the Mzia discovery in Block 1, offshore southern Tanzania, has provided further support for a hub development to supply an onshore LNG project. The DST in a side-track on the Mzia-3 appraisal well…

ONS: Aker leads contract winning pack

Aug 27, 2014

Aker Solutions, with a total of 51 contracts, is leading the field on contracts won on the UK Continental Shelf (UKS) and Norwegian Continental Shelf (NCS) over the past four years, according to the latest report from the Energy Industry Council (EIC)…

Petrobras, Foro partner on laser drilling technology

Aug 26, 2014

Petrobras and Foro Energy signed a technology cooperation agreement (TCA) for high power laser drilling research and development. The program with the Leopoldo Americo Miguez de Mello Research & Development Center (CENPES) will focus on developing…

ONS: Aasta Hansteen on schedule

Aug 26, 2014

The Aasta Hansteen project, one of biggest and most complex industrial projects in Europe, is on schedule to begin production in 3Q 2017, says Statoil. Statoil, which made a presentation about the project at ONS, in Stavanger, this week…

ONS: Martin Landrø receives IOR award

Aug 26, 2014

Martin Landro won the Norwegian Petroleum Directorate’s (NPD) IOR award for his work on developing 4D seismic for mapping, production management and monitoring of reservoirs. Landro is a geophysics professor at the Norwegian University of Science and Technology…

Nordic Maritime wins Statoil North Sea contract

Aug 26, 2014

Statoil awarded Nordic Maritime a contract for its newest DP2 vessel, Mokul Nordic in the North Sea. The 30-day contract has an optional 15-day charter. Mokul Nordicis a DP2 VS470 MKIII subsea service vessel capable of ROV and inspection…

OMV’s Whoi-1 disappoints

Aug 26, 2014

OMV New Zealand will plug and abandon its Whio-1 well in the Southern Taranaki basin offshore New Zealand as a dry hole, announced partner Horizon Oil on 26 August 2014. The semisubmersible drilling rig Kan Tan IV drilled the Whio-1 well…

ONS: DNV GL launches interactive arctic risk map

Aug 26, 2014

ONS, Stavanger: The world’s need for energy is driving interest in further industrial activity in the Arctic, yet the region’s conditions are highly variable depending on the type of activity, location and time of year. This creates a complex risk picture…

ABB's breakthrough in cable technology

Aug 26, 2014

ABB says they’ve launched the world´s most powerful underground and subsea power transmission cable system. ABB has developed and tested an extruded cable 525 kilovolt (kV) high-voltage direct current (HVDC) transmission system to…

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