Statoil and its partners will invest US$122 million (NOK1 billion) in a new project to boost production from the Fram field in the Norwegian North Sea, in the Troll license area, the Norwegian major announced on 6 November. The investment…
Norway’s Petroleum Safety Authority (PSA) has ordered Eni Norge to address issues related to electrical safety on the Goliat floating production storage and offloading vessel after an audit uncovered regulatory breaches. Last month, PSA…
Siccar Point Energy will sell to Dyas UK Limited its 26% equity interest in three production contract licenses covering the Jackdaw discovery in the central UK North Sea. While Jackdaw operator Shell has conducted excellent work progressing the opportunity…
Great Yarmouth-based oilfield and renewables firm ATAM Group is opening its second office in Aberdeen and planning to launch three new products. The firm was founded just last year and supplies tools and software products for maintenance…
The trophy for this year's Offshore Achievement Awards in Aberdeen has been picked, with less than a month to go now until entries close for the Society of Petroleum Engineers' organized event, supported by OE (Offshore Engineer). Each year the organizers of the awards…
Two UK engineering firms have joined forces to offer what they're calling a new project delivery alternative for North Sea operators. Aberdeen-based Apollo Offshore and Kintore-based AquaTerra Group say they want to offer an 'agile, lean and integrated engineering business' via FOS Group…
UK-based oil and gas exploration minnow i3 Energy says drilling is expected to start on its North Sea Liberator development in 1H 2018. The firm says 2P reserves on the field have been increased from an estimate of 11.7 MMboe, re-classified from 2C resources of 9…
ConocoPhillips has been asked to provide for more information about their plugging and abandonment operations in the Ekofisk field, specifically around how their permanent well barriers meet regulatory requirements from a long-term perspective…
VNG Norge, on behalf of the PL 586 partners, has issued a letter of intent (LOI) to TechnipFMC for the Fenja field development project (formerly known as Pil and Bue). The LOI covers the EPCI (engineering, procurement, construction and…
French operator Engie E&P has increased its resource estimate for the Cara field in the Norwegian sector of the North Sea and reached a 'concretization decision,' or feasibility decision gate, on the field. Engie says Cara contains 56-94 MMboe…
INEOS has completed its acquisition of the North Sea Forties Pipeline System (FPS) and associated pipelines and facilities and the Kinneil Terminal from oil major BP. The 235-mile pipeline system links 85 North Sea oil and gas assets to the UK mainland and the INEOS site in Grangemouth…
Trelleborg’s engineered products operation has supplied a bespoke, flexible rubber membrane to WETFEET, a US$4.03 million (€3.46 million), three-year research and development project designed to foster the exploitation of ocean wave energy…
Independent Oil and Gas says it will drill a well on its Harvey license in the UK southern North Sea within two years, after a new report estimated 45-286 Bcf on the block. The competent person's report by ERC Equipoise says the…
Nexen Petroleum UK has awarded Maersk Drilling a contract for the drilling of three wells and options for nine additional wells at the Buzzard field in the Central North Sea. The drilling campaign is for the Buzzard Phase II Development Project and is planned to commence around July 2018…
Private equity backed independent Chrysaor says it is already maturing drilling opportunities after completing a deal to buy a major package of UK North Sea assets from Shell for up to US$3.8 billion. The deal sees Chrysaor become a major independent exploration company company in the UK…
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