Energy News


Lundin gets Barents Sea consent

Nov 13, 2015

Image from Lundin Petroleum. Lundin Norway, as operator for production license 708, has received consent to drill exploration well 7130/4-1 in the Barents Sea. Drilling is scheduled to begin in November 2015 and estimated to last 56 days…

Lundin spuds Lorry prospect

Nov 13, 2015

Lundin Norway has commenced drilling of exploration well 6407/10-4 on the Lorry prospect, in the Norwegian Sea.   Image from Lundin Petroleum. Well 6407/10-4 will explore the Lorry prospect in PL700…

Polarcus completes Capreolus 3D

Nov 13, 2015

The Capreolus 3D multi-client project, the largest single 3D seismic survey ever acquired offshore Australia was recently completed by Polarcus ahead of schedule after a successful 11 month acquisition campaign.  This basin-wide broadband…

Nabirm, NAMCOR complete Namibia 2D

Nov 11, 2015

Nabirm announced that in conjunction with its partner, NAMCOR (10%) that it has concluded the interpretation of a 2D seismic survey on Block 2113A located in the Walvis basin, offshore Namibia, by US-based ION Geophysics. The license…

API elects two new members

Nov 11, 2015

Ryan Lance, ConocoPhillips chairman and CEO has been elected chairman of API’s board of directors effective 1 January, 2016. Greg Garland, Phillips 66 chairman and CEO, has been elected chair of the finance committee. Lance is a petroleum…

Ophir inks Fortuna FLNG project

Nov 11, 2015

Ophir Energy announced that it has finalized commercial terms and is in the process of signing heads of agreement (HoAs) for LNG offtake from the Fortuna FLNG Project with a shortlisted group of counterparties, all of which are globally established LNG Buyers…

No pay at Sea Lion-1

Nov 10, 2015

3D Oil announced that wireline evaluation and sampling of formation fluids over zones of interest identified on preliminary Sea Lion-1 data have been completed. This work has confirmed that no zones of commercial hydrocarbons were encountered in the Sea Lion-1 well…

Ceragon, Statoil sign communications agreement

Nov 10, 2015

Ceragon Networks announced that Statoil, has formally awarded Ceragon Networks a five-year frame agreement, with an option to extend for five consecutive two-year periods. Most recently, Statoil has placed orders for Ceragon's IP-20 platform…

Atwood, Noble Energy extend rig contract

Nov 10, 2015

Atwood Oceanics announced that one of its subsidiaries agreed to an extension and rate adjustment to its existing contract with Noble Energy for the ultra deepwater rig, the Atwood Advantage, effective 9 November, 2015.  The agreement…

Ziebel gets new CEO

Nov 10, 2015

Image: Francis Neill/Ziebel Ziebel, a provider in composite rod well intervention for the oil and gas industry, announced that Francis Neill has been appointed to the position of chief executive officer…

Northern Offshore appoints new CFO

Nov 10, 2015

Image: R. Bradley Forth/ Northern Offshore Northern Offshore announced that R. Bradley Forth has joined the company as senior vice president and chief financial officer. “[Forth] will…

Ashtead secures glider agreement

Nov 06, 2015

Image from Ashtead Technology. Ashtead Technology has secured a global asset management agreement with Blue Ocean Monitoring to store, maintain and supply underwater gliders for ocean data monitoring…

Edvard Grieg gets pipelines approval

Nov 06, 2015

The Norwegian Petroleum Directorate has granted start-up consents for the Edvard Grieg oil pipeline and the Utsira High gas pipeline. These transport solutions will become part of the development of the Edvard Grieg and Ivar Aasen fields on the Utsira High in the North Sea…

OGA appoints three directors

Nov 04, 2015

Image from Oil and Gas Authority. Patrick Brown, chairman of the Oil and Gas Authority (OGA), has confirmed the appointment of three non-executive directors to the OGA board. Mary Hardy…

Baker Hughes introduces new asphaltene inhibitor

Nov 04, 2015

Image from Baker Hughes. Baker Hughes announced the commercial release of FATHOM XT SUBSEA525 inhibitor that helps control asphaltene deposition in deepwater wells. The…

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