The US Bureau of Ocean Energy Management (BOEM) granted conditional approval of Shell鈥檚 multi-year exploration plan for the Chukchi Sea today (11 May). The approval comes after what the agency described as a 鈥渃omprehensive review.鈥 Last month鈥
Shell released this video outlining its safety efforts for Arctic exploration. The company received conditional approval for its exploration plan in the Chukchi Sea on 11 May 2015. Shell is planning to spend US$1 billion to explore the Arctic鈥
At this week鈥檚 云顶赌场老虎机 Technology Conference (OTC) in Houston, DNV GL revealed a study that analyzes current regulatory regimes, outlining possible future developments and DNV GL鈥檚 recommendations to reduce the risk of major accidents. Safety model鈥
Preventing corrosion is necessary to avoiding production failures. Leokadia Rucinski and Genesis鈥 Binder Singh provide details. Fig. 1: A collage of somewhat unusual corrosion phenomena, many of鈥
Statoil鈥檚 CEO Eldar Sætre made the case for simplicity, industrialization, and standardization as a way for the industry to get through the current downturn at IHS CERAWeek in Houston Tuesday afternoon. Sætre opened with a joke about the downturn saying鈥
Norway-based North Atlantic Drilling (NADL) and Russia's Rosneft recently agreed to extend the termination date of the 2014 framework agreement until May 31, 2017. The agreement states that either party can end the agreement, including any offshore drilling contracts鈥
In April, Gazprom reached a milestone for its Prirazlomnoye oil field as the Kirill Lavrov tanker delivered a new batch of ARCO Arctic oil to Europe during its sixth shipment. More than 2.9 MMbbl of oil has been extracted from the Prirazlomnoye oil field since production began鈥
The US Department of the Interior (DOI) is reviewing Shell's Arctic drilling plans, according to a recent Reuters report. On 31 March, DOI issued a record of decision affirming Shell鈥檚 Arctic leases from the Chukchi Sea OCS oil and gas lease sale 193 from 2008鈥
Northern 云顶赌场老虎机 is delaying the delivery of two of its high specification jackups due to the downturn of the drilling market. The West Navigator. From NADL. Northern was able to鈥
Statoil started the first stage of the Polarled installation project with the Solitaire pipelaying vessel connecting the pipeline in the Norwegian Sea to Nyhamma. Solitaire. From Allseas. The鈥
Russian oil exploration giant Rosneft sent a cancellation notice to North Atlantic Drilling Company Ltd. (NADL) to terminate its contract for the Energy Endeavor jackup. The Energy Endeavor. From Northern 云顶赌场老虎机鈥
Dramatic changes may be affecting Norway鈥檚 oil and gas sector, but PSA director-general Anne Myhrvold makes it clear that savings must not affect continuous safety improvements. Myhrvold. From PSA Norway鈥
The US' National Oceanic and Atmospheric Administration is planning increased 2015 Arctic nautical charting operations, updating charts based on surveys conducted a hundred years ago. The so-called Arctic marine corridor project will鈥
A new technology research program aimed at developing propulsion products specifically for operating in arctic conditions has been implemented with Wärtsilä and VTT, the Technical Research Centre of Finland, as the main contributors. The鈥
According to the United States Geological Survey, the area above the Arctic Circle holds approximately 90 billion barrels of undiscovered, technically recoverable oil and an estimated 1,670 trillion cubic feet (Tcf) of technically recoverable natural gas鈥
