RWE, Dana count up Cavendish gas Jul 4, 2007Germany-based offshore operator RWE Dea and U.K. independent Dana Petroleum have first production from the Cavendish field, where 60 million standard cubic feet per day of gas are onstream.
UK investments seen shrinking after bumper 2006 Jul 3, 2007Investments offshore the United Kingdom are seen falling off £1 billion or £1.5 billion to as low as £10 billion in 2007 after the 20 percent hike in spending recorded for 2006, Oil & Gas UK reported Tuesday.
Candover and partners sell Aibel for $900M Jul 3, 2007A private equity syndicate of Candover, 3i and JPMorgan Partners has sold offshore services outfit Aibel to an investor group led by Ferd Private Equity Fund II of Norway.
Revus debuts in U.K. North Sea Jul 3, 2007Norwegian independent and market favourite Revus Energy has farmed into two northern North Sea blocks to mark its debut in the U.K. sector, it was learned Tuesday.
Wood Group to run Triton three more years Jul 3, 2007Wood Group Engineering has secured three more years of work operating and maintaining the floating production, storage and offloading vessel Triton for an estimated $120 million, it was learned Tuesday.
BP closes CATS pipeline after anchor strike Jul 2, 2007BP has closed down the CATS gas pipeline network after a remotely operated vehicle on Sunday discovered damage caused by the dropping of a ship’s anchor onto pipe and concrete casing.
Awilco orders $197M in gear ahead of rig order Jul 2, 2007Drilling contractor Awilco Offshore has secured a drilling package from National Oilwell in Kristiansand, Norway for a fourth new-build, semi-submersible drill rig not yet ordered.
Statoil flying Canadian to 2015 with $1B CHC hire Jul 2, 2007Statoil has signed contracts with Canadian flyer CHC Helicopter Service for flights between offshore installations and the coastal cities of Bergen and Floro and the maintenance of a standby chopper at the Statfjord B platform.
Aker DOF Supply raising stock on Norway ties Jul 2, 2007Norwegian interests have agreed to form supply ship company Aker DOF Supply on the heals of another joint venture, Aker Oilfield Services, to be owned 50-50 this time by Aker Capital and DOF.
CGGVeritas orders twin $420M, “X-Bow” boats Jul 2, 2007Paris-based seismic outfit CGGVeritas has ordered two seismic vessels from Norwegian shipbuilder Eidesvik Offshore for a combined $420 million, with deliveries timed for 2010, when most of today's newbuild semi-submersibles begin exploring the seas.
Shell onto more gas at Onyx Jul 2, 2007An appraisal well drilled by the West Alfa semi-subersible rig has proven more gas for Shell at the Onyx Soervest discovery of a year ago, the Norwegian Petroleum Directorate said at the weekend.
BP submits $5B Skarv plan for Norwegian nod Jun 29, 2007Supermajor BP has sent Norwegian officialdom its plan to develop the 30-billion-kroner ($5-billion) Skarv gas field using a “large production vessel”, subsea wells and an 80-kilometre, gas-export pipeline.
Statoil, Shell pull out of carbon project after industry warnings Jun 29, 2007Statoil and Shell are pulling out of their large-scale carbon-dioxide injecton plan for the Draugen and Heidrun offshore fields offshore Norway, saying it’ll cost too much to capture and transport the globe-heating gas.
By WILLIAM STOICHEVSKI
Companies clear the air, as “carbon week” passes Jun 27, 2007Opinion appears to differ on where to deploy and concentrate technology to curtail global warming and begin earning from the trade in carbon, judging by a week of declarations on carbon capture and storage, or CCS, from the North Sea.
By WILLIAM STOICHEVSKI
Hydro enlists Siemens in “floating wind” drive Jun 26, 2007Hydro and Siemens Power Generation have entered into an agreement to cooperate on technology to develop floating wind turbines based on the Norwegian energy company’s Hywind concept.