North Energy has entered into an agreement with Det norske oljeselskap, whereby Det norske will acquire North Energy's 10% interest in production license 722. The license was awarded in the 22nd licensing round, and is subject to a drill or drop decision in 2Q 2016…
The Petroleum Safety Authority of Norway has granted Lundin Norway consent to drill two wells: one in the North Sea, and one in the Norwegian Sea. In the central North Sea, Lundin will drill the Rolvsnes prospect. The exploration well 16/1-25S…
Statoil has opted for Aptomar’s TCMS tactical collaboration and management system at the energy company’s field monitoring centre at Sandsli in Bergen, Norway. Under the contract, Aptomar will provide Statoil with TCMS (Tactical Collaboration and Management System) workstations…
With less than two weeks now left to SPE Offshore Europe, Shreyasi Bhaumik, Client Services Director, BCM Public Relations, gives her top 12 tips to surviving Europe's biggest oil show: Always plan ahead of the event. Review…
Songa Offshore has today taken delivery of Songa Endurance from Daewoo Shipbuilding & Marine Engineering (DSME) in Korea. Songa Endurance will shortly depart South Korea en-route to Norway to start an eight-year drilling contract with Statoil…
On 21 August the Polarled gas pipeline crossed 66° and 33 minutes north of the equator becoming the first pipeline to take the Norwegian gas infrastructure across the Arctic Circle. This will open a new gas highway from the Norwegian Sea to Europe…
Image: wind turbines at sea/iStock DONG Energy acquired the Hornsea zone and the project rights to Hornsea Project Two and Three, which have the potential of 3 gigawatts (GW) offshore wind capacity…
Statoil’s Johan Sverdrup has received the official green light for phase one of its plan for development and operation (PDO) by the Norwegian Ministry of Petroleum and Energy. Johan Sverdrup field center…
Image: North Sea license PL410/Hibiscus Petroleum Hibiscus Petroleum Berhad has announced that its jointly-controlled entity, Lime Petroleum Norway has executed an agreement…
The PSA has completed its investigation into two incidents which occurred on the Eldfisk complex on 6-8 August 2014. Several breaches of the regulations have been identified. Image from ConocoPhillips…
North Sea Helicopter Pilots have indicated strong support for strike action if helicopter companies do not make serious improvements in the way they deal with job losses. They have also highlighted the serious impact on safety the threat of redundancy is having…
Electromagnetic Geoservices (EMGS) announced a cost reduction program that will generate cuts in its fleet, workforce, and capital expenditures, which the company is blaming on challenging market conditions. The EM Leader…
Transocean was awarded approximately US$35 million for two different contract extensions that are about 11,000mi from each other. The Transocean Barents. From Transocean. US…
Weak demand for services in the oil sector is helping operator Premier Oil to reduce costs on its Vette and Sea Lion projects, the firm said this morning. While the now expected prolonged low oil prices could put pressure on future projects…
The Energy Industries Council (EIC), the leading trade association for UK companies that supply goods and services to the energy industries worldwide, will be the focal point of attention at Offshore Europe this September as the largest single exhibitor at the show…
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