Premier Oil sells Norwegian business for $120 millionNov 17, 2015Premier has agreed to sell Premier Oil Norge AS which comprises all its Norwegian assets, to Det norske oljeselskap ASA for a cash consideration of $120 million.
JKX Oil & Gas awarded Hungarian production licencesNov 17, 2015JKX Oil & Gas has been granted three 35-year production licences covering an area of approximately 75 sq km within its former Hernad I & II exploration licence areas in north-eastern Hungary.
Rockhopper Exploration achieves first gas at CivitaNov 17, 2015Rockhopper Exploration is pleased to announce that first gas production into the network from the Civita gas field, located onshore Italy in the Abruzzo Region, commenced
Unique Group acquires Aberdeen marine survey equipment firm GSE RentalsNov 17, 2015Unique Group has acquired GSE Rentals (Geophysical Survey Equipment) a rental company of high quality geophysical, hydrographic and oceanographic marine survey equipment.
The Switch launches FPC+, its new utility-grade full-power converterNov 17, 2015The Switch has launched its new generation, full-power converter (FPC) for utility-grade electricity production. The FPC+ concept builds on the company’s experience from its
Highlands Natural Resources acquires leasehold interestNov 17, 2015Highlands Natural Resources is pleased to announce that in line with its strategy to capitalise on the current oil price environment to acquire assets at a low cost, it has acquired
NPD gives green light for production start-up on Edvard GriegNov 17, 2015The Norwegian Petroleum Directorate (NPD) has granted consent to start production on the Lundin Norway-operated Edvard Grieg field in production licence 338 in the North Sea. Production start-up is scheduled in accordance with the Plan for Development and Operation (PDO). Development costs have increased slightly, but the increase is within the uncertainty range of plus/minus 20 per cent in the PDO investment projections.
Dryad Maritime releases Mediterranean Special AdvisoryNov 16, 2015Dryad Maritime releases their Mediterranean Special Advisory, an in depth report, looking at the complex threats currently facing commercial shipping in the Mediterranean Sea.
Planning application lodged for barite mine in ScotlandNov 16, 2015A planning application to develop a world class barite resource at Duntanlich, north of Aberfeldy, has been lodged with Perth & Kinross Council on 13th November by oilfield services
E Plugs wins 2015 ICoTA Innovation AwardNov 16, 2015E Plug has been named 2015 winner of the Intervention & Coiled Tubing Association (ICoTA) European Chapter’s highly-regarded Innovation Award.
NPD grants drilling permit to Lundin NorwayNov 16, 2015The Norwegian Petroleum Directorate has granted Lundin Norway AS a drilling permit for well 7130/4-1, cf. Section 8 of the Resource Management Regulations.
Oil and gas industry to go “back to basics” to increase efficiencyNov 16, 2015Operators and supply chain companies must simplify operations and introduce new technologies to streamline data entry in the field, in order to improve efficient operations
Lundin spuds exploration well on the Lorry prospect, offshore NorwayNov 16, 2015Lundin Petroleum AB says that its wholly owned subsidiary Lundin Norway AS (Lundin Norway) has commenced drilling of exploration well 6407/10-4 on the Lorry prospect.The well 6407/10-4 will explore the Lorry prospect in PL700, located on the northern part of the Frøya High in the Norwegian Sea approximately 17 km northeast of VNG Norge operated Pil and Bue discoveries in the Halten Terrace.
Premier Oil provides trading and operations updateNov 13, 2015Premier provides the following trading update for the period 1 January to 31 October 2015. Production averaged 57.5 kboepd year to date; ahead of full year guidance of 55 kboepd
READ Cased Hole awarded contract by A.P.Moller-Maersk GroupNov 13, 2015Aberdeen-based production and integrity evaluation company READ Cased Hole (READ), has been awarded a multi-million pound contract by Danish energy giant, Maersk Olie og Gas A/S, which
Subsea 7 signs partnership frame agreement with Premier OilNov 13, 2015Subsea 7 announces the signing of a long-term partnership frame agreement with Premier Oil to provide concept engineering, FEED, SURF project execution and Life of Field operations, on a preferred supplier basis.
Weatherford and Maersk Training partner to enhance critical well preparationNov 13, 2015Weatherford Secure Drilling® Services and Maersk Training have entered a strategic partnership to enhance scenario-based training and competency for critical wells. The training will provide Weatherford, operator
SUT launches call for papers for 50th anniversary eventNov 13, 2015The Society for Underwater Technology (SUT) has launched a call for abstracts for a new technical conference to be held next year to celebrate its 50th anniversary.
Independent Oil and Gas provides operational and funding updateNov 13, 2015Independent Oil and Gas plc is pleased to provide an operational and funding update for the upcoming well on Skipper. IOG is at the advanced stages of planning the Skipper well. This will be
The Importance of Marine GrowthNov 13, 2015Decommissioning within the offshore environment is rapidly becoming a focused activity for the oil and gas industry. Latest figures from Decom North Sea suggest that there are, approximately, 470 offshore
DNV certification for VSTEP GMDSS SimulatorsNov 13, 2015Maritime simulator developer VSTEP has received DNV-GL accreditation for their recently introduced new generation of GMDSS Simulators. This certification is the latest addition to VSTEP’s range of
EMGS appoints Christiaan A. Vermeijden as new CEONov 12, 2015The Board of Directors of Electromagnetic Geoservices ASA (EMGS) has appointed Christiaan A. Vermeijden as new Chief Executive Officer (CEO).
Deed of Undertaking concerning hybrid capital security due 3015Nov 12, 2015Further to DONG Energy’s announcement on 27 October 2015, where DONG Energy communicated that it was looking into possible ways to re-establish the ‘Intermediate’ (50%) equity content of its outstanding
Trelleborg takes top innovation accolade at the composites UK AwardsNov 12, 2015Trelleborg’s advanced engineering materials (AEM) operation, has taken home the prestigious Innovation in Composite Manufacture Award at this year’s UK Composites Industry Awards Dinner in Birmingham, UK.
