Israel’s Delek Group entered into a US$66 million deal with UK-based exploration and production firm Ithaca Energy to acquire nearly 20% of the company, making Delek the largest shareholder in Ithaca. Image of the Northern Producer…
AIMS Global Consulting, part of the Whiterock Group, has appointed KR Solutions (KRS), Norway, to represent them in Norwegian Continental Shelf (NCS). KRS is based in Stavanger and is headed by Kjell Roverud who has many years’ experience in the oil and gas service sector…
Statoil has awarded contracts for two Johan Sverdrup jackets to Kvaerner Verdal and Dragados Offshore. The contract awarded to Kvaerner Verdal has a value of approximately US$122.8 million (NOK 1 billion) and covers engineering, fabrication…
Due to continued challenging market conditions, Athens, Greece-based rig provider Ocean Rig announced that if no future work is found for two of its fifth generation ultra-deepwater semisubmersible rigs – the Eirik Raude and Leiv Eiriksson – they could be scrapped…
The Petroleum Safety Authority of Norway granted an extension to Eni for use of the Flotel Superior accommodation facility at the Goliat field, in the Barents Sea. Image from Eni. The…
Statoil reported that oil had been observed near the OLS B loading bouy at the Statfjord filed, offshore Norway, in the early morning hours of 8 October. Production at Statfjord A is said to be operating normally. Statfjord field…
Norway-based Dolphin Geophysical and Bergen-based GC Rieber Shipping entered into multi million-dollar deals that include an early redelivery and improved vessel terms of an overall restructuring agreement to improve Dolphin’s competitiveness in today’s challenging market…
Lundin Norway commenced drilling of exploration well 7220/6-2 in PL609, offshore Norway. The planned total depth is approximately 1350m below mean sea level and the well is being drilled using the drilling rig Island Innovator. Drilling is expected to take approximately 40 days…
Fugro Scout, the new 83m geotechnical drilling vessel, has completed its maiden project in the Middle East. Since its maiden project in the Persian Gulf it has been successfully deployed in the Arabian Sea and the Red Sea, completing several…
Farstad Shipping’s Norwegian operations are taking a hit as the company sets to lay up five vessels, and lay off about 100 employees that is due to the further weakening of the offshore market. The Far Sleipner…
Image from EIC. The Energy Industries Council (EIC) announced the appointment of its new president Chris Haynes. Haynes is a senior oil and gas industry professional with almost 40…
Centrica Resources has received consent from the Petroleum Safety Authority to drill a shallow borehole (pilot hole) down to a depth of 423m below the seabed in the North Sea near the Ula field. The purpose of drilling is to establish that there is no shallow gas in an area…
Maersk Oil Norway AS, operator of production license 510, is about to complete drilling of wildcat well 6406/6-4 S. The well, drilled about 20km southwest of the Tyrihans field in the Norwegian Sea, is the first exploration well in the license…
Norwegian giant Statoil inked a US$15 million deal that will increase its presence on the Norwegian Continental Shelf and UK Continental shelf with the acquisition of stake in the Afla Sentral field. Map of Alfa Sentral…
Fugro has integrated and rebranded its geotechnical companies under the name Fugro GeoServices Ltd. The renaming completes the integration of Fugro Seacore, Fugro Engineering Services, EM Drilling, Fugro Loadtest, Fugro Instrumentation & Monitoring and Fugro Aperio…