Schlumberger Oilfield UK has been awarded the contract to provide integrated drilling and well services on the Statoil-operated Mariner heavy oil development in the UK North Sea. Mariner is the largest field development on the UK Continental Shelf (UKCS) in more than a decade…
Norwegian exploration firm Statoil has made a 6-9MMboe discovery on the Krafla North prospect in production license (PL) 035 in the North Sea, according to partner Det Norske, increasing the Krafla area overall estimates to 75-143boe. The 30/11-10 well…
RWE Dea Norge is to plug and abandon its wildcat well 35/9-12 S on the Atlas prospect in production license (PL) 420 in the North Sea after it was classified dry. The well was drilled about 20km southwest of the Gjøa field in the North Sea and about 80km southwest of Florø…
Det norske oljeselskap ASA (Det norske) received consent from the Petroleum Safety Authority (PSA) of Norway for exploration drilling on the three appraisal wells in Ivar Aasen field in the North Sea. Illustration of Ivar Aasen…
The UK Government's Department for Energy and Climate Change has launched £2.5 million funding to encourage development of CO2 storage in the North Sea. The cash will help companies identify sites under the sea to store the CO2 emissions from coal and gas power stations…
Alphastrut completed a seven-figure contract with BP for its Clair Ridge project. Image from BP. The Alphastrut aluminium system was successfully installed on the BP Clair Ridge accommodation module…
Wood Group PSN (WGPSN) has said it is cutting the rates paid to its UK-based limited company offshore and onshore contract workers in response to 'cost efficiency challenges affecting the UK North Sea oil and gas sector.' In addition…
Statoil and partners are investing US$610 million in its latest fast-track project to develop the Rutil discovery that aims to extend the lifetime of the Gullfaks A platform and provide approximately 80MMboe. Ivar Aasheim…
North Sea production efficiency rates are an embarrassment, says one of the basin’s leading independent operators. Elaine Maslin reports. The UK President of oil and gas independent EnQuest has said the North Sea industry should be 'shocked…
Chevron North Sea is considering a new bridge-linked platform (BLP) on its Captain field in order to carry out an enhanced oil recovery (EOR) project, using polymers, on the field. Newly formed engineering group Amec Foster Wheeler has…
Aker Solutions is to provide engineering, construction and commissioning services for the hook-up phase of the Mariner oilfield development in the UK North Sea under a contract Daewoo Shipbuilding and Marine Engineering worth more than GBP120 million…
Oilfield services group ASCO's CEO and chairman are leaving the business, the company revealed today by announcing it had appointed Alan Brown as its new CEO. The firm has appointed former business services firm Rentokil Initial CEO Alan Brown as its new CEO…
Wood Group PSN (WGPSN) has been awarded a five year contract worth about $750million by BP for engineering, procurement and construction services on six UK continental shelf (UKCS) offshore upstream assets and the Forties Pipeline System (FPS) onshore midstream facilities in Grangemouth…
Floating production and mooring specialists SBM Offshore is cutting 1200 jobs and relocating its headquarters from Monaco to Amsterdam, the firm announced this morning. SBM said: 'In light of market conditions and in order to optimize the company's cost base…
Private equity back exploration outfit EPSI has made a NOK6/share offer for the remaining shares of Norwegian exploration firm Rocksource, valuing the firm at US$82 million. EPSI, a HitecVision VII investment, initially increased its holding in Rocksource to 33…