North Sea News


Ithaca Energy buys Valiant

Mar 01, 2013

North Sea independent exploration firm Ithaca Energy has agreed a deal to buy fellow London AIM-listed explorer Valiant Petroleum.Ithaca said the deal, which values Valiant at about $309million, would establish it as “a leading mid cap North…

North Sea news

Feb 28, 2013

News from the North Sea from Bridge Energy, Faroe Petroleum, Lundin Petroleum and E.ON.Transocean Arctic will drill the Amol prospect (Image: Petroleum Safety Authority of Norway)Bridge EnergyJunior North Sea explorer Bridge Energy has said…

Rising investment – and costs – in UKNS

Feb 26, 2013

Investment in North Sea oil and gas production has been predicted to top a 30 year high - but cost per barrel has risen five-fold in the past decade, according to analysis by the industry.Malcolm Webb, chief executive of Oil & Gas UKOil & Gas UK…

CB&I awards Norwegian Sea project

Feb 19, 2013

CB&I announced that it has been awarded a project valued in excess of US$180 million by Hyundai Heavy Industries Co., Ltd. (HHI). CB&ICB&I's scope of work, which will commence in the first quarter, includes detailed engineering design…

DSME, Aker net Dagny topsides

Feb 18, 2013

Topsides deal worth approximately NOK 6.1 billionDagny field illustration, with the Sleipner field in the background. (Image: Statoil)Statoil and its Dagny partners Total and Det norske chose Daewoo Shipbuilding & Marine Engineering to design and build topsides for North Sea platform…

Archer secures Heimdel contract

Feb 12, 2013

Archer to provide P&A services for Statoil Image: ArcherArcher Ltd., a global oilfield service provider headquartered in Bermuda, has secured a contract with Statoil for the permanent plugging and abandonment of 12 gas wells on the…

Heerema to construct Dagny jacket

Feb 07, 2013

The North Sea-bound jacket weighs 16,000 tonsDagny Jacket (Image: Heerema Fabrication Group)Heerema Vlissingen to set another record breaking fabrication project of the largest launch jacket ever built at HFG Heerema Fabrication…

Ogna wildcat spudded

Feb 01, 2013

Lundin Petroleum spud its Ogna exploration well, in PL453S, off Norway. Drilled by the Maersk Guardian, the wildcat will target hydrocarbons in the upper to middle Jurassic reservoirs of the Ogna prospect, located 65km northeast of BP’s Ula field in the southern North Sea…

Skarv start-up

Feb 01, 2013

BP is celebrating production from the Skarv field in the Norwegian Sea. CEO Bob Dudley called the start-up a “key operational milestone” for the supermajor. The Skarv development includes an FPSO (pictured), five subsea drilling templates, and a 26in diameter…

EnerMech

Feb 01, 2013

Aberdeen-based EnerMech announced plans for a new base in Bergen, Norway. The facility is part of the mechanical engineering firm’s US$4.8 million investment in its Scandinavian business. “This [facility] will give us access to Norway’s largest…

Ocean Installer and McDermott International

Feb 01, 2013

Ocean Installer and McDermott International struck an alliance to pursue and execute North Sea rigid pipelay projects. The new partnership paves the way for a more permanent relationship. Along with Ocean Installer’s expertise and North Sea organization…

Aker doubles Aasta work

Feb 01, 2013

Aker to supply Aasta subsea production system SPAR platform on the Aasta Hansteen fieldAker Solutions has signed a contract with Statoil for the supply of a subsea production system for the Aasta Hansteen field development project on the Norwegian Continental Shelf…

Subsea 7 unveils Seven Viking

Jan 30, 2013

New next gen IMR vessel heads for North Sea Seven Viking IRM vesselThe cutting edge Seven Viking vessel, designed for operations in the harshest environments is being unveiled and named at a ceremony in Stavanger, Norway, by Subsea 7…

Valhall in production

Jan 29, 2013

BP starts production at Valhall redevelopment Valhall field (Photo: BP)Production has begun at BP's Valhall redevelopment project in the southern portion of the Norwegian North Sea, the supermajor announced on 28 January 2013. BP Group…

Subsea 7 wins Fram bundle

Jan 21, 2013

Shell picks Subsea7 for Fram pipeline bundleFram field set up (Photo: Shell)Shell has awarded Subsea 7 a $135 million contract for work on its Fram oil and gas development in the central North Sea.Subsea 7 will handle the engineering…

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