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
On 26 March, the Solitaire pipe-laying vessel started on the first stage of the Polarled installation project. The 482-kilometre long pipeline will transport gas from the Aasta Hansteen field in the Norwegian Sea to Nyhamna in western Norway. Statoil is operator during the development of the Polarled project and therefore responsible for laying the pipeline between Aasta Hansteen and Nyhamna. As operator for the gas plant
Electromagnetic Geoservices ASA (EMGS) has received a supplement agreement from Statoil Petroleum AS worth approximately USD 1.0 million for multi-client 3D EM data acquisition in the Norwegian Sea. The Company expects to commence the survey shortly, after completing the survey for Statoil announced on 2 June 2014 in the same area, using the vessel Atlantic Guardian.
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
Norwegian Energy Company ASA (Noreco) has agreed to transfer its 30 per cent ownership in PL484 in the Norwegian Sea to North Energy ASA (North). The transfer is subject to government approval. Further, the companies have agreed that Noreco, under certain conditions, has a right to re-enter the licence with a reduced equity share in the future. The transfer of ownership in PL484 was originally part of an asset swap deal announced in summer 2014
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
Wintershall has taken over the operatorship of the subsea oil and gas field Vega from Statoil, Wintershall announced today. Vega is the BASF subsidiary’s first operated subsea tie-in field in Norway. With this transfer, Germany-based Wintershall now operates two production fields on the Norwegian Continental Shelf, Brage and Vega. The takeover of the Vega operatorship is part of a transaction with Statoil that was completed in December 2014
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:
If you've dreamed of tying the knot at sea onboard a Cruise ship, you can now do so legally. Norwegian Cruise Line is inviting couples to tie the knot with new legally recognized ceremonies at sea aboard certain ships. The Miami-based cruise line said Thursday that captains will
Russian President Vladimir Putin put the nation’s northern fleet on full alert in the Arctic Ocean this week, as the U.S. and several Eastern European NATO countries conduct a series of military exercises near Russia's border.
As offshore field developments in the North and Norwegian Seas face maturity, operators on the Norwegian Continental Shelf (NCS) are looking to the more remote areas of the Barents Sea for further development. Here harsher environmental conditions
On December 18, Member of Rosneft Board of Directors, special representative of President of the Russian Federation on international cooperation in the Arctic and Antarctic Artur Chilingarov made a report "Russia and Norway: Prospects for Cooperation in the Arctic" at the Fridtjof
Vard Holdings Limited (“VARD”), one of the major global designers and shipbuilders of offshore and specialized vessels, stated that the surveillance vessel “Marjata” was named at Vard Langsten by the Norwegian Prime Minister, Mrs. Erna Solberg.
Electromagnetic Geoservices ASA (EMGS) has entered into a data licensing agreement with an international oil company worth USD 8 million for the provision of 3D EM data from EMGS's multi-client data library in the Barents Sea. "This sale confirms the increased recognition of the
Operator Statoil has together with PL713 partners made a gas discovery in the Pingvin prospect in the Barents Sea. The discovery is a play opener in a frontier unexplored area of the Barents Sea northwest of Johan Castberg. The discovery well 7319/12-1
Electromagnetic Geoservices ASA (EMGS) has signed a data licensing agreement with a customer worth USD 3.5 million for the provision of 3D EM data from EMGS's multi-client data library in the Barents Sea. "It satisfying to note that our multi-client library continue to
Electromagnetic Geoservices ASA (EMGS) announced an agreement from Statoil Petroleum AS for the Norwegian Sea. EMGS has now received a new contract from another oil and gas company worth USD 1.0 million for acquisition of 3D EM data in the nearby area.
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
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
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
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