TGS has is to start two multi-client geochemical seafloor sampling and seep studies offshore Canada and in the Barents Sea. Sampling locations for both programs were identified using recently acquired multi-client seismic data. The Labrador…
Talisman Energy has confirmed that it has been approached by Spain's Repsol over 'various transactions.' Repsol has been reported to have been considering a bid for Canada-based Talisman, Bloomberg reported. A statement from Talisman…
The Underwater Technology Conference 2014, sponsored by the Underwater Technology Foundation and held 18-19 June in Bergen, kicked-off by diving into this subsea factory tour video from Xvision.
The UK Government has launched a consultation into a proposed tax allowance to encourage investment in ultra-high-pressure, high-temperature (uHPHT) oil and gas fields in the UK North Sea. The allowance could reduce the tax on a portion of a company's profits from 62% to 30%…
Centrica Resources Norway, operator of production license 405, in the southeastern part of the Norwegian North Sea, has completed drilling wildcat well 8/10-6 S. The well is dry, said the Norwegian Petroleum Directorate. The well was drilled 13 km southwest of the Ula field…
Det norske oljeselskap has spudded exploration well 2/9–5 S in production license 494, in the Norwegian North Sea, targeting the Heimdalshø prospect using the Maersk Giant jackup rig. The well spudded 21 July, said Fortis Petroleum, a partner on the project…
Singapore-based COSCO Corporation is looking for a buyer for ATP Oil & Gas (UK)’s Octabuoy facility. COSCO’s Nantong yard ceased work on the project, a semisubmersible dry-tree production platform, which had been due to be used on ATP’s UK North Sea Cheviot field development…
DONG Energy released a video showing the installation of the Hejre jacket that occurred on 23 May 2014. DONG Energy has installed the jacket for the Hejre platform in the Danish sector of the North Sea, 292km north west of Esbjerg…
Statoil Petroleum has made a small gas discovery on the 7325/1-1 well on production license (PL) 615 in the Barents Sea. The well was drilled about 56km northeast of the Wisting Central oil discovery 7324/8-1, operated by OMV, in the Barents Sea…
INTECSEA UK has been awarded a subsea front-end engineering and design (FEED) contract for Maersk Oil UK's US$4.7 billion Culzean ultra-high-pressure, high-temperature development in the North Sea. The contract, which includes optional…
Statoil has resumed oil and gas production on the Njord A floating steel platform in the Norwegian Sea after a major reinforcement of the platform structure. Njord A, which produces the Njord and Hyme fields, had been shut down since…
2H Offshore has joined Blue Mining, an international consortium comprised of 19 industry and research organizations, to develop deepwater mining solutions. Over the next four years, the European Commission-funded project is developing…
Drilling has started at the Domino-2 appraisal well in the deepwater sector of the Neptun Block offshore Romania in the Black Sea, says OMV Petrom. OMV Petrom is a partner on the block with ExxonMobil Exploration and Production Romania…
With Pieter Schelte, the figures alone are impressive: 382m-long, 124m-wide, and with a slot width of 59m, it can remove topsides up to 48,000 tonnes in a single lift, potentially revolutionizing large decommissioning projects. The new…
Norway-based AGR Holdings (AGR) is to be taken over by private equity firm Silverfleet Capital in a deal worth NOK 1,640 million (€195 million). The deal is expected to be completed on or around end of August 2014. AGR Holdings is the petroleum services division of Oslo-listed AGR Group…