Northwest European Exploration Decreased

Monday, September 20, 1999
Northwest European offshore oil and gas exploration activity lags previous year levels by 37 percent with only 40 exploration wells started so far this year compared with 64 at this point in 1989, consultants Arthur Andersen said. They said in their weekly well report that appraisal activity too was down 44 percent on 1998, with 14 spuds, compared with 25 last year. "This is due mainly to the large decrease in appraisal spuds in the UK, where the number of wells drilled is down 65 percent on last year," Arthur Andersen said. In Denmark and the Netherlands, appraisal activity was actually up on last year while in Norway, it was only slightly lower. The number of active oil and gas rigs operating in all sectors of northwest Europe for the week ending Sept. 8 totaled 45 rigs, up from 41 in the week ending Aug. 25. There were 23 rigs drilling in the UK sector, up two from the previous week, while Norway was up one rig with 15. The Netherlands was unchanged with four rigs while Ireland and Denmark were steady with one rig each.
Maritime Reporter July 2015 Digital Edition
FREE Maritime Reporter Subscription
Latest Maritime News    rss feeds

Offshore

CWind Joins National Workboat Association

Citing crew transfer services as an integral part of its offering, offshore wind industry service provider CWind announced it is now a member of the National Workboat Association (NWA) of the U.

BG Group Starts up Sixth FPSO in the Santos Basin

BG Group announced first oil from the Cidade de Itaguaí floating, production, storage and offloading (FPSO) vessel, the sixth unit to start production across the

BG Awards Fugro MBES, Seabed Coring Contract

Fugro has been awarded a contract by BG International Limited Sucursal Honduras to conduct an integrated multibeam echosounder (MBES) survey and seabed coring campaign

Cruise Ship Trends

Norwegian Epic to Sail from Port Canaveral

Port Canaveral will homeport Norwegian Cruise Line’s (NCL) largest ship and currently the third largest in the world—the Norwegian Epic—starting in November 2016,

Cruise Industry Wins Key Norovirus Judgment

In what is being seen as a landmark decision, Hill Dickinson is the first law firm to have successfully defended a UK class action case involving a Norovirus outbreak onboard a cruise liner.

Royal Caribbean's Profit Rises 34 Percent

Royal Caribbean Cruises Ltd, the world's second-largest cruise operator by revenue, reported a 34 percent rise in quarterly profit as passengers spent more onboard

 
 
Maritime Careers / Shipboard Positions Maritime Contracts Maritime Security Navigation Pipelines Port Authority Salvage Ship Electronics Ship Repair Ship Simulators
rss | archive | history | articles | privacy | contributors | top maritime news | about us | copyright | maritime magazines
maritime security news | shipbuilding news | maritime industry | shipping news | maritime reporting | workboats news | ship design | maritime business

Time taken: 0.2078 sec (5 req/sec)