Olympic Shipping announced that the naming ceremony of their new vessel Olympic Electra was held in Myklebust Yard on Friday (November 18th, 2011). The company said that the ceremony, in spite of the rainy weather, was a successful event performed in an excellent manner by the vessel’s Godmother Mer
Norway’s Statoil stated that cuts or shutdowns in offshore production are possible over the upcoming weekend due to a big storm that is approaching the Norwegian Continental Shelf. Statoil’s spokesperson Ola Anders Skauby, said to Reuters that the company is evaluating its options and is considering
Noreco, an independent international petroleum company based in Norway, plans to begin drilling operations at the Luna prospect , located on the 01/11 license offshore Denmark using the Maersk Resolve jack-up rig. The Luna well will be drilled to a depth of 2,250 metres with a reservoir sandstone th
Xtract Energy PLC today provided an operational update ahead the commencement of Chevron’s drilling operations offshore The Netherlands. As previously announced Chevron intends to drill the P2-10 well on the P2 block using the ‘Noble Byron Welliver’ jack up drilling rig. The P2-10 appraisal well tar
Bowleven, the West Africa focused oil and gas exploration group , announces that the Sapele-3 exploration well drilling in the Douala Basin, offshore Cameroon, has been drilled to a total depth (TD) of 4,480 metres. Having successfully extended the previously defined play fairways at the Paleocene a
Aberdeen-based subsea installation contractor Bibby Offshore has announced a multi-million pound investment in marine assets for its core North Sea market. From January 2012, the DP3 Diving Support Vessel, Toisa Polaris, is expected to come under the control of Bibby Offshore. The vessel will be tak
Right after Statoil and its partners made an investment decision on fast track development of Vilje South, Aker Solutions unveiled that it has been awarded a contract by Statoil for the engineering, procurement and construction of a subsea production system for the project. The contract value is app
Petrobras today announced that it has identified the presence of good quality oil in well 4-SPS-91 (4-BRSA-1002-SPS), in shallow waters of south Santos Basin, in an area known as Tiro and Sidon, offshore Brazil. The new well, informally known as Patola, is located at a water depth of 299 meters, som
SeaBird Exploration PLC has entered into a share and purchase agreement (the “SPA”) with Fugro Norway AS on 18 November 2011, under which Fugro will acquire SeaBird Technologies AS and Seabed Navigation Company Limited which collectively hold all of the Company’s rights and assets related to the oce
Statoil announced today that it has, together with its partners, taken the investment decision to develop Vilje South, an extension to the main field included in its original plan for development and operation (PDO). An oil producer, Vilje is situated just to the north of Heimdal in the northern par
Aberdeen headquartered energy consultancy, Xodus Group, is gearing up for global expansion with the launch of a $ 7.7 million office in The Hague bringing an integrated subsurface and surface capability to the global oil and gas industry. A number of key appointments have been made and Xodus said it
Singapore based, Equinox Offshore Accommodation Limited has been awarded a letter of intent (LOI) from Petrobras for the provision of an accommodation and repair vessel (ARV). According to the LOI the vessel will support Petrobras’ works offshore Brazil under a 5 years firm contract. Upon the expiry
The Norwegian Petroleum Directorate (NPD) and the University of Bergen have acquired geological material from steep parts of the seabed on the Jan Mayen Ridge. The new knowledge reinforces the belief that there could be petroleum in the area. ”The samples from the seabed at Jan Mayen are remarkable;
A working was held yesterday in Saint Petersburg meeting between Alexey Miller, Chairman of the Gazprom Management Committee (right) and Helge Lund, President and Chief Executive Officer of Statoil(Left). The parties tackled the main issues of colaboration in the gas sector and exchanged views on th
