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oilandgaspeople.com 03/22/2019 08:10
Two recue helicopters from offshore landed at Aberdeen Royal Infirmary this morning one after the other. The first, the Coastguard helicopter was carrying one walking wounded casualty dressed in an offshore transit suit. The second, Bond1, landed moments later and had a casualty on a stretcher. It is not unusual for a two helicopters to land one after the other at ARI but on this occasion Bond1 landed on the grass and didnt wait for the coastguard to clear the helipad. @fbWidget@. Looking at Marine Traffic and Flightradar it looks like Bond1 came from the approx vicinity of the Piper platform while the origin of the coastguard helicopter is unknown. A spokesperson for the coastguard would only confirm that two routine medivacs were carried o.
oilandgaspeople.com 03/22/2019 08:00
Cumbria County Council has given the green light for a 21st century deep coal mine in Cumbria requiring around £175m of investment. To be known as Woodhouse Colliery, the new underground coking coal mine will be located on a brownfield site near Whitehaven in West Cumbria. Radical designs for surface infrastructure will minimise any potential impact from noise, dust and light. @fbWidget@. Once construction of the mine is completed and Woodhouse Colliery moves into the operational phase, the company plans to extract and process around 2.5 million tonnes of high-quality coal for use in the steel industry. Over the coming months, The West Cumbria Mining Company will continue to work with the council to finalise conditions, enabling the project
oilandgaspeople.com 03/22/2019 07:00
SDSD have secured three new term contracts for Standard Princess, Standard Supplier and Standard Provider. with well known and reputable counterparties. Large platform supply vessels (“PSV’s”), are contracted with solid utilization at increased day-rates in line with our 2019 forecast and 100% owned by SDSD. @fbWidget@. The total firm period of the contracts corresponds to approx. ~460 to 470 days, and have a combined option period of ~265days. First two are firm 185 days and Provider with firm 1 well contract (90-100 days). The utilization for the five large PSVs was 100% in February and 93 % year to date 2019 including January and February. SDSD's vessel Viking is engaged with Peterson and Supporter with Repsol. Martin Nes, Chairman of the.
oilandgaspeople.com 03/22/2019 05:00
The final weld that connects the offshore and nearshore sections of the TurkStream natural gas pipeline project has been completed, marking the finalization of the entire pipeline system in the Black Sea, South Stream Transport B.V., which has been carrying out project activities for the offshore gas pipeline, said in a statement Tuesday. The TurkStream project is an export gas pipeline consisting of two 930-kilometer lines, each with the capacity to carry 15.75 billion cubic meters of natural gas, which is planned to be fully operational by the end of 2019.
oilandgaspeople.com 03/22/2019 03:00
Around £200bn will need to be spent to add a generation of productive life to the oil and gas industry in the UK, according to a new report. Oil and Gas UK's (OGUK) Business Outlook 2019 said that exploration and production (E&P) companies would need to spend that amount to fulfil the goal of achieving a total output of at least one million barrels of oil equivalent per day (boepd) in 2035. @fbWidget@. Here's a breakdown of the funding required:. Maximise recovery from existing fields - £9bn. The report says that around £9bn is currently allocated within companies' business plans to maximise the recovery of oil and gas from existing fields within the North Sea. It stresses the need for E&P companies ensure committed investments are received to.
oilandgaspeople.com 03/21/2019 20:00
Dominic Emery, VP for strategic planning at BP, suggests sizeable chunk of firm's existing oil and gas resources could remain in the ground as it invests in new business models. BP has "dramatically" reduced its oil and gas exploration activity in recent years, and a sizeable amount of its existing fossil fuel reserves may never come out of the ground, a key figure in charge of developing the oil giant's long-term strategy has claimed. Dominic Emery, vice present for group strategic planning at BP, said the UK firm was now much more "conservative" on its exploration activities compared to seven or eight years ago, and it now had a "huge amount of flexibility for the future" informing its investments in new business models. "The amount of exp.
oilandgaspeople.com 03/21/2019 18:00
DNV GL has opened an artificial intelligence research center in Shanghai as it seeks new solutions to enhance its audit, inspection and survey services. The move recognizes China’s position as a world leader in the technology and is another important chapter in DNV GL’s relationship with the country, having first opened an office in Xiamen in 1888. The proximity to a leading AI innovation hub will allow DNV GL to collaborate with partners at the forefront of the technology. AI is considered as a general-purpose technology that will have implications on every aspect of future DNV GL operations, as well as the company’s customers and society at large. DNV GL aims to develop new solutions based on AI technology, such as computer vision (whereb.
oilandgaspeople.com 03/21/2019 07:00
Major UAE Operator recovers 8,200 feet of hole using HyPR™ HoleSaver™. Recovery achieved in just 2.5 hours avoiding the use of explosives, chemicals or any additional equipment or personnel. HyPR™ HoleSaver™ system activated twice in four weeks in the Middle East. A major UAE operator has recovered from stuck pipe by severing its drill string in just 2.5 hours, reports Churchill Drilling Tools , a global oilfield service company specialising in drilling innovation. Churchill’s HyPR™ HoleSaver™, the world’s first hydraulic pipe recovery system, was activated on a well offshore of the UAE on 16 th March after the BHA became stuck at 8,335 feet due to a pack-off in a challenging formation. The HyPR™ HoleSaver™ enables operators to recover quickly.
oilandgaspeople.com 03/21/2019 03:00
TechnipFMC Awarded a Significant Subsea Contract for the Equinor Johan Sverdrup Phase 2 Development. TechnipFMC has been awarded a significant Subsea contract by Equinor for the Johan Sverdrup Phase 2 development, located in the Norwegian sector of the North Sea at a water depth of 120 meters. @fbWidget@. The contract covers the delivery and installation of the subsea production system including integrated template structures, manifolds, tie-in and controls equipment. Arnaud Piéton, President Subsea at TechnipFMC, commented: "We have collaborated closely with Equinor establishing a Strategic Collaboration Agreement in 2018.
oilandgaspeople.com 03/21/2019 02:00
Libya boosted crude production by a third after restarting its biggest field, and its top oil official sees further gains when companies like BP Plc invest and start pumping oil in the politically divided OPEC nation. The Sharara field in southern Libya is currently pumping 260,000 bopd, and the state-run National Oil Corp. is working to raise production, NOC Chairman Mustafa Sanalla told Bloomberg Television in an interview. Sharara resumed pumping oil earlier in March after the end of a three-month occupation by armed groups. “Three weeks ago, production was around 900,000 bpd. Now we’re in the range of 1.2 MMbpd,” Sanalla said. “Unfortunately, we have many oil fields that are outdated and did not undergo any rehabilitation in a long time.
oilandgaspeople.com 03/20/2019 12:00
The Aoka Mizu FPSO arrived at the Lancaster field on 17 March 2019 and successfully hooked-up to the turret mooring system buoy on the morning of 19 March 2019. The vessel is now on station and securely moored. Work to achieve first oil continues, following which a further announcement will be made. After first oil, Hurricane anticipates a gradual ramp up of production towards its planned average plateau rate of 17,000 bopd, net of operating efficiency. @fbWidget@. The Lancaster field (100%) is Hurricane's most appraised asset, with five wells drilled by the Company to date. It has 2P reserves and 2C contingent resources of 523 million stock tank barrels of oil. The Company is currently proceeding towards the first phase of development of La.
oilandgaspeople.com 03/20/2019 10:00
CIMC Raffles and Odfjell Drilling secure drilling contract for Beacon Atlantic. CIMC Raffles and Odfjell Drilling have secured a drilling contract for Neptune Energy Norge by using the 6th generation harsh environment semisubmersible drilling unit "Beacon Atlantic". @fbWidget@. CIMC Raffles Offshore ("CIMC Raffles") and Odfjell Drilling are pleased to announce that Neptune Energy Norge, on 19 March 2019, has awarded Beacon Atlantic a 6 wells firm drilling contract with 10 optional wells on the Norwegian continental shelf.
oilandgaspeople.com 03/20/2019 09:00
Aker BP has successfully completed the Froskelår Main exploration well in licence 869 in the Alvheim area. The well has proved oil and gas. The gross resource estimate is 60-130 mmboe. A part of the discovery may straddle the UK-Norwegian border in the North Sea. The Froskelår Main well is part of a drilling campaign in the Alvheim area launched on the back of the exploration success at Frosk in 2018, and more exploration and appraisal wells will follow. @fbWidget@. Evy Glørstad-Clark, SVP Exploration in Aker BP commented:. “The exploration success at Froskelår Main is an encouraging result of a long-term strategy to unlock the exploration potential in the Alvheim area. This strategy has involved extensive data acquisition and detailed techni.
oilandgaspeople.com 03/19/2019 20:00
Heeremas "Sleipnir" is well on target to leave the yard on time and perform her first project for Noble Energy in the Mediterranean this Summer. Sleipnir went through a crane load test of 10,000 tonne, last week. .@fbWidget@. The biggest crane vessel in the world needs new test-lift barges and the associated rigging to perform its ultimate test. Her massive deck (two football fields worth) and unparalleled lifting capacity make her ideal for all offshore activity, especially decommissioning. hello.
oilandgaspeople.com 03/19/2019 20:00
Petrobras is expected to receive more than $18 billion from a mixture of government and private sources as payment for oil reserves, people familiar with the matter said, potentially resolving a dispute that has dragged on since 2013. Brazil’s government anticipates that companies seeking to join in deepwater oil projects would need to pay Petrobras more than $9 billion, said the people, who asked not to be named because the information hasn’t been made public.

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