BW Offshore (BWO) signed a cooperation agreement with ICBC Financial Leasing Co. Ltd. (ICBCL) to form a long-term strategic partnership that will see the duo take on large international infrastructure projects with a focus on floating production and storage offloading units (FPSOs)…
Hurricane Energy has tripled its recoverable resource estimate for its Lancaster field in the North Sea to nearly 600 MMbbl. In its investor presentation, Hurricane provided an 'exaggerated' 3D model of Lancaster…
Serica Energy is targeting 2020 for first gas at its Columbus field in the Central North Sea, and reveals plans to begin drilling at the nearby Rowallan prospect next year. Map of Columbus, from Serica…
Late life-cycle integrity specialists, Well-Centric and Hunting, have been awarded an approximately US$6.2 million (£5 million) contract by a major North Sea exploration and production operator. The collaboration will see Well-Centric and Hunting join forces to provide maintenance…
Craig International has signed a five-year procurement contract for all Premier Oil’s maintenance and repair operations in the UK North Sea. The contract, which could be worth up to US$6.2 million (£5 million), will see Craig International’s…
The Petroleum Safety Authority Norway (PSA) has given Gassco consent to use the Polarled pipeline. Polarled is a new gas pipeline from Aasta Hansteen in the Norwegian Sea to the Nyhamna gas-processing facility in Møre og Romsdal county…
A new US$19.9 million (£16 million) Center of Excellence (CoE) for subsea development is to be established in East Kilbride, Scotland and will be led by TÜV SÜD Ltd. (NEL), a provider of research and development, consultancy and testing to the international oil and gas industry…
A wave of new projects is set to hit the Norwegian Continental Shelf this year, but how sustainable cost cutting measures have been to carry them out and the huge potential seen in digitizing the business was discussed in Oslo today. Shell's…
US supermajor ExxonMobil and Qatar Petroleum signed an exploration and production sharing contract with the government of the Republic of Cyprus for Block 10. Block 10 PSC signing. Image from Qatar Petroleum…
Maersk Oil has awarded iSURVEY Offshore a four-year survey and positioning contract for the company’s Danish business unit. The deal began last month, and has the option to extend by one 12-month period. iSURVEY will specifically…
Statoil has gained approval from Norwegian authorities to develop the Trestakk discovery in the Norwegian Sea. Illustration of Trestakk. From Statoil. Trestakk’s development plan is now expected to cost US$640 million (NOK 5…
Apache Corp. awarded Servelec Controls a contract to modify the fire and gas safety systems on the Beryl Alpha platform in the North Sea to enable the safe expansion of its current processing capability. Beryl Alpha…
Eni started up its new HPC3 (high performance computing) in the Green Data Center in Ferrera Erbognone, Italy. HPC3 allows Eni to fully support all the activities in the exploration and production sector. Together with the co-existing HPC2 system…
Parkmead, the UK and Netherlands focused independent oil and gas group, has nearly doubled its stake in the major Sanda North and Sanda South structures in the West of Shetland area of the UK North Sea. These two large Palaeocene prospects are both located within Block 205/13…
Kongsberg Maritime, Saipem and Hereema Marine Contractors, have all picked up contracts from Engie E&P Norge to provide front-end engineering and design (FEED) studies for modifications at the Gjøa platform in the North Sea. Gjøa…
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