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Technip wins Glenlivet subsea contract

Feb 24, 2015

Total E&P UK has awarded Technip an additional scope for the parallel development of the Glenlivet field close to the Edradour subsea development, about 75km northwest of Shetlands in the UK North Sea. The Glenlivet scope includes:     fabrication and installation of 12in…

Aibel snatches Johan Sverdrup contract

Feb 24, 2015

Statoil and its Johan Sverdrup partners awarded Aibel a US$1 billion contract for the engineering, procurement and construction for the deck of the drilling platform on the Johan Sverdrup field.  Johan Sverdrup field…

Companies tackle high costs at IP Week

Feb 24, 2015

Escalating cost facing the global upstream sector was a recurring theme in presentations on the challenges facing new E&P developments during IP Week in London in mid-February. Meg Chesshyre reports.  An aerial view of the Laggan-Tormore development…

Oil & Gas UK paints bleak picture

Feb 24, 2015

Oil & Gas UK’s new report on offshore exploration, investment and production provides striking evidence of how rising costs, taxes and inadequate regulation have taken their toll on the UK industry’s international competitiveness. The…

Technip, Farstad sign subsea vessel LOI

Feb 23, 2015

Farstad Shipping ASA signed a letter of intent (LOI) with Technip regarding utilization of the subsea vessel Far tbn Sleipner. The agreement is to secure the vessel for a period of 11 months, divided into two fixed periods. Including mobilization and demobilization…

AGR wins Lukoil software contract

Feb 23, 2015

Lukoil Overseas North Shelf AS awarded AGR a US$131,000 contract for its well intelligence software solution, iQx. AGR’s iQx software is designed to simplify and increase efficiency of the planning and execution of drilling wells.…

Talisman gets Snømus approval

Feb 23, 2015

The Petroleum Safety Authority Norway granted Talisman Energy Norge AS consent for exploration drilling of well 15/12-24 at the Snømus prospect. Image of the Maersk Giant jackup. From Maersk. The well is located in production license 672…

Atlas Copco opens expanded custom engineering workshop in Hemel Hempstead

Feb 23, 2015

Middle East orders are driving growth and filling newly built capacity at Sweden headquartered Atlas Copco’s newly upgraded and expanded UK systems facility. Atlas Copco Compressors’ largest ever UK designed and built custom engineered package…

Statoil ups Vøring area stakes

Feb 23, 2015

Statoil has agreed to buy stakes in production license 602, close to the Aasta Hansteen development project, in the Norwegian Sea from Norwegian exploration firm Rocksource and Faroese explorer Atlantic Petroleum.  Statoil will take Rocksource’s 10% stake in PL602 and 2…

Oseberg opens up opportunities

Feb 23, 2015

Statoil is eying further opportunities in the Oseberg area after bringing its tenth fast-track portfolio project, the 77 MMboe recoverable Oseberg Delta 2, onstream. Oseberg Delta 2 is a two-template, 14km-long subsea tieback from the Delta terrace to the Oseberg Field Centre…

BP to shoot Atlantis

Feb 23, 2015

BP has brought forward its deployment of Aberdeen-based Return To Scene's R2S Visual Asset Management (VAM) spherical photographic capture of its Atlantis facility in the Gulf of Mexico (GOM).   The R2S photographic team is already on site in the US with project completion…

Hope for Arctic oil yet?

Feb 23, 2015

According to the United States Geological Survey, the area above the Arctic Circle holds approximately 90 billion barrels of undiscovered, technically recoverable oil and an estimated 1,670 trillion cubic feet (Tcf) of technically recoverable natural gas…

Noble suspends Israel investments, expansion

Feb 20, 2015

Noble Energy is suspending any further investments in the expansion of Tamar, and initial development of Leviathan until regulatory issues are resolved with Israel. Image of the Tamar field. From Delek…

US issues proposal on Arctic drilling regulations

Feb 20, 2015

The US Bureau of Safety and Environmental Enforcement (BSEE) and the Bureau of Ocean Energy Management (BOEM) released proposed regulations for exploratory drilling activities on the US Arctic Outer Continental Shelf (OCS) concerning  exploratory…

Man overboard at Barents Sea's Goliat

Feb 20, 2015

The Petroleum Safety Authority Norway is investigating a man-overboard incident from the Scarabeo 8 ultra deepwater semisubmersible on the Eni-operated Goliat field in the Barents Sea. Image from Saipem…

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