Category: Offshore

Bids to boost offshore royalty sharing could move next year

A change in the leadership of the Senate Energy and Natural Resources Committee could give coastal states their best chance in years of winning a greater share of federal revenues for energy produced near their shores. Sen. Lisa Murkowski, R-Alaska, could advance a new plan next year.  More »

UK approves Western Isles oil development

Britain’s government has approved the development plan for Dana Petroleum’s Western Isles project in the UK northern North Sea.  More »

Relief confirmed for UK offshore decommissioning

Oil & Gas UK has welcomed the UK Treasury’s publication of details of the Decommissioning Relief Deed.  More »

PGS starts seismic sweep south of Falklands

The PGS M/V Ramform Sterling has started a 3D seismic survey for Noble Energy offshore the Falkland Islands.  More »

Dutch offshore oil field set for life extension

Reservoir engineering specialist Oilgen has completed a reservoir-modeling project on the Rijn oil field in the Dutch North Sea for operator TAQA Energy Holland.  More »

Partnership to widen exploration offshore Turkey

Polarcus is discussing a long-term collaboration with Turkish Petroleum Corp. (TPAO) on services.  More »

Maersk targets gas in Albert well offshore Norway

The semisubmersible Transocean Barents has started to drill the Albert prospect in production license PL 513 in the Haltenbanken area of the Norwegian Sea.  More »

TGS to charter Sanco Swift for 3D seismic program offshore Europe

TGS (Oslo:TGS) has signed a letter of intent with Dolphin Geophysical AS to charter the newbuild 16-streamer M/V Sanco Swift for use this coming summer on a multi-client 3D project in European waters.  More »

Lawsuit to challenge U.S. plans for selling offshore leases

Environmentalists on Monday are set to file a lawsuit challenging the Obama administration’s plans to sell offshore drilling leases over the next five years, with a novel argument: that the government overlooked the value of waiting to harvest oil and gas from those coastal waters.  More »

Oil rig arrives off Cuba for new exploration

A Norwegian-owned rig arrived in waters off Cuba’s north-central coast for exploratory drilling by the Russian oil company Zarubezhneft, authorities said Saturday, renewing the island’s search for petroleum after three failed wells this year.  More »

Environmentalists criticize federally backed Texas offshore wind project

Austin-based Baryonyx, which won a $4 million federal grant, said the three-turbine demonstration project is part of a larger 300-turbine plan near South Padre Island.  More »

Schlumberger to take 4Q earnings hit; North America weakness cited

Oil field services firm Schlumberger Ltd. says it will take a fourth-quarter earnings hit because of operational delays in Europe and Africa and weaker than expected activity in North America.  More »