Less than a week after its CEO Helge Lund called for the industry to develop a Lego-approach Statoil has announced it is working with DNV GL to introduce an international industry standard for subsea process technology. Lund was speaking at the ONS 2014 exhibition and conference in Stavanger…
Norway's Magseis has been awarded a contract by Hess Denmark for seabed seismic acquisition in the southern part of the North Sea using the company’s proprietary MASS system and the Artemis Athene. The duration of the contract is estimated…
Former Centrica Energy Upstream managing director Jonathan Roger is to lead a new North Sea oil and gas exploration company backed by Blue Water Energy and Blackstone Energy Partners. Blue Water Energy and Blackstone Energy Partners…
Lundin Petroleum has started drilling exploration well 33/12-10 S on the Vollgrav South prospect, 250km west of Florø, between the Gullfaks and Statfjord fields, in production license 631. The main objective of well 33/12-10 S is to test…
From a peak of 396 in 1996, numbers of wells drilled offshore UK fell to 164 in 2013, a low not seen since 1979. Development wells were down from 289 in 1998, to 120 in 2013. Exploration and appraisal drilling, on which offshore production ultimately depends…
BG International, a subsidiary of BG Group, has signed up as the sixth major oil and gas consulting partner to Plexus Holding's on-going joint industry project (JIP). The JIP’s objective is to develop and commercialise a new and safer subsea wellhead HGSS…
An in-depth look at NOV’s closed-loop drilling automation system, which could help develop North Sea and Arctic assets. Automation is a growing force in the offshore oil and gas industry. Its potential to increase safety, optimize operations…
In advance of OE’s 2014 Global FPSO Forum, Managing Editor Audrey Leon spoke with Peter Lovie, Senior Advisor, Floating Systems for Peter M Lovie PE, LLC, and program chair for Global FPSO Forum; Arjan Voogt, MARIN USA; and Bruce Crager, Endeavor Management…
Managing the process and the power systems that serve it through a single integrated control system can cut costs while giving a much better overview of the total plant. Laya Sathyadevan explains. Managing…
Elaine Maslin examines how better data trending and a focus on key hubs could help improve ailing production efficiency rates and extend asset life on the UK Continental Shelf and beyond. NI CompactRIO…
A partner on the Laggan-Tormore project, west of Shetland, in UK waters, has said first oil is likely to be delayed from the end of 2014 to 2015. DONG Energy’s CEO Henrik Poulsen said Total, the operator of Laggan-Tormore, was reviewing…
Det norske oljeselskap's wildcat exploration well 2/9-5S on the Heimdalshø prospect found no hydrocarbons. Det norske said the well, the first in production license (PL) 494, about 30 km east of the Norwegian North Sea Valhall field…
Lundin Petroleum's latest Luno II appraisal well found oil but with lower than expected reservoir properties, leading the firm to revise down its resource estimate for the field to between 27 and 71MMboe. Lundin said the target of appraisal well 16/4- 8 S in the Luno II discovery…
This year's ONS, which ended Thursday 28 August, has seen record attendance numbers, at 91,682, without counting those visiting the event's festival in Stavanger harbour. Organisers said 30,531 visitors attended the show, at Stavanger Forum…
Operating costs have been listed as the critical “change issue” by the offshore industry, according to research at this week’s ONS 2014 in Stavanger. A Lloyd’s Register Energy survey of exhibitors at ONS 2014 revealed more than 44% of…