Offshore Regions News - page 1055


ONS: 2017 the time to FID, suggests Wood Mack

Aug 29, 2016

Some US$50 billion has been dropped from the Norwegian oil and gas investment hopper from 2014 up to 2020, according to figures presented at the ONS exhibition and conference in Stavanger today. The fall, amid a $1 trillion drop in global spending in the same period…

ONS: CGG reveals TopSeis

Aug 29, 2016

CGG launched TopSeis, its latest offshore broadband seismic solution specifically designed to overcome the intrinsic lack of near offsets inherent in 3D towed-streamer seismic, at the 2016 Offshore Northern Seas (ONS) conference today (29 August)…

Wood Group inks Utgard tieback work

Aug 29, 2016

Wood Group has been awarded the detailed design scope of the subsea tie-back from the Utgard gas and condensate field to the Sleipner facilities, in the Norwegian North Sea. The three-year, US$1million workscope is the first call off…

Video: Statoil ups Sverdrup value, cuts costs

Aug 29, 2016

Statoil has reduced the cost of its massive Johan Sverdrup develop even further, to reach a full field break even cost of US$30/bbl, the Norwegian oil major revealed this morning.  Drilling operations at Johan Sverdrup…

NCS development costs cut by 40%

Aug 29, 2016

The price tag for developing a field on the Norwegian shelf has declined by an average of more than 40% since the autumn of 2014, according to the Norwegian Petroleum Directorate’s (NPD) analysis of eight planned developments that are approaching start-up…

Drone video of Njord A tow

Aug 29, 2016

In this drone video, Statoil shows its Njord A semisubmersible production platform as it was being towed to the Kværner Stord yard in Norway for reinforcement and renovation works that will enable it to return to production up to and beyond 2030…

Keppel to deliver Bumi's Armada Kraken

Aug 29, 2016

Singapore-based Keppel Offshore & Marine is on track to deliver the Armada Kraken floating production storage and offloading (FPSO) vessel to Bumi Armada, marking the Malaysian oilfield service company's entry into the North Sea. The Armada Kraken…

Lamprell delivers delayed Ensco newbuild jackup

Aug 26, 2016

UAE-based Lamprell has delivered the delayed Ensco 140 newbuild jackup to Ensco, after signing an agreement with Ensco to settle all claims arising from the late delivery. Image from Lamprell. The…

NorSea inks Johan Sverdrup pipe work

Aug 26, 2016

The NorSea Group (NSG) has signed a US$9.8 million (NOK 80 million) contract with Statoil for intermediate storage of the Johan Sverdrup export pipelines. The contract involves receipt of over 36,000 pipe sections, 36in and 18in in diameter…

Vaalco restarts at Avouma

Aug 26, 2016

Houston-based Vaalco Energy’s Avouma project is back online offshore Gabon, West Africa, following issues with its electric submersible pump (ESP) that date back to late June. Map from Vaalco. According to Vaalco…

25.5 billion bbl in place in West Orphan Basin, estimate

Aug 26, 2016

There could be 25.5 billion bbl in place and 20.6 Tcf of gas in the West Orphan Basin, in the Canada-Newfoundland and Labrador Offshore Petroleum Board (C-NLOPB) 2016 Eastern Newfoundland Call for Bids, according to the Government of Newfoundland and Labrador…

Njord arrives at Kvearner for overhaul

Aug 26, 2016

Statoil's Njord A semisubmersible production platform has been towed to the Kværner Stord yard in Norway for reinforcement and renovation works, which will enable it to return to production up to and beyond 2030. The facility, which was built at the same yard in 1997…

Antrim seeks to wind up

Aug 26, 2016

Canadian-based, North Sea and Ireland focused explorer Antrim Energy is seeking to wind up.  At its annual and special meeting on Tuesday (30 August), the firm will consider approval to voluntarily dissolve the corporation, delist from…

Brent Delta given lighthouse mode

Aug 26, 2016

Navigational aids specialist Pharos Marine Sims Systems has completed the design, manufacture and installation of a bespoke solar navigation aid system for Shell's Brent Delta platform in the North Sea. The Great Yarmouth-based firm completed…

Shell takes over Knarr and Gaupe

Aug 26, 2016

Norway's Petroleum Safety Authority has given Shell permission to take over the Knarr and Gaupe fields, as part of the major's take over of the two field's former operator BG Group. Gaupe is an oil and gas field close to the boundary with the UK shelf…

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