A series of trials in the North Sea to test non-intrusive inspection (NII) techniques have shown that they can offer similar results to traditional intrusive methods. Non-intrusive inspection technologies could mean operators do not have to shut-in equipment…
Statoil awarded Transocean a 22-well contract in the Norwegian North Sea for the harsh environment semisubmersible Transocean Spitsbergen with an estimated duration of 33 months; plus two one-well options. The estimated firm backlog associated…
VNG Norge has made a contract award to TechnipFMC for integrated engineering, procurement, construction and installation (iEPCI) on the Fenja field in the Norwegian Sea offshore Norway. The contract covers the provision of subsea equipment including umbilicals…
VNG Norge today (19 December) submitted the US$1.2 billion (NOK 10.2 billion) plan for development and operation (PDO) for the Fenja field in the Norwegian Sea. The company previously estimated its development plan for Fenja to cost $1.3 billion (NOK11…
UK fractured basement explorer Hurricane Energy has contracted floating production and subsea engineering firm Crondall Energy to provide engineering support during the early production system (EPS) project on the Lancaster field, West of Shetland…
Norwegian engineering and fabrication firm Kvaerner has been awarded a US$120 million (NOK1 billion) contract for delivery of the topside and steel jacket substructure for Valhall Flank West by operator Aker BP. Kvaerner's scope includes procurement…
Using non-intrusive inspection (NII) survey technologies could be worth US$310 million (£242 million) a year to UK North Sea operators through increased production and lower maintenance costs, according to a survey by the Oil & Gas Technology Centre (OGTC) and ABB…
Germany's Wintershall has started production from the Maria subsea tieback offshore Norway a year ahead of schedule and 20% under budget. The Maria field development cost about US$1.43 billion (NOK12 billion), $358.9 million below the original budget…
Norwegian oil major Statoil has awarded three new subsea maintenance framework agreements, extending to 2023, to Aker Solutions, TechnipFMC and OneSubsea, with a total estimated value of more than US$970 million (NOK8 billion). In addition…
North Sea minnow Independent Oil and Gas (IOG) has been given extra time to develop its Blythe discovery, in the southern North Sea. The firm has been given an extension on License P1736, by 12 months to 31 December 2018, dependent on…
Norwegian operator Aker BP has submitted three plans for development and operations to the Norwegian Ministry of Petroleum and Energy for projects on the Norwegian Continental Shelf. Aker BP is planning to develop Valhall Flank West…
UK Continental Shelf (UKCS) operating costs dropped by 14% in 2016, with operators securing about £1.1 billion reductions in operating expenditure (OPEX), according to the UK Oil & Gas Authority’s (OGA) inaugural report, “Analysis of UKCS Operating Costs in 2016”…
Spanish oil firm Repsol has awarded UK engineering firm Atkins a contract for structural front end engineering design (FEED) and detailed design services for work on the Yme field offshore Norway. Repsol Norge is moving forward with a new attempt to develop the Yme field…
Shell has awarded a contract to UK forge Sheffield Forgemasters for castings for use on the Vito semisubmersible platform for the US Gulf of Mexico (GoM). The project will see the Sheffield Forgemasters' offshore oil and gas specialist…
Statoil has awardedd Aker Solutions a framework agreement for the provision of subsea services on the Norwegian oil major's operated assets offshore Norway. The contract has a fixed period of five years, starting in the first quarter of 2018…
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