Statoil aims to conduct a major exploration campaign in several parts of the Barents Sea in 2017, in addition to strengthening its position in the area through several transactions with other companies. Barents map…
CGG signed an agreement with GNPC Operating Services Co. (GOSCO), an independent Ghanaian E&P services company, to form a joint-venture company dedicated to conducting high-end 2D, 3D and 4D marine seismic acquisition and related services in the territorial waters of the Republic of Ghana…
DNV GL’s new paper, ‘Enabling confidence – addressing uncertainty in risk assessments’, describes an improved risk management approach to achieve adequate safety levels while keeping costs under control. According to DNV GL, there is…
Statoil has gotten a four-month early start at its Gullfaks Rimfaksdalen (GRD) field, which was scheduled for start-up on 24 December. The project has worked faster and now the field is onstream – at lower costs than planned, the company said…
Shell is divesting 100% of its Brutus and Glider assets in the Gulf of Mexico in a US$425 million cash deal with Houston-based and privately held EnVen Energy Corp. Brutus, during dockside integration…
Fire control and safety solutions firm Blaze Manufacturing Solutions has launched its new flexible pipe solution and announced a strategic partnership with a Norwegian firm at this year’s ONS Exhibition and Conference in Stavanger, Norway…
Aberdeen-based well management firm Zenith Energy has successfully completed the plug and abandonment (P&A) of the Ombrina Mare development well, offshore Italy, for London’s Rockhopper Exploration. The Atwood Beacon…
A threatening storm in the Gulf of Mexico has forced oil and gas operators to evacuate six production platforms and one rig, and shut-in oil and natural gas production, the Bureau of Safety and Environmental Enforcement (BSEE) said today (29 August)…
Dutch outfit GustoMSC has launched a new harsh environment drilling semisubmersible series, OCEAN-HE. The OCEAN850-HE and OCEAN1600-HE have been designed for mid-water and deepwater harsh environment regions. The series' semisubmersible…
Pressure is mounting on the global oil and gas industry to reduce environmental footprint at the same time as the industry is under significant cost pressure. Since business as usual is not an option, DNV GL has launched two papers to advise…
The Mariner B vessel arrived and is safely berthed at Global Energy Group’s Nigg Energy Park, north of Inverness, after completing the 15,800nm (18,183mi/29,263km) journey from the Samsung construction yard in South Korea. Mariner illustration…
Some US$50 billion has been dropped from the Norwegian oil and gas investment hopper from 2014 up to 2020, according to figures presented at the ONS exhibition and conference in Stavanger today. The fall, amid a $1 trillion drop in global spending in the same period…
CGG launched TopSeis, its latest offshore broadband seismic solution specifically designed to overcome the intrinsic lack of near offsets inherent in 3D towed-streamer seismic, at the 2016 Offshore Northern Seas (ONS) conference today (29 August)…
Wood Group has been awarded the detailed design scope of the subsea tie-back from the Utgard gas and condensate field to the Sleipner facilities, in the Norwegian North Sea. The three-year, US$1million workscope is the first call off…
Statoil has reduced the cost of its massive Johan Sverdrup develop even further, to reach a full field break even cost of US$30/bbl, the Norwegian oil major revealed this morning. Drilling operations at Johan Sverdrup…
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