The BP-led consortium operating the Shah Deniz field development in Azerbaijan has awarded US$750 million in jackets, subsea fabrication and supply contracts for Stage 2 of the $28 billion project. BP announced that BOS Shelf LLC and…
Operator Statoil is to use Technip for intervention services on its Åsgard subsea compression project in the Norwegian Sea. The Åsgard field lies on the Halten Bank in the Norwegian Sea, about 200km off Norway. TheÅsgard subsea compression…
The North Sea Enoch oil field is due back on stream in early 2014, following restoration work on a new subsea tree and production testing. The Enoch field is on the border between the Norwegian and UK continental shelf, inBlock 15/5,in the southern part of the North Sea…
Oil & Gas UK today published its UK Offshore Oil and Gas Fabricators Directory, providing a showcase for British construction yards which design and build major facilities for both domestic and international energy markets. The 80-page…
Statoil is targeting 2020 to deploy a subsea factory, or a fully-functioning process plant atop the sea floor, according to a technology briefing held by some of the Norwegian company’s top executives at its Houston headquarters in mid-November…
The seafloor off the coast of Northern Siberia is releasing more than twice the amount of methane as previously estimated, according to new research results published in the Nov. 24 edition of the journal Nature Geoscience. The East Siberian…
More needs to be done to develop Russian subsea production capabilities in order to develop hydrocarbon resources in Russia’s arctic seas, SPE Arctic & Extreme heard in Moscow yesterday. According Gazprom, there is an estimated 21-46Billion tons of oil and 36…
Subsea monitoring outfit Naxys has gained access to top research facilities after being bought out by global giant GE. Naxys’ work in the field of subsea monitoring systems led it to be snapped up by Measurement & Control, a business of GE Oil & Gas earlier this year…
A new era is developing in subsea aftermarket service provision offshore Norway – one which is expected to set global standards. In 2010 production from subsea wells on the Norwegian Continental Shelf (NCS) outstripped production from surface wells for the first time…
Since the 1980’s, the Norwegian subsea industry has evolved to become a world-leading supplier of underwater equipment and technology. Oil and gas production across the world happens in ever deeper water, and the wells are increasingly complicated to operate…
The subsea services division of global offshore contractor EMAS has won two major contracts offshore Norway.EMAS AMC has been awarded an engineering, procurement, construction and installation (EPCI) contract, valued at approximately US$165 million…
Subsea 7 today announced the award of a contract valued at approximately US$380 million from Statoil for the Aasta Hansteen gas field, located west of Bodø in the northern part of the Norwegian Sea.The contract comprises the design, coating…
Company to manufacture umbilicals, riser baseSPAR platform on the Aasta Hansteen fieldAker Solutions has signed a contract with Statoil for the supply of deepwater umbilicals to the Aasta Hansteen field on the Norwegian Continental Shelf…
Polar PrinceReef to conduct seismic installation at GraneReef Subsea announced that one of its Norwegian subsidiaries, Reef Subsea Norway, has been awarded a major contract by Statoil for the full seismic system installation of the Grane field offshore Norway…
The era of the oil & gas industry is not over. Predictions for global energy demand can’t be met without an increasing utilization of petroleum recourses. And when many thought our industry was in decline, elephant discoveries in the North Sea…
