Dutch oil and gas producer Oranje-Nassau Energie (ONE) has made its first step into the UK sector by taking over operatorship of the southern North Sea Sean field. The firm says its acquisition of 50% interest in and operatorship of the…
Premier Oil has taken over 100% interest in its Solan field development West of Shetland as the project nears first oil. Premier says the Ocean Valiant rig has arrived at the Solan field and drilling of the second pair of producer-injector wells is due to start imminently…
Lloyd’s Register Consulting secured a framework agreement in risk assessment and safety studies for Statoil's Johan Sverdrup project on the Norwegian Continental Shelf. Under the agreement, Lloyds Register Consulting will provide risk…
Houston headquartered Apache Corporation has shaken up its leadership team and regional operating structure to 'streamline' the business, including creating an 'offshore' division. The move includes creating 'more integrated, super-region structures…
Houston-headquartered Endeavour International has put itself up for sale. The business, focused on the UK North Sea, says it is looking to sell all or substantially all of its North Sea oil and gas assets, with Blackstone Advisory Partners acting as financial advisor…
A milestone is about to be reached in the tidal energy industry off the cold harsh coast of Scotland. Elaine Maslin talked to the project director behind the MeyGen tidal array development. Atlantis Resources’ AR1500…
More than 5000 jobs have been lost in the UK North Sea sector and more losses are likely, the CEO of trade body Oil & Gas UK says. Deirdre Michie, Oil & Gas UK’s recently appointed CEO, told reporters during a briefing in Aberdeen that this is a challenging time for the industry…
DeepOcean has been awarded an inspection, maintenance, and repair (IMR) contract by GDF SUEZ E&P Norge (GDF SUEZ). The four-year contract covers all ROV-based IMR work for GDF SUEZ on Gjøa field and the associated subsea assets. DeepOcean…
Det norske oljeselskap received a green light for drilling an appraisal well on the Ivar Aasen field, from the Norwegian Petroleum Directorate. Ivar Aasen. From Det norske. Drilling at well 16/1-22 A…
According to the latest analysis from Wood Mackenzie capital and operating costs in the UK and Norway's upstream sectors will decrease steadily this year as operators respond to lower oil prices. Wood Mackenzie projects that the biggest reductions will come in drilling costs…
Wood Group Kenny (WGK) will provide technical advisory services for carbon capture and storage (CCS) policies, as well as potential projects across the UK, as part of a framework agreement with the Department of Energy & Climate Change (DECC)…
The Norwegian Petroleum Directorate (NPD) has granted Statoil Petroleum a drilling permit for well 6706/11-2 on the Gymir prospect. Well 6706/11-2 will be drilled from the Transocean Spitsbergen semisubmersible drilling rig after completing…
Facilities service provider Petrofac has been awarded a contract to support maintenance management system (MMS) implementation for Bumi Armada’s floating, production, storage and offloading (FPSO), the Armada Kraken. The vessel, a converted Suezmax ice-class tanker…
The mobile offshore drilling unit (MODU) market continues to weaken in 2015, reports Odfjell Drilling during its 1Q 2015 investor presentation. The North Sea rig supplier expects the weak MODU market to continue during the next couple of years…
Danish intervention specialist Welltec has entered into a technology collaboration framework agreement with Shell Global Solutions International, an affiliate of Shell, to improve existing or develop new technologies for global application in the energy industry…
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