Canada's Suncor Energy is to acquire a 30% stake in the UK deepwater North Sea Rosebank project from Austria's OMV. The move will see OMV reduce its stake from 50% to 20% in what is a massive, challenging, deep water, very harsh environment…
Lundin Petroleum terminated a US$265 million deal with M3nergy Investment for the sale of the Bertam floating production and storage offloading (FPSO) vessel after the Malaysian company failed to secure the required financing. The deal…
Subsea oil storage solutions could help unlock marginal fields; how easy would it be? Elaine Maslin reports from a workshop that assessed the issue. The Solan subsea tank prior to installation…
Statoil is applying new concepts and new thinking to the Johan Castberg development on the Norwegian Continental Shelf. It’s a DC fiber optic future, Elaine Maslin reports. Transocean’s Polar Pioneer semisub drilled the Skrugard prospect in 2011…
FPSOs and the single point mooring systems that connect them to the reserves they produce are Bluewater’s business. Elaine Maslin speaks to senior project manager Jeroen de Werd about turret design and the Kaombo project. The Kaombo turret…
Malaysia’s MISC has built a minimal facilities FPSO for use on marginal fields. John Sheehan takes a look. Malaysia Marine and Heavy Engineering handle the conversion (fabrication, installation and integration) of the FSO MaMPU 1…
John Bradbury takes a look at activity in the North Sea – across Norway and the UK. Johan Sverdrup - an artist's impression. Image from Statoil. By the middle of 2016 it was evident…
A hydrocarbon leak Thursday morning (28 July) aboard the Alvheim FPSO prompted a production halt at the field, according to operator Det norske. The leak occurred in the FPSO's pump room, triggering an alarm, and stopping production.…
Independent explorer Tullow Oil has returned to a profit and is looking forward to first production on its TEN project offshore Ghana next month, on schedule, and focusing its exploration efforts on South America. TEN, a floating production…
Technip has won am engineering, procurement, installation and pre-commissioning contract from Australia's Woodside for the Greater Enfield Project. Greater Enfield is 60km off Exmouth in Western Australia in 340-850m water depth. The…
Golar LNG and Schlumberger have formed a new joint venture, OneLNG, to rapidly develop low cost gas reserves to LNG. The combination of Schlumberger reservoir knowledge, wellbore technologies and production management capabilities…
OneSubsea has ordered umbilical and accessories from French firm Nexans as part of work to develop the Greater Enfield development, off Exmouth, Western Australia. The project, worth around US$21.9 million (€20 million), will see Nexans' first product installed in Australia…
Ithaca Energy's floating production unit, the FPF-1, has set sail from the Remontowa shipyard in Gdansk after completing a required inclination test. The vessel has been moved to a deepwater location offshore Gdansk to undertake final marine system trials over the course of next week…
Malaysia's Petronas has appointed a wholly owned subsidiary Vestigo Petroleum to operate the Berantai field facilities. The facilities, about 150km offshore Malaysia, comprise of a wellhead platform connected to a floating production…
Det norske oljeselskap reported nearly a 21% decline in Q2 2016 revenues, when compared to last year, however, the Norwegian exploration and development company continues to move forward with several of its big name projects. Ivar Aasen jacket…
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