Offshore Europe News - page 473


i3 Energy Spuds Liberator A2

Nov 08, 2019

Independent oil and gas company i3 Energy said it has spud the Liberator A2 pilot well following the plug and abandonment of the Serenity 13/23c-10 well.After plugging and abandoning the Serenity 13/23c-10 well as planned, the Borgland Dolphin…

PGNiG Ups Stake in Duva Field, Norway

Nov 07, 2019

PGNiG Upstream Norway bought 10 percent shares in the PL636 and PL636B licenses in the North Sea from Pandion Energy, thus increasing its ownership in the Duva field to 30 percent.Duva oil and gas field (formerly Cara) is located in the Norwegian sector of the North Sea at a water depth of 360m…

Neptune Spuds Fist Duva Well

Nov 07, 2019

Neptune Energy said it has spud the first Duva well in the Norwegian North Sea.Neptune's first discovery in Norway, Duva holds around 88 million barrels and will be developed with with two oil producers and one gas producertied back to the Neptune…

Baker Hughes Wins Subsea Deal from Apache

Nov 07, 2019

Baker Hughes announced today that Apache Corporation’s North Sea subsidiaries have awarded, through a multi-year frame agreement, a suite of subsea equipment and services including six trees, wellheads and an associated service package. This…

Cyprus Inks Deal for Offshore Gas Concession

Nov 07, 2019

Cyprus signed a 25-year concession on Thursday with a three-member consortium for the exploitation of a gas reservoir south-east of the island first discovered in 2011.The contract with Noble Energy, Shell and Delek is the first commercial exploitation licence signed by the Mediterranean island…

Dry well on Skumnisse near the Draugen field

Nov 06, 2019

OKEA completed drilling of appraisal well 6407/9-12 on the Skumnisse prospect, north-east of the Draugen field. The well will now be permanently plugged and abandoned as a dry well.The well targeted an extension of the Upper Jurassic Rogn Formation…

Equinor Reports Echino South Discovery

Nov 06, 2019

Equinor and partners ExxonMobil, Idemitsu and Neptune have discovered oil and gas in exploration well Echino South, 35/11-23, by the Fram field in the North Sea, the Norwegian Energy Company said on Wednesday. Recoverable resources are estimated…

Heerema Vessels to Tap Shore Power

Nov 01, 2019

Heerema Marine Contractors will provide its crane vessels with clean energy. By switching off the diesel generators, total emissions will be reduced by the equivalent of the annual emissions of approximately 5,000 diesel cars. Eneco will supply power from the wind farm on Landtong Rozenburg…

New Floating Wind Center Launched

Oct 31, 2019

The Offshore Renewable Energy (ORE) Catapult launched a new multimillion dollar national Floating Offshore Wind Center of Excellence to drive forward the development of next generation offshore wind technologies.The initiative is backed by up to £500…

DNO Swings to Q3 Loss

Oct 31, 2019

Independent oil firm DNO swung to a third-quarter loss amid writedowns on assets in the North Sea and northern Iraq, the Norwegian company said on Thursday.The company's third-quarter loss came in at $140.9 million from a year-ago profit of $98…

OneSubsea, Subsea 7 Win Ormen Lange Contracts

Oct 31, 2019

Schlumberger said its subsea technologies division OneSubsea has secured a frame agreement with A/S Norske Shell for an engineering, procurement, construction and installation (EPCI) contract for the supply of a subsea multiphase compression system for the Ormen Lange field in the Norwegian Sea…

Siccar Point Lures Bids from Majors, PE Funds

Oct 31, 2019

Bids for North Sea oil and gas firm Siccar Point, backed by private equity groups Blackstone and Blue Water Energy, are due on Nov. 7 and are likely to target specific assets rather than the whole company, four industry sources said.The list…

Lundin Petroleum's Q3 Beats Forecast

Oct 31, 2019

Swedish oil firm Lundin Petroleum , a partner in Norway's giant Sverdrup oilfield, posted a smaller-than-expected decline in third-quarter earnings on Thursday, while raising output forecasts and cutting capital spending guidance.Earnings before interest…

Equinor Awards Hywind Tampen Contracts

Oct 31, 2019

Norwegian energy company Equinor today, on behalf of the Gullfaks and Snorre partners, signed contracts totaling around NOK 3.3 billion ($358.6 million) for the Hywind Tampen wind farm development.The contracts have been awarded to Kværner AS…

Serica to Drill Columbus Development Well

Oct 31, 2019

Maersk Drilling said it has entered into a contract with Serica Energy UK Ltd. to drill a subsea development well at the Columbus Development in the Central part of the UK North Sea. The contract value is $8 million.The contract is expected to commence in the fourth quarter of 2020…

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