Oil major BP said Tuesday that the jacket of the Azeri Central East (ACE) platform built at the Heydar Aliyev Baku Deepwater Jackets Factory (BDJF) was ready for load-out to sail away to its permanent location in the ACG contract area in the Caspian Sea. The $6 billion ACE project is the next stage of development of the giant BP-operated Azeri-Chirag-Gunashli (ACG) field in Caspian Sea.Ilham Aliyev…
Oil and gas company BW Energy said Monday it had completed the drilling and completion operations on DHIBM-3H, the first production well of the Hibiscus / Ruche Phase 1 development campaign in the Dussafu license offshore Gabon. 'Responsibility…
Andrew Hockey, CEO of the UK-based oil and gas company IOG, with gas fields in the Southern North Sea, is set to step down after nearly five years in the role. IOG's Chief Operating Officer, David Gibson, is stepping down, too.The news of the resignations came Wednesday…
Norwegian oil and gas firm Aker BP has received a Petroleum Safety Authority Norway (PSA) consent to use the jack-up drilling rig Maersk Invincible for drilling activities on the Ivar Aasen field, offshore Norway. The consent includes plugging…
Norwegian oil companies Equinor and Aker BP have agreed for the Krafla offshore field operator to be transferred from Equinor to Aker BP. With this transaction Aker BP will be the operator of all discoveries in the NOAKA area - Krafla, Fulla…
Norwegian oil company Equinor has obtained regulatory consent for the use of Odfjell Drilling's Deepsea Atlantic semi-submersible drilling rig at the Johan Sverdrup oil field.The consent was granted by the Petroleum Safety Authority Norway and…
German oil and gas firm Wintershall Dea has started drilling production wells at its Nova field in the Norwegian North Sea.Using Saipem's Scarabeo 8 semi-submersible rig, Wintershall Dea will drill three production wells and three water injection wells through two subsea templates…
Norwegian oil and gas company OKEA, the operator of the giant Draugen platform off Norway, is working on a project that will see the offshore oil production facility powered by floating wind turbines.The news was shared by the recently formed…
The Petroleum Safety Authority Norway has this week given its consent to oil firms Chrysaor and Aker BP to use the COSL Innovator and Maersk Integrator drilling rigs, respectively, for their drilling projects offshore Norway.Chrysaor, which is working to complete its merger with Premier Oil…
Russian oil giant Lukoil said Tuesday its cumulative production of oil had exceeded 35 million tonnes at its Yury Korchagin and Vladimir Filanovsky fields in the North Caspian Sea.'Lukoil carried on with these projects in 2020. In particular…
Swedish oil company Lundin, focused on oil and gas operations in Norway, has obtained regulatory consent to used the Rowan Viking jack-up rig on the Edvard Grieg offshore field.The consent, granted last week by the Petroleum Safety Authority Norway…
Norwegian oil and gas company Vår Energi has been given consent to use Saipem's Scarabeo 8 drilling rig on the Goliat oil field in the Barents Sea, off Norway.Vår Energi will use the semi-submersible drilling rig for production drilling on the Goliat field…
Houston-based engineering giant KBR has said that its joint venture with the Azeri oil firm SOCAR, which is working on the engineering design phase of the Azeri Central East (ACE) platform, is now nearing completion of its workscope.The $6 billion…
Norwegian energy company Equinor has received regulator consent to use Odfjell Drilling's Deepsea Atlantic semi-submersible drilling rig for production drilling on the Vigdis offshore field.Vigdis is a field located in the Tampen area in the northern part of the North Sea…
Oil and gas investment in Norway, Western Europe's top producer, will rise more this year and decline less in 2021 than predicted a few months ago, an industry survey by the statistics office (SSB) showed on Thursday.Petroleum companies, including Equinor…
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