Gazprom Neft, the fourth largest oil producer in Russia and the subsidiary of Gazprom, may consider the possibility of suspension of implementation of several projects on the Russian shelf, due to sanctions, imposed on Russia. Alexander Dyukov…
IHC Engineer Business’ Hi-Traq trenching system, launched in May. Photos from Royal IHC. Elaine Maslin spoke to Bram Roelse, the CEO at Royal IHC—the new name for Dutch firm IHC Merwede. Last…
Industrija nafte (INA), d.d. and Edison International have finally launched production on the North Adriatic Izabela gas field project, 60km off Pula, Croatia. Total gas reserves are estimated at about 1.4 billion cu m (8.5MMboe), with production expected at about 280 million cu m/y (4…
The Ministry of Construction, Housing and Utilities of the Russian Federation has granted a construction permit to Amsterdam’s South Stream Transport for the South Stream gas pipeline. The pipeline will originate in Russia, pass under the Black Sea…
Hungary’s MOL Group is eyeing North Sea operatorship and has deep enough pockets to do it. Elaine Maslin spoke to exploration director Alex Dodds (pictured). Hungary’s MOL Group is aiming to double its production within at least five years and then double it again after that…
There can be no doubt that the UK North Sea will remain an important region for oil and gas for years to come. Most of its fields are expected to remain economically viable until 2020 at the earliest, and high oil prices have given a boost…
Shell quits Alaska: Royal Dutch Shell will discontinue its 2014 plans for drilling offshore Alaska. Shell’s U-turn on Alaskan drilling follows a profit warning and a court judgment, raising “substantial obstacles” to the company’s plans for drilling in the Chukchi Sea…
Croatia’s government is planning to publish tenders for oil and gas exploration in the central and southern Adriatic Sea in Q2 this year. The announcement followed the completion of a 2D multiclient seismic acquisition survey offshore…
Ghohta discovery Lundin Petroleum made an oil discovery on the Ghohta prospect in exploration licence PL492 in the Barents Sea. The well, 7120/1-3, 35km northwest of Snøhvit field, found a 75m oil column in Permian carbonates. Statoil…
Jumbo shares this footage from the launch of its new K3000 vessels at Brodosplit Shipyard in Croatia. The vessels have large, unobstructed hold and flush decks and are certified 1A Finnish Swedish Ice Class, for operations in Arctic areas…
Heavy lifting, transport and installation firm Jumbo has launched its new K3000 class vessels with the launch of the Jumbo Kinetic from the Brodosplit shipyard in Split, Croatia. The vessels have a large, unobstructed hold and flush decks and are certified 1A Finnish Swedish Ice Class…
New vessels, acquisitions, and expertise are driving Dutch growth. Elaine Maslin reports. The Dutch offshore sector is leveraging its engineering and seafaring traditions to grow its presence in the global oil and gas industry. The…
Earlier this month, the Ministry of Economy of Montenegro published an official announcement inviting oil and gas companies to apply for the licensing round that will remain open for tenders from August 7, 2013 until the February 28, 2014…
The Jan De Nul Group has ordered a new vessel at the Uljanik Shipyard in Pula, Croatia. The vessel, which will be 138m-long with a deadweight of 10,500-tonne, will be a multipurpose vessel, able to carry out trenching and offshore support…
Norway-based multi-client seismic services firm Spectrum is to acquire 2D seismic offshore Croatia ahead of the country’s latest licensing round. Spectrum will acquire the seismic data using Cyprus-based Seabird Exploration. Seabird will acquire about 12…
