Electromagnetic Geoservices ASA (EMGS) has signed a data licensing agreement with a customer worth USD 3.5 million for the provision of 3D EM data from EMGS's multi-client data library in the Barents Sea. 'It satisfying to note that our…
Greenpeace's ship, the Esperanza, is still on station in the Arctic to expose renewed Norwegian efforts to drill for oil in this pristine environment.Last week Greenpeace successfully headed off attempts by an oil company to complete controversial seismic testing…
On 18 August, the Admiral Vladimirsky oceanographic research ship of the Baltic Fleet will leave St. Petersburg and then set sail on an unprecedented round-the-world voyage.'The Russian Navy, after more than 30 years, is returning to round-the-world voyages…
From EMGS's website, you now have interactive access to EMGS’s multi-client library. Visit our interactive multi-client maps. Zoom in to the area of interest, see what data is available, request more information about the survey,…
More oil and gas projects in Norway could be put on hold because of rising costs, adding to a growing list of developments that have been delayed or called off, Bente Nyland, the head of the Norwegian Petroleum Directorate said on Thursday.Most vulnerable will be small fields…
The first photo of what is to be the most important military intelligence vessel for NATO in the Barents and Arctic Seas is to be seen on the right. “This is an important project to ensure Norway’s interests in the North. Control with the development there is strategically important for Norway…
A 19000 tons cargo vessel is making the first journey by a Chinese merchant ship to Europe via the Northern Sea Route, reports the Barents Observer.The cargo vessel “Hong Xing” owned by the Chinese shipping company COSCO left the northeastern…
E&P costs have been increasing by 11% per annum for the last five years, according to Barclays Capital, and nowhere are they increasing faster than in remote and harsh offshore environments like Alaska’s OCS or Norway’s north Barents Sea.The…
Both Rosneft and Lukoil have secured license rights to blocks issued by the Norwegian government in Arctic waters.The massive opening of the Barents Sea for the oil industry includes invitations to Russia’s two powerful Russian petroleum companies…
On account of applicable Norwegian Government tax changes Statoil as operator has recommended a delay of the investment decision for the Johan Castberg project in the Norwegian Barents Sea.Statoil has continued to mature the resource base and development plans for the project…
The Northern Sea Route administration has so far given 54 vessels permission to sail the route in 2013. This year’s sailing season on the Northern Sea Route between Europe and Russia will probably be the busiest one ever. The first vessels…
Russia is planning to rejuvinate an oil terminal and fertilizer handling port in Liinakhamari by the Barents Sea.Citing General Director of Liinakhamari Port Management Company Sergey Kudrintsky, Barents Observer reports that negotiations with potential investors are under way…
Under increasing pressure from competitors & the authorities, the Russian gas major is stepping up exploration & drilling in Arctic waters.A total of four wells were drilled and 3000 square km of 3D seismic mapping was conducted in the…
The Russian state-owned stake in Murmansk Shipping Company (MSCO) will be privatised by the end of 2013.MSCO assets are composed of fleets of three shipping companies: Murmansk Shipping Company (Murmansk), Northern Sea Shipping Company (Arkhangelsk)…
Romania's Grup Servicii Petroliere (GSP) to start drilling in June, admitting it has no experience of drilling operations in the Arctic.Operations are scheduled to start at the beginning of June and will be carried out in Dolginskoye oil field…
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