Norwegian firm Det norske and BP's Norwegian business are set to cease to be from today, after a deal which will see the two firms combines is scheduled to complete. The two companies are to become Aker BP under the move. Aker BP will…
UK independent Premier Oil is resigning as operator on the UK North Sea Bagpuss joint venture effective at the end of this year. Premier will also sell its 40.1% interest to newly formed firm, Aberdeen-based Reach Halibut, subject to approval by the joint venture partners…
Initial results from the Skipper appraisal well in the UK North Sea have shown oil 'significantly' heavier than expected, but in sands with higher permeability than thought. Operator and 100% owner Independent Oil and Gas says it will now review its development strategy for the field…
Swedish headquartered oil firm Lundin says its Barents Sea Alta discovery contains up to 125-400 MMboe gross contingent resources after completing its latest appraisal well. The estimate, inline with pre-drilling estimates, comes after…
Dresser-Rand, part of Siemens Power and Gas Division, recently delivered power generation equipment for a combined cycle power plant (CCPP) for the Shell Appomattox deepwater oil and gas floating production platform. The platform will be…
Norway's Statoil says the world’s first subsea gas compression system has now been in successful operation for one year on the Åsgard field, helping increase production by some 16 MMboe. The firm says the system, installed on the field in the Norwegian Sea…
Scottish back deck machinery firm Maritime Developments (MDL) has introduced a new 110-tonne, four-track pipelay tensioner to its MDL Offshore Service business. MDL says it's the only system of its capacity readily available to take on projects worldwide…
Wood Group has established a new data analytics centre of excellence at its office in Galway, Ireland. The centre, which is supported by the Department of Jobs, Enterprise & Innovation through IDA Ireland, broadens Wood Group’s capabilities in advanced data analytics to support the oil & gas…
Denmark's Maersk Oil has started drilling on the first production well for the Culzean high-pressure, high-temperature (HPHT) development in the UK North Sea. Drilling started at 6pm on 28 September using Danish drilling firm Maersk Oil's Maersk Highlander jackup…
Trendsetter Engineering and Add Energy have teamed up to develop the Relief Well Injection Spool (RWIS), designed to enable pumping of up to 200 bbl per minute of kill mud through a single relief well utilizing multiple vessels as opposed to the conventional method of multiple relief wells…
BP is facing more setbacks for its Great Australian Bight drilling program, following a further request from Australia’s National Offshore Petroleum Safety and Environmental Management Authority (NOPSEMA) for information on the environment plan…
Global Maritime Deep Sea Mooring signed a contract with Norwegian operator Det norske oljeselskap to support Prosafe’s semisubmersible Safe Zephyrus accommodation rig in the Ivar Aasen North Sea field. The contract also includes support to…
Karoon Gas Australia entered into a binding sale and purchase agreement for Pacific E&P Corp.’s 35% equity interest in the jointly held Santos Basin exploration blocks S‐M‐1037, S‐M‐1101, S‐M‐1102, S‐M‐1165 and S‐M‐1166, offshore Brazil…
Exmar's barge-based FLNG unit, at one time meant to operate off the coast of Colombia, has completed performance testing at Wison Offshore & Marine's Nantong, China yard, the engineering firm announced on 27 September. While the deal…
Schlumberger released the GeoTesting geology-based well test design and interpretation services at the 2016 SPE Annual Technical Conference and Exhibition. GeoTesting services, built in the Petrel exploration and production software platform…