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Equinor and partners log Barents Sea discovery

10 hours ago DieselGasoil Comments Off on Equinor and partners log Barents Sea discovery
8/20/2019 OSLO – Equinor and partners OMV and Petoro have made an oil discovery in the Sputnik exploration well in the Barents Sea. Recoverable resources are preliminarily estimated at 20-65 MMboe. The Sputnik well was drilled in license PL855, approximately 30 kilometers North East of the Wisting discovery. The well encountered a 15-meter oil column Read More

Norwegian Petroleum Directorate reports high activity in the first six months of the year

1 month ago DieselGasoil Comments Off on Norwegian Petroleum Directorate reports high activity in the first six months of the year
7/14/2019 STAVANGER — Production on the Norwegian shelf is holding steady at a high level. Many projects are in the development or planning phases. Many exploration wells are being drilled. There have been few discoveries in the first half of the year. Total petroleum production in the first half of 2019 is about 109,6 million Read More

EMGS: Vessel update and activity for the second quarter 2019

2 months ago DieselGasoil Comments Off on EMGS: Vessel update and activity for the second quarter 2019
Electromagnetic Geoservices ASA (the “Company” or “EMGS”) releases information on vessel activity and utilisation 4-5 working days after the close of each quarter. The Company defines vessel utilisation as the percentage of the vessel charter period spent on proprietary or multi-client data acquisition. Downtime (technical or maritime), mobilisation, steaming, and some standby activities are not Read More

14 Russian sailors killed after fire on ‘secret nuclear-powered sub’

2 months ago DieselGasoil Comments Off on 14 Russian sailors killed after fire on ‘secret nuclear-powered sub’
Fourteen sailors have died after a fire broke out on one of Russia’s deep-sea submersibles. The defence ministry said the fire was extinguished due to the “self-sacrifice” of the crew, but did not give any cause of the blaze – or reveal if there were any survivors. It said the incident happened while the unnamed Read More

Russian sub fire: 14 die in act of ‘self-sacrifice’ to put out blaze

2 months ago DieselGasoil Comments Off on Russian sub fire: 14 die in act of ‘self-sacrifice’ to put out blaze
Fourteen sailors have been killed after a fire broke out on a Russian submarine. Russia’s defence ministry said the blaze erupted on Monday while the vessel was performing tests. The ministry said in a statement that the fire was extinguished thanks to the crew’s “self-sacrifice”. It added that the submersible was now at the Arctic Read More

Equinor takes over risky Arctic oil project from OMV

2 months ago DieselGasoil Comments Off on Equinor takes over risky Arctic oil project from OMV
Highlights Location, geology a stretch for Norway Industry under pressure over Goliat failings Wisting may fill project gap after Castberg London — Norway’s state-controlled Equinor has signed an agreement with OMV to take over development of the Austrian company’s challenging Wisting oil discovery in the Arctic, as the industry faces pressure over a previous botched Read More