Latest News - page 1875

 

AGR signs Woodside agreement

Nov 06, 2017

AGR is set to deliver drilling, completions, well site and well engineering services to Australian oil and gas company Woodside Energy, as a result of signing a four-year Outline Agreement with the opportunity to perform services. Andy Perchard…

Statoil makes $122 million Troll investment

Nov 06, 2017

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…

TEN development drilling to resume in 2018

Nov 06, 2017

Tullow Oil plans to resume development drilling at the TEN (Tweneboa, Enyenra, Ntomme) field offshore Ghana in early 2018 after a drilling moratorium related to a boundary dispute was lifted, partner Kosmos Energy reported today (6 November)…

PSA issues new Goliat safety order

Nov 06, 2017

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 to sell HPHT Jackdaw stake

Nov 06, 2017

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…

Point Resources plans big investment for Norwegian fields

Nov 06, 2017

Norwegian private equity-backed player Point Resources has completed its deal to buy ExxonMobil's operated stakes in the Balder, Ringhorne, Ringhorne East, Jotun and Forseti fields on the Norwegian Continental Shelf (NCS) and plans to invest US$2…

ATAM Group grows Aberdeen footprint

Nov 06, 2017

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…

Offshore Achievement Awards deadline weeks away

Nov 06, 2017

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…

Apollo, Aquaterra create FOS Group

Nov 06, 2017

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…

i3 eyes 1H 2018 Liberator drilling, orders trees

Nov 06, 2017

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…

Harvey delivers Harvey Sub-Sea MPSV for GOM

Nov 06, 2017

Louisiana-based offshore vessel firm Harvey Gulf International Marine has delivered the first of two new, large-capacity multi purpose support vessels (MPSV). The delivery follows recent proposals by the US Customs & Border Protection…

PSA wants information on Ekofisk well barriers

Nov 03, 2017

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…

Xodus, Subcon collaborate on decommissioning

Nov 03, 2017

UK-based Xodus Group has formed a new collaboration with stabilization and artificial reef specialist Subcon International to deliver Integrated Rigs to ReefsTM (IR2RTM) decommissioning solutions globally. The partnership combines Xodus’…

Inpex adds to acreage near Ichthys

Nov 03, 2017

Japan's Inpex has been awarded an exploration permit for Release Area WA-532-P, close to its Ichthys LNG development, in Australia’s 2016 Offshore Petroleum Exploration Acreage Release. Inpex Browse will hold a 100% participating interest in the block…

Carnarvon inks Bonaparte Basin license

Nov 03, 2017

Carnarvon Petroleum has been awarded the shalow water AC/P62 permit in the Southern Vulcan Sub-basin, in the prospective Bonaparte Basin, on Western Australia’s North West Shelf. The large 1512sq km permit contains multiple attractive…

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