Marie Morkved shows how a desire to eschew ‘how we’ve always done it’ helped Maersk Oil take a different approach to well intervention – using coiled hose on its UK North Sea Balloch field. Coilhose…
While significant costs have been stripped out of the oil and gas industry, shale is fighting back. And, if the subsea industry is to survive, it will need more than just reduced costs, industry executives told the Underwater Technology Conference (UTC) in Bergen…
Where technology and collaboration can help the industry reduce the cost per barrel in a sustainable way will be a strong focus at this year’s SPE Offshore Europe, says conference chairman Catherine MacGregor, Drilling Group President, Schlumberger…
Elaine Maslin surveys some of the plugging and abandonment solutions presented at Sintef’s Experimental P&A Research for the North Sea event in Trondheim, Norway. Alexandra Bech Gjørv Plugging…
Elaine Maslin surveys a variety of floating offshore wind projects due onstream in the near future. Statoil’s Hywind project. Image from Statoil. This year, floating offshore…
Westwood Global Energy Group’s Marina Ivanova sheds light on the global offshore wind market. Source: Westwood Global Energy Group. Westwood Global Energy Group (Douglas Westwood)…
Fractured basement explorer Hurricane Energy is set to raise US$520 million to help it fund its Lancaster early production system (EPS), west of Shetland. The cash would be through a $300 million in a share placing and a further $220 million in a convertible bond offering…
BP has decided to exit its 50% interest in Block 24/11 offshore southern Angola after concluding that its 2014 Katambi gas discovery there is not commercial. Due to the exit from Block 24/11 and other exploration write-offs in Angola…
The Norwegian Petroleum Directorate (NPD) has granted Lundin Petroleum subsidiary Lundin Norway AS a drilling permit to drill a wildcat well in the Barents Sea. The company will drill well 7220/6-3 in Production License 609 using the Leiv Eiriksson semisubmersible…
Norwegian operator Statoil has released footage of the mating of its Hywind floating wind turbine towers, complete with nacelle and blades, with the spar-hull structures that will support them. The operation, carried out in a fjord, Norway…
A new cost estimate for decommissioning all oil and gas infrastructure on the UK Continental Shelf has been put at US$77.45 billion (£59.7 billion), an increase on previous estimates of US$68.79 (£53 billion). But, the Oil and Gas Authority…
Lundin Petroleum has received permission from Norway’s Petroleum Safety Authority (PSA) to drill an exploration well in the Barents Sea using the semisubmersible Leiv Eiriksson. The company will start drilling next month at Block 7220/6…
Rosneft and A. P. Moller Maersk, which owns drilling firm Maersk Drilling and oil firm Maersk Oil, as well as a huge container shipping business, are among a slew of companies across the globe hit by the Petya ransomeware virus. The virus…
Providence Resources and its partners have signed a contract for the Stena IceMAX deepwater drillship for drilling on the Druid and Drombeg prospects in the southern Porcupine Basin, offshore Ireland. Druid and Drombeg are in Frontier Exploration Licence (FEL) 2/14…
First gas has been delivered on schedule from the Cayley field, the third and final new discovery to be brought on stream during the major redevelopment of the Montrose Area in the Central North Sea under operator Repsol Sinopec Resources UK…