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Oil & gas news

Statoil granted drilling permit

The Norwegian Petroleum Directorate has granted Statoil Petroleum AS a drilling permit for well 16/2-22 S, cf. Section 8 of the Resource Management Regulations.

 

Obama bans oil drilling in Arctic waters

President Barack Obama has permanently banned offshore oil and gas drilling in the 'vast majority' of US-owned northern waters in a move to protect the region from the upcoming Donald Trump administration.

 
 
 
 

Rovco Awarded Innovate UK Funding

The funding will enable the firm to carry out extensive research and development activity and perform a full feasibility study into the advancement of underwater 3D modelling technology.