CGG GeoConsulting issues ‘2015 Release 2’ of Tellus and Frogi new venturesJan 6, 2016CGG GeoConsulting reported that Robertson has made a number of major upgrades to its Tellus™ and Frogi global exploration databases.
Statoil awarded contracts for insulation, scaffolding and surface treatmentJan 6, 2016Statoil has awarded two new, long-term contracts with estimated value of NOK 11 billion for insulation, scaffolding and surface treatment services to Beerenberg Corp AS and Prezioso Linjebygg AS. They will provide services to 20 of the company’s 29 installations on the Norwegian continental shelf (NCS) when the contracts take effect. Carried out on all installations on the NCS, as well as all onshore plants in Norway, these services have ripple effects in many parts of the country.
Ocean Signal appoints Marinplus as exclusive distributor in SwedenJan 5, 2016Ocean Signal has appointed Marinplus AB as its exclusive distributor in Sweden. Marinplus will now supply a comprehensive range of Ocean Signal products,
PRIX index forecast: No change in global oil exportsJan 5, 2016Will oil exports continue flowing onto the world market, suppressing the oil price? The PRIX index forecast for the first quarter of 2016 has just been calculated and indicates
UK oil and gas production rose more than seven per cent in 2015, predicts Oil & Gas UKJan 5, 2016Oil & Gas UK’s chief executive Deirdre Michie welcomes confirmation of the first rise in oil and gas production for over 15 years but warns that the industry will be extremely
European Energy A/S to sell a wind farm in Germany with a total capacity of 12 MWJan 5, 2016European Energy A/S has together with a partner signed a conditional agreement concerning the sale of a wind farm in Germany with a total capacity of 12MW. Buyer of the wind park
Solo Oil gets final flow test consent for Horse Hill-1 wellJan 4, 2016Solo Oil has been notified by Horse Hill Developments Limited that the Oil and Gas Authority has granted consent for an extended flow test over three separate intervals in the
PKN ORLEN complets merger of Kiwi Acquisition with FX EnergyJan 4, 2016Polski Koncern Naftowy ORLEN S.A. (PKN ORLEN) has completed the merger (the “Merger”) of its indirectly wholly owned subsidiary, Kiwi Acquisition Corp. (Merger Sub),
Independent Oil and Gas gets extension of Cronx licenceJan 1, 2016Independent Oil and Gas reports that the Oil and Gas Authority has extended the Cronx licence by one year to 9 January 2017. IOG has also agreed to extend the Sale and
Lundin Petroleum completes the Ørnen exploration wellDec 31, 2015Lundin Petroleum’s wholly owned subsidiary Lundin Norway AS (Lundin Norway) has completed the drilling and evaluation of exploration well 7130/4-1 on the Ørnen prospect.
Statoil reports fatality on board COSL rigDec 31, 2015It is with great sadness that Statoil and COSL have received confirmed information from the police that one person has died as a result of the breaking wave that hit the drilling rig
Shell gets first gas flows from Corrib field in IrelandDec 31, 2015Operator Shell has started gas production from the Corrib field off the northwest coast of Ireland. Statoil holds a 36.5% participating interest in the field. The Corrib gas field is located 83 kilometres off Ireland’s northwest coast in water depths of almost 350 metres. At peak annual production, the field is expected to produce around 260 MM scf/d of gas, which is 45,000 barrels of oil equivalent per day (boe/d).
DW Monday: Offshore prospects for 2016Dec 30, 2015This year, the offshore oil and gas industry has had to come to terms with the worst downturn for more than a decade. With commodity prices plummeting to an eleven-year
TAQA taps first oil from Cladhan field in North SeaDec 30, 2015Abu Dhabi National Energy Company PJSC (TAQA) has got first oil from the new Cladhan field development in the UK North Sea. The field is developed as a subsea tie-back to the TAQA-operated Tern Alpha platform. Peter Jones, TAQA’s UK managing director, said: “Cladhan is the third field developed by TAQA and the largest to date. First oil therefore represents a significant milestone. Developing Cladhan as a tie-back to Tern underlines our commitment to invest in infrastructure and to maximise economic recovery in the North Sea.”
Transocean declares Shell's early termination of Polar Pioneer contractDec 29, 2015Transocean Ltd. says that Shell has elected to terminate the contract for the harsh environment semisubmersible Polar Pioneer prior to its expiration in July 2017.
EMGS reports sales from its Norwegian multi-client libraryDec 29, 2015Electromagnetic Geoservices ASA (EMGS) has entered into a data licensing agreement with an oil company for the provision of 3D EM data from the multi-client data library
PA Resources makes organisational and management changesDec 29, 2015PA Resources has decided to reduce the company’s corporate organisation in order to reduce cost. The company’s cost reduction efforts will entail several organisational and
Petroceltic International initiates strategic reviewDec 25, 2015Petroceltic International plc has initiated a formal strategic review of the Company's business and assets with a view to considering all options to maximise value for
Bigas has become 100% Cavagna GroupDec 25, 2015The decision is coherent with the development strategies of the Cavagna Group, including directly and with increasing interest in the field of engines conversion to LPG/CNG fuel.
Lundin completes drilling and reclassifies 16/1-25 S wellDec 24, 2015Lundin Norway AS, operator of production licence 338 C, has completed the drilling of exploration well 16/1-25 S.
Frontera upgrades gas potential from Greater Black Sea operationsDec 24, 2015Frontera Resources Corporation updates its operational work in the Greater Black Sea region of Eastern Europe.
Premier Oil completes sale of Norwegian businessDec 24, 2015Premier Oil has completed the disposal of Premier Oil Norge AS to Det norske oljeselskap ASA for a net cash consideration of $120 million.
Wintershall says sale of Norway assets to Tellus Petroleum will not be completedDec 23, 2015Following a request from Tellus Petroleum, Wintershall has consented to release the company from its obligations under the Sales and Purchase Agreement announced on June 18, 2015.
Kongsberg Maritime strengthens simulator capacity by acquiring SMSCDec 23, 2015Kongsberg Maritime has signed a contract to buy the Trondheim-based ship simulation and consultancy company, Ship Modelling & Simulation Centre AS (SMSC).
