A US$3.36 billion (DKK21 billion) investment into a redevelopment of the Tyra gas field on the Danish Continental Shelf has been approved by the Danish Underground Consortium (DUC), led by Maersk Oil. The move will see the largest oil…
While decommissioning is often seen as a challenge, to the Dutch it is also an opportunity. Elaine Maslin reports. The North Sea Wind Power Hub concept. Images from TenneT. The Dutch don’t…
Gaspar Franco Hernández, of CNH, discusses the abundant opportunity to develop Mexico’s over 200 mature fields (First published in the December 2017 OE, access the full issue here). Map of Mexico’s mature fields. Image from CNH. There are several definitions of mature fields…
EnQuest says its Kraken field is on track to reach 50,000 bo/d gross in the first half of 2018 after achieving month on month production growth since coming on stream June this year. Armada Kraken FPSO Early this month…
Norway-based Siem Offshore has ended talks with Subsea 7 over a possible sale Siem Offshore Contractors (SOC), and will continue to operate SOC, Siem reported today (29 November). The company had entered into discussions with Subsea 7…
Frigstad Offshore reported Tuesday (28 November) that it had initiated a tender process with shipyards in Asia to price a new generation harsh environment semisubmersible drilling rig. The Frigstad D90TM AWD design has been developed over…
Australia-based Beach Energy will farm into two adjoining permits in the Carnarvon Basin offshore Western Australia that contain the gas-condensate prospect Ironbark. Ironbark map. Source: Cue Under the agreement…
Statoil plans to establish next year a new onshore integrated operations center (IOC) that will help increase safety, add value and reduce emissions from its the Norwegian Continental Shelf (NCS) fields. By establishing the IOC, Statoil…
Hess Corp. has completed the sale of its interests in offshore Equatorial Guinea to Kosmos Energy and Trident Energy for US$650 million. Hess’ exit from Equatorial Guinea comes after nearly two decades of operations at the Ceiba field and Okume complex…
OMV has spudded the Iris/Hades (Aerosmith) exploration well on the Halten Terrace in the Norwegian Sea, says partner Faroe Petroleum. Exploration well, 6506/11-10 (Faroe 20%) in license PL644/PL644 B, is being drilled about 200km offshore using the Deepsea Bergen semisubmersible…
UK focused Independent Oil and Gas (IOG) has been given a two-year extension on its Harvey license in the North Sea and says it plans to drill on the license by September 2019. The Oil & Gas Authority has extended the initial term for license P2085 to 20 December 2019…
Nearly 350 fields are expected to be decommissioned between now and 2025 across the UK, Norwegian, Danish and Dutch sectors of the North Sea, with the majority of them in the UK, a report released today predicts. The figures were revealed…
Statoil has awarded a contract to Younicos, a provider of smart energy and grid solutions based on battery storage, to deliver a 1MW battery system that will be connected to Hywind Scotland, the world’s first floating wind farm. The purpose of the battery storage solution project…
Multi-purpose vessel designer CDC Scotland is set to commercialize its first vessel design through Dutch firm OOS Energy, part of OOS International. OOS Energy, which is also building two semisubmersible crane vessels, is planning to build two units…
New Aberdeen-based subsea well abandonment firm Well-Safe Solutions has picked the Port of Dundee as its onshore marine base, it announced at the Offshore Decommissioning Conference in St Andrews today. Well-Safe has secured two acres of quayside facilities with access to 40…
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