EMGS Reports $1.6m Multi-client Sales
Electromagnetic Geoservices (EMGS) reported multi-client sales from Barents Sea and Norwegian Sea Marine controlled-source electromagnetic (CSEM) data provider EMGS informs it has entered into two new data licensing agreements with two oil companies for the provision of 3D EM data from EMGS's multi-client data library over the Barents Sea and the Norwegian Sea worth $1.6 million. The multi-client revenues, which are a combination of prefunding and late sales, will be booked in the third quarter of 2015.
Norwegian Sea: Carbon Dioxide Dumping Ground?
The Norwegian Sea could be a safe dumping ground for carbon dioxide (CO2), a gas blamed for global warming, Norway's Nansen Environmental and Remote Sensing Center said. The center has proposed a research project where liquid CO2 would be pumped directly from offshore oil and gas fields to the deep waters of the Norwegian Sea to see if it could be stored there safely. The project will ascertain whether CO2 pumped 800 m down into the Norwegian Sea will dissolve and spread to the Atlantic Ocean before eventually being neutralized by ocean bed sediments. "The oceans already absorb carbon dioxide from the atmosphere, but this can take up to a thousand years," Helge Drange, research leader at the center, said.
Ulstein Donates $3.4 Million for SAR Vesel
Ulstein Group announced that it will donate approximately $3.4 million to Norwegian Sea Rescue (Redningsselskapet) to fund 60% of the cost of a high-speed search and rescue (SAR) boat. The 20- meter SAR craft - to be delivered in 2015 - will be named RS Idar Ulstein in memory of Ulstein’s long-time CEO and Chairman of the Board who passed away in 2012. Once in service, the RS Ida Ulstein will play a role in ensuring the safety of seafarers and recreational users of Norway’s coastal waters as they become increasingly busy year-on-year.
StratoilHydro Seeks New Opportunities
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. “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. StatoilHydro has made many discoveries, but the size of the finds is still limited. “Access to acreage which may form the basis of new independent developments is therefore particularly important. StatoilHydro has met all its fixed drilling commitments from the 19th licensing round awarded in the spring of 2006…
StatoilHydro - New Exploration Licenses
StatoilHydro was offered interests in seven production licenses on the Norwegian continental shelf (NCS) in the Awards of Predefined Areas 2008 (APA 2008). The company will be operator of four of the licenses. “We are pleased with the award, which gives us important new exploration acreage close to the existing infrastructure we are operating on the NCS, ” says Tove Stuhr Sjøblom, senior vice president for explorations on the NCS. The Norwegian government discussed the proposal for awards in the APA 2008 on 18 December.
Statoil Gets Norwegian Continental Shelf Licenses
Statoil has been awarded shares in eight exploration licenses on the Norwegian continental shelf. The company is operator on six of them. The award, which comprises 38 production licenses, is split between 25 for the North Sea, ten for the Norwegian Sea and three for the Barents Sea. Statoil has been awarded shares in six North Sea licenses and two Norwegian Sea licenses. The company did not apply for shares in the Barents Sea this time. Statoil has had record-high exploration activity during the past two years. Most of the wells have been near-field, where discoveries can be brought on stream quickly.
EMGS Receives New contract From Tullow Oil
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.
Saipem Rig Caught Fire off Norway, No Injuries Reported -Statoil
A fire broke out in an engine room on Saipem's Scarabeo 5 drilling rig in the Norwegian Sea on Tuesday, Norwegian oil company Statoil said in a statement. All 106 crew were accounted for, and there were no reports of injuries, Statoil said. "We have reports that no flames are visible, but there is smoke," a Statoil spokeswoman said, adding that efforts to extinguish the fire were still ongoing. "33 crew have been moved onshore or to nearby installations," she said. The rig was working for Statoil on the Njord field in the Norwegian Sea when the fire broke out. "No drilling operations were underway at the time of the incident. There are no other installations on the Njord field at the present time," Statoil said in its statement.
Statoil Moving Forward on Luva Field
Luva may herald start of deep-water development in Norwegian Sea. Statoil, together with its Luva field partners, has selected a Spar platform to develop the field. As a gas transport solution has also been decided, a major step has now been taken towards deep-water production in the Norwegian Sea. The Luva field, which is a deep-water pioneer in the Norwegian Sea, may be the first to have a Spar platform on the Norwegian continental shelf (NCS). The field is located outside of existing infrastructure and has a water depth of 1300 metres.
EMGS - New Contract In 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. EMGS supports each stage in the workflow, from survey design and data acquisition to processing and interpretation. The company's services enable the integration of EM data with seismic and other geophysical and geological information to give explorationists a clearer and more complete understanding of the subsurface.
New opportunities in the Barents Sea
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. “I’d particularly highlight the operatorship/acreage in the Hoop area.
Deepwater Gas Discovery
Gas has been found by StatoilHydro in the Asterix prospect, which lies in 1,360 metres of water 345 kilometres west of Sandnessjøen in the Norwegian Sea. Preliminary estimates put the proven recoverable volume, which is located 80 kilometres west of the Luva gas discovery, at about 16 billion cubic metres (100 million barrels of oil equivalent). “This represents one of the bigger discoveries off Norway in recent years, and we’re very pleased with the result,” said Tove Stuhr Sjøblom, StatoilHydro’s head of Norwegian exploration. The resources are located in Upper Cretaceous reservoir rocks. No formation test was carried out, but extensive data gathering and coring took place in the reservoir.
Shell Sells some Norwegian Assets
A/S Norske Shell announced that the company has entered into an agreement with E.ON Ruhrgas Norge AS to sell its 28% equity interests in the undeveloped Skarv and Idun fields for US$ 893 million. The agreement covers the licenses PL-159, PL-212, PL-212B and PL-262 in the Norwegian Sea. David Loughman, Managing Director A/S Norske Shell, said: "We remain fully committed to Norway and continue to consider this to be a key area of growth within our European business. We are currently making major investments on the Norwegian Continental Shelf. The Ormen Lange development, where Shell assumes operatorship in November 2007, is very important in our growth strategy.
Halliburton Bags Maria Project Service Contract from Wintershall
Wintershall Norge AS has awarded a four-year service contract to Halliburton Norge AS to support its Maria Projects in the Norwegian Sea. The contract is effective immediately and will be used for drilling-associated services on Wintershall’s Maria development in the Norwegian Sea. The agreement, which contains incentives for efficient well deliveries, can also be used for other Wintershall activities. “At an uncertain time for the industry, this contract provides a timely boost…
Extreme Weather Likely to Cause Delays in the North Sea
Some voyages are expected to be delayed in the North Sea waters as a very intense low is expected in the South Norwegian Sea on December 5 and is moving E-ward over Scandinavia on December 6. It will cause severe weather conditions in the North Sea with STORM and HIGH to VERY HIGH SEA December 5-7. Strongest wind and sea on late December 5-early December 6 with 50-80kts and sign sea up to 11m, from December 7 slowly improving conditions. gac.com
Arctic Ocean – Russia, Norway Hold Joint Naval Exercises
according to a Russian Northern Fleet spokesman. The Norwegian frigate Fritdjof Nansen moored in the Barents Sea port of Severomorsk, the home base for the Russian Northern Fleet, earlier this week as its crew took part in Victory Day celebrations in the nearby port of Murmansk and joined a military parade with some 700 Russian soldiers and officers. Russia and Norway have carried out the annual Pomor naval drills since 2010 to practice interoperability in the environmentally fragile Arctic area. The exercises include firing of live artillery rounds at simulated surface and aerial targets, anti-submarine warfare drills, anti-piracy operations, and search-and-rescue missions.
Norway: EMGS in 3D EM Data Sale
Electromagnetic Geoservices ASA (EMGS) has entered into a data licensing agreement with an oil company for the provision of 3D EM data from the multi-client data library over the Norwegian Sea and the Barents Sea. The company did not reveal the name of the client, however, it stated that the deal is worth a total of USD 4.0 million.
Polish Oilfirm Goes Arctic
Polish energy company Polskie Gornictwo Naftowe i Gazownictwo (PGNiG) will compete with Russian companies Rosneft and Lukoil, as well as a number of other companies, for Norwegian Arctic licenses. If successful, PGNiG could potentially get license stakes in projects located directly along the maritime border to Russia. PGNiG opened an office in northern Norway and buys license shares in Norwegian Arctic projects. The company has now taken over Danish company Dong’s offices in the northern Norwegian town of Tromsø and prepares for exploration in Arctic waters.
Statoil: Polarled Pipe-Laying Kicks Off
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, Shell is responsible for preparing the Nyhamna processing plant for gas reception. “I am pleased to note that the pipeline is now connected to the Nyhamna processing plant.
Power Below the Waves: ABB Subsea Transformers
ABB has delivered subsea transformers for fields in the North & Norwegian seas & the Gulf of Mexico for operation at depths of up to 2,000 m. Subsea transformers are an ABB innovation. Deployed in extreme conditions in ultra-deepwater, these high-tech workhorses provide the power for heavy-duty equipment on the sea floor - enabling declining oil and gas fields to be more productive and making new deepwater fields accessible. ABB delivered the world’s first commercial subsea transformers…
Helix Wins Pipelay Contract
Helix Energy Solutions announced that it has been awarded a contract by BP Norge for the lay of a gas export pipeline for the Skarv Idun development project, in the Norwegian Sea. This 80 kilometer, 26-in. coated pipeline will be installed by the pipe lay vessel Caesar in the summer of 2009.
Aker Kvaerner Tapped for Skarv FPSO Job
BP has chosen Aker Kvaerner to perform the detail engineering, procurement and construction management assistance (EPcma) for the Skarv field development in the Norwegian Sea. Since November 2005, Aker Kvaerner has been involved with the project, performing the front end engineering design of the complete production ship (FPSO) and intermediate engineering of the topsides. The new EPcma contract covers detail engineering and procurement work for the 16.000 ton FPSO topsides as well as construction management assistance to BP. On peak, the project will engage over 400 people from Aker Kvaerner. The production start for the field is scheduled for August 2011. The Skarv oil and gas field was discovered in 1998, and it has taken close to 10 years to mature the field to its current stage.
EMGS - Agreement with Statoil for the Norwegian Sea
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.