Tag «ocean»

Statoil’s north ocean success provides expect world’s depleted fields

Developers and investors holding old, "depleted" gas and oil fields, be aware — you may be located on much more in reserves than you believe. This is the message now from the world-first breakthrough in offshore production, arriving the mature climes of Norway’s North Ocean. Veteran operators Statoil and OMV stated they’ve installed the earth’s …

Norwegian ocean

Electromagnetic Geoservices ASA (EMGS) has gotten a signed contract from Tullow Oil Norge AS worth USD 7.seven million for 3D EM data acquisition within the northern area of the North Ocean. "We’re delighted to utilize Tullow again, as well as, asked to see contract coverage within the Norwegian waters still develop favorably. Adding numerous contracts …