North Sea News

 

Genesis wins CO2 storage study

Aug 05, 2014

National Grid Carbon Limited (NGC) has awarded the multi-million pound front end engineering and design (FEED) contract for its carbon capture and storage pipeline to oil and gas engineering firm Genesis (a Technip subsidiary). Genesis…

Marathon picks Aibel for engineering

Aug 05, 2014

Aibel has been awarded a framework agreement by Marathon Oil Norge for the supply of front end engineering design (FEED) and study assignments. The first assignment has already been specified - a study to clarify upgrade solutions on the floating production…

Centrica snaps up Serica stakes

Aug 05, 2014

Serica Energy has completed a farm out on UK East Irish Sea Blocks 113/26b and 113/27c (License P.1482) with Centrica, through its subsidiary Hydrocarbon Resources Limited (HRL). Under the agreement, HRL has acquired an operated 45% interest in the license…

BW inks Catcher loan

Aug 05, 2014

BW Offshore has agreed a US$800 million, 10-year credit facility for the Catcher floating production, storage and offloading project.  The facility is a combined construction and long term financing facility. The credit facility was substantially…

Positive outlook

Aug 04, 2014

The HelWin Beta platform, on its way out to sea. Photos from HFG. The North Sea is set to continue to provide work for fabricators for 10-20 more years, says Heerema Fabrication Group’s CEO…

Heavy hitters in heavy lifting

Aug 04, 2014

The Dutch have long dominated the heavy lifting market, especially offshore, and the country’s domination looks set to continue. Earlier this year, Allseas announced plans to build a new vessel that will top by 50% the capacity of its already enormous Pieter Schelte…

Calls to boost Scots oil sector

Aug 04, 2014

A think-tank focused on boosting Scotland’s economy has called for the new oil and gas regulator and industry taxation decision-makers to be based in Aberdeen, not London or Edinburgh.  Ahead of a referendum on Scottish independence,…

The SPE ‘guardian angel’

Aug 01, 2014

Anthony Onukwu, SPE Aberdeen chairman. SPE Aberdeen chairman Anthony Onukwu reflects on society’s impact on the North Sea oil and gas industry as the Aberdeen section celebrates its 40th anniversary…

EMGS wins Faroe Island work

Aug 01, 2014

Norway’s Electromagnetic Geoservices (EMGS) received an agreement worth US$4.3 million for multi-client data offshore the Faroe Island. The agreement includes both late sales of the existing multi-client dataset, the Brugdan-Rosebank…

Norway’s challenges and opportunities

Aug 01, 2014

Ingrid Sølvberg, director for the Norwegian and Barents seas, Norwegian Petroleum Directorate. Photo from UTC.  Challenges to produce new areas, like the Barents, and extend the life of more mature regions…

Exploring the underexplored

Aug 01, 2014

The Cygnus Alpha wellhead platform during installation offshore. Photo from GDF Suez E&P. A new impetus to explore the UK North Sea could help to unlock some of the basins’ underexplored plays…

From simulation to WRR

Aug 01, 2014

ENI’s Goliat FPSO. Image from ENI Norge.  Offshore lifting combines heavy offshore assets with detailed analysis and product care. Elaine Maslin found out more at the North Sea Offshore Crane and Lifting Conference…

Dutch entrepreneurialism

Aug 01, 2014

Sander Vergroesen, IRO’s managing director  Dutch offshore suppliers are innovating to keep ahead, providing solutions in ever deeper and colder waters globally. IRO’s Sander Vergroesen spoke to Elaine Maslin…

Multiple markets for heavy lifts

Aug 01, 2014

Seaway Heavy Lifting’s crane vessel Stanislav Yudin installing a topside.  Seaway Heavy Lifting (SHL) will be involved in one of the biggest lifting campaigns in the North Sea…

Intervention allies

Aug 01, 2014

Sarah Parker Musarra spoke with FTO Services’ Vidar Sten-Halvorsen to learn more about the new Island Performer intervention vessel, a product of the joint venture between FMC Technologies and Edison Chouest Offshore. The Island Constructor…

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