A drill stem test (DST) on the Brasse well in the Norwegian North Sea has shown high flow rates and excellent reservoir properties, says UK-based independent Faroe Petroleum. The Brasse appraisal program will now continue with the drilling of a side-track well…
Statoil and partners ENI and Petoro have made a 25-50 MMboe oil discovery in the Kayak exploration well in the Barents Sea, close to the Johan Castberg project. Eni said preliminary estimates of the size of the discovery are between 100 and 180 MMbo in place (25–50 MMbo recoverable)…
Zennor Petroleum has completed the acquisition of interests in Petroleum Production License P359, in the UK North Sea, from Esso Exploration and Production UK. These interests comprise a 40.0002% working interest in Block 23/16b Area A (Arran North) and a 66…
Well intervention spending has been hit harder than other areas, but it is not due to a lack of opportunities. Elaine Maslin reports. Island Offshore’s Island Frontier. Image from Island Offshore…
While offshore wind has taken off rather successfully in Europe – the US offshore wind industry has some way to go. Karen Boman reports on how existing offshore oil and gas technologies can be applied on offshore wind projects in the states…
Elaine Maslin examines the market for wave and tidal, and reports on industry efforts to drive down costs and eventually scale up. A Tocardo device, supported on a Damen-built “UFS,” at Hatston Pier…
Composite for coiled tubing has been tried before, but the industry wasn’t ready yet. Norway’s Prototech is taking another look. New software optimizes composite pipe based on typical CT loading conditions…
Marie Morkved shows how a desire to eschew ‘how we’ve always done it’ helped Maersk Oil take a different approach to well intervention – using coiled hose on its UK North Sea Balloch field. Coilhose…
While significant costs have been stripped out of the oil and gas industry, shale is fighting back. And, if the subsea industry is to survive, it will need more than just reduced costs, industry executives told the Underwater Technology Conference (UTC) in Bergen…
Where technology and collaboration can help the industry reduce the cost per barrel in a sustainable way will be a strong focus at this year’s SPE Offshore Europe, says conference chairman Catherine MacGregor, Drilling Group President, Schlumberger…
Elaine Maslin surveys some of the plugging and abandonment solutions presented at Sintef’s Experimental P&A Research for the North Sea event in Trondheim, Norway. Alexandra Bech Gjørv Plugging…
Elaine Maslin surveys a variety of floating offshore wind projects due onstream in the near future. Statoil’s Hywind project. Image from Statoil. This year, floating offshore…
Westwood Global Energy Group’s Marina Ivanova sheds light on the global offshore wind market. Source: Westwood Global Energy Group. Westwood Global Energy Group (Douglas Westwood)…
Fractured basement explorer Hurricane Energy is set to raise US$520 million to help it fund its Lancaster early production system (EPS), west of Shetland. The cash would be through a $300 million in a share placing and a further $220 million in a convertible bond offering…
BP has decided to exit its 50% interest in Block 24/11 offshore southern Angola after concluding that its 2014 Katambi gas discovery there is not commercial. Due to the exit from Block 24/11 and other exploration write-offs in Angola…
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