Image: Skandi Protector/DOF Subsea DOF Subsea has entered into agreement for the sale of Skandi Protector to the commonwealth of Australia. Delivery to new owners is expected in Q1 2016 and the sale will release approximately US$34…
Image: map of Mauritania block C-10/Sterling Energy Sterling Energy has announced that completion has now occurred under the sale and purchase agreement between its wholly owned subsidiary…
Det norske oljeselskap has, on behalf of the partnerships in PL 203 (Alvheim) and PL 150 (Volund), awarded an agreement to Transocean Offshore for the lease of the semi-submersible drilling rig Transocean Arctic. The contract scope for drilling of four wells in the Alvheim area…
Premier Oil’s Solan field is due to come onstream by the end of this year. It’s a unique project for the North Sea – a normally unmanned facility with a subsea oil storage tank. Bibby Polaris on location at Premier Solan…
The Norwegian Petroleum Directorate (NPD) has granted Lundin Norway a drilling permit for well 16/4-10. Well 16/4-10 will be drilled from the Island Innovator drilling facility in position 58°35’03.08’’ north 02°10’21.95’’ east. The…
ABB successfully commissioned a subsea power link for oil and gas company Eni Norge that will supply power from the Norwegian grid to the new Goliat floating, production, storage and offloading unit (FPSO). The 105.5km subsea power cable system is the longest of its kind in the world…
Wind farm owners representing 12 % of global turbine assets have founded a new peer-to-peer online platform called o2o Wind, dedicated to the exchange of knowledge and experience on operation and maintenance issues. The o2o Wind forum…
Fugro has been awarded a contract by Ophir for survey services for the development of large scale assets and infrastructure offshore Equatorial Guinea. Under the contract Fugro will deploy three of its specialist vessels - Fugro Searcher…
Iran has offered 52 oil and gas development projects in addition to 18 exploration blocks at its Tehran IPC Conference, held last week, according to state backed petroleum news agency Shana. The projects, estimated to be worth more than US$30 billion…
First oil started from the Edvard Grieg field in the Norwegian North Sea 28 November 2015. The Edvard Grieg field is part of PL338 on the Utsira High in the North Sea, about 180 km west of Stavanger. The development comprises a steel jacket platform and 22…
French independent Perenco and partner Société Nationale des Hydrocarbures have made their final investment decision on a floating LNG project offshore Cameroon. The move follows an agreement with Gazprom Marketing & Trading Singapore Pte over gas sales…
Norwegian certification and classification body DNV GL has produced a 'top 10' cyber security vulnerabilities for oil and gas firms operating offshore Norway. The list, produced as the organization delivered a study on cyber security to the Lysne Commmittee…
With a mere four orders so far this year the floating production system (FPS) sector is suffering. However, things are anticipated to be better next year, with the US Gulf of Mexico (GoM) in particular, having a surprisingly bright future…
Advances in two areas of asset integrity are being targeted by a new oil and gas industry project being led by Total E&P UK and Amec Foster Wheeler under the direction of the Technology Leadership Board, which could unlock £1 billion of revenue…
Over the past 14 months, 44 ultra deepwater floating rigs have been scrapped, amounting to more retirements than over the past 20 years combined. The figures, presented by Seadrill in its third quarter results, serve to underline the continuing tough market conditions for offshore drillers…
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