Shining lights in the offshore oil and gas industry were recognized in a black tie dinner in Aberdeen last night. Some 500 industry professionals attending the SPE Offshore Achievement Awards, which celebrates innovation, collaboration…
Statoil has found oil and gas in a wildcat well, close to the Gullfaks field in the northern part of the Norwegian Sea. The well was drilled from the Gullfaks C platform to a structure east of the Gimle field, about 7km northeast of the…
The Norwegian Petroleum Directorate (NPD) has granted consent for continued use of the subsea facilities on the Sigyn field in the North Sea from the end of 2017 until the end of 2022. In its application, operator ExxonMobil refers to current estimates…
Maersk Oil reached an agreement with the government of Denmark that will see a full redevelopment plan for the Tyra project in the Danish North Sea. Tyra East. Image from Maersk Oil. The…
RockRose Energy has agreed a deal to acquire Egerton Energy Venture's share capital, in a move which will see it take over the firm's non-operated interests in the Galahad (27.8%) and Mordred (8.33%) gas fields in the southern North Sea. RockRose…
Statoil and its partners have agreed to move forward with a US$5.92-6.51 billion second phase development of the giant Johan Sverdrup field offshore Norway at a sub-$30/bbl break even price. The cost is half that estimated, when Statoil…
Semco Maritime has signed its largest contract with Maersk Oil and Gas to date for manpower to the operations in the North Sea. “The contract, which has a duration of five years, include both blue collared and white collared employees…
Atlantic Petroleum has agreed to sell its 25% stake in the Orlando development to Decipher Energy. The project is a planned subsea tieback to the Ninian platform, operated by CNR International. Decipher Energy was set up in September…
The technology group Wärtsilä has signed a five-year technical management and services agreement with Songa Offshore for four Cat-D type semisubmersible drilling rigs operating in the North Sea. Songa Encourage…
Private equity backed UK explorer Azinor Catalyst has completed a site survey ahead of drilling on the Partridge prospect in the Outer Moray Firth in the UK North Sea. The survey was conducted by Gardline Geosurvey using its MV Sea Explorer…
Engineering house Wood Group has made a US$2.72 billion (£2.22 billion) offer for rival Amec Foster Wheeler in a move that could spark further consolidation in the market. The takeover bid comes just three years after Amec's 2014, $3…
DOF Subsea has been awarded a contract in the Atlantic region for the mooring installation of a floating production and storage offloading (FPSO) unit on the UKCS (North Sea). DOF Subsea will deploy the Skandi Skansen along with a…
Industry doyen Sir Ian Wood has kicked-off a new campaign ahead of SPE Offshore Europe 2017 to encourage previous and future visitors, exhibitors and speakers to share their experiences of the event and what they are looking forward to seeing at September’s conference and exhibition…
Premier Oil has revealed plans to drill offshore Mexico; the next phase of growth at Tolmount off the UK; and for the sanctioning of its BIGP project offshore Indonesia. Map of Block 2, Block 7 offshore Mexico…
Overall spending on the UK Continental Shelf is expected to fall 3% compared to last year, to £17 billion, as projects continue to struggle, while exploration remains at a record low, according to a new report. But, new capital investment…