Applied Petroleum Technology Appoints CEO
Applied Petroleum Technology, a leading international provider of geochemical and biostratigraphic services for the upstream oil and gas industry, has appointed Helge Nyrønning as its CEO.
Helge Nyrønning has previously held roles as managing director and head of business development at Akastor- owned sub-surface consultancy group First Geo (now AGR). Prior to this he spent nine years with the predecessor to First Geo, Aker Geo.
“Applied Petroleum Technology probably has the world’s leading laboratory within geochemistry services, which help provide the oil and gas market’s most precise, high quality data to support operators’ exploration and production teams. Combined with a solid biostratigraphy team we essentially assist energy companies in finding and producing hydrocarbons,” says Helge Nyrønning, CEO of Applied Petroleum Technology.
Applied Petroleum Technology provides geochemical and biostratigraphic laboratory services, basin modelling and petroleum systems analysis to operators worldwide.
The company is headquartered in Oslo, Norway, and has additional offices in the UK, USA and Canada.
UK Continental Shelf Licensing Round Attracts More Than 100 Applications
The United Kingdom’s latest offshore licensing round has attracted 104 applications covering 245 blocks or part- blocks across the main producing areas of the UK Continental Shelf (UKCS). Applications were received from 71 companies ranging from multinationals to new country entrants.
The 32nd UK Offshore Licensing Round, which closed on 12th November 2019, offered acreage in the Central North Sea, Northern North Sea, Southern North Sea and the West of Shetlands.
The OGA fully supports the energy transition, welcomes the government’s legally binding commitment to net zero emissions by 2050. The OGA understands why there could be concern about UK domestic production of oil and gas in this context. However, oil and gas will remain an important part of our energy mix for the foreseeable future, including under net zero scenarios, where the UK is still expected to be a net importer. As such, managing the declining production and maximizing the economic recovery from the UK remains vital to meet those energy demands as long as they exist, and to reduce reliance on hydrocarbon imports.
Deep Down to Repair Umbilicals for Two Oil Operators
Subsea equipment specialist Deep Down has received orders from two independent oil and gas operators for emergency umbilical repairs in the U.S. Gulf of Mexico and West Africa.
The company said that both projects included design, engineering, and the manufacture of associated umbilical accessories. Deep Down did not say who the clients were.
Deep Down will provide one solution for a damaged umbilical, which will be retrieved, repaired and reinstalled in the US Gulf of Mexico. Deep Down will provide the umbilical termination assemblies, in addition to decommissioning, terminating and commissioning the recovered umbilical. This work is scheduled to be completed during the first quarter of 2020.
The second deal is for the replacement of a leaking gas lift flowline off the west coast of Africa. Deep Down will modify and install two umbilicals from a floating production storage and offloading unit (FPSO) to an existing platform. The solution will include topside terminations, in addition to installation equipment and services. This work is scheduled to be completed during the second quarter of 2020.
January 2020
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