EMGS launches EDDA, a joint industry 3D EM project

EMGS launches EDDA, a joint industry 3D EM project

Electromagnetic Geoservices ASA (EMGS) is pleased to announce that it has received industry funding for a joint project to accelerate the use of 3D EM data in exploration and production. The EDDA project involves acquiring state-of-the-art 3D EM data over known fields on the Norwegian Continental Shelf. Full text

Industry

Schlumberger open subsea well control center in Aberdeen

2008.11.26 - Industry -

Schlumberger open subsea well control center in Aberdeen

Schlumberger today officially opened a new facility for subsea well control to address the growing deepwater market. The facility, named the Well Control Centre of Excellence, is located at the Testing Services base outside of Aberdeen. Full text

Express Engineering expanding fast

2008.11.21 - Industry -

Express Engineering expanding fast

A thriving North East engineering company is creating 40 new jobs as part of an ambitious £3.2 million expansion plan. With its existing 40,000 square foot Team Valley site already operating to capacity, Express Engineering has taken on an additional 18,000 square feet of manufacturing floor space. Full text

Lundin awarded 6 exploration licences in UK

2008.11.14 - Industry -

Lundin awarded 6 exploration licences in UK

Lundin Petroleum today announce that in the United Kingdom's 25th Licensing Round it was awarded six exploration licences of which five are operated licences. The licence interest ranges from 25 percent to 100 percent. Full text

Where now for Oilfield Services? The Impact of Turmoil in the Credit Markets

2008.11.03 - Industry -

Where now for Oilfield Services? The Impact of Turmoil in the Credit Markets

With increasingly frequent mention of recession and credit markets shutting up shop it was inevitable that oil prices would turn south. At present, oil markets are focused solely on demand and playing a waiting game to see how the situation unfolds with respect to economies that have driven recent demand growth such as China. Full text

Game Changing Technology Hot Focus At Subsea Europe

2008.10.29 - Industry -

Game Changing Technology Hot Focus At Subsea Europe

Retaining the UK’s position at the cutting edge of the subsea industry will be a key focus of a pioneering subsea industry event taking place in London tomorrow. The cash saving benefits technological developments can bring to the subsea sector as well as the challenges it currently faces will be hot topics of debate during the one-day event, hosted by Subsea UK. Full text

StatoilHydro to strengthen its venture activity

2008.10.21 - Industry -

StatoilHydro to strengthen its venture activity

StatoilHydro has assigned the management of its technology corporate venture activities to a special purpose company, Energy Capital Management AS. The new management company will immediately start the process of bringing in investors, establishing a fund for future investments (Fund II), aiming for a StatoilHydro ownership of some 25-40 per cent. Full text

NPD enters reservoir geological framework agreement with AGR

2008.10.20 - Industry -

NPD enters reservoir geological framework agreement with AGR

The NPD has entered into a framework agreement with AGR Petroleum Services to provide geological and technical studies. AGR Petroleum Services will assist the NPD in its work to follow up plans for development and operation of reservoirs. Full text

Pardigm Open New Training and Technical Briefing Facility in Aberdeen

2008.10.17 - Industry -

Pardigm Open New Training and Technical Briefing Facility in Aberdeen

Paradigm announced today the scheduled opening of its new training facility in Aberdeen, Scotland. This full-time training facility offers state-of-the-art high-performance workstations running Linux and Windows operating systems, complete with twin, 24” flat screen monitors that maximize learning Paradigm’s multi-canvas workflow-based software. Full text

Helix Well Ops new world depth record for subsea wireline intervention

2008.10.16 - Industry -

Helix Well Ops new world depth record for subsea wireline intervention

Helix Well Ops said today that its Well Ops Asia Pacific team based in Perth, Western Australia recently set a new world depth record for subsea wireline intervention from a monohull vessel by retrieving tubing hanger plugs from two subsea wells located approximately 25 m (82 ft) apart in 392 m (1,286 ft) of water. Full text

Exploration of New Zealand's subsea offshore blocks 5 years away

2008.10.09 - Industry -

Exploration of New Zealand's subsea offshore blocks 5 years away

New Zealand’s rights over the Continental Shelf sea floor around its coast have been officially extended by 1.7 million sq km or 42% greater than covered by the 200 nautical mile-wide EEZ area. Crown Minerals is to begin work to understand these basins to announce blocks offers for exploration within the next five years. Full text

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