Oil has been proven by Statoil and its partners Det norske oljeselskap ASA and Svenska Petroleum Exploration AS on the North Sea Krafla prospect. The well is located in block 30/11 around 26 kilometres south of the Oseberg South field. Based on preliminary calculations the size of the discovery is b
EnQuest PLC announces a farm in agreement with Fairfield Acer Limited (‘Fairfield’) for UKCS Block 9/28a – Area B, which contains the Crawford oil field and the 9/28a -18 Porter oil discovery. EnQuest already holds a 19% interest in the block, through its acquisition of Stratic Energy Corporation (‘
Det norske plans to submit a plan for development and operation (PDO) for the Jetta discovery this summer. On the exploration side, the company will participate in an additional eight wells in 2011. During the first quarter, Det norske oljeselskap ASA has given priority to the development of the Dra
Lundin Norway AS has received consent to carry out exploration drilling of well 7120/2-3 in the Barents Sea with the Transocean Leader mobile facility. The well will be drilled in production licence 438, approx. 172 kilometres northwest of Melkøya, and approx. 30 kilometres northwest of Snøhvit. The
A specialized team lead by Fairmount Marine has completed successfully the tow, mooring and positioning hook-up of the floating production storage and offloading unit (FPSO) Pazflor offshore Angola. Earlier Fairmount’s powerful tugs Fairmount Expedition, Fairmount Glacier and Fairmount Alpine have t
Falling in line with an Oil Ministry order, Reliance Industries on Monday cut natural gas supplies to non-core users like refineries and … The Hindu [mappress] Source:The Hindu , May 9, 2011;
Sembcorp Marine achieved a net profit of $150.6million in 1Q 2011. This was 1.2% higher as compared with $148.8 million for the corresponding period in 2010. This increase was attributable mainly to improved margins driven by higher operational efficiency and productivity gains through execution of
Nexen advises that its Buzzard platform in the North Sea, is operating at reduced rates due to problems with the platform’s cooling system. A permanent solution has been identified and production is expected to be variable until the repairs are completed this summer. The Buzzard field is located in
Nexus Energy Limited announces that it has executed an agreement with the Wood Group for project management services in relation to the Crux liquids project. Wood Group is a leading worldwide Engineering and Project Management services provider, having around 34,000 employees, with core strengths in
Farstad Shipping, a major international supplier of large, modern offshore support vessels, has been awarded the following charter contracts: AHTS Far Sound (2007, UT 712L, 16.000 BHP), AHTS Far Sword (2006, UT 712L, 16.000 BHP) and AHTS Far Scimitar (2008, UT 712L, 16.000 BHP) have been contracted
Offshore Ship Designers is to design a new compact but powerful AHT offshore support vessel for Netherlands-based Neptune Marine Service BV. The order follows a recent contract for the design of two Azistern24/56 tugs for Singapore-based Pacific Offshore Engineering and Trading Pte. The key to both
Dolphin Group ASA (Dolphin) experience a strong demand for its services and target to expand in a strong seismic market with the objective to position themselves as a recognized and effective geophysical company. As part of this growth strategy, Dolphin have entered into long term charter agreements
Headquartered in Aberdeen, Scotland, EFC Group announces significant order growth for its Houston office and US-based manufacturing capabilities. The Americas region of EFC Group, a leading designer and manufacturer of Handling, Control, Instrumentation, and Monitoring Systems for the global oil and
Leading international oilfield services company Expro has once again received an award from the Royal Society for the Prevention of Accidents in recognition of its safety record. Expro has been commended in the Oil & Gas Industry Sector of the annual 2011 RoSPA safety awards; making it the seventh y
