Marathon Oil is due to spud an exploration well on the Key Largo prospect, on Walker Ridge Block 578, Gulf of Mexico, in Q3. It will be the first well drilled with a new-build deepwater drillship. Marathon Oil is operator and holds a 60% working interest in the prospect…
GDF Suez E&P UK has renewed its Integrated Services Contract (ISC) with Petrofac. The contract covers operations, maintenance and engineering services support to GDF SUEZ E&P UK throughout its operations in the UKCS, including Cygnus, the…
National Grid Carbon Limited (NGC) has awarded the multi-million pound front end engineering and design (FEED) contract for its carbon capture and storage pipeline to oil and gas engineering firm Genesis (a Technip subsidiary). Genesis…
Aibel has been awarded a framework agreement by Marathon Oil Norge for the supply of front end engineering design (FEED) and study assignments. The first assignment has already been specified - a study to clarify upgrade solutions on the floating production…
Serica Energy has completed a farm out on UK East Irish Sea Blocks 113/26b and 113/27c (License P.1482) with Centrica, through its subsidiary Hydrocarbon Resources Limited (HRL). Under the agreement, HRL has acquired an operated 45% interest in the license…
BW Offshore has agreed a US$800 million, 10-year credit facility for the Catcher floating production, storage and offloading project. The facility is a combined construction and long term financing facility. The credit facility was substantially…
The HelWin Beta platform, on its way out to sea. Photos from HFG. The North Sea is set to continue to provide work for fabricators for 10-20 more years, says Heerema Fabrication Group’s CEO…
The Dutch have long dominated the heavy lifting market, especially offshore, and the country’s domination looks set to continue. Earlier this year, Allseas announced plans to build a new vessel that will top by 50% the capacity of its already enormous Pieter Schelte…
A think-tank focused on boosting Scotland’s economy has called for the new oil and gas regulator and industry taxation decision-makers to be based in Aberdeen, not London or Edinburgh. Ahead of a referendum on Scottish independence,…
Anthony Onukwu, SPE Aberdeen chairman. SPE Aberdeen chairman Anthony Onukwu reflects on society’s impact on the North Sea oil and gas industry as the Aberdeen section celebrates its 40th anniversary…
Norway’s Electromagnetic Geoservices (EMGS) received an agreement worth US$4.3 million for multi-client data offshore the Faroe Island. The agreement includes both late sales of the existing multi-client dataset, the Brugdan-Rosebank…
Ingrid Sølvberg, director for the Norwegian and Barents seas, Norwegian Petroleum Directorate. Photo from UTC. Challenges to produce new areas, like the Barents, and extend the life of more mature regions…
The Cygnus Alpha wellhead platform during installation offshore. Photo from GDF Suez E&P. A new impetus to explore the UK North Sea could help to unlock some of the basins’ underexplored plays…
ENI’s Goliat FPSO. Image from ENI Norge. Offshore lifting combines heavy offshore assets with detailed analysis and product care. Elaine Maslin found out more at the North Sea Offshore Crane and Lifting Conference…
Sander Vergroesen, IRO’s managing director Dutch offshore suppliers are innovating to keep ahead, providing solutions in ever deeper and colder waters globally. IRO’s Sander Vergroesen spoke to Elaine Maslin…