Offshore Europe News - page 748

 

Brynhild finally on stream

Dec 29, 2014

First oil from the delayed Brynhild field in the Norwegian North Sea has finally been achieved, a year after it was first due on stream, says operator Lundin Petroleum. The field, which started production on Christmas Day, in production license 148…

KBC gets US$5 million upstream software gig

Dec 23, 2014

KBC Advanced Technologies won a US$5 million seven-year contract with a major European based oil field services company for the licensing of KBC’s upstream simulation portfolio. This contract covers Maximus, Multiflash and Petro-SIM for…

GasLog acquiring two BG LNG vessels

Dec 23, 2014

BG Group is selling two modern tri-fuel diesel electric (TFDE) LNG carriers to GasLog for US$460 million, a  deal that will help the company pay down its debt. Methane Becki Anne. From BG Group.   The…

North Energy assesses options

Dec 23, 2014

Norwegian oil exploration firm North Energy has launched a strategic review after being approached over potential strategic opportunities as market conditions remain difficult.  The firm says the continued low oil price presents challenges…

Storm prospect sub-commercial

Dec 23, 2014

Swedish exploration and production firm Lundin Petroleum says it has made a sub-commercial discovery on the Storm prospect, offshore Norway. The Storm wildcat well 33/2-1 on production license 555 was drilled 200km northwest of Florø…

BP, SOCAR to explore Caspian Sea

Dec 22, 2014

BP and the state oil company of the Republic of Azerbaijan, SOCAR signed a production sharing agreement (PSA) for the exploration and development of the potential prospects in the shallow water area around the Absheron Peninsula located in the Azerbaijan sector of the Caspian Sea…

Damen to refurb Petrojarl FPSO

Dec 22, 2014

Damen Shiprepair Rotterdam (DSR), part of Damen Shiprepair & Conversion (DSC), has been awarded an engineering, procurement and commissoining contract contract by Petrojarl I for the upgrade of its FPSO Petrojarl I. The Petrojarl I (pictured) is a Teekay Petrojarl-managed FPSO…

Sub-Atlantic scores multiple ROV deal

Dec 22, 2014

Forum Energy Technologies subsidiary Sub-Atlantic has secured three international contracts with a combined value of over £3.5 million for the manufacture of three specialist remotely operated vehicles (ROVs). The firm will provide IKM Subsea in Norway…

OAA trophy design chosen

Dec 22, 2014

Alexandra Pate, a Robert Gordon University student, has won a competition to design the trophy for the 2015 Offshore Achievement Awards (OAA), taking place in March.   The brief was to design a trophy which encompassed the key themes of the OAA…

MOL completes latest acquisition

Dec 22, 2014

Hungarian integrated oil and gas firm MOL Group has completed an acquisition of North Sea assets from London-listed Premier Oil.  MOL acquired non-operated interests in the Nexen-operated Scott (21.84%), Telford (1.59%) and Rochelle (15%) fields…

Transocean loses claim against Providence

Dec 22, 2014

Offshore Ireland focused exploration firm Providence Resources has confirmed that it has received a judgement in its favor in a ruling over costs Transocean was claiming against it.  The case related to cost claims made by Transocean…

Wärtsilä proceeding with first LNG terminal

Dec 19, 2014

Wärtsilä has been given full notice to proceed (NTP) from Manga LNG Oy for the supply of a liquefied natural gas (LNG) import terminal in Tornio, Northern Finland. Illustration of the LNG terminal. From Wärtsilä…

PSA denies BP Valhall QP request

Dec 19, 2014

BP’s request to extend the operating life of the Valhall field quarters platform (QP), has been denied by the Petroleum Safety Authority Norway (PSA) stating that BP has failed to define realistic acceptance criteria for non-linear analyses…

DONG building UK offshore wind farm

Dec 19, 2014

DONG Energy is constructing the offshore wind farm Burbo Bank Extension located 8km off the United Kingdom coast in Liverpool Bay. Image of DONG's Barrow Offshore Wind Farm. From DONG.    Burbo…

Gentle Giant headed for Sandbank wind farm

Dec 19, 2014

MENCK’s “Gentle Giant” will be used to assist Bilfinger Marine & Offshore Systems with the installation of subsea foundations for Project Sandbank, a new 72 turbine strong wind farm in the North Sea. The Gentle Giant…

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