GAC Norway AS and Polar Logistics Group APS (POLOG) have partnered to strengthen GAC’s network within the Arctic Circle. The move is the latest stage in the company’s strategy to better serve the Arctic region by bringing together organizations…
Unasys, the North East England-based technology and project management provider to the energy and construction sectors, has signed a four million dollar contract with Technip US for Statoil’s Aasta Hansteen platform. As well as ePM, the Unasys project management CMS system…
The Skarv FPSO is BP’s first Norwegian greenfield project since 2001. Elaine Maslin explains the details. Sitting just 50km from the Arctic Circle in 350-450m of harsh waters, the Skarv FPSO is a milestone for BP. It is the firm’s first…
For many years it’s been clear demand is rising – and that trend has stayed consistent – but there has been a lot of change in where the supply is coming from. BP estimates that global energy demand is likely to grow by more than a third between now and 2030…
Susan Murray, deputy vice president, Pacific, Oceana Given the disastrous attempt to drill exploration wells in the Arctic Ocean in 2012, the new Secretary should suspend all activities on Arctic Ocean leases and undertake a thorough…
Bremerhaven, 15 February 2013. Current measurements of the ESA ice thickness satellite CryoSat-2 have shown that the total mass of the Arctic sea ice was 36% smaller last autumn than during the same period in the years 2003 to 2008. Five years ago…
Faroe Petroleum has won acreage in the Dreiki area on the Icelandic Continental Shelf. Faroe will operate seven license blocks south of the Jan Mayen Ridge inside the Arctic Circle northeast of Iceland. Faroe will hold 67.5% interest in blocks IS6708/8…
Gazprom Geologorazvedka and Schlumberger Russia and Central Asia (RCA) today signed a technology cooperation framework agreement under the chairmanship of Vsevolod Cherepanov, member of the management committee, head of the Gas, Gas Condensate and Oil Production Department…
DNV and Norway’s Fridtjof Nansen Institute released a joint study during ONS calling for improved technology, better spill response preparation and greater co-operation among stakeholders in order to safely develop Arctic resources. The study…
Statoil will launch a drilling campaign in the Norwegian Barents Sea before the end of the year with four exploration wells in the Skrugard area, the company announced at this year’s Offshore Northern Seas (ONS) conference in Stavanger. But its Arctic ambitions go much farther…
In a world where two things are certain – death and taxes – Arctic exploration does offer a certain amount of certainty: just a little bit of information can completely alter the way the industry views a specific Arctic area. Industry leaders…
With 2011 drawing to a close, it's time for OE to look afresh at the world's emerging hot spots. One of those generating the most interest, if not the most dollars yet, is also the coldest: the Arctic. Jennifer Pallanich asks a cross-section…
Three Alaskan Beaufort Sea developments – BP Exploration (Alaska)'s Northstar, Pioneer --Natural Resources' Oooguruk and now Eni Petroleum's Nikaitchuq – have helped establish baseline experience for future arctic frontier pipelines. As well as demonstrating technical strides…
During the Cold War, leaders recognized that a robust energy supply was a sign of power, economic strength and prosperity. But now, two decades on, there appears to be an unquestionable sign of ‘change’ – and it’s not necessarily change for the better for the US…
Offshore Arctic seismic exploration is not getting quite such a cold reception these days. Andrew McBarnet explains why.Frozen assets take on a whole new meaning when it comes to considering the purportedly huge oil and gas reserves in the Arctic Ocean region…
