Statoil and CHC Helicopter have celebrated the inaugural flight to the Mariner field, Statoil’s first operated field development on the UK continental shelf (UKCS). The flight left CHC’s Aberdeen Airport base this week heading for the Mariner B floating storage unit (FSU)…
UK independent Parkmead has increased its stake in its operated Perth and Dolphin oil fields in the Moray Firth area of the UK central North Sea. Perth and Dolphin are central to Parkmead's Perth-Dolphin-Lowlander (PDL) oil hub project…
PGS and TGS-NOPEC Geophysical Co. (TGS) have jointly agreed principal terms and conditions for purchase of a majority of the multiclient library of Dolphin UK. PGS and TGS will make this purchase on a 50/50 basis. This purchase represents a limited initial cash outlay for PGS…
Statoil is looking to create “a strong ripple effect” from its largest field yet, the Johan Castberg project, in the Barents Sea that will generate spin-offs, and be prepared for future electrification. Johan Castberg field illustration…
Aker Solutions, Det norske oljeselskap and Subsea 7 have agreed on what the three companies are calling a 'one for all, all for one' collaboration alliance to work on developing the operator's subsea field portfolio. The move, which they…
Vattenfall won the Danish Near Shore Wind Tender (DNS) after delivering the lowest bids of .475 kr/kWh on 1 September for two sites, Vesterhav Syd and Vesterhav Nord. Prior to construction start, Vattenfall needs a final approval from the Danish government…
Statoil has appointed Hedda Felin as its new managing director of Statoil Production UK, less than one year after appointing Felin’s predecessor, who has left the company. Formerly a senior vice president for Statoil, Felin is the new head of the company’s Aberdeen office…
Eni Norge’s management has decided to keep the Goliat field shut down until “measures are implemented and its platforms can be operated prudently.” Goliat. Image from Eni Norge. The…
Statoil and Statkraft signed a letter of intent (LOI) for Statoil to take over as operator of the Sheringham Shoal Offshore Wind Farm from January 2017. Sheringham Shoal, from Statoil. The…
Norway's SeaBird Exploration is to carry out a long offset 2D multi-client survey in the Barents Sea. SeaBird and Lundin Norway jointly designed the survey of deep seismic profiles to be acquired in the Barents Sea during September-October 2016…
Hurricane Energy's pilot well on the basement reservoir Lancaster discovery West of Shetland has indicated resources 'significantly greater' than the firm's 200 MMbbl base case, the company said this morning. Hurriane has completed…
UK independent Nobel Upstream has completed a deal to buy a 7.59% stake in the UK North Sea Maclure oil and gas field from Shell. Maclure was discovered in 1991 and put into production in 2002. Production in 2016 has averaged 8200 boe/d…
Norwegian firm Offshore Heavy Transport (OHT) has been contracted to transport the Transocean Winner drilling rig to Turkey using a semisubmersible heavy lift vessel. It is expected that the rig will be floated onto the semisubmersible heavy lift vessel OHT HAWK…
North Sea independent EnQuest has cut the cost of its Kraken heavy oil development in the North Sea by a further US$150 million, thanks to progress on the drilling campaign and subsea workscopes. The cost of the development, which will see a floating production…
INEOS UK E&P Holdings has secured a five-year US$294,000 million (£220 million) reserve-based lending facility, which it plans to use to acquire future projects. The facility, the firm's first reserves based lending facility, was secured…