Services firm Petrofac said it has secured two new framework agreements (FA) for the provision of engineering, procurement, construction and commissioning (EPCC) services in the North Sea.The first, a three-year FA awarded by EnQuest as part of a multi-contractor framework…
Aker BP has tapped Aker Solutions and Subsea 7 to deliver and install subsea infrastructure for the second phase of the Ærfugl development offshore Norway.The Aker BP operated Ærfugl development is a subsea project being developed in two phases…
Engineering firm Wood announced on Wednesday that it has been awarded a contract by Norwegian energy group Equinor to deliver modifications to a pair of offshore platforms in the Norwegian North Sea that will be connected to electric power from floating wind turbines…
The first successful “Single-Trip Multi-Frac” campaign has been executed on the Valhall field, marking the first time this specific well stimulation method has been performed offshore.“The traditional method takes two-three days to fracture a single zone of the reservoir…
Having now completed the $4.5 billion acquisition of ExxonMobil’s upstream business in Norway, Vår Energi has doubled its production to become the second largest operator on the Norwegian continental shelf (NCS) – with more growth planned in the years ahead…
Depending on who you talk to, the Romanian offshore either has two projects worthy of mention and an aging supplier base, or it’s the most up-and-coming and accessible oil and gas province in all the world.The truth, as usual, is somewhere in the middle…
Providence Resources chief executive officer Tony O’Reilly has stepped down from his position and resigned from the board with immediate effect to pursue outside opportunities, the Irish-based energy company announced.The company's board has initiated a process to identify and recruit a new CEO…
Cyprus has petitioned the International Court of Justice (ICJ) in The Hague to safeguard its offshore mineral rights, its president said on Thursday, upping the ante with neighbor Turkey which disputes its claims.Cyprus's internationally recognized…
Reaching some 9,023 meters from the Brage platform, the A36B well recently drilled by Wintershall Dea is the longest ever completed by the company in Norway. Around 200 meters longer than Mount Everest is tall, the well is also the longest ever drilled offshore by the company globally…
Energy Ministers from North Seas countries met yesterday (December 04) in Brussels and agreed their 2020 Work Program on offshore wind deployment as a means of reaching climate neutrality by 2050.The 10 North Seas Energy Cooperation countries – Belgium…
Alternative reservoir stimulation technology company Fishbones said it has installed its proprietary technology for a major international oil company in the Danish North Sea. The installation, which comprised 56 subs and 224 jetted laterals…
Polymer materials supplier Covestro has signed a 10-year corporate power purchase agreement with Ørsted to buy the output of 100MW from the planned Borkum Riffgrund 3 offshore wind farm, expected to be fully commissioned in 2025, subject to Ørsted's final investment decision (FID)…
Norway's $1 trillion sovereign wealth fund has removed Brazilian oil firm Petrobras from a watchlist of firms that could be dropped as investments due to ethical concerns, the central bank said on Tuesday.Petrobras was put under observation in 2016 over corruption risks…
Norway's Petroleum Safety Authority Norway (PSA) said it has launched an investigation into an oil leak from the Equinor-operated Statfjord A facility on November 26, 2019.This discharge was detected by the observation of oil on the sea surface alongside the North Sea platform…
Oil production at Norway's giant Johan Sverdrup oilfield has risen to around 350,000 barrels per day (bpd), operator Equinor told Reuters on Tuesday.The North Sea field, which began output on Oct. 5, is now western Europe's largest oil producer…
Subscribe
