Statoil has signed a farm-in agreement with BP, acquiring a 30 percent equity share in four exploration licences offshore South Australia. “With this agreement we gain access to a vast, underexplored area with high-impact potential,” says Pål Haremo, senior vice president for Global new ventures in Exploration. “This is in line with our strategy, supporting [...]
May 14, 2013 | Posted in
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Three oceanauts of China’s manned submersible, the Jiaolong, are preparing for their first mission in June in South China Sea, china.org reports. The mission is expected to begin on June 5, and to last 103 days. According to the news site, Jiaolong will carry out dives in a cold spring area to conduct biodiversity research, [...]
May 9, 2013 | Posted in
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Ezra Holdings Limited (“Ezra”, the “Group”), a leading global offshore contractor and provider of integrated offshore solutions to the oil and gas (O&G) industry, announced that its subsea division, EMAS AMC, has been awarded a subsea engineering, procurement and offshore construction contract from Statoil for the Smørbukk South Extension’s project. The contract is valued at [...]
May 2, 2013 | Posted in
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Today, the Government presented its proposal to open for petroleum activity in the south-eastern Barents Sea. “This is a historic day. Opening the first new region for petroleum activity since 1994 will allow us to explore new, promising areas for oil and gas, provide new opportunities and new impetus in Northern Norway, and boost value [...]
April 26, 2013 | Posted in
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Wilhelmsen Ships Service (WSS) is increasing its offer to clients in the offshore vessel and energy production sectors in 2013, with a strong focus on opportunities in Singapore and South East Asia. WSS has been supplying the Offshore Supply Vessel (OSV) market for more than 30 years, but going forward will increase its focus on [...]
April 10, 2013 | Posted in
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FMC Technologies, Inc. announced that it has received an order from Statoil for subsea equipment for the Smorbukk South Extension Project. The order has an estimated value of $96 million in revenue. FMC Technologies’ scope of supply includes subsea trees, wellheads, a manifold, control systems and other associated equipment. Smorbukk South is part of the [...]
April 3, 2013 | Posted in
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Dolphin Geophysical really needed to ‘think big’ for its recent 3D seismic survey with super-major Shell in the Orange Basin, South Africa. A huge survey area and limited timeframe led the Norwegian firm to adopt a radical approach to get the job done – it created, and successfully operated, the ‘world’s largest floating object’. Dolphin, [...]
March 22, 2013 | Posted in
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Statoil and the partners in the Åsgard Unit have today decided to realise the Smørbukk South Extension project. Smørbukk South Extension holds estimated recoverable reserves of 16.5 million barrels of oil equivalent, and will be developed with a new subsea template connected to existing infrastructure in the area. The recovered gas will be reinjected in [...]
March 20, 2013 | Posted in
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Borders & Southern, a London based independent oil and gas exploration company, provides an update on its assets in the South Falkland Basin. Since the completion of its 2012 drilling campaign the Company has undertaken a number of technical and commercial studies. Whilst a number of these studies are still in progress, some of the [...]
January 28, 2013 | Posted in
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IEV Holdings Limited (the “Company”, and together with its subsidiaries, “IEV” or the “Group”) wishes to announce that, on 16 December 2012, its 49% owned associate, IEV (Malaysia) Sdn. Bhd. (“IEV Malaysia”) received a Letter of Award (“LOA”) for a major transportation and installation project (the “Project”) by an established oil and gas operator (“O&G [...]
