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UK licensing round success

Nov 29, 2013

The UK's Government has awarded a further 52 North Sea oil and gas exploration licenses, bringing the total number of awards offered in the 27th Round to 219. The figure represents a record, with the number of smaller independent companies being offered awards also representing a high level…

First gas at Jasmine

Nov 20, 2013

First gas has been produced from the Jasmine field in the central UK North Sea. Jasmine, operated by ConocoPhillips, is the largest discovery to come onstream in the North Sea since the giant Buzzard field began production in 2007, according to BG Group…

Update: Delek reports ‘strong signs’ of gas in Tamar

Nov 26, 2013

Delek Group announced Tuesday that its partners in the southwest Tamar exploration well reported strong signs of natural gas were discovered based on logging tests conducted by operator Noble Energy Mediterranean Ltd.  As of Wednesday…

ThoughtStream: Shifting dynamics: Industrializing economies are moving markets

Nov 27, 2013

ThoughtStream: Opinion The shift in oil demand from industrialized to emerging economies is one that we at Dana Petroleum know only too well. An impressive North Sea success story with modest but ambitious beginnings in Aberdeen in the mid-1990s…

Archer announces restructuring

Nov 28, 2013

Oilfield services company Archer is to cut staff and close some bases as part of a restructuring plan.  The firm, which provides drilling and well services, said to accelerate margin improvements and adapt to the “highly competitive North American land market”…

Students present energy papers

Nov 25, 2013

The Aberdeen branch of the UK's Energy Institute will meet tomorrow night [Tuesday 26] to hear presentation on research carried out by energy students from the University of Aberdeen and Robert Gordon University. Six students, three from each university…

Global Briefs: December 2013

Nov 27, 2013

CGG surveys GOM for Pemex CGG has been selected to carry out a large high-end seismic acquisition survey in the Gulf of Mexico on behalf of Pemex. The survey, in Mexican waters, is phase 5 in Pemex’s Centauro program, the largest ever…

NOV 60th Annual Rig Census

Nov 20, 2013

60th Annual Census: North American rig fleet gains while activity level drops. In the U.S. and Canada, additions to fleets increased availability, while activity decreased. The global offshore mobile fleet posted another modest gain, with 42 newbuilds entering service in the last year…

Russia needs to up investment

Nov 19, 2013

Russia needs to re-focus investment from easier conventional onshore projects to more difficult and expensive tight oil, LNG and Arctic developments to maintain production in the longer-term, according to industry analysts Wood Mackenzie…

Walk to walk JIP launched

Nov 19, 2013

DNV GL has launched a joint industry project (JIP) to provide guidance on an alternative means of personnel transfer onto offshore installations. The Walk to Work (W2W) approach, where offshore installations are manned from a ship via gangway…

Atlantis buys MeyGen

Nov 14, 2013

International tidal technology and project developer Atlantis Resources Limited bought MeyGen, Europe’s largest tidal power project.   Atlantis already held 10% of the company developing the project, MeyGen Limited. It has now bought…

SE Asia comes to LAGCOE

Nov 11, 2013

Laissez les bons temps rouler. Deep in the heart of Louisiana oil country, US representatives from two Asian trade organizations made the case for local investment at the 2013 Louisiana Gulf Coast Oil Exposition (LAGCOE), held in Lafayette…

Swiber offered S$256.2M for Kruez stake

Nov 06, 2013

Singapore-based investment-holding company SEA9 Pte. Ltd. moved to acquire all the issued and paid-up ordinary shares in the capital of Kreuz for S$0.80 per ordinary shares in the capital of Kreuz. Swiber will receive a consideration of S$256…

Tritech Gemini Narrow Beam Imager

Nov 11, 2013

Tritech’s Gemini Narrow Beam Imager (NBI) has been field-proven by Reef Subsea. The NBI successfully monitored the trenched installation of 6-in. and 2-in. cable, while using controlled flow excavation techniques. The seabed conditions around the site varied considerably…

Offshore Achievement Awards call for entries

Nov 11, 2013

Businesses have only four weeks left to enter the Offshore Achievement awards, organised by Society of Petroleum Engineers (SPE) Aberdeen section and supported by Offshore Engineer. The awards, which are open to UK-registered companies operating in the renewables or oil and gas industries…

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