Maria discovery one of the largest findings in 2010

Maria discovery one of the largest findings in 2010

Wintershall Holding GmbH announces a discovery at the Maria prospect in production licence 475BS in the Norwegian Sea about 200 kilometers off the coast of Trondheim. The well proved light oil and was drilled on the Halten terrace, near the Tyrihans and Åsgard fields. The size of the discovery is estimated between 60 and 120 million barrels of recoverable resources, placing it among the largest oil discoveries in Norway in this year. Full text

Subsea Headlines

Partnership makes subsea industry history

2009.03.10 - Subsea Headlines -

Partnership makes subsea industry history

OPERATOR HESS Limited, working with flexible pipe specialist flexlife and partners AGR Field Operations, have made industry history by the successful scanning of flexible risers in situ for the first time. Hess commissioned the inspection of flexible risers on the Triton FPSO using breakthrough technology, as part of campaign to investigate and assess riser integrity on its North Sea assets. Full text

Greenhouse CO2 store at North Sea Utsira staying sealed

2009.03.05 - Subsea Headlines -

Greenhouse CO2 store at North Sea Utsira staying sealed

New seismic data from the Utsira formation in the North Sea indicate that the carbon dioxide being pumped into it is not leaking out, but is spreading through the structure as expected. More than 10 million tonnes of carbon dioxide have been injected into the Utsira sandstone formation since the autumn of 1996. Full text

Emerson makes a move to take over Roxar

2009.03.02 - Subsea Headlines -

Emerson makes a move to take over Roxar

Emerson (NYSE: EMR) today announced that its wholly owned subsidiary Aegir Norge Holding AS has reached an agreement with Roxar ASA (OSE: ROX) to launch a voluntary offer for 100 percent of Roxar’s shares. Emerson will offer NOK 5.20 (approximately $ 0.735) per share in cash, which represents approximately NOK 1,266 million (approximately $ 179 million), for the total share capital of Roxar. Full text

Plans to Develop Next Generation of Deepwater Mooring Systems and Connectors

2009.02.25 - Subsea Headlines -

Plans to Develop Next Generation of Deepwater Mooring Systems and Connectors

Subsea mooring connector specialist First Subsea Ltd and leading mooring systems company, Offspring International Ltd have announced plans to jointly develop the next generation of subsea mooring systems, designed specifically for deepwater projects. Full text

Chevron Confirms Successful Field Appraisal Program in Australia

2009.02.24 - Subsea Headlines -

Chevron Confirms Successful Field Appraisal Program in Australia

Chevron Corporation (NYSE:CVX) today announced the successful results of a seven-well exploration and appraisal program for the Wheatstone and Iago fields in northwest Australia. Following the completion and analysis of the appraisal program, the fields are estimated to hold enough natural gas resources to support a two-train Wheatstone liquefied natural gas (LNG) and domestic gas project. Full text

Petrobras and Schlumberger sign a technological cooperation agreement

2009.02.19 - Subsea Headlines -

Petrobras and Schlumberger sign a technological cooperation agreement

Petrobras and Schlumberger – a French-American technology and solutions provider for the oil and gas industry – have signed a technological cooperation agreement for pre-salt reservoir research and development. Four research projects were negotiated. Full text

Subsea 7 Named ‘Company Of The Year’ At Annual Subsea Business Awards

2009.02.13 - Subsea Headlines -

Subsea 7 Named ‘Company Of The Year’ At Annual Subsea Business Awards

Subsea 7 Inc, one of the world's leading subsea engineering and construction companies, was recognised last night for excellence throughout its business and operations when it was named ‘Subsea Company of the Year' at the 2009 Subsea UK Business Awards. Full text

Cygnus gas find may be one of the largest UK gas discoveries

2009.02.10 - Subsea Headlines -

Cygnus gas find may be one of the largest UK gas discoveries

Endeavour International Corporation today announced that the Cygnus 44/12a-3 appraisal well in the Southern Gas Basin in the North Sea has successfully extended the productive area of the Cygnus field by confirming the presence of recoverable gas reserves in a second fault block. Full text

Eni Norge AS selects Sevan Marine FPSO concept for Goliat

2009.02.02 - Subsea Headlines -

Eni Norge AS selects Sevan Marine FPSO concept for Goliat

Eni Norge has selected the Sevan 1000 FPSO as the preferred concept for the floating production platform to be installed on the Goliat field in the Barents Sea. The selection of the Sevan 1000 FPSO concept entails that Sevan Marine has been chosen as the Contractor for the Goliat Project FPSO Post Feed
Engineering Contract. Full text

Chevron announce 2009 subsea projects spending plan

2009.01.29 - Subsea Headlines -

Chevron announce 2009 subsea projects spending plan

Chevron Corporation today announced a $22.8 billion capital and exploratory spending program for 2009, unchanged from the level of expenditures in 2008. A significant portion relates to development projects that build on the company's successful and focused exploration results in recent years, including opportunities in the deepwater U.S. Gulf of Mexico, western Africa and the Gulf of Thailand. Full text

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