Tullow Oil is moving to get its Jubilee project offshore Ghana on track by year-end, as it firms up plans to divest all of its Norwegian assets by 1H 2017. Image from Tullow. “We…
Repsol Sinopec Resources UK Ltd. (formerly Talisman Sinopec Energy UK) has exercised options to extend the charter of the Safe Boreas accomodation vessel by 44 days. In mid-March 2016, the Safe Boreas started a 245-day firm operational period at Montrose A in the UK sector of the North Sea…
James Fisher Subsea (JF Subsea), a division of James Fisher Marine Services (JFMS), has reduced inspection downtime to 2% for Shell UK, through use of asset-based remotely operated vehicles (ABROVs) on oil platform inspection programs in the North Sea…
Irish independent explorer Providence Resources has lost a Supreme Court application to appeal a decision which meant it was unable to recoup costs from a drilling campaign in 2011/12. Providence wanted to appeal a UK Court of Appeal…
Subsea services firm Bibby Offshore has completed one contract and has started a second for Shell on the major's Corrib gas field, offshore Ireland. The first contract, completed in June , saw Bibby Offshore’s construction support vessel…
Sweden's Vattenfall has won the tender to build Danish Kriegers Flak, a 600 MW offshore wind farm in the Baltic Sea. Kriegers Flak will be Denmark’s largest offshore wind farm. Vattenfall’s investment in Kriegers Flak will be EUR 1…
Statoil has been given approval to carrying out various well activities on the Njord field in the Norwegian Sea, about 130km north of Kristiansund. The Njord field has been developed using a semisubmersible drilling, accommodation and production facility…
OMV has entered a deal to sell its UK subsidiary, OMV UK, to Siccar Point Energy for up to US$1 billion in a move that will see the Austrian company give up its stake in the Chevron-operated Rosebank deepwater project in the North Sea. Image from OMV…
Norway’s Petroleum Safety Authority (PSA) has granted Statoil consent to use the Scarabeo 5 semisubmersible rig for well activities on the Njord field, in the Norwegian Sea. Statoil is the operator at Njord, around 130km north of Kristiansund…
CorPower Ocean was awarded a US$4.4 million (€4 million) grant by the European Commission (EC) for its WaveBoost project. The grant will support a three-year innovation program targeting significant improvements in the reliability and…
Denmark’s DONG Energy has decided to exit the oil and gas business, to focus its efforts on renewables. Image from DONG Energy. “We have decided to initiate a process with the aim of ultimately exiting from our oil and gas business…
Marine Scotland announced the award of two marine licenses in support of Aberdeen Harbour’s major plans to expand its facilities into Nigg Bay, to the south of the existing harbor. Issued under the Marine (Scotland) Act 2010, the licenses…
Norway’s Petroleum Safety Authority (PSA) has granted Statoil consent to use the Huldra facility in a cold phase in production license 051 and 052B in the North Sea. The consent applies to the use of the facility in a cold phase, after the wells have been permanently plugged and abandoned…
In this video, Chevron shows the process it took for its Alder HPHT field to reach first gas, 41 years after in was discovered. Chevron’s high-pressure, high-temperature (HPHT) gas condensate Alder field in the Central North Sea started production this week…
As the industry heads into the third year of the downturn, market fundamentals for the deepwater segment continue to fight strong headwinds, Rystad Energy says. But, is 2018 the light at the end of the tunnel for the floating rig market? Utilization…