The Russian-led Nord Stream 2 gas pipeline company expects to receive approval from Danish authorities for a 180-km stretch of the pipeline under the Baltic Sea in time to finish the pipeline by the end of 2019 as planned, a spokesman said on Monday…
The UK Oil & Gas Authority (OGA) has made significant headway on projects aiming to support the energy transition alongside the core role of maximizing economic recovery of UK oil and gas, and it has now taken these efforts a step further.The OGA announced this week it has secured a £900…
Independent oil and gas company i3 Energy said Boslkalis' marine survey subsidiary Gardline is performing a site survey for its 2019 and 2020 drilling program at the Liberator development and Serenity prospect, as well as the pipeline route for its Liberator Phase I development offshore the UK…
Semi-submersible accommodation vessel owner and operator Prosafe said it has reached an agreement with Norwegian focused exploration and production company Aker BP to restructure the remaining seven one-month options for the Safe Scandinavia…
The two final platform topsides have been installed at the Johan Sverdrup oil field in the North Sea, about 140 kilometers west of Stavanger, Norway, operator Equinor announced Friday, marking a key milestone toward first oil expected in late 2019…
Danish based offshore project and engineering company Semco Maritime said on Thursday it has been awarded an engineering, procurement, construction and installation (EPCI) contract with Total as part of the Tyra Redevelopment Project in the Danish North Sea…
Energean trimmed the top end of its 2019 production forecast after facing delays at its Epsilon well in Greece, the oil and gas producer said on Thursday.Energean expects to produce between 5,000 and 5,500 barrels of oil per day in 2019, compared to its earlier outlook range of between 5…
North Sea focused oil producer EnQuest on Thursday committed to continue efforts to cut its $1.77 billion debt this year after reporting a jump in full-year profits on the back of increased production.Chief Executive Amjad Bseisu said, 'We are committed to further reducing our debt…
Engineering firm 4Subsea said it has acquired Astori, a Norwegian provider of subsea control systems for well intervention operations.Astori delivers subsea control systems for simplified XT installations that can operate all types of XTs from all main vendors…
Exploration and production companies in the UK offshore oil and gas sector will need to invest £200 billion in existing operations and new opportunities to sustain the next generation of productive life, according to a recent industry report…
Solstad Offshore announced Wednesday that Norwegian operator Aker BP has taken a pair of large platform supply vessels (PSV) on 12-month charter under a frame agreement announced earlier this month.The 2011-built Normand Arctic and 2013-built…
The Ekofisk oilfield in the North Sea will undergo planned maintenance in June, two industry sources said on Wednesday.The work, which will reduce supply of Ekofisk crude, will start on June 2, one of the sources said. Ekofisk is one of the…
Norway's regulations allowing oil and gas companies to claim refunds for exploration spending do not constitute state aid, the European Free Trade Association Surveillance Authority (ESA) said on Wednesday.'Having scrutinized it on the basis of a comprehensive complaint…
Offshore operator Spirit Energy announced Tuesday that it started oil production on the Oda field in the southern part of the Norwegian sector of the North Sea on March 16, nearly five months ahead of schedule.The Oda field, discovered by Spirit Energy in 2011…
UK focused exploration and production company Siccar Point Energy announced Tuesday it has has commenced its 2019 offshore drilling campaign with the spudding of an exploration well at the Blackrock prospect West of Shetland.The campaign, using…