International energy company Statoil has partnered with SINTEF, Scandinavia’s largest independent research organization, and Nacre, developers of award-winning intelligent hearing protection and communication technology, to create the next generation of intelligent hearing protection and communicati
Azerbaijan and Egypt consider the prospects for expanding cooperation in energy sector, in particular through joint geological and… [mappress] Source: Trend,July 7, 2010;
A new group will pool Texas’ brightest minds to come up with better and safer ways of drilling and producing oil and natural gas in the… [mappress] Source: AP,July 7, 2010;
In reference to announcement made on June 8, 2010, Sevan Marine ASA, on behalf of one of its subsidiaries, has received commitment from ING Bank to arrange and underwrite the USD 230 million Senior Secured Credit Facility for FPSO Sevan Voyageur. The fully documented loan agreement is expected to be
Endeavour International Corporation today announced that a sixth appraisal well has been successfully drilled and tested in the Cygnus gas field further confirming the field as one of the largest ever discovered in the UK sector of the Southern North Sea. In addition, the Department of Energy and Cl
Doug Suttles, Chief Operating Officer of BP Exploration and Production, met with Vessels of Opportunity (VoO) participants to view operations and discuss a number of enhancements made to the VoO program. Through these modifications, the program will more effectively deploy boats to oil recovery acti
Statoil and HitecVision have signed an agreement under which HitecVision will acquire Statoil’s subsidiary Tampnet AS. Tampnet operates a large high capacity communication network between offshore installations. Established by Statoil in 2001, Tampnet has since grown to serve 34 oil and gas fields a
FMC’s Brazil Technology Center will be located on campus at UFRJ Technology Park in Rio de Janeiro, an area that has been designated as the hub of the country’s future oil and gas technology developments. The building will contain engineering offices, technical training and design areas, research an
TGS has commenced a new multi-client 3D survey in partnership with PGS. This project, NVG10, covers a 3,500 km2 area in the North Viking Graben area of the Norwegian North Sea. The project is being acquired by the PGS Atlantic Explorer and utilizes PGS’ GeoStreamer® Technology. “Substantial customer
Chevron Corp. today announced a new deepwater natural gas discovery in a Chevron-operated block in the Carnarvon Basin offshore Western Australia, Australia’s premier hydrocarbon basin. The Clio-3 discovery well is located in the WA-205-P permit area approximately 90 miles (150 km) northwest of Onsl
A consortium, including LUKOIL Overseas (a 100% subsidiary of OAO LUKOIL) and Vanco International of USA, has won a tender for exploration and development of two blocks, Est Rapsodia and Trident, in the Romanian sector of the Black Sea. The respective stakes of LUKOIL Overseas and Vanco in the conso
Baker Hughes Incorporated (“Baker Hughes”) announced today that its subsidiaries have signed an agreement to sell a package of assets including two stimulation vessels (the HR Hughes and Blue Ray) and certain other assets used to perform sand control and stimulation services in the US Gulf of Mexico
U.S. officials confirmed Monday that tar balls from the Gulf oil spill have reached the shore of Texas, the first evidence that the spill has reached all five U.S. Gulf states. The Texas General Land Office confirmed the tar balls found along the shores of Crystal Beach on Bolivar Peninsula, Texas,
EnCore Oil plc provides an update on the Catcher South West Appraisal side-track well located in UK Central North Sea block 28/9. The 28/9-1Y well was drilled to a Total Depth of 6,255 feet Measured Depth (M.D.) having successfully encountered excellent quality oil bearing reservoir sandstones at th
