Norway's Ministry of Petroleum and Energy has signed an agreement with Statoil on a feasibility study regarding CO2 storage on the Norwegian Continental Shelf (NCS). The study will include various development concepts for storing CO2 at three different locations on the NCS…
North Sea production rose for the first time in 15 years last year, but, the industry will be extremely challenged to sustain this into 2016 and beyond and job losses are set to continue, industry body Oil & Gas UK warns. According to government data…
Statoil has awarded two new, long-term contracts with estimated value of NOK 11 billion for insulation, scaffolding and surface treatment services to Beerenberg Corp and Prezioso Linjebygg. They will provide services to 20 of the company’s…
Maritime safety equipment and servicing manufacturer VIKING Life-Saving Equipment has received type approval from Lloyd’s Register for its new offshore evacuation chute system, certified to operate at an unprecedented evacuation height of 81m to sea level…
Aker Solutions, N-Sea and Saab are in contention for the Subsea Company of the Year award at this year’s Subsea UK Awards, held during Subsea Expo – Europe’s largest subsea focused exhibition and conference, and supported by principal media partner OE…
Quadrant Energy encountered condensate rich gas from at least three hydrocarbon columns at the Roc-1 well, offshore Western Australia. Map of Roc-1, courtesy of Carnarvon. Roc…
Singapore's KrisEnergy has doubled its production of oil and gas in four fields in the Gulf of Thailand, in addition to one onshore gas field in Bangladesh. Together, production stood at 19,935 boe/d as at 1 January 2016. According to KrisEnergy…
Ongoing storms in the North Sea have seen another vessel break loose and start drifting. According to reports on Norwegian news sites, the Safe Bristolia flotel, which was being towed from the UK to Poland, is drifting about 120km offshore Scotland…
Woodside Energy has made a gas discovery offshore Myanmar giving hope to the string of majors who entered the country following its emergence from sanction driven isolation. Woodside made the discovery on the Shwe Yee Htun-1 exploration well in Block A-6 in the Rakhine Basin…
2015 was a tough year. Spending and headcounts have been slashed across the industry and the specter of bankruptcy is an all too common concern. Recent trends in commodity prices have not helped. Late December saw Moody’s downgrade its…
UK based independent Cairn Energy has successfully tested its SNE-2 appraisal well offshore Senegal. The firm performed drilling, coring, logging and drill-stem testing (DST), as part of its latest, minimum three-well exploration campaign offshore Senegal…
A joint venture between Amec Foster Wheeler and Clough, Clough AMEC, has been awarded a three-year contract by ConocoPhillips to provide asset support, operations and maintenance services to the Bayu-Undan offshore field development, located in the Timor Sea…
Norwegian accommodation vessel provider Prosafe and oil firm Statoil have agreed to re-phase the Mariner project on the UK Continental Shelf of the North Sea from 2016 into 2017, and extend the firm hire duration from eight months to 13 months…
While the oil price has sucked much wind out of the sails of the FPSO industry, work must go on. And there are still quite a few projects lined up from 2016-2018. Infield Systems presents this list of conversion and newbuild construction projects…
With many assets now more than 25 years old, asset integrity is a daily concern on the UK Continental Shelf. Is the industry keeping up? Elaine Maslin reports. Rope access is used to get to areas usually out of reach…
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