Navigational aids specialist Pharos Marine Sims Systems has completed the design, manufacture and installation of a bespoke solar navigation aid system for Shell's Brent Delta platform in the North Sea. The Great Yarmouth-based firm completed…
In this video, Shell shows the history of its Brent field, in addition to its efforts in the decommissioning process. Brent, located some 320mi from Aberdeen, one of several large fields that came on-stream during the global oil crisis of the 1970s…
Oil major Shell has set out its plans for decommissioning the Brent field facilities in the UK North Sea, including leaving its foundations in place. The firm, which has already spent 10 years working on decommissioning the four platforms…
Wood Group has been awarded a three-year contract, extending its support of Shell’s eight UK Continental Shelf offshore assets. Wood Group PSN (WGPSN) will continue to deliver maintenance and construction services to the Shearwater, Gannet…
Wood Mackenzie's latest global oil production analysis* indicates that 3.4 MMbbl/d of oil production is cash negative at a Brent oil price of US$35. Since the dramatic drop in prices from late 2014, there have been few halts in production – with around 100…
Shell has contracted Norwegian accommodation vessel operator Prosafe's Regalia unit to support work on the Brent C platform in the UK sector of the North Sea. Brent C is one of four platforms on the Brent field which Shell is working towards decommissioning…
West Texas Intermediate crude (WTI) fell below US$50/bbl, to $49.93/bbl, on 20 July for the first time since April, despite reports that Saudi Arabian exports have fallen to their lowest in five months. According to statistics published by the Energy Information Agency (EIA)…
Houston-based Hercules Offshore signed a five-year contract with a subsidiary of Eni S.p.A. for use of the Hercules 260 in West Africa. The dayrate under the contract will range from a minimum of US$75,000 per day when the price of Brent crude oil is $86 or less per barrel…
Shell is to start a 30-day public consultation on the decommissioning process of the Brent field in the North Sea, beginning mid-February. Brent field. From Shell. The decommissioning program will begin with the Brent Delta platform…
Shell will formally cease oil and gas production from the Brent Alpha and Brent Bravo platforms in the UK North Sea on 1 November 2014. Brent Alpha and Brent Bravo are located 186km (115 miles) east of Lerwick. Both platforms have significantly…
The US Energy Information Administration (EIA) estimates US total crude oil production averaged 8.3MM bbl/d in April—making it the highest monthly average production since March 1988. US total crude oil production, which averaged 7.4MM bbl/d in 2013…
Able UK has been awarded a contract for the disposal of four offshore structures from the Shell operated Brent field in the North Sea. The contract will see three platform topsides, as well as a 138m-high steel platform jacket, transported from the Brent field…
Tullow Oil plc's Mantra well, offshore Norway, is to be plugged and abandoned after being classified as water wet. Mantra, drilled with the 31/3-4 wildcat exploration well,was the first exploration well in the Tullow-operated 551 production license…
Allseas’ heavy-lift and pipelay vessel the Pieter Schelte has been awarded its first contract. The vessel, under construction at Daewoo Shipbuilding and Marine Engineering (DSME) in Okpo, Korea, is to carry out topsides removals on the Shell-operated Brent field in the North Sea…
The annual average oil price of global benchmark Brent crude for 2011 is poised to be the highest (in both real and nominal terms) since 1860, the year after the birth of the modern oil industry in Titusville, Pennsylvania, according to a report by IHS Cambridge Energy Research Associates…
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