Elgin Franklin News

 

Aker Solutions targets $1.11 billion annual savings

Jun 07, 2016

Aker Solutions says it is on track to boost cost efficiency in all areas of the company by a 30% goal - or NOK9 billion (US$1.11 billion) annually - in a bid to meet current market conditions. A quarter of the targeted improvement is expected to be achieved this year…

BP doubles stake in Culzean

May 16, 2016

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…

Premier completes E.ON deal

Apr 29, 2016

UK-based independent Premier Oil has completed its deal to by E.ON's UK North Sea assets. On 13 January 2016, Premier announced that it had agreed to acquire the whole of E.ON's UK North Sea assets for a net consideration of US$120 million…

Asset Guardian selected for Total UK

Mar 02, 2016

Asset Guardian Solutions Ltd. (AGSL), which specializes in protecting companies’ process control software assets, announced that Total has selected its software management platform Asset Guardian.  The software will help to secure the integrity…

Total fined for 2012 Elgin leak

Dec 22, 2015

Total's UK subsidiary (Total E&P UK Ltd) has been fined a record £1.125 million (US$1.67 million) after it admitted failures that led to largest release of gas on record from the Elgin offshore platform in 2012. The fine was passed down by the Sheriff Court in Aberdeen…

Taming Culzean

Dec 01, 2015

Mastering high-pressure, high-temperature reservoirs has been a UK North Sea challenge for more than a decade. Maersk Oil is taking lessons learned by others and applying them to the Culzean field. The Culzean wellhead jacket under fabrication…

Designer mud

Sep 01, 2015

Designer mud is helping Total tap pressure depleted HPHT reservoirs in the UK North Sea. Elaine Maslin takes a look. The West Franklin well head platform installation last year.  Photos from Total…

Total to sell UK pipelines, terminal in US$905 million deal

Aug 27, 2015

Total has agreed to sell all of its interests in the FUKA and SIRGE gas pipelines and the St. Fergus Gas Terminal in a US$905 million (£585 million) deal. Subject to regulatory approvals, the assets will be bought by North Sea Midstream Partners…

Statoil elects new boardmembers

Jun 10, 2015

Øystein Løseth has been elected as new chair and Roy Franklin as a new member and deputy chair of Statoil's board of directors. Løseth has been a member of Statoil’s board of directors since 1 October 2014 and is a member of the board’s audit committee…

Total inks Wood Group for UK engineering

Mar 31, 2015

UK-based engineering group Wood Group has been awarded a five year, US multi-million dollar contract by French operator Total, which includes the option for two, one-year extensions. Under the contract Wood Group PSN (WGPSN) will deliver engineering…

Total fires up HPHT West Franklin project

Jan 15, 2015

Total has started gas and condensate production from the high-pressure, high-temperature (HPHT) West Franklin Phase 2 project in the Central Graben area of the UK North Sea. The project, tapping 85 MMboe, will supply 40,000 boe/d to the…

Babcock completes Total W2W contract

Nov 24, 2014

Babcock has completed a second walk to work (W2W) contract with Total E&P UK, as part of the Elgin B and West Franklin wellhead platforms commissioning in the UK North Sea.  In the seven months from March to September 2014, more than 18…

HPHT Jackdaw being 'redefined'

Oct 30, 2014

BG Group has said it is delaying a sanction decision on its high-pressure high-temperature (HPHT) Jackdaw project in the central North Sea. The firm said the group wanted to study more economic and lower risk development solutions for the field…

Total E&P awards CHC long-term North Sea contract

Oct 28, 2014

Total E&P UK is extending a decades-long relationship with CHC Helicopter in the North Sea, awarding CHC a long-term helicopter transportation contract to support Total’s offshore operations across the United Kingdom Continental Shelf (UKCS)…

Heerema wins Maersk Culzean contract

Oct 15, 2014

Maersk Oil North Sea UK Ltd. awarded Heerema Hartlepool Ltd. a contract for the engineering, procurement and construction (EPC) of the Culzean development’s well head platform (WHP) jacket. Maersk’s proposed Culzean development…

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