Electromagnetic Geoservices ASA (EMGS) has received a signed contract from Tullow Oil Norge AS worth USD 7.7 million for 3D EM data acquisition in the northern part of the North Sea. "We are delighted to work with Tullow again, and also, encouraged to see contract coverage in the Norwegian waters continue to develop favorably. Adding a multitude of contracts to our multi-client activities this year should result in the most active year in Norway to date," said Roar Bekker, CEO of EMGS. The survey is expected to commence in August, using the vessel BOA Thalassa. This comes within a week of EMGS having received a signed contract from a customer worth USD 2.3 million (NOK 13.5 million) for 3D EM data acquisition in the Norwegian Sea. In addition, EMGS had signed two data licensing agreements with two new customers, amounting to a total of USD 2.0 million. The agreements relate to provision of 3D EM data from EMGS's multi-client data library in the Barents Sea and the Norwegian Sea.
Electromagnetic Geoservices ASA (EMGS), the marine EM market leader, has received a signed contract from a customer worth USD 2.3 million (NOK 13.5 million) for 3D EM data acquisition in the Norwegian Sea. The survey is expected to commence in June, using the vessel BOA Thalassa. According to Svein Knudsen, EMGS chief financial officer: EMGS, uses its proprietary electromagnetic (EM) technology to support oil and gas companies in their search for offshore hydrocarbons
Mobil Corp. said that production began from the world's largest subsea development, the Asgard oilfield in the Norwegian Sea, operated by Norway's state oil company Statoil and in which Mobil has a 7.35 percent stake.
EMAS AMC, the subsea services division of EMAS, a global offshore contractor and provider of integrated offshore solutions to the oil and gas industry, announced today that it has won a contract from Statoil for the transport and installation of subsea templates for the Norwegian Sea’s deepest offshore project – the Aasta Hansteen field development. The Aasta Hansteen field development, with a water depth of 1,300 meters, is located in the Norwegian Sea, 300 km west of Bodø
OW Bunker acquire two bunker barges for Nordic operations: 'OW Copenhagen' and 'OW Aalborg'. Prior to the acquisition, OW Bunker operated both vessels on a bare-boat charter from international shipping company the Clipper Group. OW Copenhagen and OW Aalborg are modern double-hulled 3,500dwt tanker barges, built in 2006 and 2005 respectively. Both vessels have a tank capacity of 4,260 m3, fast pumping rates of up to 600 m3/hr and are oil major approved
Nina Udnes Tronstad joins Aker Kvaerner as President for the offshore yard at Verdal. She comes from a position as Executive Vice President for HSE in Statoil where she has been a member of the corporate executive committee since April 2005. She will start 1 September 2007. She will report to Mr. Bjørnar Skjevik who will return to his position as head of Aker Kvaerner's fabrication yards. The team of Presidents at Aker Kvaerner's Norwegian offshore yards will consist of:
Aker Solutions wins a Statoil four-year frame agreement to supply wireline tractor services on the Norwegian continental shelf. The wireline tractor can push well intervention equipment several kilometres along highly deviated and horizontal wells. It has eliminated the need for more heavily equipped and costly well conveyance methods, thereby significantly reducing both operational costs and HSE risk. Under the agreement Aker Solutions will deliver wireline tractor services to the
In a world first for a commercial based High Speed Craft (HSC), certified and operated in accordance with the HSC Code by American Bureau of Shipping (ABS), USN HSV 2 Swift has completed very comprehensive heavy weather sea trials in the North Atlantic Ocean. HSV 2 Swift is a 98 metre Incat SeaFrame configured to US Navy specifications and is designed by Revolution Design in Tasmania, Australia, and built by Incat Tasmania, also in Tasmania, Australia
StatoilHydro announced that production on the Kristin field in the Norwegian Sea has now been shut down and the platform staff is being temporarily reduced until the lifeboat systems have been tested and found to be functional. “A defect has been discovered in the release mechanisms of the new lifeboat type installed on the Kristin platform,” said Eileen Buan, head of operations on the Kristin field. “We are therefore carrying out a controlled production shutdown and
An oil discovery just north of the Norne field in the Norwegian Sea will be considered for development with the Norne production and storage ship. A well on the North Sea Verona prospect is dry. Drilling of an exploration well on the Dompap prospect off the coast of Nordland county has been completed after proving oil. A sidetrack drilled to establish the oil/water contact in this discovery is also in the process of completion.
Norwegian prime minister Erna Solberg officially opened the Gudrun platform in the North Sea today, 19 August. This is the first new Statoil-operated platform on the Norwegian continental shelf (NCS) since Kristin in 2005. Gudrun is the first in a long line of new field developments operated by
18th of August, Rosneft together with Norwegian company Statoil Petroleum AS started exploration operations at the Pingvin License PL713prospect in the Norwegian section of the Barents Sea. The first exploration well Pingvin-1 will be drilled by the Transocean Spitsbergen rig
Electromagnetic Geoservices ASA (EMGS) releases information on vessel activity and utilisation 4-5 working days after the close of each quarter. The Company defines "vessel utilisation" as the percentage of the vessel charter period spent on contracted or multi-client data
Norwegian oil firm Det norske has lifted the resource estimate for the Ivar Aaasen field in the North Sea after signing an agreement to combine several adjunct licenses and good drilling results, it said on Monday. The firm said the combined estimated gross proven and probable reserves were now
Electromagnetic Geoservices ASA (EMGS), electromagnetic (EM) technology market leader, has received a Letter of Award from Statoil Petroleum AS worth USD 5.3 million for 3D EM data acquisition in the Norwegian Sea. EMGS, uses its proprietary EM technology to support oil and gas
Norwegian authorities have rejected an appeal by Greenpeace to stop Statoil from drilling the world's most northerly well on the Apollo prospect in the Barents Sea, the Norwegian oil company said on Friday. The company's announcement that it has been given approval to start drilling comes a day
The activists on board the Transocean Spitsbergen are now in the hands of Norwegian police. The rig was on its way for planned exploration drilling in the Hoop-area in the Barents Sea when Greenpeace activists boarded the rig in the early hours of Tuesday, 27 May.
DNV GL has issued the report ‘Subsea – Technology Developments, Incidents and Future Trends’ on behalf of the Norwegian Petroleum Safety Authority. “The ongoing increase in technology enhancement and the number of worldwide subsea field developments will demand greater
TGS commences new 2D and 3D multi-client projects in the Norwegian Barents Sea. Both surveys will provide customers with high quality data prior to the closing of the 23rd Norwegian Licensing round. The HFCE14 is a 3,100 km2 3D multi-client survey
The first photo of what is to be the most important military intelligence vessel for NATO in the Barents and Arctic Seas is to be seen on the right. “This is an important project to ensure Norway’s interests in the North. Control with the development there is strategically important
Norwegian oil explorer Det norske made a small oil discovery in the Arctic Barents Sea with a gross oil column of about 30 metres and much poorer reservoir quality than expected, the Norwegian Petroleum Directorate said on Monday. Det norske earlier said it found some oil in the prospect but
Hyundai Heavy Industries (Hyundai) has awarded Kvaerner a sub-contract to provide services for inshore and offshore hook-up and commissioning assistance for the topsides for the Aasta Hansteen spar project. The inshore-work will be carried out at Stord and the offshore scope will be done at
MTN explains that this advanced hybrid network enables satellite and terrestrial broadband connectivity for higher performance connections on large vessels both at-sea and in-port. With approximately 4,000 guests and 1,600 crew, the new cruise ship Norwegian Getaway is the first to
Technip inform they have been awarded by Statoil a substantial contract for future intervention services on the Asgard Subsea Compression Stations situated on the Norwegian contenental shelf. Ranking among the largest developments on the Norwegian continental shelf
Cash-rich Norwegian private equity firms are eyeing up potential North Sea acquisitions, encouraged by proven management teams and reasonable market prices, claims a leading energy expert. Rosalie Chadwick, a partner in legal firm Pinsent Masons