A lot has changed for Statoil in the past four years. In 2010, the company had two core exploration areas (the Norwegian Continental Shelf and the US Gulf of Mexico), said Jez Averty, Senior Vice President of Exploration for Statoil, North America…
Subsea 7 has been awarded a US$75 million three-year subsea construction services contract by ExxonMobil Canada Properties. The contract supports the Hebron heavy oil field development, in the Jeanne d'Arc Basin, 350km southeast of St John's…
The concept of temperature seems simple enough. Everyone knows that a thermometer can be used to measure the temperature of a substance such as air and that by knowing the forecast, people can adequately prepare for the day’s outdoor activities…
Baker Hughes drilling rig count for 22 Nov 2013 shows 57 rigs drilling off the US, including two rigs each off California and Florida, three off Texas, and 50 off Louisiana. This is three fewer than last week, but four more rigs drilling offshore than a year ago…
Statoil ASA discovered between 300-600MMbo recoverable in its first Bay du Nord exploration well, located 500km (310 mi.) northeast of St. John’s, Newfoundland. 'It is exciting that Statoil is opening a new basin offshore Newfoundland…
Statoil has made a third discovery of crude oil in the Flemish Pass basin, offshore Newfoundland. The discovery was made on the Bay du Nord prospect (EL1112), located approximately 500km northeast of St. John’s, Newfoundland and Labrador…
Statoil announced a light, high-quality oil discovery at its Harpoon prospect (EL 1112) in the Flemish Pass basin, off Newfoundland, Canada. The semisubmersible West Aquarius drilled the well in about 1100m of water. Harpoon is located 500km northeast of St…
Statoil announced a light, high-quality oil discovery at its Harpoon prospect (EL 1112) in the Flemish Pass basin, off Newfoundland, Canada. The company said it was too early to assess Harpoon's resource potential, but that it is encouraged by the results…
Husky Oil Operations awarded Technip two contracts for the planned subsea tieback of the South White Rose Extension field off Canada's eastern coast, Technip announced on 8 May 2013. The field is an extension of the White Rose field, located in the Jeanne d’Arc Basin…
ExxonMobil Canada Properties has released the option for Kvaerner's joint venture company Kiewit-Kvaerner Contractors to provide the full scope of engineering, procurement and construction (EPC) services for the Hebron Project gravity based structure (GBS)…
Aker Solutions acquired Canadian firm AKCS Offshore Partner. The company said the buyout supports planned future growth in North America as well as expansion into the St John’s, Newfoundland & Labrador, and Atlantic Canada market. AKCS was formed by Aker Solutions…
AKCS coup furthers Aker's Canadian expansionAker Solutions strengthens its commitment to the Canadian oil and gas market through taking full ownership of Newfoundland and Labrador-based AKCS Offshore Partner.'The buy-out will support…
Carlos PintoUTEC has been awarded a multi-year framework agreement with SBM Offshore, the company announced on 27 November 2012.UTEC will provide offshore survey and positioning services carrying its construction vessel fleet, initially…
Aker Solutions plans to purchase Canadian asset integrity management (AIM) company Thurm Energy, the company announced on 22 November 2012.The financial details were undisclosed; however, Aker said the acquisition will grow its AIM portfolio and boost its presence in the Atlantic Canada market…
The Canadian government, through the Atlantic Innovation Fund, kicked in C$3.2 million to help fund an $8.5 million oil & gas industry research project to improve DP operations in ice. Led by the Centre for Marine Simulation (CMS), the five…
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