Offshore Europe News - page 650

 

Energean eyes 10,000 b/d Greek barrels

May 04, 2016

Production from the Prinos and Prinos North oil fields, offshore northeast Greece has exceeded 4000 b/d, a two fold increase compared to the 2000 b/d produced before the start of an ongoing investment program, according to operator Energean Oil & Gas…

Wood Group to shed 300 onshore staff

May 04, 2016

Aberdeen-based engineering group Wood Group is looking to cut around 300 UK onshore staff, the firm announced today. Wood Group says the move is 'in response to continuing cost and efficiency challenges affecting the oil and gas sector…

Plexus inks ninth Det norske order

May 04, 2016

UK-based wellhead engineering firm Plexus Holdings has received its ninth purchase order since 2012 from Norway's Det norske oljeselskap, to supply surface wellhead and mudline equipment services for the Langfjellet standard pressure exploration well on the Norwegian Continental Shelf…

Proserv inks Apache North Sea contract

May 03, 2016

Oilfield services firm Proserv has won a multi-million dollar contract from Apache Corp for work on the UK Continental Shelf. Proserv will supply a subsea control system and associated topside and subsea interface equipment for use on the new Callater wells south of the Beryl Alpha platform…

Funding awarded for Rockall exploration

May 03, 2016

The University of Aberdeen is to get a £250,000 grant from the Oil and Gas Authority (OGA) to investigate the potential for hydrocarbon exploration in the Rockall area of the North Atlantic. The funding is part of a package of measures…

Oil & Gas UK restructures

May 03, 2016

Oil & Gas UK has announced a new organisational structure, following a thorough business review. The revised business model is designed to make sure the leading trade association is in the best shape possible to promote and serve its…

Statoil increases Lundin stake to 20%

May 03, 2016

Lundin Petroleum has agreed to acquire Statoil's 15% stake in the Edvard Grieg field in return for increasing its shareholding in Lundin. The deal, which inccreases Statoil's stake in Lundin from 11.93% to 20.1%, also includes Lundin…

Oil & Gas Technology Centre establishes board

May 02, 2016

The development of the new, world-class Oil & Gas Technology Centre (OGTC) in Aberdeen has moved forward with the appointment of the board and recruitment is now underway for a chief executive officer and other senior posts. The project…

Learning to be lean in the subsea sector

May 01, 2016

John Bradbury speaks with ExxonMobil’s Marilyn Tears ahead of her presentation at this year’s Underwater Technology Conference in Bergen, Norway. Tears. Marilyn Tears has already…

Are cyber security risks deterring digitalization?

May 01, 2016

With big data also comes big risks to security. DNV GL’s Nada Ahmed discusses how security standards can be raised within the oil and gas industry.   New IT infrastructures and technologies…

A new lease on life

May 01, 2016

Scrap or refurbish and reuse? It’s a question being asked on the UK Continental Shelf. Elaine Maslin reports. Pipe, ready for reuse. Staff photo.  At a recent conference in Aberdeen…

The need for speed

May 01, 2016

There’s a war on: who can produce the fastest inspection ROV with the highest quality data? Elaine Maslin explains. The Surveyor Interceptor. Image from MMT.  Is it a bird, is it a plane…

It’s all about the boost

May 01, 2016

Subsea boosting is coming under the spotlight, despite and also because of the current low oil price environment. Elaine Maslin reports from Subsea Expo and Subsea Valley. Omnirise ECM Subsea Boosting Pump System…

Small is beautiful

May 01, 2016

Tapping small fields and coming up with economic early production system solutions offers engineers an interesting challenge. Elaine Maslin reports. Amplus’ VPU. Image from Amplus.  There…

Let’s get deep

May 01, 2016

Ultra-deepwater exploration on the Atlantic margin could be the opportunity the offshore industry is looking for, according to geoscience firm Spectrum. Elaine Maslin reports. Maersk Venturer drillship…

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