UK North Sea Gas Discovery 'Significant' Say E&P

SeaDiscovery.com
Friday, August 16, 2013

E.ON Exploration & Production's (E&P) Tolmount gas discovery in the UK North Sea could contain significantly higher volumes than originally estimated, making it one of the largest discoveries made in this part of the North Sea for several years.

The recently completed appraisal well reached its targets within time and budget on 6th July. A 855 m side-track was completed on 30th July, 2013.
 

"This successful discovery in UK is an important step for our growing upstream business. Tolmount will significantly contribute to the implementation of our business strategy," said Jørgen Kildahl, member of the E.ON Board of Management.

The Tolmount gas accumulation is situated near existing gas infrastructure in the UK North Sea. E.ON E&P already has a strong presence in this area and operates the Johnston and Babbage gas fields.

"The well results will now be incorporated into development studies, with the aim of an optimised development in a short timeframe. Tolmount could be one of the largest discoveries made in the Southern North Sea in the last decade," said Frank Sivertsen, CEO of E.ON E&P.

The Tolmount discovery is located 50 km off the UK coast, to the northeast of Dimlington, East Riding of Yorkshire, in block 42/28d in the UK Southern North Sea. E.ON E&P (operator) holds 50 percent of 42/28d and Dana Petroleum (E&P) Limited holds 50 percent. "We would like to thank our partner Dana Petroleum for its support and teamwork in reaching this significant milestone. The Tolmount success shows there is still potential for significant volumes of hydrocarbons to be found in the UK North Sea," said Haakon Haaland, Executive Vice President Business Development & Exploration of E.ON E&P.
 

Maritime Reporter August 2014 Digital Edition
FREE Maritime Reporter Subscription
Latest Maritime News    rss feeds

Contracts

Source: Siemens Offering $6.1 bln for Dresser Rand

Germany's Siemens plans to offer more than $6.1 billion, or $80 per share, for U.S. compressor and turbine maker Dresser-Rand, Germany's Manager Magazin said on Friday.

Transas Simulators Boosts Western Shipping Training Center

Transas Marine Pacific has successfully completed the upgrade of a simulator complex for Western Shipping Pte. Ltd. training center. The simulator class was

Kongsberg/Ricardo in Wind Farm Bearing Collaboration

Ricardo and KONGSBERG say that they have signed a framework agreement that will see Ricardo support the development of the Kongsberg Wind Farm Management System

Offshore

FPSO Petrojarl Knarr Delivered to Norway

Three tugs of Fairmount Marine have towed the brand new FPSO Petrojarl Knarr from South Korea to Norway in just 61 days. Petrojarl Knarr, one of world’s largest

Exxon, Rosneft May Halt Arctic Operations

Russia's natural resources minister said on Friday that it was highly likely that U.S. oil major Exxon Mobil Corp and its Russian counterpart Rosneft had halted

Scotland's 'No' to Independence Welcomed by Shell

Royal Dutch Shell CEO Ben van Beurden on Friday welcomed Scotland's vote against independence. "Shell welcomes the decision by the people of Scotland to remain within the UK,

Energy

Source: Siemens Offering $6.1 bln for Dresser Rand

Germany's Siemens plans to offer more than $6.1 billion, or $80 per share, for U.S. compressor and turbine maker Dresser-Rand, Germany's Manager Magazin said on Friday.

Exxon, Rosneft May Halt Arctic Operations

Russia's natural resources minister said on Friday that it was highly likely that U.S. oil major Exxon Mobil Corp and its Russian counterpart Rosneft had halted

Gazprom Supplying Gas to Europe as Contracted

Alexey Miller reported to Vladimir Putin that European consumers were receiving gas supplies entirely in line with contractual obligations. The total accumulated

LNG

Finland Grants Support to Three Small LNG Terminals

The Finnish government granted 65.2 million euros (84.22 million US dollar) in subsidies to build three small liquefied natural gas (LNG) terminals to cut on use

Ingram to Build 20 Tank Barges in 2015

Ingram Barge Company announced that it will build 20 tank barges in 2015 to meet growing demand for chemical shipments. While most of the company’s recent tank

Senator Says 2015 Could Be Time for US Oil Export Bill

The top supporter in the U.S. Congress for reversing the 40-year ban on crude oil exports, Senator Lisa Murkowski from Alaska, said next year could be the time for a bill on lifting the restriction.

Offshore Energy

FPSO Petrojarl Knarr Delivered to Norway

Three tugs of Fairmount Marine have towed the brand new FPSO Petrojarl Knarr from South Korea to Norway in just 61 days. Petrojarl Knarr, one of world’s largest

Exxon, Rosneft May Halt Arctic Operations

Russia's natural resources minister said on Friday that it was highly likely that U.S. oil major Exxon Mobil Corp and its Russian counterpart Rosneft had halted

LQT Delivers Accommodation Facility and Helideck in Gulf of Mexico

LQT Industries , a full-service provider of accommodation facilities, design-build construction services, and support services to the oil and gas industry, has

Underwater Engineering

Phoenix International Awarded US$75-M Subsea Navy Contract

US Department of Defense inform that Phoenix International Holdings Inc., Largo, Maryland, is being awarded a $75,000,000 indefinite-delivery/indefinite-quantity,

Kongsberg AUV Pioneer Recognized by MTS Award

Kongsberg inform that Bjørn Jalving, Executive Vice President Subsea at maritime, offshore and subsea technology developer Kongsberg Maritime recently has been

Upcoming Expo 'Offshore Marintec Russia'

ExpoForum Convention and Exhibition Centre in St. Petersburg, October 7-10  will host the International Specialised Offshore Exhibition and Conference 'Offshore

 
 
Maritime Contracts Maritime Standards Naval Architecture Navigation Offshore Oil Pipelines Pod Propulsion Port Authority Ship Electronics Shipbuilding / Vessel Construction
rss | archive | history | articles | privacy | terms and conditions | 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: 0.1522 sec (7 req/sec)