TELE-FONIKA Kable (TFKable) is to acquire subsea umbilicals and power cables supplier JDR Cable Systems. TFKable is a global producer of wires and cables. Both companies have a long history of collaboration, with TFKable being JDR’s business…
Centrica and Stadtwerke München have agreed to combine Centrica’s European oil and gas exploration and production business with Bayerngas Norge. The new joint venture company will be owned 69% by Centrica and 31% by Bayerngas Norge’s existing shareholders…
Statoil and partners Eni and Petoro have made a small gas discovery in the Blåmann well, between the Snøhvit and Goliat fields in the Barents Sea, despite having been looking for oil. The Songa Enabler…
Total has hired Noble Corp.'s Noble Globetrotter II to drill one well offshore Bulgaria, beginning in September. Noble Globetrotter II. Image from Noble. The contract is estimated…
Aker BP is preparing to submit plans for development and operation (PDO) for three of its projects by the end of 2017, and for the North of Alvheim and Askja-Krafla (NOAKA) project in 2018. Valhall Flank West…
The UK's The Welding Institute (TWI) has started a new project to advance the decommissioning of offshore structures thru use of remote underwater laser cutting. Over the next 30 years, some 600 fixed steel structures and 3000 pipelines will need removing from the North Sea…
Independent Oil and Gas (IOG) has been awarded a license in the Oil and Gas Authority's 2016 Supplementary Offshore Oil and Gas Licensing Round. The license, comprising Block 48/25a, includes the western part of the Vulcan North West…
Providence Resources and its partners on the Barryroe field offshore Ireland have been given a two-year license extension as the firm continues its farm-out efforts. Barryroe is in Standard Exploration License (SEL) and is operated by Providence subsidiary Exola DAC (80%)…
The Oil and Gas Authority (OGA) has offered for award 12 licenses to 11 companies, including Statoil, BP, Shell, Maersk, Apache and EnQuest in the 2016 Supplementary Offshore Licensing Round. Fourteen blocks were originally on offer in this Supplementary Round…
Lundin Petroleum's latest well on the Alta field in the southern Barents Sea has confirmed reservoir communication and qualities. Lundin is now planning a sidetrack well, which will help to plan for the drilling of a horizontal well for use as in an extended well test…
Royal Dutch Shell will exit upstream operations in Ireland with the sale of its Corrib gas field stake to a Canadian pension fund. Source: Shell The sale is part of the company’s strategy to reshape itself through a three-year…
CNR's Murchison platform removal in the UK North Sea has been completed, according to Heerema Marine Contractors, part of the Heerema - AF (HAF) Offshore Decom Consortium. Heerema Marine Contractors (HMC) and AF Offshore Decom (jointly called HAF Decom) for the full engineering…
Statoil has awarded Apply Leirvik a US$48 million (NOK 400 million) contract for the delivery of the living quarters module for the Peregrino II Platform in the Campos Basin offshore Brazil. Illustration of Peregrino II…
COSL Drilling Europe has been able to rescue to of its rigs from warm stacking this month. The company announced a new contract from Lundin Norway for the use of the COSLInnovator to drill one well, with the addition of an option of eight wells…
Noway’s Petroleum Safety Authority (PSA) has approved for Statoil to drill exploration well 7317/9-1 in the Barents Sea. The wildcat is in a prospect named Koigen Central, in production license 718, in which Statoil is the operator. Drilling will begin in August 2017 at the earliest…