%22Oil Spill%22 News

Court rules on Macondo oil spill amount

Jan 16, 2015

A US federal district court judge in Louisiana ruled on Thursday that BP’s Macondo well discharged 3.19 million barrels of oil into the US Gulf of Mexico. The ruling means that BP faces a maximum fine of US$13.7 billion under the US…

Damen delivers Fugro drillship winches

Jan 29, 2015

Damen Maaskant Shipyards, part of Damen Shipyards Group, has delivered two dedicated offshore winches to survey and geotechnical services firm Fugro. The Dutch shipyard was responsible for the design, engineering and manufacturing of…

Gazprom targets Baltic LNG

Jan 22, 2015

Russia’s Gazprom announced plans to build a new LNG plant on the Baltic Sea on Thursday (22 January).  The project, called Baltic LNG, will be built at Ust-Luga, in the Leningrad region, near the Gulf of Finland. It will be capable of producing 10 MPTA of LNG…

Santos completes 2D off Bangladesh

Jan 22, 2015

The Binh Minh 2 vessel completed a 3146km 2D seismic acquisition program in the Santos-operated SS-11 block, offshore Bangladesh. Block SS-11 covers an area of 4475sq km in the Bay of Bengal over the Bengal Fan. The majority of the block lies in shallow waters of up to 200m…

Shell returning to the Arctic

Jan 30, 2015

Shell has its sights set for Arctic exploration this year by spending US$1 billion, after being absent since 2012. Ben Van Beurden. From Shell.   The supermajor announced in its 4Q 2014…

Keeping a cool head in the Arctic

Feb 02, 2015

Golder Associates’ Ken Been explains the best approach to geotechnical engineering and pipeline construction when facing scours and pits in the Arctic ice. Fig. 1: Ice scouring.  Over the coming decades…

Fire out on Energy XXI GoM platform

Jan 23, 2015

The Bureau of Safety and Environmental Enforcement (BSEE) responded to an Energy XXI, GOM-operated platform that was damaged by a fire in South Timbalier (ST) Block 27 in the Gulf of Mexico. The unmanned ST 27 IA platform…

UK tax talks fast-tracked

Jan 22, 2015

UK Prime Minister David Cameron has reinforced the government’s support for the North Sea oil and gas industry at a meeting with industry representatives, hosted jointly with Treasury ministers Danny Alexander and Priti Patel. Chief Secretary…

Aker lands latest Johan Sverdrup contract

Jan 21, 2015

Statoil has continued a contract award spree on its giant Norwegian North Sea Johan Sverdrup project, awarding Aker Solutions a US$590 million detailed engineering contract.  Johan Sverdrup, which sits in on the Utsira High, 140km west of Stavanger…

Total fires up HPHT West Franklin project

Jan 15, 2015

Total has started gas and condensate production from the high-pressure, high-temperature (HPHT) West Franklin Phase 2 project in the Central Graben area of the UK North Sea. The project, tapping 85 MMboe, will supply 40,000 boe/d to the…

Edison buys Scott and Telford stakes

Jan 14, 2015

Italy's Edison is to acquire Apache Beryl I's assets in license P185 Block 15/22 in the UK Central North Sea, including non-operated stakes in the Scott (10.5%) and Telford (15.7%) fields. This deal, which is subject to customary closing conditions…

Norway remains upbeat despite activity drop

Jan 16, 2015

High costs and weaker oil prices could drive cost cuts, which, while leading to a short-term drop in activity, would strengthen Norway's petroleum industry over the long-term, according to the Norwegian Petroleum Directorate (NPD). The…

Polarcus starts Phoenix seismic campaign

Jan 13, 2015

Seismic acquisition began on the new Polarcus Capreolus 3D multi-client project over the Phoenix area in the Rosebuck basin, offshore Western Australia.  The area contains the recent Apache-operated Phoenix South-1 oil discovery…

Oil price slump hits spending

Jan 08, 2015

The world's oil and gas exploration companies are expected to cut capital expenditures 17% this year as a deep slump in crude oil prices takes a toll on budgets, according to a survey by Cowen and Company, released Wednesday. The survey…

Seplat confirms Afren approach

Jan 08, 2015

Nigeria-based Seplat Petroleum Development confirmed Afren’s “highly preliminary approach” regarding a possible merger of the two companies made on 22 December. Image from Afren.   In a statement released by Seplat…

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