Yme Platform News


Lime Petroleum Strengthens Its Norwegian Oil and Gas Portfolio

Nov 29, 2024

Rex International’s subsidiary Lime Petroleum and its partners have secured new license for the exploration of Sognefjord East area with a tie-back to Brage field, while the company also increased its share in the Yme field following the acquisition of interests from OKEA…

Esgian Week 39 Report: Petrobras Finalizes Roncador Tender

Sep 29, 2024

Esgian highlights several new contracts in its Week 39 Rig Analytics Market Roundup.Report SummaryContractsMarket sources indicate that ADNOC has exercised an extension option for the 350-ft jackup drilling rig Aryabhatt 1 in Abu Dhabi.Petrobras…

OKEA Sells Stake in Producing Field Off Norway to Lime Petroleum

Sep 24, 2024

Norwegian oil and gas company OKEA has entered into agreement with Lime Petroleum, a subsidiary of Rex International, to sell its stake in the Yme field for $15.6 million, exiting the producing field in the south-eastern part of Norwegian North Sea…

Repsol Hires IKM Operations for Inspection Work at Three Fields Off Norway

Sep 09, 2024

Repsol Norge has selected IKM Operations as the provider of integrity management services at three oil and gas fields offshore Norway.The scope of work includes engineering tasks and inspections at Repsol Norge topside facilities and subsea installations and pipelines at the Yme…

Vissim Secures Oil Spill Monitoring Contract with Repsol

Jan 25, 2024

Norwegian technology firm Vissim has been awarded a contract by Repsol Norge to implement an upgraded oil spill detection system at the operator’s Yme field on the Norwegian continental shelf (NCS).The new and upgraded radar-based oil spill…

Kuwait's Oil Firm Seeks to Exit Norway

May 16, 2023

Kuwait's overseas oil and gas division has launched a sale process for its Norwegian assets as part of its focus on newer exploration and production hubs, industry sources said. Kuwait Foreign Petroleum Exploration Company (Kufpec) hired Scotiabank to run the sale…

Trinity E&P Restores Oil Output from Trintes Field after Platform Fire

Apr 20, 2023

Trinidad & Tobago-focused oil company Trinity Exploration & Production has restarted production from the Bravo offshore platform, in the Trintes Field, offshore east coast Trinidad, following a halt caused by a fire incident earlier this month…

Malaysia's MMHE Wins $321,3M Contract for Wellhead Platforms and Pipelines in MTJDA

Feb 13, 2023

Malaysia Marine and Heavy Engineering Sdn Bhd (MMHE) has secured a contract from Carigali-PTTEPI Operating Company Sdn Bhd (CPOC) to build and install five platforms and pipelines, and for host tie-in works in the Malaysia-Thailand Joint Development Area (MTJDA)…

Lime Petroleum Buys 10% Stake in Repsol's Yme Offshore Field

Dec 23, 2022

Lime Petroleum AS, a subsidiary of Rex International, has completed the acquisition of a 10 percent stake in the Yme offshore oil field in Norway from Kufpec for an after-tax consideration of $$68.053 million. The completion, in agreement with KUFPEC…

Norway: Lime Buys Into Repsol's Yme Offshore Oil Field

Aug 11, 2022

Lime Petroleum, a subsidiary of Rex International Holding, has agreed to buy a 10 percent stake in the Yme oil field in the North Sea, offshore Norway, from Kuwait’s KUFPEC. Rex said Lime would pay post-tax fee $68.053 million (about NOK 633 million)…

Repsol Uses Enhanced Drilling's Riserless Mud Recovery System at Yme Field

Mar 16, 2022

Norwegian offshore drilling technology company Enhanced Drilling said Wednesday that Spanish Repsol had signed up to use its RMR Riserless Mud Recovery system in the Norwegian part of the North Sea in a multi-well deal due to start in May 2022…

OKEA Extends Offshore Maintenance and Modifications Services Deal with Aker Solutions Until 2028

Mar 11, 2022

Norwegian oil and gas company OKEA has awarded Aker Solutions a seven-year extension to their existing maintenance and modifications frame agreement, covering work on all installations offshore Norway operated by OKEA.Aker Solutions said that the contract was a substantial one…

100,000 Barrels: First Lifting of Oil Completed at Yme Offshore Field, OKEA Says

Dec 22, 2021

The first lifting of oil from Repsol's Yme field in the North Sea, offshore Norway, was completed Wednesday, OKEA, a partner in the project, said.'A total volume of 100,000 barrels was lifted, of which OKEA will be allocated 15,000 barrels.…

Maersk Drilling Completes Sale of Maersk Inspirer Offshore Rig

Oct 28, 2021

Danish offshore drilling firm Maersk Drilling has completed the sale of its Maersk Inspirer combined drilling and production unit to Havila Sirius for $373 million.The unit has been deployed at Repsol's Yme oil field in the North Sea and has recently started producing oil…

Current News

Petronas Expands Suriname Portfolio with Deepwater Block Acquisition

Egypt Still on Hold as Israel Resumes Limited Gas Exports

Norway's Oil and Gas Output Falls Behind Forecast In May

Scottish Floating Wind Farm Secures Onshore Planning Consent

Subscribe for OE Digital E‑News

Offshore Engineer Magazine