BP group chief executive Bob Dudley will underline the value of the North Sea in the oil major’s global portfolio when he leads the opening plenary session at SPE Offshore Europe 2017 being held in Aberdeen from 5-8 September 2017. Dudley…
BP has acquired stakes in the Jock Scott and Craster high-temperature high-pressure, North Sea exploration prospects, operated by Statoil and Nexen respectively, with exploration wells planned on each mid-2017. The move comes just days…
Norwegian private equity backed independent Okea has awarded a frame agreement to Ridge for well management services. Under the contract, Ridge will provide personnel and services to manage offshore well design, construction and operation for Okea…
BP is estimating that 95 tonne, equivalent to nearly 700 bbl, has been spilled into the North Sea as a result of a leak at the UK giant's Clair platform. 'Both direct observation from surveillance flights and oil spill modelling continue…
How offshore assets are visualized has taken a leap forward with photographic technology that helps to create point clouds. Elaine Maslin reports. Turning photos into point clouds. Images from Return to Scene…
Keppel Offshore & Marine subsidiary, Keppel FELS, delivered the Floatel Triumph semisubmersible to Floatel International, which will work on Chevron's Wheatstone, and INPEX's Ichthys Field, off Western Australia. The Floatel Triumph is…
UK supermajor BP has completed construction work of Clair Ridge, west of Shetlands Islands, bringing its US$6 billion investment closer to production. Clair Ridge. Image from BP United Kingdom Twitter…
The Norwegian Petroleum Directorate (NPD) has carried out four successful ROV (remotely operated underwater vehicle) dives and has acquired depth data (bathymetry) near the Vøring Spur in the western Norwegian Sea. Figure 1…
The Norwegian Petroleum Directorate (NPD) will continue to acquire geological samples and deep-sea minerals in the Norwegian Sea this summer. The objective is to increase understanding of resources and the geological development of the North Atlantic…
BP has commenced a water injection project at its Thunder Horse platform in the Gulf of Mexico that will extend the production life of one of its biggest fields in the area, and recover an additional 65 MMboe. Thunder Horse…
Oil major BP has bought a 16% stake in the high-pressure, high-temperature (HPHT) Culzean development project in the North Sea, doubling its stake to 32%. BP has acquired the stake from JX Nippon. Maersk Oil North Sea operates the US$4…
Oil major BP has posted a replacement cost loss of US$485 million in Q1 2016, compared with a profit of $2.1 billion a year ago, as it battles the continuing low oil prices. Yet, the firm is set to see production levels lifted as a string of new projects come onstream through 2016-2017…
Singapore's Keppel FELS is on track to deliver a fifth high-specification accommodation semisubmersible to Floatel International following the unit's naming ceremony today. Once delivered, the Floatel Triumph semisubmersible, built to Keppel's proprietary SSAUTM 5000NG design…
UK oil giant BP plans to cut approximately 4000 jobs across its global upstream sector in the next two years to simplify its business, improve efficiency, and reduce costs. Image from BP. BP…
Amec Foster Wheeler announces today that it has been awarded three contracts by BP to provide services to the Glen Lyon floating production, storage and offloading (FPSO) vessel as part of the Quad 204 project, 175km west of the Shetland…