ON FEBRUARY 21, Gazprom, Total and StatoilHydro signed a historic shareholder agreement for the creation of a company to develop phase one of the giant Shtokman gas field in the Russian sector of the Barents Sea.
Oil & Gas
EU RENEWABLE energy targets; the final report on the Transmission Access Review; important moves for microgeneration and heat; work progressing so well on the Glendoe hydro project that Scottish and Southern Energy is looking at more hydro projects; the launch of the Renewable Fuels Transport Obligation; the impending launch of Scotland's Hydrogen Futures Study; frenetic activity in the wind, wave and tidal sectors - it's certainly "all systems go" on the renewables front.
YEAR one at Caledyne was described as "OK", with a "slight loss" recorded.
THE problem is, Caledyne could soon get to a size and possess the skills that make it eminently suitable as a snack for a larger service company.
Due to the success of the supplier training sessions, supply-chain gateway FPAL has decided to expand its training programme by offering performance feedback workshops.
Caledyne was set up by three individuals, each of whom had tasted life with a fast-moving, forward-thinking Aberdeen oilfield engineering company that had been eaten up by one of the US big brands.
In today's "new world of work" , new rules apply. Generation Y is throwing its weight about and resistance is futile. Older colleagues are catching on and shrewd employers are taking note.
Despite the ongoing operating challenges for oil & gas companies in today's global economic markets, the sector remains active and continues to provide opportunities for investors.
THIS is your chance as a young professional - and almost certainly a university/college graduate - to influence the future course of the North Sea oil & gas industry.
RENOWNED petroleum industry economist Professor Alex Kemp is to lead the first of two new advanced Masters degree programmes at Aberdeen University.
The North Sea's Industry Technology Facilitator is launching a two-year talent hunt. The plan is to work with the North Sea and academia to build a pipeline of top-notch fresh faces into the energy sector by establishing industry-generated projects for use in postgraduate research .
This month's Oil & Gas UK Next Generation conference in Aberdeen is expected to attract hundreds of young energy professionals from the full gamut of disciplines.
SEEN the steam from a car exhaust during cold weather just after mum or dad start the parental taxi in the morning? That's water vapour condensing.
THE sun has produced energy for billions of years. Solar energy is the sun's rays (solar radiation) that reach the Earth. Solar energy is free and its supplies are unlimited. Using solar energy produces no air or water pollution but does have some indirect impacts on the environment in the manufacture of technologies such as solar cells that convert that energy to electricity.
StatoilHydro has thrown down the gauntlet to other oil companies by making the largest ever commitment to environmentally responsible offshore support vessels.
In recent years, we have seen a huge surge in compensation claims from people suffering the painful effects of hand-arm vibration exposure, often dating back many years.
Eighteen months ago, Chevron set up an Aberdeen satellite to its technology company in Houston. Prediction was that staffing in Europe's energy capital would build to about 70 by now, and it has, with the prospect of growing to 120 - more than originally anticipated.
The first quarter of 2008 saw a doubling of E & A (exploration and appraisal) drilling levels compared with the same period for 2007, with 20 wells started and nine sidetrack legs initiated.
TURNING to the wider subsea intervention scene, other companies continue to make progress, notably Island Offshore, whose latest interventional vessel, the 116m Island Wellserver, is scheduled for deployment with StatoilHydro, starting during the current quarter.
IN 2007, there were two key events that will help set the future pace of lightweight subsea well intervention - and both involve the Aker brand.
TULLOW Oil plans to launch a new exploration drilling campaign on block 2 of its acreage in Uganda this month.
ITALIAN energy giant Eni has reported a new oil discovery in the Timor Sea in the jointly administered area held by Timor Leste and Australia. Eni said the exploration well, Kitan-1, was drilled in block JPDA06-105, some 500km off the Australian coast, to a total depth of 3,568m (11,707ft) and encountered a "significant" column of hydrocarbons.
NORWEGIAN company Awilco Offshore has taken delivery of its fifth ultra-premium jack-up drilling rig from the PPL Shipyard in Singapore.
TOTAL has signed an agreement with Nigerian company Conoil Producing to farm into deep offshore block OPL257 for a 40% interest, leaving Conoil as operator with a 50% interest, while another Nigerian company holds the remaining 10%.
ADDAX Petroleum reports the successful appraisal of, and addition to, its Kita Marine discovery offshore Nigeria on block OML123. The KTM-6 well, drilled with Transocean's GSF High Island IX jack-up drilling rig, encountered an aggregate gross oil column of 52m (173ft) over four zones.