Electromagnetic Geoservices ASA (EMGS) will receive uplift revenues of US$2.5 million related to the licensing round for mature areas on the Norwegian continental shelf - Awards in Predefined Areas (APA). EMGS's multi-client data library in Norway now covers 44…
Lundin Petroleum began drilling the 16/1-24 exploration well at the Gemini prospect, just southwest of the Edvard Grieg field. The Island Innovator, from Island Drilling. The well is located in Block 16/1…
BP Norge received consent from the Petroleum Safety Authority Norway (PSA) for a gas lift at the Valhall IP. Increased water production is expected as a result of the water injection at Valhall, and gas lift is being performed to maintain stable production from the wells at IP…
Norway-based geophysical services company Electromagnetic Geoservices ASA (EMGS) says it is going to appeal a Court decision over its Towed Streamer EM patent. The firm had issued a claims against Petroleum Geo-Services (PGS) in the High Court of Justice…
Transocean last night said its CEO and president of nearly five years Steven Newman is to stand down today (16 February). Newman. From Transocean's Beacon Mag. The international rig owner and operator…
Westcon Yards won a contract to conduct a special periodic survey (SPS) and inspection on the Transocean Leader semisubmersible. The Transocean Leader. From Transocean. The company said the original plan was for the rig to arrive in March…
Statoil and its partners have submitted their development plan for the largest oil field on the Norwegian Continental Shelf (NCS) since the 1980s – a project tipped to have “ripple effects” through the whole Norwegian economy for years to come…
Oilfield services giant Halliburton has signed a memorandum of understanding (MOU) with UK-based underground coal gasification (UCG) explorer Cluff Natural Resources (CLNR) with a view to collaborating on the development of CLNR's UCG and southern North Sea gas assets in the UK…
Norway's TOOLS has won a contract from Eni Norge for the provision of services and supplies to the Goliat FPSO/ The three-year contract, which has extension options, includes the provision of tools, pipes and fittings, transmissions,…
GE Oil & Gas invested more than US$20.7 million across its subsea manufacturing facilities in Montrose, Scotland, enhancing the business’s test and assembly (T&A) and manufacturing capabilities in direct response to customer need. GE…
2H Offshore appointed Phil Ward as a director in its Aberdeen office. Ward. From 2H Offshore. This new role reflects Ward’s experience, knowledge and commitment to 2H, and is a promotion from his current role as principal engineer…
The Prysmian Group and Siemens consortia completed and delivered the BorWin2 and HelWin1 projects to TenneT in the North Sea. Prysmian Group Cableship Giulio Verne operating by the HelWin converters platforms…
Rosneft CEO Igor Sechin addressed the International Petroleum (IP) Week forum in London, stating that the oil markets are in a fairly acute crisis. Image from Rosneft. “In the second half of 2014 there was a drop in oil prices…
Inspection, maintenance and repair (IMR) specialists N-Sea has launched its third diving support daughter craft. The Edradour represents a £1.5 million investment for the company and will be immediately used in its IMR operations across the North Sea…
Dana Petroleum has discovered light sweet crude in the Lille John-2 appraisal well and side-track on the Lille John oil field in license 12/06 in the Danish North Sea. The Lille John-2 (LJ-2) appraisal well and side-track confirmed the presence of sweet…
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