North Sea minnow Independent Oil and Gas (IOG) has been given extra time to develop its Blythe discovery, in the southern North Sea. The firm has been given an extension on License P1736, by 12 months to 31 December 2018, dependent on…
Norwegian operator Aker BP has submitted three plans for development and operations to the Norwegian Ministry of Petroleum and Energy for projects on the Norwegian Continental Shelf. Aker BP is planning to develop Valhall Flank West…
UK Continental Shelf (UKCS) operating costs dropped by 14% in 2016, with operators securing about £1.1 billion reductions in operating expenditure (OPEX), according to the UK Oil & Gas Authority’s (OGA) inaugural report, “Analysis of UKCS Operating Costs in 2016”…
Spanish oil firm Repsol has awarded UK engineering firm Atkins a contract for structural front end engineering design (FEED) and detailed design services for work on the Yme field offshore Norway. Repsol Norge is moving forward with a new attempt to develop the Yme field…
Shell has awarded a contract to UK forge Sheffield Forgemasters for castings for use on the Vito semisubmersible platform for the US Gulf of Mexico (GoM). The project will see the Sheffield Forgemasters' offshore oil and gas specialist…
Statoil has awardedd Aker Solutions a framework agreement for the provision of subsea services on the Norwegian oil major's operated assets offshore Norway. The contract has a fixed period of five years, starting in the first quarter of 2018…
Work on a subsea power grid, which could support all-electric subsea process, has taken a step forward in Finland with the successful testing of subsea variable speed drives. A full scale prototype of a subsea variable speed drive (VSD)…
UK-based subsea equipment firm Ashtead Technology deployed a new advanced subsea laser scanning technology on a project for Subsea 7 in the UK North Sea. Working on Chevron’s Captain field, Ashtead performed a well inspection using Newton…
Maersk Drilling has picked Aker Solutions for modification work on a production module on the Maersk Inspirer jackup rig so that it can be used on Repsol's Yme field offshore Norway. Repsol is looking to redevlop the field, after removing an existing platform facility…
North Sea production shut-in due to a 'hairline' crack in a pipeline is costing operators US$26.68 million a day in lost production, according to industry body Oil & Gas UK. The crack was found last week in an onshore section of the 235mi-long Forties Pipeline System (FPS)…
West of Shetland fractured basement explorer Hurricane Energy says work on its Lancaster early production system EPS) floating production unit and turret in Drydocks World, Dubai, are on schedule. The Lancaster EPS is a two-well tieback to a floating production…
Maersk Oil and the Danish Underground Consortium are investing US$3.36 billion to redevelop Denmark’s principal gas field. Watch the video below or read more here
UK-based fractured basement reservoir explorer Hurricane Energy says a new competent person's report (CPR) across its Rona Ridge assets has seen an increase in its reserves estimates - by 231%. The report, by by RPS Energy Consultants…
EnQuest COO and executive director Neil McCulloch is stepping down today from his posts, by mutual agreement, according to the UK independent operator. In his place, Faysal Hamza has been appointed Interim Head of North Sea, and Bob Davenport has been appointed Managing Director…
New North Sea-focused independent Spirit Energy, owned jointly by Centrica and Bayerngas Norge, has launched. Spirit Energy combined Centrica’s E&P business with Bayerngas Norge, under a deal announced in July this year. Spirit…
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