The UK's Oil and Gas Authority (OGA) has awarded contracts for the second UK government funded £20 million seismic campaign to promote under-explored areas of the UK Continental Shelf (UKCS). PGS and WesternGeco have been awarded the…
UK-based small cap player Nordic has Energy has announced it is looking to wind up the company. The firm has instructed accountants Turpin Barker Armstrong to lead the insolvency proceedings. The Company listed on the ISDX Growth…
Lundin Petroleum has announced that it has entered into a committed short term revolving credit facility (RCF) of US$300 million and received additional commitments of $135 million under the reserve-based lending (RBL) facility accordion…
Ship builder Ulstein Verft has released a time lapse video showing the construction of three platform supply vessels of the X-Bow PX121 design. First ordered by Blue Ship Invest, they are currently owned by NAO (Nordic American Offshore)…
Work on a new ice-breaker which will work for Sovcomflot in the Sakhalin-2 project has started at the Arctech Helsinki shipyard with a festive keel laying. The vessel is the first of four icebreaking sister ships Sovcomflot has ordered…
GE Oil & Gas signed a framework agreement with Statoil to provide subsea operations services for the Statoil’s operated fields Tordis, Vigdis, Snorre and Troll, located northwest of Stavanger. The agreement will be effective on 1 October 2015…
GE Oil & Gas has signed a framework agreement with Norway's Statoil to provide subsea operations services for the company's operated fields Tordis, Vigdis, Snorre and Troll, located north west off the coast of Stavanger. GE Oil & Gas will run the services from their Dusavik site…
Norwegian geophysical firm TGS has appointment Kristian Johansen to a newly created role - Chief Operating Officer (COO) - effective 1 February 2015. Johansen joined TGS in 2010 as Chief Financial Officer. Before joining TGS, Johansen…
Noble Energy awarded Nordic Maritime a US$70 million, five-year contract for its DP2 IMR subsea vessel, Mokul Nordic. Mokul Nordic. From Nordic Maritime. The vessel will be performing…
Statoil will complete the drilling of the Pingvin prospect in exploration well 7319/12-1 in the Norwegian Barents Sea, says partner on the well North Energy. The well identified gas in a sandstone reservoir. The well acquired extensive data through coring…
Statoil resumed drilling operations on 10 September at the oil-bearing strata in the exploration well 7319/12-1 Pingvin after receiving permission from the Norwegian Environment Agency. The Pingvin prospect is in production license 713 in the Norwegian Barents Sea…
KrisEnergy Ltd. reported that the S.V. Nordic Bahari vessel began a 2D seismic survey in the Sakti production sharing contract (PSC) offshore East Java, Indonesia. The acquisition program, which will acquire 1200km of data, was awarded to PT…
Statoil’s executive VP of development and production discusses the importance of ONS 2014 and Statoil’s presence and projects. At ONS, Statoil called on the industry to develop a Lego-approach to bring standard parts together as building blocks for projects…
Statoil awarded Nordic Maritime a contract for its newest DP2 vessel, Mokul Nordic in the North Sea. The 30-day contract has an optional 15-day charter. Mokul Nordicis a DP2 VS470 MKIII subsea service vessel capable of ROV and inspection…
Statoil and partner RN Nordic Oil, a Rosneft subsidiary, began exploration drilling on the Pingvin prospect in production license 713 in the Norwegian Barents Sea using the Transocean Spitsbergen semisubmersible drilling rig (pictured) in 422m water depth…
