Global drilling giant Transocean has announced a string of new contracts and the start of its newbuild drillship Deepwater Proteus on contract. The firm has also stacked six rigs, taking its total number of currently stacked rigs to 28…
Ithaca Energy's floating production unit, the FPF-1, has set sail from the Remontowa shipyard in Gdansk after completing a required inclination test. The vessel has been moved to a deepwater location offshore Gdansk to undertake final marine system trials over the course of next week…
Fluor Corp. company Stork, was awarded a two-year fabric maintenance and asset support services contract by Repsol Sinopec Resources UK across six of their North Sea assets. Fluor booked the undisclosed contract award in Q2. Stork will…
UK independent Zennor Petroleum has drilled a successful appraisal well on the Finlaggan gas condensate accumulation in the UK North Sea. Finlaggan is in license P2013, in Block 21/5c, awarded in the 27th licensing round to Zennor. The Finlaggan discovery was made by ConocoPhillips in 2005…
Premier Oil spudded the Bagpuss heavy oil exploration well in the Moray Firth in the UK North Sea on 18 July, using the Ocean Valiant drilling rig, says partner North Sea Energy. Drilling results are expected in early August. The well…
Subsea connector specialist, First Subsea, has supplied a relatchable bend stiffener connector to NOV Completion & Production Solutions for a flexible production riser for Statoil’s Gina Krog, turret moored, floating storage and offloading vessel in the Norwegian North Sea…
Well intervention focused firm Helix Energy Solutions Group says it is expecting to see an improvement in activity in the second half of the year, after posting a US$10.7 million Q2 loss ($2.6 million loss in Q2 2015). The firm said its well intervention revenues increased 30% in Q2 of 2016…
Aberdeen firm EC-OG (East Coast Oil and Gas Engineering) has secured more than £1 million of external investment from Castle View Ventures and the Scottish Investment Bank, the investment arm of Scottish Enterprise. The investment follows the announcement of a £1…
ENGIE E&P Norge has spudded the Cara exploration well in PL 636 Cara in the Norwegian northern North Sea. The well is 35km offshore and approximately 6km from the Gjøa field in about 350m water depth. The well, being drilled using the Transocean Arctic semisubmersible drilling rig…
Nearly 400 members of Unite and RMT unions working for Wood Group across eight Shell oil and gas platforms in the North Sea will be striking for the first time in a generation in a dispute over 30% pay cuts and changes to allowances, the Unite and RMT unions announced on 18 July…
EnQuest and Delek Group have signed a non-binding memorandum of understanding (MoU) to farm out 20% interest in the Kraken heavy oil development in the UK North Sea. The area is located in Blocks 9/2b and 9/2c in License P1575, approximately 350km northeast of the city of Aberdeen…
DONG E&P Norge is divesting its shares of five Norwegian oil and gas fields to Faroe Petroleum in a US$70.2 million deal, as Faroe moves to raise $81 million (£60.8 million) to fund the acquisition, as well as accelerate its Brasse discovery towards development…
Senior Centrica Energy executive and former ConocoPhillips executive Colette Cohen is to lead Aberdeen's new Oil & Gas Technology Centre (OGTC). The organization, backed by industry stalwart Sir Ian Wood's Wood Foundation, is setting…
Norwegian independent Det norske is gearing up for imminent offshore module installation works on its Ivar Aasen development offshore Norway this month. The firm, which is due to become part of new firm Aker BP, says the the project is on time and budget with planned start-up in Q4…
UK explorer Independent Oil and Gas (IOG) is due to spud an appraisal well on the Skipper oil discovery next week. The Skipper prospect, 100% owned by IOG, is in Block 9/21a in license P1609 in the northern North Sea. IOG says success of the well would be 'transformational' for the company…