Norway’s Petroleum Safety Authority (PSA) has begun an investigation of a well control incident on the Visund field on 17 March 2016 that caused Statoil to put a halt to production and evacuate workers in the North Sea. Visund…
UK-based independent has now cut US$425 million off its North Sea Kraken heavy oil development budget as it looks to continue reining in costs. After initially shaving $300 million, or about 10%, off the project's original $3.2 billion costs…
Chevron's North Sea Erskine field production has been temporarily suspended during maintenance work to remove a pipeline blockage, according to partner Serica Energy. Erskine. Image from Chevron…
The Petroleum Safety Authority of Norway (PSA) has given orders to Statoil to make improvements at the Gudrun platform in the North Sea, following an investigation of one of the largest hydrocarbon leaks on the Norwegian Continental Shelf that occurred more than a year ago…
North Sea producers have been given a tax break in the UK Government's 2016 Budget, announced today. Amid falling oil prices, high costs and falling production, Chancellor George Osborne had already made some tax reductions and created…
Petrofac is supporting Tullow Oil on its decommissioning program for the Horne and Wren platform in the Southern North Sea. The role sees Petrofac, which has been duty holder on the platform for more than 10 years, move into well plugging and abandonment operations on the field…
UK-based subsea inspection, repair and maintenance (IRM) firm Harkand has been awarded a multi-million pound contract with Maersk Oil to deliver subsea support services. The contract includes a commissioning support campaign for the Flyndre…
Emerson Process Management has been awarded a contract to automate the Maersk Oil Culzean gas field development in the North Sea. Image of Culzean, from Maersk. Emerson will provide…
Petrofac has been appointed as duty holder to support UK joint venture Anasuria Operating Co. (AOC) to take over operatorship of Anasuria cluster in the North Sea. Anasuria Operating Co. is a joint venture company formed between Hibiscus Petroleum Berhad and Ping Petroleum…
Oilfield services firm Petrofac has been appointed duty holder on the Anasuria cluster, in the UK North Sea. The role is in support of the Anasuria Operating Company (AOC), a UK joint venture formed between Hibiscus Petroleum Berhad (Hibiscus) and Ping Petroleum (Ping)…
Atlantic Petroleum has agreed to sell its Norwegian activities to M Vest Energy - a company partly owned by Atlantic's existing management. The Norwegian activities include all of Atlantic's assets and licenses, the liabilities of the licenses…
Det norske oljeselskap has gained approval from the Norwegian Petroleum Directorate (NPD) for a drilling permit for well 16/1-26 S, which is part of the Ivar Aasen field, in the North Sea. Well 16/1-26 S will be drilled from the Maersk…
UK North Sea industry trade body Oil & Gas UK set out a string of tax change proposals which it says could help boost the ailing industry’s competitiveness and investors confidence. The calls for urgent tax reform follow the trade association’s latest activity report…
Oceaneering International has been awarded an eight-year contract by Statoil. The agreement is to provide two work class electric remotely operated vehicles (ROVs) for Statoil’s CAT-J Platforms in the North Sea. The new ROVs are currently being built in-house and called the eNovus…
The UK's new regulator, the Oil and Gas Authority (OGA), has launched a competition linked to future exploration licensing rounds in order to stimulate further offshore oil and gas exploration activity in the United Kingdom Continental Shelf (UKCS)…
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