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Business & Finance

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Norway: Faroe Petroleum and Petoro AS Swap Assets
Business & Finance

Norway: Faroe Petroleum and Petoro AS Swap Assets

Faroe Petroleum, the independent oil and gas company focusing principally on exploration, appraisal and production opportunities in the Atlantic margin, the North Sea and Norway, announces that it has signed an agreement with Petoro AS (“Petoro”), to swap its interest in the Maria discovery for inte

about 15 years ago
Statoil Announces Production Start at Peregrino Field Offshore Brazil
Business & Finance

Statoil Announces Production Start at Peregrino Field Offshore Brazil

Last week Statoil started oil production at the large Peregrino field offshore Brazil. Production will gradually ramp up to a plateau of 100,000 barrels of oil equivalent per day. The move makes Statoil an important long-term operator and partner in Brazil’s attractive and growing oil and gas indust

about 15 years ago
Australia: Shell Enters Wheatstone Project as Natural Gas Supplier
Business & Finance

Australia: Shell Enters Wheatstone Project as Natural Gas Supplier

Chevron Corporation announced the signing of agreements with Shell Development (Australia) Pty Ltd to bring Shell into the Chevron-operated Wheatstone Project as a natural gas supplier and equity participant. George Kirkland, vice chairman, Chevron Corporation, said, “Chevron is pleased to welcome a

about 15 years ago
Norway: Statoil Launches Investigation into Visund Gas Leak
Business & Finance

Norway: Statoil Launches Investigation into Visund Gas Leak

Statoil has launched an investigation into the gas leak that occurred at Visund on April 9. The leak occurred in a riser carrying oil and gas from well A21 to the platform. On Friday April 8, Statoil decided to shut down production from the Visund field to carry out inspections on the risers, after

about 15 years ago
Tenth Deepwater Drilling Permit in Gulf of Mexico Approved (USA)
Business & Finance

Tenth Deepwater Drilling Permit in Gulf of Mexico Approved (USA)

The Bureau of Ocean Energy Management, Regulation and Enforcement (BOEMRE) today approved a deepwater permit for the drilling of a tenth well that complies with rigorous new safety standards implemented in the wake of the Deepwater Horizon explosion and resulting oil spill. This includes satisfying

about 15 years ago
USA: BOEMRE Approves 10th Deepwater Drilling Permit in Gulf of Mexico
Business & Finance

USA: BOEMRE Approves 10th Deepwater Drilling Permit in Gulf of Mexico

The Bureau of Ocean Energy Management, Regulation and Enforcement (BOEMRE) today approved a deepwater permit for the drilling of a tenth well that complies with rigorous new safety standards implemented in the wake of the Deepwater Horizon explosion and resulting oil spill. This includes satisfying

about 15 years ago
Statoil Initiates Investigation of Gas Leak at Visund (Norway)
Business & Finance

Statoil Initiates Investigation of Gas Leak at Visund (Norway)

Statoil has initiated an investigation after the gas leak that occurred at Visund on April 9. The gas leak occurred in a riser carrying oil and gas from well A21 to the Visund platform. On Friday April 8, Statoil decided to shut down production from the Visund field to carry out inspections on the [

about 15 years ago
Subsea Companies Join Forces to Develop New Solutions for Deepwater Transfer of Oil and Gas (UK)
Business & Finance

Subsea Companies Join Forces to Develop New Solutions for Deepwater Transfer of Oil and Gas (UK)

Victrex Polymer Solutions, a division of Victrex plc, the world’s leading manufacturer of high performance polyaryletherketones, and Magma Global Ltd. have signed a collaboration and exclusive material supply agreement that will enable the two companies jointly to address the increasingly harsh and

about 15 years ago
Protesters Prevent Petrobras’ Survey Operations Offshore New Zealand
Business & Finance

Protesters Prevent Petrobras’ Survey Operations Offshore New Zealand

The Brazilian oil company surveying the seabed off East Cape has temporarily stopped its operations, after protesters swam in the path of… Source: Radio New Zealand [mappress] Source:Radio New Zealand, April 10, 2011;

about 15 years ago
Gas Leak at Visund Platform Stopped (Norway)
Business & Finance

Gas Leak at Visund Platform Stopped (Norway)

The gas leak that was reported at the Visund platform this morning was confirmed stopped just before 1pm today. Evacuated personnel will be returned to the platform. The gas leak is believed to have started at a point in a fixed riser carrying oil and gas from well A21 to the Visund platform. A gas

about 15 years ago
Statoil Stops Gas Leak at Visund Platform (Norway)
Business & Finance

Statoil Stops Gas Leak at Visund Platform (Norway)

The gas leak that was reported at the Visund platform this morning was confirmed stopped just before 1pm today. Evacuated personnel will be returned to the platform. The gas leak is believed to have started at a point in a fixed riser carrying oil and gas from well A21 to the Visund platform. A gas

about 15 years ago
Living Oceans Foundation Chooses Bahamas for Opening of its Global Reef Expedition (USA)
Business & Finance

Living Oceans Foundation Chooses Bahamas for Opening of its Global Reef Expedition (USA)

The Living Oceans Foundation has chosen The Bahamas for the opening of its Global Reef Expedition, a five year, world–wide study of the health of the coral reef environments. In making the announcement, Captain Philip Renaud, USN (ret), the Foundation’s Executive Director, noted that up to 80 percen

about 15 years ago
USA: New Helicopter Passenger Survival Suit Improves Offshore Transportation Safety
Business & Finance

USA: New Helicopter Passenger Survival Suit Improves Offshore Transportation Safety

Water is a dangerous place with unpredictable elements. But with some jobs and activities it is not possible to just stay away from it. To get to offshore installations there is no other choice than to fly over water. So if a risk can’t be avoided it is essential to take every precaution to [&hellip

about 15 years ago
Scientist Try to Figure Out Reasons for Appearance of Dead Dolphins on Shores of GoM (USA)
Business & Finance

Scientist Try to Figure Out Reasons for Appearance of Dead Dolphins on Shores of GoM (USA)

Dead baby bottlenose dolphins are continuing to wash up in record numbers on the shores of the Gulf of Mexico, and scientists do not know… CNN [mappress] Source: CNN , April 08, 2011; Image: nj

about 15 years ago
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