Drilling has started at the Domino-2 appraisal well in the deepwater sector of the Neptun Block offshore Romania in the Black Sea, says OMV Petrom. OMV Petrom is a partner on the block with ExxonMobil Exploration and Production Romania…
With Pieter Schelte, the figures alone are impressive: 382m-long, 124m-wide, and with a slot width of 59m, it can remove topsides up to 48,000 tonnes in a single lift, potentially revolutionizing large decommissioning projects. The new…
Norway-based AGR Holdings (AGR) is to be taken over by private equity firm Silverfleet Capital in a deal worth NOK 1,640 million (€195 million). The deal is expected to be completed on or around end of August 2014. AGR Holdings is the petroleum services division of Oslo-listed AGR Group…
Lundin Norway's first appraisal well in the Barents Sea Gohta oil discovery offshore Norway has confirmed the presence of oil and gas, says a partner on the well Noreco. Two production tests were also undertaken, the firm said today (21 July)…
Tullow Oil Norge's Lupus well, in production licence (PL) 507, in the Norwegian North Sea, is to be plugged and abandoned after failing to find hydrocarbons. The well (31/10-1), which was 35km southeast of the Oseberg Sør Field and 110km west of the island of Sotra…
Tecnitas, the marine advisory arm of international classification and verification group Bureau Veritas, has launched a major new technology simulation system for pipeline damage assessment, in collaboration with Total. Empreinte allows…
Det norske announced its 2Q 2014 financial results on 17 July. Among other financial highlights and activity, the company discussed its agreement to acquire Marathon Oil Norge for US$2.1 billion. Announced 2 June 2014, the transaction is expected to close 4Q 2014…
Kongsberg Maritime’s ‘Full Picture’ solution has been selected by Chinese and Korean shipbuilders for 13 advanced newbuild offshore vessels with a total value of NOK330 million. Dalian Shipbuilding Industry Offshore Co. (DSIC), CIMC Raffles (CIMC)…
High costs and regulatory and fiscal uncertainties could have caused a drop in exploration and deal activity on the UK Continental Shelf (UKCS), according to business advisory firm Deloitte. The firm’s Petroleum Services Group…
The 450-tonne Elettra platform deck sailed away from Rosetti Marino's Piomboni Yard in Marina di Ravenna on July 7, and on Monday 14, the deck was installed in the Adriatic Sea, 33 miles offshore Ancona, Italy. The scope of work assigned…
Subsea inspection, repair and maintenance and light construction firm Harkand has won Nexen Petroleum UK’s 2014 ROVSV inspection services work along with a longer term frame agreement. The inspection scope covers the Buzzard, Scott, Telford…
Trelleborg’s offshore operation has been awarded a substantial order for its foam buoyancy systems, for the Shah Deniz field phase 2 development offshore Azerbaijan. Contracted by oil and gas company, BP, Trelleborg will supply a buoyancy package…
UK-based Smith Flow Control (SFC) has designed a specialist pigging panel to be installed on a floating production, storage and offloading facility (FPSO) built for the use in the Goliat field, the first oilfield to be developed in the Barents Sea…
Sweden's Sandvik and Luxembourg-headquartered Tenaris have signed a new five-year strategic alliance agreement on the exclusive joint supply of corrosion resistant alloy OCTG materials and technology to the oil and gas industry. The two…
Drill floor operations on the Rowan Norway. Image from Xcite Energy. Work on the Bentley heavy oil field in the North Sea showed the significance of experimental data when unconventional fluids are expected to be transported through pipelines…