Offshore Arctic News - page 7

 

Lukoil Develops Arctic-Friendly Oil Spill Kit

May 08, 2019

Russian oil company Lukoil has been given state approval for its new absorbent and biotechnology-based oil spill response technologies for Arctic regions. Lukoil says the technologies, on which it has taken out nine patents, have been designed…

Activists End Occupation of Arctic Drill Rig

Apr 30, 2019

Greenpeace activists climbed down from a Seadrill drilling rig in Norway on Tuesday and are no longer occupying it, the environmental group told Reuters.The rig, which was boarded by four activists on Monday, will be used next month by Equinor to explore for oil and gas in the Arctic…

Activists Board Arctic Drilling Rig

Apr 29, 2019

Greenpeace activists on Monday climbed aboard a Seadrill drilling rig commissioned by Equinor in protest against oil and gas drilling in the Norwegian Arctic, the group told Reuters.Four activists climbed aboard the West Hercules rig, the organisation said…

CMHI Gets AIP for Two Offshore Designs

Apr 17, 2019

China Merchants Heavy Industry (CMHI) has received Approval in Principle (AiP) certificates from classification society DNV GL for two new offshore units: an arctic single column drilling unit and a wind turbine shuttle.The certificates, which…

SubseaPartner Wins Work at Goliat

Apr 15, 2019

Norwegian services company SubseaPartner said it has secured a contract from Vår Energi, to provide dive support at its operated Goliat field in the Barents Sea.The engineering and installation project work scope incorporates a 24 hours air diving operation on the Goliat floating production…

Equinor Gets Nod to Drill Korpfjell Deep

Mar 28, 2019

Norwegian oil company Equinor has received consent to drill exploration well 7335/3-1 in production licence 859 in the Barents Sea, Norway's offshore safety watchdog, the Petroleum Safety Authority, said on Thursday.Well 7335/3-1, known as Korpfjell Deep…

Norway to Offer More Arctic Exploration Blocks

Mar 14, 2019

Norway plans to expand the offshore oil and gas acreage offered to companies under its annual licensing round in so-called predefined areas (APA), oil minister Kjell-Boerge Freiberg said on Thursday.The 2019 APA round will offer 90 new blocks…

2G and 4G Coming to the Goliat Field

Mar 07, 2019

Vår Energi AS, operator of the Goliat field in the Barents Sea, announced Thursday it has entered into an agreement with Telenor Maritime to equip the field with 2G and 4G networks, in an effort to improve safety and emergency response capability in the region…

Norway Production Costs Rising

Mar 07, 2019

Petroleum production costs on the Norwegian continental shelf rose in 2018 after falling for three consecutive years, state-owned oil firm Petoro said on Thursday.Cost cuts were high on oil firms' agenda following a sharp fall in crude prices in 2014…

Norway's Snow Crab Ruling Boosts Oil Claim

Feb 14, 2019

A court delivered a painful nip to European Union fishermen on Thursday by tightening Norway's grip on snow crab catches in the Arctic, a ruling that may also let Oslo claw more control of oil and gas from other nations.Fishermen from the European…

Icebergs a 'Significant Hazard' to Production Facilities -Study

Jan 28, 2019

Icebergs on a collision course with petroleum facilities represent a serious hazard, according to a new study commissioned by the Petroleum Safety Authority Norway.The study performed by ArcIso assessed the consequences of potential collisions…

Equinor Stops Drilling Arctic Well After Incident

Jan 21, 2019

Norway's Equinor has put on hold the drilling of a key exploration well in the Barents Sea after a well incident last week, the company said on Monday.The incident occurred when Seadrill's rig West Hercules was drilling the Gjoekaasen well offshore Norway…

Norway's Northernmost Oil Find Could Start Production in 2026

Jan 16, 2019

Austria's OMV and partners plan to invest up to $6 billion initially to develop the Arctic Wisting oil find, Norway's northernmost oil discovery, which could start production within a decade, a senior executive said on Wednesday.OMV owns a 25…

Barclays Rejects Arctic Drilling

Jan 15, 2019

U.K.-based international bank Barclays  announced a new energy policy that significantly restricts the bank’s financing for the exploration or extraction of oil and gas in the Arctic.The policy  rules out funding for companies seeking to drill…

Norway Ready to Claim Share of Russia's Arctic Finds

Jan 10, 2019

Norway will step up preparations to claim its share of oil and gas resources if Russia finds petroleum on its side of a border in the Barents Sea, the head of Norwegian Petroleum Directorate (NPD) said on Thursday.Norway and Russia in 2010 agreed a maritime border in the Barents Sea…

Current News

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Enauta Gets Nod for New Atlanta Field Plan. Concession Extension Granted, Too

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