TGS changes to multi-client library amortization from 1 January 2016Dec 7, 2015Due to an amendment to IAS 38 Intangible assets, the amortization method for the seismic multi-client libraries will have to change with effect from 1 January 2016.
Another EUR 5.1 million to Minesto¹s Deep Green technologyDec 7, 2015Marine renewable energy company Minesto, has together with eight partners received EUR 5.1 million, to develop the Deep Green technology within a project named PowerKite. The project will be
Lime Petroleum acquires additional 10% share in PL707Dec 7, 2015Hibiscus Petroleum says that Lime Petroleum Norway AS ('Lime Norway'), a company in which its jointly-controlled entity, Lime Petroleum Plc is a shareholder, has informed the Company on 3 December 2015 that it has entered
Offshore Technical Compliance introduce new digital pressure testing softwareDec 7, 2015Offshore Technical Compliance (OTC) in partnership with Hecate Software introduces GREENLIGHT, a new digital pressure testing software suite which provides reliable pressure analysis and compliance
CGG GeoConsulting introduces Seep Explorer and GLOGOSDec 7, 2015CGG GeoConsulting has acquired GLOGOS, the Global Onshore Gas-Oil Seeps data set, from Gas Consult. GLOGOS will be incorporated into the new Seep Explorer, creating the world’s only onshore and offshore
Norwegian Petroleum Directorate: 26 companies apply for exploration acreageDec 7, 2015The application deadline for production licences in the 23 licensing round expired on 2 December, and 26 companies had applied for exploration acreage by the end of the deadline.This licensing round comprises 57 announced blocks or parts of blocks, 3 of which are in the Norwegian Sea and 54 in the Barents Sea. 34 of the announced blocks are situated in the newly opened area in the south-eastern Barents Sea, and many of the applications target this acreage in particular.
North Atlantic Drilling reaches agreement with Jurong ShipyardDec 4, 2015North Atlantic Drilling Ltd. Says that a standstill agreement effective until June 2016 has been reached with Jurong Shipyard (Jurong) for the delivery of the sixth generation harsh environment semi-submersible
Seanamic appoints Business Development ManagerDec 4, 2015Seanamic has appointed David Henderson as business development manager responsible for growing the company’s profile in the supply of integrated surface to seabed systems for offshore applications.
Atlantic Petroleum provides November 2015 production figuresDec 4, 2015P/F Atlantic Petroleum announces that during the month of November, Atlantic Petroleum produced a net total of 37,000 barrels of oil equivalents (boe) from the Chestnut, Ettrick and Blackbird fields.
European Nuclear Industry Parter Forum ATOMEX opens in BudapestDec 4, 2015The 2015 European Forum of Nuclear Industry Suppliers ATOMEX has just opened in Budapest with the aim of strengthening and further developing its partnership within the European nuclear industry.
Providence Resources to acquire a 60% interest in Offshore Petroleum Lease 1Dec 4, 2015Providence Resources says that through its wholly owned subsidiary, Exola Limited, Providence has entered into an exclusive option agreement with PSE Kinsale Energy Limited over the southern portion of
Kårstø awarded assignment for Mjørud ASDec 4, 2015A contract covering engineering services as well as the production and installation of equipment has been awarded to technology specialist Mjørud AS. Placed by Statoil on behalf of operator Gassco, this assignment
AVEVA commercially launches AVEVA Everything3DDec 4, 2015AVEVA announced the commercial launch of AVEVA Everything3D™ 2.1 (AVEVA E3D™). The release builds on the software’s proven ability to deliver time and cost savings for brownfield and revamp projects by increasing
Statoil seeking new acreage on the Norwegian Continental ShelfDec 4, 2015Statoil has delivered its application for the 23rd licensing round on the Norwegian continental shelf to the Norwegian authorities. It is expected that the Ministry of Petroleum and Energy will announce the awards late first half of 2016. The round represents the first opening of new acreage on the Norwegian continental shelf (NCS) since 1994. Statoil’s application aims to significantly contribute to the company’s ambition for 2030 and beyond.
Rosneft closes acquisition of 16.67% share in PCK Raffinerie GmbH from TotalDec 3, 2015Rosneft and Total have closed the sale and purchase transaction concerning the 66.67% share in AET-Raffineriebeteiligungsgesellschaft mbH, representing a 16.67% effective share in PCK Raffinerie GmbH (Germany).
Glacier Energy Services combines businesses to enhance services offering and efficiencyDec 3, 2015Oilfield services provider Glacier Energy Services has merged the three businesses which form its specialist services division. Glacier’s heat transfer equipment manufacturing and refurbishment companies
New private sector body targets sustainable economic future for North-east ScotlandDec 3, 2015A new private sector led body, focused on ensuring a sustainable economic future for North-east-Scotland, has been launched following extensive consultation with the region’s business community
GSE Systems appoints Bahram Meyssami as Chief Technology OfficerDec 3, 2015GSE Systems, Inc. has appointed Dr. Bahram Meyssami as Chief Technology Officer. Dr. Meyssami brings to GSE more than 25 years of experience in complex enterprise-level software development and delivery
Corvus Energy presents case study with Lloyd’s RegisterDec 3, 2015Corvus Energy is pleased to announce its participation at the 2015 Flexible Marine Power & Propulsion Conference (FMPPS), Oslo, which will showcase the latest technologies for hybrid and electrical marine power
FARO® releases CAM2® Measure 10 – ProbingDec 3, 2015FARO Technologies, Inc. announces the release of CAM2® Measure 10 – Probing, the latest version in the CAM2 Measure 10 software suite, for the FaroArm® and FARO Laser Tracker product lines.
Dometic introduces new Sea Xchange CX WatermakerDec 3, 2015Dometic is introducing the new fully automatic Dometic Sea Xchange CX Watermaker, a high-capacity unit built for extreme offshore conditions, at the International Workboat Show.
SPE Aberdeen Section appoints new ChairmanDec 3, 2015The Society of Petroleum Engineers (SPE) Aberdeen Section Board has elected Ian Phillips, chief executive of the Oil and Gas Innovation Centre (OGIC), as its new chairman.
Amec Foster Wheeler in innovative new UK utility Capital Deliver AllianceDec 3, 2015Amec Foster Wheeler announces its founding membership of the Capital Deliver Alliance ('the Alliance'), launched by UK Power Networks. Alongside three other key supply chain companies the
Oil & Gas UK makes changes to its BoardDec 2, 2015Oil & Gas UK, the representative organisation for the UK offshore oil and gas industry, announces a number of appointments of member company representatives to its Board.
