Mol Group News

 

Getting heavy

Sep 01, 2017

Elaine Maslin surveys some of the heavy oil field developments in the UK Continental Shelf, plus some of the technology aimed at unlocking it. The Pilot area. Image from The Steam Oil Co. Heavy…

56 new licenses offered on NCS

Jan 17, 2017

Offers for 56 new production licenses on the Norwegian continental shelf are being made to 29 companies, 17 of which are operators.  The offers are being made after 33 companies applied in the Norwegian Petroleum Directorate's (NPD) the Awards in Predefined Areas (APA) 2016…

Hyperdynamics targets "vast" Guinea potential

Sep 23, 2016

Hyperdynamics Corp. says it is set to target Guinea's 'vast and largely untested hydrocarbon potential' after having its production sharing contract (PSC) offshore Guinea extended.  The company is obligated to drill one exploratory well with a projected commencement date of April 2017…

Det norske to drill Rovarkula

Jun 17, 2016

Norway's Det norske, which is due to become Aker BP, is set to drill an exploration on the Rovarkula prospect in the Norwegian sector of the central North Sea. The 25/10-15 S wildcat well will be drilled from the Maersk Interceptor jackup…

Optimarin for Edda Fides

Feb 15, 2016

Optimarin has won a contract to install its Optimarin Ballast System (OBS) on Østensjø Rederi’s Edda Fides, the world’s only purpose built monohull accommodation vessel. The Norwegian ballast water treatment (BWT) specialist secured the…

Appetite for exploration, despite oil price

Jan 19, 2016

Norway's latest awards in predefined areas (APA) round was announced today, with some 56 licenses offered to oil firms. Duncan John, Partner at consultancy StrategicFit, offers his views. This APA round has shown that appetite for exploration in Norway has been resilient to low oil prices…

First oil from TAQA's Cladhan

Dec 29, 2015

Abu Dhabi National Energy Company PJSC (TAQA) announced first oil from the new Cladhan field development in the UK North Sea on 29 December. The field was developed as a subsea tieback to the TAQA-operated Tern Alpha platform. Peter Jones…

Sewing seeds

Dec 01, 2015

We’re in tough times, but that also means there’s an opportunity to seek new solutions, according to Proserv’s David Lamont. Elaine Maslin went to hear the CEO’s views. Lamont. In 1982…

Bestobell Marine secures order for second Yamal vessel

Oct 26, 2015

Bestobell Marine, a manufacturer of cryogenic valves, has secured an order for its cryogenic globe and check valves for the second LNG carrier in the Yamal series of vessels being built at DSME shipyard in South Korea.  After successfully…

ClassNK starts CBM system verification testing

Oct 08, 2015

Classification society ClassNK has commenced verification tests of its condition-based monitoring (CBM) system ClassNK CMAXS e-GICSX for Mitsui’s MAN B&W engines. The system is being jointly developed by ClassNK, Mitsui Engineering & Shipbuilding Co…

MOL selects five supply chain partners

Aug 27, 2015

Five companies have been named as new North Sea player MOL Energy's collaborative partners, as part of an alternative approach to supply chain management championed by the firm's UK managing director. MOL says that after putting into…

MOL Group completes Norway deal

Jul 09, 2015

Hungarian exploration outfit MOL Group has completed a deal with UK independent Ithaca Energy, giving it its first step into the Norwegian offshore sector. MOL has bought Ithaca's Norwegian subsidiary, which has stakes in 14 licenses…

Oil & Gas UK appoints new board members

May 12, 2015

Oil & Gas UK announced a number of appointments of member company representatives to its board.

 In addition to the new members joining the board, existing board member Neil McCulloch, president North Sea, of Enquest, is named as the new vice chair representative for the operator community…

Tracking floating production in Mexico

May 01, 2015

Bruce Crager profiles some of the floating production vessels already being used offshore Mexico, and highlights what is yet to come. FPSO Yùum K’ak’Náab is currently operating in the KMZ oilfield in the Bay of Campeche…

MOL takes first Norwegian steps

Apr 24, 2015

Hungarian exploration outfit MOL Group has made its first step into the Norwegian offshore sector, purchasing the Norwegian assets of UK-based North Sea exploration and production firm Ithaca Energy.  Ithaca will sell its Norwegian assets…

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