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Barents Sea News

 

Eni CEO Meets Rosneft CEO

Oct 16, 2012

Rosneft CEO Igor Sechin and Eni CEO Paolo Scaroni have met to discuss the progress of joint projects between the two companies offshore Russia in the Black Sea and Barents Sea, sanctioned in the strategic cooperation agreement signed on 25 April 2012…

Russia Plans to Raise Sunken Nuclear Submarines

Oct 12, 2012

The two submarines need to be raised & scrapped so as to avoid radiation pollution & are located in the northern Barents and Kara Seas.The ministry will announce an international tender, which may include companies from the France, the Netherlands…

New Offshore LNG Report Launches at Gastech 2012

Oct 09, 2012

Infield Systems unveil its 'Offshore LNG Market Report to 2018' at the Gastech Expo in London.The launch of this report at Gastech 2012 coincides with a particularly exciting time for this sector of the offshore oil and gas industry, following…

Barents Sea Drillers Strike Gas, Expected Oil

Oct 08, 2012

Eni, with partners Lundin and Det Norske hoped for oil but discovered gas & condensate at the Salina structure in western part of the Barents Sea.Det norske oljeselskap ASA earlier announced the discovery of hydrocarbons in the Salina prospect in production license 533…

Arctic Oil Exploration to Reverse Decline in Norwegian Production

Sep 21, 2012

An Offshore Northern Seas (ONS) poll reveals industry professionals see Arctic exploration as viable solution for Norway.The Industry Snapshot Poll was conducted at ONS by global independent technical advisor, GL Noble Denton. Senior professionals…

Barents Sea Hydrograhpic Survey Contract For Fugro

Sep 20, 2012

Germany-based Fugro awarded Mareano, off North Norway coast, survey contract by the Norwegian Hydrographic Service (NHS).Fugro OSAE GmbH has been awarded a EUR 2.7 million hydrographic survey contract by the Norwegian Hydrographic Service (NHS)…

Barents Sea Drill Rig Stability Incident to be Investigated

Sep 14, 2012

The Petroleum Safety Authority Norway (PSA) will investigate the recent stability incident on the mobile rig 'Scarabeo 8'.Scarabeo 8 is a semi-submersible drilling facility owned by Saipem SpA Norwegian Branch (Saipem). The facility is currently…

New Arctic Oil Terminal Planned in Finnmark

Sep 03, 2012

Norterminal AS plans to build a large oil-terminal outside Kirkenes in the Norwegian, Russian borderland. New fields in the Arctic Barents and Kara Seas bring along needs for reloading and storage terminals. The players in the market are…

Russian Naval Exercises in Barents Sea

Aug 30, 2012

Northern Fleet (NF) surface ships with a nuclear submarine accomplish tactical training tasks in the Barents Sea. The exercise was held by a search/attack ship group comprising ASW corvettes Naryan-Mar and Onega. The crews practiced search…

Arctic Oil Exploration to be Stepped Up by Statoil

Aug 30, 2012

Statoil will drill nine wells during a non-stop 2013 Norwegian Barents exploration campaign. The company plans to meet development challenges here by tripling its Arctic technology research budget.Statoil's exploration experience in the Barents is already extensive…

Indian Oil Seeks Arctic Drilling Team-up

Aug 20, 2012

Indian oil intends to team up with Russia's Rosneft for oil exploration in the Barents & Kara Seas.ONGC, one of the largest oil and gas companies in Asia, has formally addressed Rosneft with a partnership offer in one of the latter’s Arctic hydrocarbon projects…

Rosneft Launches Environmentally Sensitive Pechora Sea Oil Search

Aug 20, 2012

A 3D CDP seismic survey covering 1,200 square km is being carried out by three field exploration parties from Yuzhmorgeologiya.Pechora Sea (Russian: Печо́рское мо́ре, or Pechorskoye More), is a sea at the northwest of Russia, the southeastern part of the Barents Sea…

North Norway Port Booms as Arctic Ocean Base

Aug 17, 2012

Kirkenes is becoming an important port for vessels conducting seismic surveys in the Arctic search for fossil fuels. Geographical proximity to the oil and gas fields and developed infrastructure draws companies to this North Norwegian town…

Chinese Icebreaker Transits Northern Sea Route

Aug 10, 2012

The icebreaker 'Xuelong' made the Arctic Ocean passage from China through to Norwegian waters.The Chinese icebreaker completed the Arctic North-East Passage marking the first such voyage by a Chinese vessel and opening an Arctic route connecting…

Norwegian Offshore Oil Rush Forces Rig Rates Higher

Aug 09, 2012

High activity on the Norwegian shelf leads to high day rates for drilling rigs.Desperate oil companies are forcing day rates for drilling rigs to reach new heights. Analysts believe day rates will be over $700,000 this autumn, reports the 'Barents Observer'…

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