There has been much uncertainty in recent years around the tax relief available to companies as part of the decommissioning process, as a result of a constantly changing UK tax regime. Oil and gas companies have commonly been required…
Statoil and its partners submitted an amendment to the plan for development and operations (PDO) for the Gullfaks license to the Ministry of Petroleum and Energy for phase 1 of the Shetland/Lista development. Investment costs are estimated at some US$114…
Independent Oil and Gas (IOG) has started discussions with potential floating production, storage and offloading (FPSO) vessel providers for its UK north Sea Skipper development. The firm, which recently agreed to acquire 50% of the Skipper license from Alpha Petroleum…
Exploration and appraisal activity in the North Sea doubled in the opening three months of the year following the UK Chancellor’s industry tax cut, new figures reveal. Data published by the Department for Energy and Climate Change (DECC)…
Norwegian oil firm has marked the start of construction work on the Johan Sverdrup development project - labelled the biggest industrial project in Norway for decades to come. Work started at Kværner in Verdal, Norway, today (Monday 29…
Lundin Norway commenced the drilling of its second Alta appraisal well in the Barents Sea South, and the drilling of an appraisal well on the Edvard Grieg field in the Norwegian North Sea. Drilling has also commenced on the partner-operated…
Supermajor BP is a step closer to starting up its US$7 billion (£4.5 billion) west of Shetland Clair Ridge development after a major heavy lifting installation campaign. BP, with partners ConocoPhillips, Chevron and Shell, oversaw the…
Wood Group has entered into a US$250million agreement with Antin Infrastructure Partners (Antin IP) to provide operating services for the Central Area Transmission System (also known as CATS) in the North Sea for up to 10 years, subject to certain regulatory and other consents…
UK-based subsea inspection, repair and maintenance sector firm Harkand has started work with Premier Oil supporting the Solan field development, West of Shetland. Harkand's multi-purpose service vessel Siem Spearfish, which is on long-term charter to Harkand…
Sweden's Alfa Laval has won an order to supply its Framo pumping systems to the Johan Sverdrup field development in the Norwegian North Sea. The order, booked in the Marine & Offshore Pumping Systems segment, has a value of approximately SEK 200 million (US$24…
Swedish headquartered Lundin Petroleum has started spinning two drill bits on the Norwegian Continental Shelf - on Alta, in the Barents Sea, and one on the Edvard Grieg discovery, in the Norwegian North Sea. Both are appraisal wells.…
Suncor Energy Norge's Niobe exploration well has been classified as a dry well, according to the Norwegian Petroleum Directorate. The well, 25/10-13 S, in production licence 571, was drilled in 119mm water depth, in the central part of…
Optimus Seventh Generation, an Aberdeen-headquartered behavioral change consultancy, has strengthened its safety portfolio by securing its first decommissioning contract in a six-figure agreement with a major North Sea operator. The four-month contract…
Subsea connector specialist First Subsea is supplying a relatchable bend stiffener connector to NOV Completion & Production Solutions for a flexible production riser for Statoil’s new Gina Krog, turret moored, floating storage and offloading vessel in the Norwegian sector of the North Sea…
The Norwegian Petroleum Directorate granted Wintershall Norge a drilling permit for exploration well 10/4-1 in the North Sea. Well 10/4-1. From NPD. 10/4-1 is located in production license 734…