Statoil Petroleum has made a gas discovery in wildcat well 7220/2-1 on the Isfjell prospect in production licence 714. The well, the first in PL714, was drilled in about 429m water depth, using the Transocean Spitsbergen semisubmersible drilling rig (pictured)…
Faroe Petroleum has completed the acquisition of a 53.1% operated interest in the Schooner field and a 60% operated interest in the Ketch field in the UK southern North Sea gas basin from Tullow Oil. Both fields are in Blocks 44/26a and 43…
Petrofac’s Offshore Projects & Operations business unit has been awarded a major reimbursable contract on the UK Continental Shelf. In the central North Sea, Petrofac has been selected to provide engineering and construction support…
Through water communication and positioning technology firm Nautronix has secured an order to supply NASNet, an underwater positioning system, to Subsea 7. The system will be used on Statoil's Aasta Hansteen field, in the northern Norwegian Sea…
In 2014, decommissioning spending on the UK Continental Shelf (UKCS) will reach approximately US$1.6 billion (£1 billion) for the first time in a single year, according to data published 9 October. The data, gathered from 28 UKCS operators…
Wärtsilä signed a joint development agreement with Indonesian national energy company Pertamina and waste utilization company Godang Tua Jaya on 8 October with the intent to create the first bio-LNG plant in Indonesia. Wärtsilä Oil &…
MPX North Sea's exploration well 9/14a-15a on the Aragon prospect in the North Sea is to be plugged and abandoned after the reservoir was found to be water bearing. Drilling and open hole logging operations were completed on the well…
UK exploration independent Enegi says the Phoenix discovery in the central North Sea is a viable candidate for its marginal field initiative. Phoenix, in Block 22/12b, was operated by Apache. In 2010, Apache, drilled the 22/12a-12 appraisal well…
ENI-owned Saipem, UK-based Xodus Group and Japan's Chiyoda Corporation have joined forces to create a new joint venture, Xodus Subsea, focusing on subsea engineering. Xodus Subsea - which will stand alone from the three companies with its own resources and assets - will provide studies…
Subsea Expo 2015 has issued its call for speakers. The conference, organizer Subsea UK’s flagship event, will be held at the Aberdeen Exhibition and Conference Centre during 11-13 February 2015. Speakers subjects have been announced,…
Iona Energy UK Ltd. finalized agreements with CNR International Ltd. for the off-take arrangements for the Orlando field development located in the UK northern North Sea. Map of the Orlando and Kells developments…
DeepOcean UK completed work on the Liwan 3-2 development offshore China. The project is part of the Liwan gas project, located 300km southeast of the Hong Kong, and includes the Liuhua 34-2 and Liuhua 29-1 fields. All three fields share a subsea production system…
Watch as the 16,000-tonne steel jacket is installed on Total’s Martin Linge development located approximately 180km west of Bergen in the Norwegian sector of the North Sea. The eight-legged jacket left the Verdal yard for the…
Baker Hughes Inc. issued the September 2014 international rotary drilling rig count today, showing a total of 1323 rigs operating internationally in September 2014, outside of the US & Canada. The worldwide rig count for September 2014 was 3659…
Houston-based exploration and production independent Endeavour International appointed a consultancy firm and recruited a chief restructuring officer. The firm, which has assets in the US and North Sea, has been struggling with debt and…