Latest News - page 1843


Kraken production ramps up

Nov 30, 2017

EnQuest says its Kraken field is on track to reach 50,000 bo/d gross in the first half of 2018 after achieving month on month production growth since coming on stream June this year. Armada Kraken FPSO Early this month…

Siem ends sale talks with Subsea 7

Nov 29, 2017

Norway-based Siem Offshore has ended talks with Subsea 7 over a possible sale Siem Offshore Contractors (SOC), and will continue to operate SOC, Siem reported today (29 November). The company had entered into discussions with Subsea 7…

Frigstad issues tender for new semi

Nov 29, 2017

Frigstad Offshore reported Tuesday (28 November) that it had initiated a tender process with shipyards in Asia to price a new generation harsh environment semisubmersible drilling rig. The Frigstad D90TM AWD design has been developed over…

Beach acquires Ironbark interest, option

Nov 29, 2017

Australia-based Beach Energy will farm into two adjoining permits in the Carnarvon Basin offshore Western Australia that contain the gas-condensate prospect Ironbark. Ironbark map. Source: Cue Under the agreement…

Statoil to open integrated operations center

Nov 29, 2017

Statoil plans to establish next year a new onshore integrated operations center (IOC) that will help increase safety, add value and reduce emissions from its the Norwegian Continental Shelf (NCS) fields. By establishing the IOC, Statoil…

Hess completes Equatorial Guinea sale to Kosmos

Nov 29, 2017

Hess Corp. has completed the sale of its interests in offshore Equatorial Guinea to Kosmos Energy and Trident Energy for US$650 million. Hess’ exit from Equatorial Guinea comes after nearly two decades of operations at the Ceiba field and Okume complex…

OMV spuds Iris/Hades (Aerosmith)

Nov 29, 2017

OMV has spudded the Iris/Hades (Aerosmith) exploration well on the Halten Terrace in the Norwegian Sea, says partner Faroe Petroleum.  Exploration well, 6506/11-10 (Faroe 20%) in license PL644/PL644 B, is being drilled about 200km offshore using the Deepsea Bergen semisubmersible…

Independent Oil and Gas gets Harvey extension

Nov 29, 2017

UK focused Independent Oil and Gas (IOG) has been given a two-year extension on its Harvey license in the North Sea and says it plans to drill on the license by September 2019. The Oil & Gas Authority has extended the initial term for license P2085 to 20 December 2019…

North Sea decom scale highlighted

Nov 29, 2017

Nearly 350 fields are expected to be decommissioned between now and 2025 across the UK, Norwegian, Danish and Dutch sectors of the North Sea, with the majority of them in the UK, a report released today predicts.  The figures were revealed…

Statoil awards battery contract for Hywind Scotland

Nov 28, 2017

Statoil has awarded a contract to Younicos, a provider of smart energy and grid solutions based on battery storage, to deliver a 1MW battery system that will be connected to Hywind Scotland, the world’s first floating wind farm. The purpose of the battery storage solution project…

CDC set to commercialize its multi-purpose jackup design

Nov 28, 2017

Multi-purpose vessel designer CDC Scotland is set to commercialize its first vessel design through Dutch firm OOS Energy, part of OOS International.  OOS Energy, which is also building two semisubmersible crane vessels, is planning to build two units…

Well-Safe picks Port of Dundee as marine base

Nov 28, 2017

New Aberdeen-based subsea well abandonment firm Well-Safe Solutions has picked the Port of Dundee as its onshore marine base, it announced at the Offshore Decommissioning Conference in St Andrews today.  Well-Safe has secured two acres of quayside facilities with access to 40…

BSEE approves Eni's Beaufort Sea drilling plans

Nov 28, 2017

The US Bureau of Safety and Environmental Enforcement (BSEE) has approved Eni’s drilling plans for the Beaufort Sea offshore Alaska. US Arctic offshore Source: BSEE The Italian-based exploration…

Port of Cromarty gets decommissioning permit

Nov 28, 2017

The Port of Cromarty Firth has become the first port in Scotland to be granted a decommissioning Pollution Prevention Control Permit by the Scottish Environment Protection Agency (SEPA) under the latest environment legislation, it has said…

Weizhou 12-2 phase two online

Nov 28, 2017

CNOOC's Weizhou 12-2 phase II project started production, the company announced today (28 November). The Weizhou 12-2 phase II project is in Beibu Gulf in the South China Sea with an average water depth of approximately 35.7m. The project…

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