Norway's Ministry of Petroleum and Energy approved plans for Wintershall’s US$1.8 billion (NOK 15.3 billion) Maria development, offshore Norway. Maria development plan. Image from Wintershall. The Maria field…
Two and a half years after project sanction, production began from Statoil’s Smørbukk South Extension at the Åsgard field. Installation of Smørbukk South Extension subsea template. Images from Statoil…
Norway's official statistics organisation, Statistics Norway, has predicted that oil prices are set to remain low and only gradually increase to around US$60 in 2018. The organization said yesterday that low spending will also result in a drop in investment of almost 33% from 2013 to 2018…
UK-based consultancy Crondall Energy has been awarded a contract with a consortium of Aker Solutions and Subsea 7 for the Ophir Energy Fortuna Project in West Africa. The award is to provide technical support to the competitive upstream…
Statoil to develop new small discovery in the 30/9-27 S in production license 104 as part of Oseberg Delta project. The well was drilled about 7km west of the Oseberg Sør-field in the northern part of the North Sea, 150km west of Bergen…
In a new global gas analysis, Wood Mackenzie remarks that despite the outlook for global LNG demand looking increasingly subdued, the number of LNG projects proposed to take a final investment decision (FID) in 2015 and 2016 has not reduced significantly…
US-based Noble Energy says it is imperative that the Israeli government follows through with and approves a framework agreement to develop Leviathan and Tamar, which was presented to the Knesset yesterday (2 September). Map of Israel…
Amidst its international corruption investigation, Petrobras terminated its US$1.6 billion contract with Vantage Drilling for the use of the Titanium Explorer ultra deepwater drillship citing a breach in Vantage’s obligations under the contract…
Japan's INPEX has submitted a revised development plan for the Abadi LNG project offshore Indonesia. Inpex says greater volumes of gas than thought have been confirmed, leading to a larger floating liquefied natural gas (FLNG) proposal now being developed…
Husky Energy has reported a major hydrocarbon gas release from subsea equipment on its White Rose development. According to the Canada-Newfoundland & Labrador Offshore Petroleum Board (C-NLOPB), the release happened on 31 August from…
Churchill Drilling Rools has performed the first full rig test its HyPR HoleSaver, which it has described as the world’s first full-strength disconnect sub. To an audience of industry superintendents, senior drilling engineers and fishing specialists…
A new super complex at the heart of the future development of the Nasr oil field, offshore from Abu Dhabi in the United Arab Emirates, is to be powered by Nexans' subsea cables. Nexans has been awarded contract worth around US$100 million by engineering…
Tata Steel has successfully expanded on its revolutionary new range of welded linepipe it was revealed today. The announcement came as the company prepares to attend SPE Offshore Europe, where it is also celebrating 21 years and one million tonne of steel in the North Sea…
Premier Oil's exploration well 3/7-10 S on the Myrhauk prospect in the Norwegian sector of the North Sea is to be plugged and abandoned as a dry hole. The well, on the south east flank of the Mandal High in production license 539, reached total vertical depth of 3464m…
At this year’s Offshore Europe, The Lubricant Co. will be hosting ExxonMobil experts to showcase advanced lubrication solutions for the oil and gas industry. Join as experts from both companies give insights into how to improve safety…