The House of Lords EU Committee has today called for a Ministerial Conference of North Sea countries to ensure a holistic approach is developed to managing the environmental challenges and economic opportunities in the North Sea. The…
Lundin Petroleum, through its wholly owned subsidiary Lundin Norway, entered into an agreement to farm-out a 30% working interest in PL338C to Lime Petroleum Norway. PL338C contains the Gemini prospect, which is currently being drilled with the Island Innovator rig…
Lundin Petroleum began drilling the 16/1-24 exploration well at the Gemini prospect, just southwest of the Edvard Grieg field. The Island Innovator, from Island Drilling. The well is located in Block 16/1…
Van Oord took delivery of Damen’s offshore carrier (DOC) 8500 cable laying vessel, the Nexus. The Nexus. From Damen. The Nexus is a 126-m vessel that will be used for the installation…
Lundin Norway received consent from the Petroleum Safety Authority of Norway (PSA) for exploration drilling at the Gemini prospect in the Central North Sea. The Island Innovator. From Island Drilling…
Lundin Petroleum has announced a US$1.45 billion 2015 development, appraisal and exploration budget - representing a 31% drop compared to its forecast 2014 spending. Spending on development projects will drop about 30%, to $980 million…
US-based explorer Noble Energy has lined up a string of prospects in the Falklands with prospective resources totaling up to 1.6 billion barrels of oil. The firm has been assessing 2D seismic and new 3D datasets in the south and east Falkland basin…
Van Oord’s new DP2 cable-laying vessel Nexus was successfully launched at Damen Shipyards in Galati, Romania on 30 June 2014. The 123m multipurpose vessel will be deployed installing electrical cables for offshore wind farms. With a beam of almost 28m and a dynamic positioning system…
Aquatic Engineering and Construction, an Acteon company, celebrated its 40-year anniversary of operating in the North Sea with a celebratory event held onboard the Gulden Leeuw, a three-masted tall ship, moored in Aberdeen Harbour on 24 April…
Electromagnetic Geoservices ASA (EMGS) has received a Letter of Award (LOA) from North Energy ASA for a contract of US$3.3 million for 3D EM data acquisition over and in the vicinity of license PL509S in the North Sea. 'This contract…
Tritech’s Gemini Narrow Beam Imager (NBI) has been field-proven by Reef Subsea. The NBI successfully monitored the trenched installation of 6-in. and 2-in. cable, while using controlled flow excavation techniques. The seabed conditions around the site varied considerably…
Van Oord has ordered a new cable-laying vessel. The ship will be built at Damen Shipyards’ wharf in Romania and will be completed at the end of 2014. The ship is intended for the installation of electricity cables for offshore wind parks…
Industry and government bodies think there is still a strong future in the UK North Sea, but they are not complacent about the challenges the basin faces. After more than 40 years of production from the North Sea, with declining output…
The subsea services division of global offshore contractor EMAS has won two major contracts offshore Norway.EMAS AMC has been awarded an engineering, procurement, construction and installation (EPCI) contract, valued at approximately US$165 million…
Rotary steerable successBaker Hughes deployed its AutoTrak rotary steerable system to successfully drill four directional wells in the Gulf of Mexico’s South Timbalier area, including one well that reached total depth nearly five days ahead of schedule…
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