North Sea News

 

Next stop Martin Linge

Mar 24, 2014

Maersk Drilling has named its latest ultra harsh environment jackup drilling rig, the Maersk Intrepid, ahead of its first deployment development drilling on the Martin Linge field offshore Norway. Maersk Intrepid is the first…

North Sea rig tax disappoints

Mar 20, 2014

A new tax break for high-pressure, high-temperature fields in the UK North Sea has been overshadowed by a move by the UK Government to change to taxes on drilling rigs. The move, relating to bare-boat chartering, “perplexed” industry…

Jumbo selected for Western Isles

Mar 19, 2014

Jumbo signed a Contract with Subsea 7 for the provision of the floating production, storage and offloading vessel mooring piles and ground chains installation for Dana Petroleum's Western Isles Development Project (WIDP). Installation…

IKM wins Statoil ROV job

Mar 19, 2014

IKM Subsea has been awarded a 1+1+1 year contract by Statoil for ROV drill support service. The contract includes ROV services onboard Maersk XLE 3. Maersk XLE 3 is a jackup rig to perform drilling at the Gina Krog field. 'The fact…

OMV ups west of Shetland game

Mar 19, 2014

Austrian integrated energy firm OMV has boosted its UK west of Shetland holdings after agreeing to buy four licenses in the area from Hess, including the Cambo field and the Blackrock prospect, for US$50 million.  Depending on future developments…

Visund hit for Statoil

Mar 19, 2014

Statoil Petroleum has discovered hydrocarbons in wildcat well 34/8-17 S in production license 120 in the Norwegian sector of the North Sea. The well was drilled on the north-east flank of the Visund field, in the northern part of the North Sea…

Global completion database JIP launched

Mar 18, 2014

ITF, the Industry Technology Facilitator, has started a joint industry pptoject (JIP) with Tullow Oil to establish a comprehensive, global wells and completions reliability database and is urging more operators to join the project. The…

Cairn holds back 2015 plans

Mar 18, 2014

Cairn Energy has said it is committed to its planned 2014 operations, but that spending beyond then is being looked at closely as its awaits resolution of tax issues in India. The Edinburgh-based firm says spending beyond 2014 would depend…

Juliet field hits plateau rate

Mar 13, 2014

France-based GDF Suez announced that the Juliet field in the Southern Gas Basin is now producing at its plateau rate of 80MMsqcfg/d. This is the equivalent to 400,000bbl/month. The fast track project has been executed and successfully…

Crash report lists failures

Mar 13, 2014

An inquiry into the 2009 North Sea helicopter crash, in which 16 men lost their lives, found that had three failures by aircraft operator Bond Offshore Helicopters not happened, the incident 'might' have been avoided.  The Fatal Accident…

Efficiency issues in North Sea

Mar 13, 2014

Wrench time has been highlighted as one of the key areas the UK offshore oil and gas industry needs to address to improve production efficiency levels. Average wrench time - the amount of time spent working on a mechanical project, either…

Chevron maintains upstream spend

Mar 12, 2014

Chevron’s leadership set out the oil major’s plans out to 2020 this week, including eying exploration opportunities offshore Greenland, to maintain its reserves hopper.  Chevron is planning 20% production growth, from 2.6MMboe/d in 2013…

Bibby orders to more ROVs

Mar 12, 2014

SMD has is to supply Aberdeen-based Bibby Remote intervention Limited (BRIL), part of Bibby Offshore, a further two Quasar MkII 150hp 3000m-rated work-class remotely operated vehicles (ROVs), complete with launch and recovery systems (LARs)…

Harkand moves vessel to N Sea

Mar 12, 2014

Subsea inspection, repair and maintenance (IRM) group Harkand is to position a second dive support vessel in the North Sea sector after securing a major contract with CNR International (CNRI). The contract will see Harkand deliver jacket life extension works…

Taking nodes to a new level

Mar 11, 2014

A truss node in heat treatment (Vulcan SFM). Deck, leg and truss nodes have been taken to a new level on Statoil's massive Aasta Hansteen spar development. Elaine Maslin reports. “Everything on the Aasta Hansteen project is on a different scale…

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