OneSubsea delivered the world’s first subsea multiphase compressor to Statoil for the Gullfaks South field in the North Sea. The subsea multiphase compressor enables boosting of unprocessed wet gas production fluids, while eliminating…
The UK offshore industry’s new regulator is to be given powers to fine oil and gas producers up to £1 million, and potentially £5 million, and to revoke licenses, under certain circumstances, it has been announced. Under a string of new…
UK-based North Sea explorer Independent Oil and Gas (IOG) has added the Hambleton discovery to its assets after its license covering block 48/22c was extended by 42sq km. IOG was awarded the block, which also contains the Elgood discovery…
What a difference two years make. Unrest in North Africa, the emergence of US shale and tensions with Russia have all put energy high on the agenda. OE spoke to Offshore Mediterranean Conference (OMC) 2015 chairman Innocenzo Titone about…
Siem Offshore Inc. is making a move to streamline its business by dividing into separate organizations. The Siem Symphony. From Siem Offshore. Siem Offshore OSV will be dedicated for…
Dramatic changes may be affecting Norway’s oil and gas sector, but PSA director-general Anne Myhrvold makes it clear that savings must not affect continuous safety improvements. Myhrvold. From PSA Norway…
OE is attending the Offshore Mediterranean Conference (OMC) in Ravenna next week. The event, of which OE is a media sponsor, is expected to be bigger than ever, with floor space increased 30% from 20,000sq m to 25,000sq m. More than 14…
EnQuest’s Alma/Galia development floating production vessel the EnQuest Producer has left its berth in Newcastle, northern England, where it was undergoing finishing and commissioning works, and has completed marine trials. The 249m-long unit…
The world’s first subsea wet gas compression system is ready to be installed on the seabed and tied back to the Gullfaks C platform, Norwegian oil firm Statoil has announced. The Gullfalks subsea wet gas compression system is being progressed…
UK Chancellor George Osborne has announced a package of measures to support the North Sea oil and gas industry, which he said was in “pressing danger” from low oil prices. Presenting the UK’s 2015 Budget, Osborne (pictured) said: “It’s…
Dana Petroleum awarded Balmoral Offshore Engineering a contract to design and manufacture key components for a pioneering mooring system to be used on its Western Isles project in the challenging northern sector of the North Sea. Image…
A new technology research program aimed at developing propulsion products specifically for operating in arctic conditions has been implemented with Wärtsilä and VTT, the Technical Research Centre of Finland, as the main contributors. The…
Searcher Seismic and MAGE began the acquisition of the Echidna Regional Broadband 2D seismic survey, offshore Ireland. Map of Echidna Regional Broadband 2D seismic survey. From Searcher Seismic The…
Saudi Aramco awarded KBR, Inc. (NYSE: KBR) a six-year project management contract to provide project management services for Saudi Aramco’s offshore program. Under the terms of the contract, KBR will provide project management and engineering…
In this video, Eni shows the Goliat’s voyage from Korea to the Barents Sea. Eni’s operated cyclindrical floating production, storage and offloading (FPSO) platform was built in South Korea and is now operating in the Barents Sea…