The Barents 2020 cooperation project on safeguarding petroleum activities in the Barents Sea was concluded on Dec. 18 at a conference in Moscow. More than 100 Russian and Norwegian experts have worked together for close to three years on identifying common rules and standards for health, safety and the environment in the Barents Sea. Today they presented their recommendations in front of more than 200 representatives from industry, research institutions and authorities. The Barents Sea has been subject to industrial activities for years. The extreme climate, however, poses constant hazards to people and operations. And with industrial activities expected to increase in the years to come, there is a need to ensure a strong focus on implementing adequate standards for health, safety and the environment. This is what prompted Norwegian Minister of Foreign Affairs Jonas Gahr Støre to initiate a Russia-Norway cooperation project aimed at safeguarding petroleum activities in the Barents Sea in 2007. The project is a part of Barents 2020, a central element of the Norwegian Government’s strategy on the High North. DNV has been in charge of coordinating the project on Norwegian side while Gazprom and VNIIGAZ have been central actors on the Russian side. In addition to receiving funding from Norwegian and Russian authorities, a substantial part of the financial contributions have come from the industry itself
The Norwegian Petroleum Directorate’s (NPD’s) mapping of the southeastern Barents Sea and the area surrounding Jan Mayen shows 15% increase. The increase will result in an approximate increase of 15 per cent in the estimates of undiscovered resources on the Norwegian shelf which corresponds to about 390 million standard cubic metres (Sm3) of oil equivalents (o.e.). The mapping of these petroleum resources is a step in the authorities’ process to open these areas for
StatoilHydro has submitted an application for new production licenses both in the Barents Sea and the Norwegian Sea in the 20th licensing round on the Norwegian continental shelf. The application deadline was Nov. 7. “In order to clarify the resource base and realize the full potential of the Norwegian continental shelf, it is crucial to have access to new acreage," says Tim Dodson, head of explorations on the Norwegian continental shelf. "
RSI, a geoscience consulting firm to the oil exploration industry, completes several late sales of its Arctic atlas. RSI recently completed several late sales of its 79-well Barents Sea Rock Physics Study and Atlas of Seismic Expression; in total 17 companies have now licensed this product. The total value of the Barents Sea late sales and Mid-Norway exceeds $900,000. RSI CEO Richard Cooper stated, “It is clear that the recent high impact discoveries made by Statoil and partners at
A poll conducted at the Offshore Northern Seas (ONS) conference in Stavanger has revealed that industry professionals see Arctic exploration as a viable solution to Norway’s declining oil production rates. 74% of participants said that the development of sizeable reserves in Arctic waters offshore Norway could reverse the country’s diminishing North Sea production rates by 2030. By contrast, only 26% of participants felt Norway would not be able to abate the decline through Arctic
Rosneft CEO Igor Sechin and Eni CEO Paolo Scaroni have met to discuss the progress of joint projects between the two companies offshore Russia in the Black Sea and Barents Sea, sanctioned in the strategic cooperation agreement signed on 25 April 2012. The executives in charge of the two companies’ upstream, downstream and offshore projects and the CEO of Saipem were also present at the meeting. As part of the agreement, Eni and Rosneft will form joint ventures (Eni 33
Holdings in 11 new production licences have been awarded to Statoil in the 21st licensing round on the Norwegian continental shelf (NCS), which was announced by the government today, 15 April. The group received eight new operatorships, with four of these in the Barents Sea and four in the Norwegian Sea. “We are very pleased with the award of new acreage in the Barents and Norwegian Seas,” says Gro Gunleiksrud Haatvedt, senior vice president for exploration on the NCS.
Statoil has awarded Aker Solutions early phase studies for all their recent major discoveries on the Norwegian Continental Shelf; the Skrugard and Havis fields in the Barents Sea and the Johan Sverdrup discovery in the North Sea. Contract values are undisclosed. The past year has been unique, with Johan Sverdrup (formerly named Aldous/Avaldsnes) as the largest out of several new discoveries in mature areas in the North Sea, and the renewed optimism for exploration in the Barents Sea
The two submarines need to be raised & scrapped so as to avoid radiation pollution & are located in the northern Barents and Kara Seas. The ministry will announce an international tender, which may include companies from the France, the Netherlands, South Korea and United States, as the Russian Navy does not have the necessary equipment to carry out deep-sea salvage operations, the official Russian news agency, Izvestia informs RiaNovosti.
A huge building containing equipment for dealing with the whole cycle of radioactive waste management is taking shape on the coast of the Barents Sea. Roofing and façade are finished now, and remaining inner engineering systems are being installed, reports the 'Barents Observer'. The complex in the Saida Bay will deal with all kinds of radioactive scrap from the huge reactor compartments of decommissioned nuclear submarines to contaminated metal parts from both the navy and
Astrium Services, the global provider of satellite enabled telecom solutions, is again expanding its global VSAT coverage following the signing of new separate Ku-band capacity agreements with Eutelsat and SES. the company said new capacity secures more coverage and better performance in existing
Rex International Holding said its 65% indirectly owned subsidiary, Lime Petroleum Norway AS, has received approval from the Norwegian Ministry of Petroleum and Energy for the acquisition of 10% interest in each of the two offshore licenses, PL 707 and PL 708, from North Energy ASA
Though Russia is one of the world’s largest producers of oil and gas, it is embarking on an ambitious and somewhat imaginative programme of building floating nuclear power stations, writes Tony Roulstone, Lecturer in Nuclear Energy at the University of Cambridge, online at 'The Conversation'
Gazprom Neft is preparing for the construction of another two ice-protected oil platforms designed for the icy waters of the Pechora Sea, placed only few kilometers from the now well-known rig “Prirazlomnaya”, reports Barents Observer.
Statoil's second quarter 2013 net operating income was NOK 34.3 billion. Adjusted earnings were NOK 38.0 billion. "Statoil delivered an operationally solid quarter. We produced as planned, delivering record production from our portfolio outside Norway
Two vessel groups from Russia’s Northern Fleet will be sailing Arctic waters during the busiest season for commercial shipping along the Northern Sea Route reports the 'Barents Observer'. Citing Commander Vladimir Korolev's press statement Barents Observer reports that the Russian Navy
E&P costs have been increasing by 11% per annum for the last five years, according to Barclays Capital, and nowhere are they increasing faster than in remote and harsh offshore environments like Alaska’s OCS or Norway’s north Barents Sea.
A 19000 tons cargo vessel is making the first journey by a Chinese merchant ship to Europe via the Northern Sea Route, reports the Barents Observer. The cargo vessel “Hong Xing” owned by the Chinese shipping company COSCO left the northeastern port of Dalian on Thursday and is
Aker Solutions won a contract from Statoil to conduct an extended concept study for the floater for the Johan Castberg oilfield development in the Barents Sea in northern Norway. The contract, worth NOK 250 million, includes options for further work.
Having defied Russian refusal to grant the Greenpeace ship 'Arctic Sunrise' permission to enter the Kara Sea area on the Northern Sea Route, Russian coastguards boarded and threatened to open fire unless the protesters turned back. Selected entries from Dima Litvinov's onboard blogpost follow:
A naval task force from Russia’s Northern Fleet is heading to the eastern Arctic, taking the Northern Sea Route (NSR) reports Ria Novosti, citing a spokesperson for the fleet. Led by the heavy nuclear-powered guided-missile cruiser Pyotr Veliky, the task force
The fully loaded 6403 dwt tankship "Nordvik” hit an ice floe and started taking in water while sailing the Northern Sea Route (NSR) last week and as a result a ballast tank was holed reports the Barents Observer. The hole has been plugged with a cement box and the water ingress has
The “Nordvik”, which had been drifting in remote Arctic waters following a collision with an ice floe, is now being accompanied by icebreakers to its home port, reports the 'Barents Observer'. Citing the Russian Sea and River Transport Agency
Activists from the environmental organization Greenpeace International attempted to climb aboard Gazprom’s oil drilling platform 'Prirazlomnaya' in the Pechora Sea to stop it from becoming the first to produce oil from the region, reports the Barents Observer.
The Association of Naval Architects and Marine Engineers in Spain (AINE ) presented the award for Best Spanish ship built in 2012 to Zamakona Yards for its Offshore Emergency Rescue Vessel 'Esvagt Aurora'. The event took place as part of the 52nd Congress of Naval Engineering and Maritime