Knowledge Reservoir Realigns and Strengthens Service Offerings

Monday, February 8th, 2010

Knowledge Reservoir, a leading geosciences and engineering consulting company, today announced a realignment and strengthening of its business structure and service offering to enable the company to more aggressively pursue ...


RWE Dea to participate in two exploration licences in Norway

Wednesday, January 27th, 2010

Commitment in Norway strengthened with stakes in two licences Following the completion of the 2009 licensing round (APA), the Norwegian energy ministry awarded RWE Dea interests in two new exploration licences. ...


December Fleet update

Tuesday, January 5th, 2010

Songa Venus has achieved operating efficiency of 100% during the month. The rig is currently operating for the ADA consortium and Albers Group/Hawkstone, offshore North West Australia. Songa Mercur has achieved ...


RWE Dea strikes oil in Norway

Friday, October 16th, 2009

Completion of production testing (DST) of the Luno field discovery well 16/1-8 RWE Dea has, together with Lundin Petroleum (Operator) and Wintershall, successfully completed production testing of the Luno field discovery ...


History of the Oil and Gas / Petroleum Industry

Wednesday, October 7th, 2009

In 1911, the power of Standard Oil was such that the American congress voted the famous antitrust law aimed at breaking it up into three “bits”: Standard Oil of New ...


Knowledge Reservoir Leverages Improved Oil Recovery Expertise Across Global Projects

Monday, October 5th, 2009

 Knowledge Reservoir, a leading geosciences and engineering consulting company, today announced several new initiatives in the area of Improved Oil Recovery (IOR). Building on its reputation as the leader in deepwater ...


Crude oil for August 2009 delivery down 14 cents at $61.40 a barrel ;London Brent increased 16 cents to $63.25 ; Out of a total of 177 countries that were surveyed by a respected US group, Nigeria ranked 15th

Thursday, July 16th, 2009

Lagos State Governor, Babatunde Fashola (SAN) yesterday expressed condolence to the families of the officers and men of the Armed Forces who were victims of the recent attack on the ...


Wintershall makes oil and gas discovery in first operated well in Norway

Wednesday, July 8th, 2009

Kassel / Stavanger. Wintershall Holding AG is pleased to announce a discovery at the Grosbeak prospect in production licence 378 in the Norwegian North Sea. The well proved both oil and ...


Norwegian Sea: Production Start-up of Tyrihans Oil and Gas Field

Wednesday, July 8th, 2009

 Total announces that the Tyrihans oil and gas field in the Norwegian Sea started production. This field, in which Total owns a 23.18% interest, is the largest field to be ...


Subsea 7 Announces Contract with BP in Norway

Monday, July 6th, 2009

Subsea 7 Inc (OSE Symbol: SUB), one of the world's leading subsea engineering and construction companies, announced today that it has been awarded a contract from BP Norway, for engineering, ...


Norway: Total awarded participation interest in the license PL 535 in the Barents Sea

Thursday, June 4th, 2009

 Total announces that following the twentieth licensing round organised by the Ministry of Petroleum and Energy in Norway, its affiliate, Total E&P Norge AS, has been awarded a 40% interest ...


Aker Solutions sets up geo business in Australia

Thursday, June 4th, 2009

 Aker Solutions is expanding its subsea and subsurface service offering in Australia by establishing its geo business in the country.   The move is part of Aker Solutions' strategy to function as ...


Official opening of expanded Aagotnes subsea base

Friday, April 24th, 2009

Aker Solutions has officially opened its expanded service and maintenance base at Aagotnes outside Bergen, Norway. The expansion will enable the company to further improve its onshore and offshore service ...


OCEANTEAM ASA and ABB High Voltage AB transfer contracts

Wednesday, April 15th, 2009

Oceanteam ASA and its subsidiaries (''Oceanteam'' or ''the Company'') have on 14 April 2009 entered into a contract transfer agreement with ABB High Voltage AB (''ABB'') on the offshore power ...


Aker Solutions awarded upgrading contract for the Heidrun platform

Friday, April 3rd, 2009

StatoilHydro has awarded Aker Solutions an engineering, procurement, construction and installation (EPCI) contract at Heidrun. The object of the Heidrun Production Pipeline project is to facilitate increased gas capacity production. ...


Premier Oil , Annual Results for the year ended 31 December 2008

Wednesday, March 25th, 2009

Premier is a leading FTSE 250 independent exploration and production company with gas and oil interests in Asia, Middle East-Pakistan, the North Sea and West Africa.  Our strategy is to ...


RWE Dea records second-highest earnings in its corporate history

Tuesday, March 24th, 2009

Growth strategy being consistently implemented Good business performance in a difficult market environment Increase in investments and size of workforce “With an operating result of 494 million euros, RWE Dea recorded the second-highest ...


Wintershall wins further production licences in Norway

Wednesday, January 14th, 2009

Stavanger. Wintershall is further stepping up its crude oil and natural gas exploration activities in Norway. The former Norwegian oil and gas com-pany Revus Energy ASA, recently acquired by Wintershall, ...


PA RESOURCES MAKES OIL DISCOVERY AT DIDON NORTH

Thursday, November 27th, 2008

PA Resources has made an oil discovery at the Didon North prospect in the Zarat permit offshore Tunisia. The exploration well Didon North-1 has encountered 14 meters of oil pay ...


BG Group Interim Strategy Update

Tuesday, November 4th, 2008

Excellent exploration and appraisal results with success in eight countries so far in 2008 BG Group estimates its net share of reserves and resources in Brazil at over 3 billion boe(i) BG ...


RWE Dea continues exploration success in Norway

Thursday, October 16th, 2008

RWE Dea has had a successful 2008 drilling campaign in Norway, with discoveries at the Jordbær, Uer and Blomster prospects. The largest, the Jordbær discovery, was made in block 34/3, ...


SHARE CAPITAL INCREASE IN PA RESOURCES IN SEPTEMBER

Tuesday, October 7th, 2008

As a consequence of the exercise of outstanding employee stock options, the share capital of PA Resources has increased from SEK 72 732 002 to SEK 72 757 002 during ...


SHARE CAPITAL INCREASE IN PA RESOURCES

Tuesday, July 8th, 2008

As a consequence of en exercise of allocated employee stock options, the share capital of PA Resources has during June 2008 increased from SEK 72,507,002 to SEK 72,557,002. This is ...


COSL Announces Recommended Voluntary Cash Tender Offer to Acquire 100% of the Shares of AWO at NOK 85 per Share

Monday, July 7th, 2008

BEIJING, China, and Oslo, Norway, 7 July 2008 – China Oilfield Services Limited (“COSL”, stock code on Hong Kong Stock Exchange 2883 and stock code on Shanghai Stock Exchange 601808) ...


Noreco makes gas discovery

Wednesday, May 21st, 2008

Gas has been discovered in the first exploration well on the Galtvort prospect in Norway, where Noreco holds a 17.5% share.  Drilling on the license is still ongoing, and size ...


Petrofac Expands in Norway

Saturday, May 17th, 2008

Petrofac, the international oil & gas service facilities provider, is expanding its focus in Norway with the group’s Facilities Management business opening an office in Stavanger. Thomas Knutsen has been appointed ...


SeaBird first contract award for SeaBed operations

Monday, April 28th, 2008

SeaBird has received a letter of award from Total E&P Angola ("Total") for an ocean bottom nodes seismic acquisition survey in Angola. The concessionaire of Block 17 is Sonangol. TotalFinaElf ...


Eni announces new hydrocarbon discovery in the Norwegian North Sea

Thursday, April 24th, 2008

The well is located in the offshore licence PL293, at a water depth of 373 metres in the Norwegian North Sea, some 165 km West of Bergen. San Donato Milanese (Milan), ...


Aker Solutions’ drilling rig hull sails away from Dubai to Stord in Norway

Wednesday, April 16th, 2008

16 April 2008 - The hull substructure for the world's most advanced drilling rig Aker H-6e has started on its 50 days journey from Dubai to Stord in Norway.  Weighing ...


DK Group Netherlands: IMO ‘Grossly Underestimating’ Future Shipping Emissions

Tuesday, April 8th, 2008

LONDON--(BUSINESS WIRE)--The International Maritime Organization (IMO) is 'grossly underestimating' growth in future CO2 emissions from ships and should make measures to reduce shipping's carbon footprint mandatory, according to a marine ...


LUNDIN NORWAY SIGNS RIG CONTRACT FOR UNIT TRANSOCEAN WINNER

Monday, March 17th, 2008

Lundin Norway AS a wholly owned subsidiary of Lundin Petroleum AB ("Lundin Petroleum"), in partnership with Marathon Petroleum Company (Norway) AS ("Marathon"), a wholly owned subsidiary of Marathon Oil Corporation ...


Noreco - Brage well tested more than 17 000 barrels per day

Monday, February 25th, 2008

Stavanger, 25 February, 2008: Norwegian Energy Company ASA (Noreco, OSE:NOR), The operator StatoilHydro has successfully completed a well on the North flank of the Brage field in Norway. The well ...


New Maersk Oil Exploration Licences in Norway

Tuesday, February 12th, 2008

Maersk Oil in Norway has been preliminarily awarded 2 new exploration licences – PL472 (Blocks 6406/2 & 6406/3) and PL474 (Blocks 6406/1 & 6406/2) - see map. Wintershall is operator in ...


Eni successfully completes drilling of Marulk well offshore Norway

Tuesday, January 29th, 2008

Eni estimates to recover between 80 and 120 million boe from the Marulk discovery San Donato Milanese (Milan), 29 January 2008 - Eni has successfully completed drilling of the exploration well ...