Shell and its partners on the Ormen Lange license have postponed plans for a ground-breaking compression project on the giant field, halting ongoing concept select work, citing costs and reservoir data. Ormen Lange, Norway’s second largest field and producing since October 2007…
Statoil and its partners have made a 20-75MM boe gas and oil discovery in the Valemon Nord prospect in the Norwegian sector of the North Sea. The discovery wells 34/10-54 S and 34/10-54 A, in production license 050, drilled by the semisubmersible drilling rig Transocean Leader…
The National Ocean Industries Association (NOIA) board of directors has elected John T. Rynd as chair of NOIA and Cindy B. Taylor as vice chair of NOIA for the upcoming 2014-2015 term. Rynd and Taylor assumed their positions at the NOIA Annual Meeting…
FloaTEC LLC (FloaTEC), a US-based JV between a subsidiary of McDermott International Inc. and Keppel FELS Ltd., announced that the P-61 tension leg wellhead platform (TLWP) has been successfully installed in the Papa Terra Field, Campos Basin…
A normally unattended self-installing floating tower (SIFT) design has been selected as the development option for the North Sea Fyne development, the operator has revealed. The design has been supplied by GMC Inc., which has a partnership with Enegi Oil…
Wintershall Norge has made a gas and condensate discovery in the Solberg well in the Norwegian Sea. Exploration well 6407/1-7 and the subsequent sidetrack 6407/1-7A, in production license 475, encountered gas and condensate in the main target lower Cretaceous Lange formation…
China Oilfield Services Limited's newly purchased platform supply vessel HYSY613 has been delivered for operation and is expected to start work in the South China Sea mid-April. Another platform supply vessel of the same model that was…
NorYards AS has signed a more than NOK650 million contract with NFDS 2 Offshore AS for outfitting and commissioning a new and modern anchor handling tug supply vessel (AHTS). The modern anchor handling vessel is a sister ship of the anchor…
AGR has been awarded a new well management services contract by OMV (Norge). The contract, which is for three years, with the option of two further years, also covers delivery of other drilling and well engineering services for complete well construction…
GDF SUEZ E&P Norge's wildcat well 7218/8-1 on the Byrkje prospect in the Barents Sea has been classified as dry, with traces of gas. The well, in production licence 607, well was drilled about 65km southwest of the oil and gas discovery…
Partners in the Pil exploration well 6406/12-3 S have carried out “a highly successful production test” (Drill Stem Test/DST) on the well, on the Norwegian Sea’s Halten Terrace. The well flowed at 6710 bo/d of 37° API oil from a 56/64in…
A US Subcommittee on Energy and Power approved new legislation aimed at speeding up the approvals process for US liquefied natural gas (LNG) export applications, the committee announced on 9 April 2014. Bill H.R. 6, also called the Domestic Prosperity and Global Freedom Act…
Representatives from China National Petroleum Corp. and Shell met on 8 April 2014 to sign global cooperation agreements. CNPC Chairman Zhou Jiping met with Shell CEO Ben van Beurden in Beijing where the pair signed agreements covering both company's unconventional resources…
AWE Limited announced that it has been awarded a new exploration permit offshore Western Australia, WA-497-P (formerly release area W13-18), as part of the Australia 2013 Offshore Petroleum Exploration Acreage Release. The permit covers…
Abu Dhabi’s national oil company, ADNOC, has ordered two 45m-long, high-speed, catamarans to be used to service its offshore oil and gas facilities. The contract to design and build the vessels was awarded to Australia's Austal Limited…