North Energy has decided to divest the last of its Norwegian Continental Shelf (NCS) assets in order to recover from offshore tax losses amid low activity levels in the area, and the drop in oil prices. Map of PL 805…
Belgian firm GeoSea is to acquire offshore wind installation and service firm A2SEA from Denmark's DONG Energy and Germany's Siemens. A2SEA, which has been owned by DONG and Siemens since 2009, will continue to operate out of Denmark…
Norway’s Petroleum Safety Authority (PSA) has granted Statoil consent to use the Sigyn subsea facilities. Image from Statoil. The Sigyn field is in production license 072. The field contains gas…
OMV (Norge) AS has received consent from Norway’s Petroleum Safety Authority (PSA) to drill an exploration well in block 7324/8 in the Barents Sea. Island Innovator. Image from Island Drilling…
Jan De Nul Group’s offshore jackup vessel Vole au vent installed the last blade of the last wind turbine at the Tahkoluoto offshore wind farm in Finland. Vole au vent jackup. Image from Jan De Nul…
Statoil and its partners have decided to develop the Snefrid Nord gas discovery near the Aasta Hansteen field in the Norwegian Sea. The discovery, scheduled to come on stream in late 2019, will be tied back to the Aasta Hansteen development…
Statoil's Aasta Hansteen spar hull has been unloaded from Boskalis' Dockwise Vanguard heavy lift vessel and is being 'righted' in a fjord in Norway. The process in Sunnhordland will take days as tens of thousands of water are pumped to move the spar from horizontal to vertical…
BP has installed the topsides for the Shah Deniz Stage 2 quarters and utilities (QU) platform in the Caspian Sea, the supermajor announced this week, as the project inches closer to first gas in 2018. The QU platform topsides set sail…
Canadian company SNC-Lavalin Group has completed its acquisition of the UK’s WS Atkins. WS Atkins is a consultant company in design, engineering and project management, with a leadership position across the infrastructure, transportation and energy sectors…
In just two days’ time, work putting together one of the biggest and heaviest jigsaw puzzles you could imagine is due to start offshore Shetland in the UK North Sea. Mariner topsides. Images from OE Staff…
Sevan Drilling has amended the delivery deferral period for the Sevan Developer cylindrical drilling rig until 30 June 2020, effective upon receipt of US$25.3 million plus interest from Cosco (Qidong) Offshore Co. Ltd. (Cosco). Sevan says that the receipt is expected by 31 July 2017…
COSL Drilling Europe received a letter of intent (LOI) from Nexen Petroleum UK to carry out plugging and abandonment (P&A) work at the Ettrick and Blackbird fields in UK. The work, which will be conducted by the semisubmersible, COSLPioneer…
Bluestream has secured a five-year contract plus two-year extension with ONEgas, the combined business unit of Shell UK and the Nederlandse Aardolie Maatschappij (NAM) for the gas production on the Southern North Sea. Image from Bluestream…
Simple tweaks to oilfield practice could provide the offshore industry with a more sustainable, money-saving solution to health and safety, environmental and commercial threats posed by harmful bacteria in subsea oil deposits, according to…
According to latest figures from Oil & Gas UK, decommissioning is the only business area where expenditure increased last year on the UKCS, from just over US$1.2 billion (£1 billion) in 2015 to $1.5 billion (£1.2 billion) in 2016. Expenditure is expected to rise further in 2017 to around $2…