The topic of this article may not meet Wikipedia's notability guidelines for companies and organizations .(October 2016) |
Company type | Public |
---|---|
Industry | Drilling |
Headquarters | Kristiansand, Norway |
Revenue | NOK 175 million (2005) |
NOK 160 million (2005) | |
NOK -95 million (2005) | |
Website | www.sinvest.no |
Sinvest (OSE : SIN) is a Norwegian oil drilling investment company, with headquarters in Kristiansand. The company is a long-term financial and strategic investor in oil resources and offshore companies and has been listed on the Oslo Stock Exchange since 2001.
Major investments include the subsidiary Deep Drilling Invest that has eight drilling rigs under construction and Beta Drilling that operates one rig. [1] In addition Sinvest has a partial ownership of Petrojack (20%), [2] Premium Drilling (with Awilco Offshore) and Venture Drilling (50%). [3]
An oil platform is a large structure with facilities to extract and process petroleum and natural gas that lie in rock formations beneath the seabed. Many oil platforms will also have facilities to accommodate the workers, although it is also common to have a separate accommodation platform linked by bridge to the production platform. Most commonly, oil platforms engage in activities on the continental shelf, though they can also be used in lakes, inshore waters, and inland seas. Depending on the circumstances, the platform may be fixed to the ocean floor, consist of an artificial island, or float. In some arrangements the main facility may have storage facilities for the processed oil. Remote subsea wells may also be connected to a platform by flow lines and by umbilical connections. These sub-sea facilities may include one or more subsea wells or manifold centres for multiple wells.
Transocean Ltd. is an American drilling company. It is the world's largest offshore drilling contractor based on revenue and is based in Vernier, Switzerland. The company has offices in 20 countries, including Canada, the United States, Norway, United Kingdom, India, Brazil, Singapore, Indonesia, and Malaysia.
The China National Petroleum Corporation (CNPC) is a major national oil and gas corporation of China and one of the largest integrated energy groups in the world. Its headquarters are in Dongcheng District, Beijing. CNPC was ranked fourth in 2022 Fortune Global 500, a global ranking of the largest corporations by revenue.
China Oilfield Services (COSL) is an oilfield services company. It is a majority owned subsidiary of Chinese state owned company CNOOC Group. It also has a listed sister company in Hong Kong, CNOOC Limited.
A blowout is the uncontrolled release of crude oil and/or natural gas from an oil well or gas well after pressure control systems have failed. Modern wells have blowout preventers intended to prevent such an occurrence. An accidental spark during a blowout can lead to a catastrophic oil or gas fire.
Seadrill is an offshore drilling contractor providing worldwide offshore drilling services to the oil and gas industry. Its primary business is the ownership and operation of drillships, semi-submersible rigs, and jack-up rigs for operations in shallow to ultra-deep water in both benign and harsh environments. It provides a contract-based service and primarily serves the oil super-majors, integrated oil and gas, state-owned national oil, and independent oil and gas companies.
Offshore drilling is a mechanical process where a wellbore is drilled below the seabed. It is typically carried out in order to explore for and subsequently extract petroleum that lies in rock formations beneath the seabed. Most commonly, the term is used to describe drilling activities on the continental shelf, though the term can also be applied to drilling in lakes, inshore waters and inland seas.
Awilco Offshore was a Norwegian drilling rig owner. In 2008 the company operated five jackup rigs and two semi-submersible accommodation rigs, with several others on order. Awilco was founded in 2005, headquartered in Oslo and was listed on the Oslo Stock Exchange. Operation of its rigs was done by the company Premium Drilling, owned by Awilco and Sinvest. The company was acquired by China Oilfield Services in 2008 and merged into its existing operations.
Deepwater Horizon was an ultra-deepwater, dynamically positioned, semi-submersible offshore drilling rig owned by Transocean and operated by BP. On 20 April 2010, while drilling at the Macondo Prospect, a blowout caused an explosion on the rig that killed 11 crewmen and ignited a fireball visible from 40 miles (64 km) away. The fire was inextinguishable and, two days later, on 22 April, the Horizon sank, leaving the well gushing at the seabed and turning into the largest marine oil spill in history.
Saipem S.p.A. is an Italian multinational oilfield services company and one of the largest in the world. Until 2016 it was a subsidiary of Italian oil and gas supermajor Eni, which retains approximately 30% of Saipem's shares.
Sakhalin Energy Investment Company Ltd. is a consortium for developing the Sakhalin-2 oil and gas project with corporate head office in Yuzhno-Sakhalinsk. Roman Dashkov has been the Chief Executive Officer since 2013.
Petrojack was a Norwegian offshore drilling rig operator. The company had two jackup rigs under order from Jurong Shipyard in Singapore, while it sold its two former rigs Petrojack I and Petrojack III to Maersk Drilling. The company was founded in 2004 and was listed on the Oslo Stock Exchange the next year. The largest shareholders were Petrolia Drilling (40%), Awilco Offshore (18%) and Sinvest (18%).
Yme is an oil field in the Egersund basin area in the central part of the North Sea. It is located 160 kilometres (99 mi) northeast of the Ekofisk oil field. The water depth is 93 metres (305 ft). The field was discovered in 1987 and was developed by Statoil with production from 1996 to 2001. In 2001 low oil prices led to the abandonment of the field. After the production license was relinquished by Statoil, a new license group led by Talisman Energy was formed to redevelop the field. In 2007 Talisman was granted permission to redevelop the field. The redevelopment was unsuccessful and the newly installed Yme MOPU STOR was abandoned and decommissioned without having entered production. A new attempt called the Yme New Development was launched by the new operator Repsol, which involved reusing the subsea installations already in place. The Yme field began producing again in 2021, marking the first time that a previously abandoned Norwegian oil field has been restarted.
Deepwater drilling, or deep well drilling, is the process of creating holes in the Earth's crust using a drilling rig for oil extraction under the deep sea. There are approximately 3400 deepwater wells in the Gulf of Mexico with depths greater than 150 meters.
Oseberg Øst is an offshore oil field in the North Sea, located east of Oseberg Oil Field. The field was developed with a fixed production, drilling and quarters (PDQ) facility and is operated by Statoil. The first stage phase processing is done at the Oseberg Øst platform. The second and third phase processing of oil is done at the Oseberg Field Center and it is then transported to Sture terminal in Norway through the Oseberg Transport System.
North Drilling Company is an Iranian company specialized in drilling oil and gas wells and its services in all regions of Iran and world, to global customers. The company was privatized in June 2009. As of February 2010, Mehr Eghtesad, a quasi-government investment company, owned 20% of its shares on the Tehran Stock Exchange.
Blane is an offshore oil field located in the southern Norwegian and northern British sectors of North Sea. The Blane facilities are located on the British continental shelf and are tied to the Ula field which is located 34 km (21 mi) to the northeast via subsea pipeline. The field was discovered in 1989 and produces high quality oil.
Cameron International Corporation (formerly Cooper Cameron Corporation (CCC) and Cooper Oil Tool, Cameron Iron Works) though now operating under Schlumberger, is a global provider of pressure control, production, processing, and flow control systems as well as project management and aftermarket services for the oil and gas and process industries. Cameron was acquired by Schlumberger (SLB) in 2016, and now operates as 'Cameron, an SLB Company.' At the start of the SLB acquisition in 2015, Cameron employed approximately 23,000 people and delivered $9.8 billion in revenue.
Dana Energy is a private oil and gas company headquartered in Tehran, Iran. It is an exploration and production (E&P) and oilfield services company operating in Middle East and Asia. Formed in 2000, they were initially an oilfield services company and ventured into field development in 2008. By the addition of petroleum products trading to its portfolio in 2013, Dana Energy extended their business into the midstream sector, however due to sanctions imposed on Iran, their trading division came to a halt.
Gulf Drilling International Limited (GDI) is a Qatari Shareholding Company based in West Bay, Doha.