Offshore Europe News - page 532

 

Well-Safe picks Port of Dundee as marine base

Nov 28, 2017

New Aberdeen-based subsea well abandonment firm Well-Safe Solutions has picked the Port of Dundee as its onshore marine base, it announced at the Offshore Decommissioning Conference in St Andrews today.  Well-Safe has secured two acres of quayside facilities with access to 40…

Port of Cromarty gets decommissioning permit

Nov 28, 2017

The Port of Cromarty Firth has become the first port in Scotland to be granted a decommissioning Pollution Prevention Control Permit by the Scottish Environment Protection Agency (SEPA) under the latest environment legislation, it has said…

Total, Statoil in $1.45bn Martin Linge, Garantiana deal

Nov 27, 2017

French oil major Total is to sell out of its delayed Martin Linge development and the Garantiana discovery offshore Norway, in a US$1.45 billion deal with part-state-owned operator Statoil. Statoil will take Total's 51% stake in Martin Linge…

OOS inks MOU with Chinese counterpart

Nov 24, 2017

Dutch heavy life and accomodation vessel firm OOS International has agreed a memorandum of understanding with Chinese offshore services company Jiangsu Fanzhou Shipping to form a strategic alliance.  The two hope to work together to expand the coverage of their vessels globally…

Tax changes to boost North Sea M&A

Nov 23, 2017

New tax measures aimed at making it more attractive for North Sea oil and gas assets to change hands have been welcomed by industry.  In his Budget statement made in the UK Parliament yesterday (22 November), the Chancellor of the Exchequer Philip Hammond…

Decom North Sea CEO to join OGTC

Nov 23, 2017

Decommisioning trade body Decom North Sea CEO Roger Esson is to join the Oil & Gas Technology Centre (OGTC) as its Decommissioning Solution Centre Manager.  Esson has more than 20 years of oil and gas industry leadership experience in the UK and internationally…

Port of Blyth takes on decommissioning, wins environmental license

Nov 22, 2017

The Port of Blyth in northeast England is set to make a strategic move into decommissoning following being awarded a decommissioning license from the UK Environment Agency.  During 2018, the port will ready a site at its Battleship Wharf terminal for decommissioning operations…

Lundin's Hufsa probe non-commercial

Nov 22, 2017

Lundin Petroleum's Hufsa exploration well in the southern Barents Sea made a non-commercial gas discovery. A side track on the well, 7219/12-2, in PL533, was dry. The main objective of the well was to prove oil in Jurassic and Triassic sandstone reservoirs…

Nearly 100 applications in 30th UKCS licensing round

Nov 22, 2017

Nearly 100 applications covering 239 blocks were made by 68 companies in the 30th offshore licensing round on the UK Continental Shelf, the Oil and Gas Authority (OGA) has revealed.  Applications came from companies ranging from multinationals to new country entrants…

Lyon prospect could create new West of Shetland gas hub

Nov 21, 2017

Chemicals and oil products group Ineos' subsidiary Ineos UK SNS has agreed to acquire a majority stake in two West of Shetland exploration licenses from Siccar Point Energy. The area, called the Northern Gas Fields, contains the estimated 1-3 Tcf recoverable Lyon prospect…

BP sells Bruce, Rhum, Keith stakes

Nov 21, 2017

UK oil major BP is set to sell its operated interests in the Bruce, Keith and Rhum fields, including three bridge-linked platforms and subsea infrastructure in the North Sea to UK independent Serica Energy. Subject to completion of the deal…

NPD greenlights Maria production start

Nov 20, 2017

Wintershall and its partners have been given the green light to start production next month from the Maria field in the Norwegian Sea. Maria development. Source: Wintershall. The development…

Wood starts SAGE operating role

Nov 20, 2017

Engineering house Wood has started its multi-million dollar, 'evergreen' contract to act as operating partner of the Scottish Area Gas Evacuation (SAGE) system and Beryl pipeline, on behalf of Ancala Midstream Acquisitions. Wood will manage the day-to-day operation of the SAGE system…

Western Isles FPSO on stream

Nov 20, 2017

Dana Petroleum's long delayed Western Isles development has produced first oil, it's been reported.  The UK North Sea development has been brough on stream using a new-build Sevan-design cylindical floating production unit (FPSO) built at COSCO's yard in China…

Siem eyes sale of construction business

Nov 20, 2017

Norway's Siem Offshore says it's in negotiations with a potential buyer for its Siem Offshore Contractors cable lay business as it prepares for 'an extended downturn in the offshore supply market.' The firm is trying two separate moves to improve its finances…

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