Statoil to delay development of Johan Castberg, Snorre 2040 projects
Mar 9, 2015
The licensees in the Johan Castberg and Snorre 2040 licences have decided to spend more time on the projects. “Castberg and Snorre 2040 are two major and important projects in our portfolio, and it is important that we find sound and robust development solutions for them,” says Ivar Aasheim, Statoil’s senior vice president for field development on the NCS. Statoil and its partners have put in an extensive effort to develop cost-effective solutions for the projects.

Kongsberg Maritime delivers welding cameras for remote pipeline repair system
Mar 6, 2015
Kongsberg Maritime Camera Group has designed, manufactured & delivered a new underwater video camera for use on an advanced subsea Remote Pipeline Repair System (RPRS). The cameras are specifically designed to monitor the welding arc and welding pass in an unmanned hyperbaric welding habitat, when operating to depths of 1,500msw.

Exxon Mobil Corporation to add new oil and gas production
Mar 5, 2015
Exxon Mobil Corporation expects to start up 16 major oil and natural gas projects during the next three years and is on track to increase daily production to 4.3 million oil-equivalent barrels by 2017, Rex W. Tillerson, chairman and chief executive officer, said. 'Our long-term capital allocation approach has not changed,' Tillerson said at the company's annual analyst meeting at the

Technip awarded major contract to supply flexible pipes in Brazil
Mar 4, 2015
Technip was awarded a major contract from Tupi BV, a consortium composed of Petrobras Netherland BV (PNBV, 65%), BG (25%) and Galp (10%), for the ongoing development of the Lula Alto field, located in the Santos Basin pre-salt area, Brazil.
This contract covers the supply of around 200 kilometers of flexible pipes and associated equipment, including gas lift, gas and water injection,

Statoil awarded Johan Sverdrup contract to Pioneering Spirit offshore heavy-lift vessel
Mar 3, 2015
Statoil has signed a contract with Allseas for installation of three platform topsides on the Johan Sverdrup field. The vessel will be installing the topsides for the drilling, processing and living quarter platforms. Allseas will transfer the topsides to Pioneering Spirit before they are transported to the Johan Sverdrup field. On the field Pioneering Spirit will install the topside on the steel jackets.

Statoil submits development plan for Peregrino Phase II
Mar 2, 2015
Following the sanction of the Peregrino phase 2 project in December, Statoil together with its partner Sinochem submitted the Plan of Development (PoD) to the National Agency of Petroleum, Natural Gas and Biofuels (ANP) in Rio de Janeiro on 30 January. The project entails a new well head platform and drilling rig (Platform C) and adds approximately 250 million barrels in recoverable resources to Peregrino field. The project entails investments of approximately USD 3,5 billion.

Statoil awards Mariner supply base and warehousing contracts to Asco
Feb 27, 2015
Statoil (U.K.) Limited has on behalf of the Mariner co-venturers awarded the contracts for supply base and warehousing services for the Mariner field to Asco UK Limited. Asco is an international oilfield support services company, headquartered in Aberdeen. The supply base and warehousing facility for Mariner will

Inpex' subsidiary wins stakes in 2 exploration permits Offshore Australia
Feb 26, 2015
Inpex Corporation's subsidiary Inpex Browse E&P Pty Ltd (Inpex Browse), was awarded exploration permits for Release Areas WA-513-P and WA-514-P (the Blocks) offshore Western Australia. Inpex Browse will hold a 40 percent participating interest in the Blocks while Santos, the Operator, will hold a 60 percent participating interest.

Johan Sverdrup contract awarded to Aibel
Feb 25, 2015
Statoil, on behalf of the Johan Sverdrup partnership, will sign a contract with Aibel for the construction of the deck for the drilling platform on the field. The contract is worth in excess of NOK 8 billion.The contract includes engineering work, procurement and construction (EPC) of the drilling platform deck. Engineering design will be undertaken at Aibel’s office in Asker outside Oslo The platform deck will be built at the Aibel’s yard in Thailand and Haugesund, and at Nymo’s yard in Grimstad.

Statoil's Osberg Delta 2 comes on stream
Feb 24, 2015
On 21 February Statoil and its partners started up production from Oseberg Delta 2 in the North Sea. The field’s recoverable reserves are estimated at 77 million barrels oil equivalent. The field, which is tied back to the Oseberg Field Centre, has been developed using two subsea templates with capacity for a total of eight wells.The initial phase of the plan initially involves three oil producers and two gas injectors.

Norwegian Petroleum Directorate declares production figures January 2015
Feb 23, 2015
Preliminary production figures for January 2015 indicate an average daily production of about 1 931 000 barrels of oil, NGL and condensate.This is 59 000 barrels per day (about 3 percent) less than in December 2014.Total gas sales were about 10.3 billion Sm3, which is 0.6 GSm3 less than previous month.The average daily liquid production in January was: 1 542 000 barrels of oil, 344 000 barrels of NGL and 45 000 barrels of condensate.

BP signs global agreement with Maersk to provide additional advanced training to BP offshore rig teams
Feb 20, 2015
BP will offer advanced training programs for its offshore drilling teams under a new global agreement with Maersk Training, further underscoring BP's commitment to safe and reliable operations. By 2016, Maersk Training, which currently is working with BP on training in Europe, plans to open a new state-of-the-art facility in Houston that will feature highly interactive simulators replicating nearly every critical job on an offshore drilling rig.

BASF and FoundOcean to revolutionise offshore grouting
Feb 19, 2015
On Tuesday 17th February 2015, FoundOcean and BASF launched an integrated material and service system for the provision of a new high strength grout, MasterFlow 9800, in Edinburgh, UK.The high strength grout is the result of over 3 years of joint development, the primary purpose of which has been to deliver significant and quantifiable improvements in productivity and safety when grouting offshore structures.

Schlumberger introduces industry-first fully dissolvable plug-and-perf system
Feb 18, 2015
Schlumberger has released the Infinity* dissolvable plug-and-perf system. This unique solution uses fully degradable fracture balls and fully degradable seats instead of plugs to isolate zones during well stimulation.“Operators are continuously looking to streamline plug-and-perf operations without compromising productivity,” said Olivier Le Peuch, president, Completions, Schlumberger.

Lundin spuds exploration well on the Gemini Prospect
Feb 17, 2015
Lundin Petroleum, through its wholly owned subsidiary Lundin Norway AS, has commenced drilling of exploration well 16/1-24 in PL338C southwest of the Edvard Grieg field.The well will investigate the hydrocarbon potential of the Gemini prospect. The well is located in PL338C approximately 10 km southwest of the Edvard Grieg field.

Statoil submits the development plan for Johan Sverdrup
Feb 16, 2015
Statoil and its partners submit the plan for development and operation (PDO) for Johan Sverdrup, phase one, to the Norwegian Ministry of Petroleum and Energy. The PDO will be handed over from Statoil’s chief executive officer Eldar Sætre to Norwegian petroleum and energy minister Tord Lien.

DNV GL led industry collaboration to develop design guidelines for pipeline concrete coating
Feb 13, 2015
With submarine pipelines increasing in diameter and extending into deeper waters and more challenging environments, design requirements for concrete weight coating do often not meet current needs. The result is inconsistent safety margins and potentially expensive overdesign and stringent installation requirements.

Svenska Petroleum completes appraisal well on Krafla Main in the North Sea
Feb 12, 2015
Svenska Petroleum Exploration (Svenska), license partner in PL035, confirms the completion of the appraisal well 30/11-10 A on the “Krafla Main” Structure. The appraisal well 30/11-10 A was drilled one kilometre north west of the discovery well 30/11-8 S.The main target was to appraise the 30/11-8 S discovery and enhanced data collection and sampling have been undertaken.

SAL Heavy Lift's MV Frauke wraps up offshore gig
Feb 11, 2015
The specialist vessel MV Frauke operated by SAL Heavy Lift has just completed a major long term offshore industry project.The Type 176 vessel MV Frauke finalized the project, which it began in July 2014, in December 2014.The complex project consisted of seven phases:

Statoil reports exploration success in the Krafla area
Feb 10, 2015
Operator Statoil has together with PL035 partners completed a two-well programme in the Krafla area in the North Sea. Since 2011 significant new recoverable resources have been proven in the area. The Krafla Main Tarbert appraisal well and the small oil discovery in the Krafla North prospect in December has increased the

VERHOEF launches first Electric Powered Freefall Lifeboat
Feb 9, 2015
VERHOEF, the Dutch Builder of aluminium FREEFALL LIFEBOATS has now successfully performed full scale tests with the first freefall lifeboat, powered by an electric motor. The innovation and application of electric power instead of a diesel engine is another example of VERHOEF’s dedication to be the front

Petrobras elects new CEO and Executive Officers
Feb 9, 2015
Petrobras informs that its Board of Directors, in a meeting held today, has approved with majority vote the election of Aldemir Bendine as CEO of Petrobras replacing the current CEO, Maria das Graças Silva Foster. Maria das Graças Silva Foster is also leaving the Company’s Board of Directors, which elected Aldemir Bendine as its new Director. This election, according to the provisions of the Brazilian legislation and Petrobras’ by-law, is valid until the next

INPEX begins development drilling for Ichthys LNG project
Feb 5, 2015
Inpex Corporation (INPEX) says that the INPEX-operated Ichthys LNG project commenced drilling at the Ichthys gas-condensate field, about 200km off the Western Australian coast.The first development well was spudded on February 3 by the Project’s development drilling rig ENSCO-5006, which recently arrived

Statoil and Southwestern Energy complete transaction on non-operated Marcellus asset
Feb 4, 2015
Statoil and Southwestern Energy Company have completed their previously announced transaction, whereby Statoil has reduced its average working interest in the non-operated US southern Marcellus onshore asset from 29% to 23%.The transaction covers 515,000 acres in the southern part of the Marcellus. The divested share represents approximately 30,000 acres.