BP's massive newbuild Glen Lyon floating production, storage and offloading (FPSO) vessel has arrived in Haugesund, Norway, for final commissioning work before heading west of Shetland on the UK Continental Shelf. The 270m…
Statoil has launched Cap-X, a new subsea development concept designed to reduce cost and increase efficiency. The Norwegian oil giant, more than half of whose production comes from some 500 subsea wells, has already been exploring ways to reduce subsea development costs…
Aker Solutions is to carry out a study on a design for a floating production, storage and offloading (FPSO) vessel for Lundin's Alta and Gohta oil development in the Barents Sea, offshore Norway. The work is under a new three-year framework…
Transocean, has opted to delay delivery, and final payments, on two dynamically positioned ultra-deepwater (UDW) drillships currently under construction at Sembcorp Marine's subsidiary Jurong Shipyard. The proprietary Jurong Espadon…
The Norwegian Petroleum Directorate (NPD) has granted Statoil a drilling permit for well 30/11-13, tobe drilled from the Songa Delta drilling facility in production license 035. The drilling program for well 30/11-13 relates to the drilling of a wildcat well…
Sequa Petroleum is dropping out of two deals to acquire stake in the Gina Krog and Ivar Aasen projects in the North Sea due to the current market conditions. Image of Ivar Aasen, from Det Norske…
ExxonMobil has started oil production at its US$4 billion Julia oil field in the Gulf of Mexico with the first production well currently online, and a second well set to start production in the coming weeks, the supermajor announced. Image…
Bergen Group and Calm Oceans agreed an agency deal to market a newly developed mono-column platform (MCP) in the Norwegian market. This offshore mobile platform is a self-elevating, multipurpose and high payload jackup, specially designed…
Offshore drilling firm Paragon Offshore has picked up two contract extensions, having reduced day rates. In the Middle East, a contract with ADMA OPCO for the M1162 jackup has been extended from mid-January 2017 to late January 2019 and…
Increased production from Chevron's high-pressure, high-temperature Erskine field has helped boost profits and reserves for UK independent Serica Energy. The firm acquired an 17% stake in the field, at a time when it was expected to produce 2100 boe/d net to Serica at $30/bbl operating costs…
Independent Oil and Gas (IOG) is planning to submit a field development plan for the southern North Sea Blythe field and nearby discoveries. The move is likely to involve a small unmanned platform, with pre-installed risers for future tie-back opportunities…
Saipem has been awarded new engineering and construction contracts cumulatively valued at about €430 million. The work includes a contract with Statoil, for the lift and mating operations of offshore floating wind turbines for the Hywind Scotland project…
Seadrill is cutting 112 Houston jobs that support the West Capricorn drilling rig in the Gulf of Mexico, effective 1 May. Image of the West Capricorn, from the Seadrill West Capricorn Facebook page…
PGS’s latest GeoStreamer survey is providing high resolution coverage of North Sea plays relevant for the seventh Danish Licensing Round. Initial data volumes will be available in May and August 2016. The Danish part of the North Sea…
Beach Energy and Cooper Energy have accepted an offer from the National Offshore Petroleum Titles Administrator (NOPTA) to convert the Basker, Manta and Gummy gas field permits VIC/L26, 27, and 28 (BMG joint venture) in the offshore Gippsland Basin into retention leases…
Subscribe
