Aberdeen-based wellhead engineering firm Plexus Holdings has won a contract to supply equipment to what could be the highest pressure well drilling on the Norwegian Continental Shelf. The US$3.3 million contract is with Total E&P Norge for POS-GRIP wellhead systems…
Statoil has awarded Odfjell Drilling two contracts worth more than US$550 million (NOK 4.35 billion) for drilling services on its massive Johan Sverdrup field. The $14.8 billion first phase development on the field will see four, bridge-linked installations alone…
SOCAR-AQS signed a joint venture (JV) agreement with Archer Assets UK and Nobel Oil Services to establish Oğuz Drilling, a new platform drilling company in Azerbaijan, with a focus on the Caspian Sea. With support from SOCAR-AQS, Archer and Nobel Oil Services…
Afren’s Group Finance Director Darra Comyn (pictured) has resigned, effective this summer, the company announced on 12 June. The London-based, Africa-focused, explorer will now begin a search for a new CFO. Afren said Comyn will stay…
Bergen, Norway-based Rocksource has selected former Tullow Norway head, Roar Tessem, as its new CEO, following the departure of Terje Arnesen, whose exit was announced on 1 June. Tessem has 30 years’ experience within the exploration and production industry…
Lundin Petroleum successfully completed drilling two appraisal wells that encountered hydrocarbon pay in the Alta discovery offshore Norway, in the Barents Sea. The Island Innovator. Image from Island Drilling…
Statoil awarded an eight-year contract for the design and supply of production chemicals and services for the Mariner Field to Baker Hughes in the UK. Contract start date is anticipated to start in July 2015 and also includes an extension option of four years…
Another round of job cuts are on the way as Aker Solutions and FMC Technologies move to reduce their workforces in Norway. Norwegian-based Aker Solutions said on Thursday (11 June) that it notified employees at its subsea services center in Agotnes…
The Aberdeen & Grampian Chamber of Commerce released findings today (11 June) from its 22nd Oil and Gas Survey conducted in partnership with law firm Bond Dickinson, which revealed startling new numbers showing that confidence levels in the…
The global capital spending on newbuild and converted floating production storage and offloading (FPSO) vessels could reach US$8.65 billion this year, according to consultancy firm Visiongain. The largest spend will be focused on offshore…
Lundin Norway received approval from the Norwegian Petroleum Directorate to drill an appraisal well located southeast of the giant Edvard Grieg field, in the central North Sea. Map of well 16/1-23S…
Italian regulators will allow London-based explorer Northern Petroleum to conduct 3D seismic data studies at two of its wholly-owned permit areas in the southern Adriatic Sea. The approval to conduct new seismic in permits F.R39.NP and F…
Øystein Løseth has been elected as new chair and Roy Franklin as a new member and deputy chair of Statoil's board of directors. Løseth has been a member of Statoil’s board of directors since 1 October 2014 and is a member of the board’s audit committee…
Det norske installed the 8900-tonne steel jacket for its Ivar Aasen platform in the North Sea. The Ivar Aasen steel jacket. Images from Det norske. The Saipem-built jacket was lifted in place down to the seabed at 112m water depth…
Providence Resources Plc reports that 3D seismic of its Druid exploration prospect in Frontier Exploration License 2/14 in the southern Porcupine Basin, found about 220km offshore southwest Ireland in 2500m water depth, looks encouraging…