Sverdrup appraisal to probe depth, thicknessBredford DolphinLundin Petroleum AB announced that the wholly owned subsidiary Lundin Norway AS has commenced the drilling of appraisal well 16/3-5 in PL501 on the Johan Sverdrup discovery…
Svane license to expire due to drilling costsDONG and its partners have decided not to pursue the drilling of an appraisal well at Svane field, opting instead to let the 04/98 Svane license to expire on 1 January 2013.DONG said the decision was based on detailed technical evaluations…
Baker Hughes has a new tubing retrievable, subsurface safety valve for ultra deep-set, deepwater and HPHT applications. The REACH subsurface safety valves can be set as deep as 20,000ft and ensure fail-safe-closed operation using reliable, field-proven…
Aquaterra Energy has secured a contract to design and install 260 centralisers for BP's latest development on the West Chirag platform in the Azeri-Chirag-Guneshli (ACG) oil fields in the Caspian Sea. The contract covers pre-engineering…
Black Elk Energy production platformBody indentified as missing Grand Isle workerThe death toll from Black Elk Energy's 16 November platform fire has risen to three as the body of the sole missing worker has been recovered off Grand Isle…
Rune TorhaugDet Norske Veritas (DNV) has appointed Rune Torhaug as the new Managing Director for DNV Research and Innovation. He has worked internationally with leadership roles in DNV Energy, DNV Maritime and DNV Business Assurance.Torhaug has a strong background in risk and reliability…
Aker Solutions has ended the process to acquire the Dubai-headquartered oil services company NPS Energy. Aker Solutions announced an agreement to buy the shares in NPS Energy on 21 May 2012. The agreement was conditional upon a series of parameters…
US Coast Guard PhotoAfter 100 hours of search and rescue efforts, Black Elk Energy has ended its search for a missing worker who vanished following an explosion at its production platform offshore Louisiana on Friday, the company announced on 20 November…
Thomas DiNapoliChevron has filed a complaint with the New York State Joint Commission on Public Ethics against state comptroller Thomas DiNapoli in connection with the company's ongoing litigation in Ecuador, Chevron announced 20 November 2012…
Total has finalized an agreement to sell its 20% contractor interest in OML 138 block to a wholly owned subsidiary of China Petrochemical Corporation (Sinopec), for approximately US$2.5 billion in cash, the company announced on 19 November 2012…
Girassol FPSOTechnip has won an EPIC contract for the second phase of Total E&P Angola's Girassol Resoucres Iniatives (GirRI) project, the company announced on 13 November 2012.Technip will provide project management, engineering, fabrication…
Tullow has reached an agreement for 40% operating interest in Houston-based Hyperdynamics' offshore Guinea concession, the two companies announced on 20 November 2012.In late October, Tullow expressed interest in joining the concession. Hyperdynamics…
Photo: Harald Pettersen / StatoilProduction at Statoil's Hammerfest LNG plant in Melkøya was shut after a power failure on Monday, the company announced on 19 November 2012.The power went down just before 2:30 p.m. and remained down for approximately 20 minutes…
Alexei Miller, Chairman of the Management Committee of OAO Gazprom, and Dr. Kurt Bock, Chairman of the Board of Executive Directors of BASF SE, have signed a legally binding basic agreement detailing key terms and conditions on swapping assets…
Transocean WinnerLundin has spud an appraisal well on the northeastern flank of the Johan Sverdrup discovery, the company announced on 13 November 2013.The 16/2-16 well will be used to gather information on the recently drilled 16/2-13A in PL501 and 16/2-10 well in PL265…