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…
Lloyd’s Register has been awarded a global Master Service Agreement with Statoil Petroleum. The Master Service Agreement (MSA) is for platform technology services and HSE studies is effective from 10 November 2015 and will cover Statoil’s…
A West African operator selected Airborne Oil and Gas’s thermoplastic composite pipe (TCP) technology as the preferred solution for injecting large volumes of stimulation fluids offshore in deep water offshore West Africa. Airborne Oil & Gas will supply a 1450m-long…
Dubai based rig builder and construction firm Lamprell is hoping work in the Middle East will help it buffer the downturn. The firm currently has seven concurrent jackup rigs being constructed at its Hamriyah yard, a record for the group…
UK-based Unison has installed and commissioned the world’s largest and most powerful all-electric pipe bending machine, at the Norwegian offshore and maritime services company, Westcon Yard. Capable of generating a colossal 660,000 Nm of continuous…
Government tax receipts from North Sea oil and gas producers will be down by 94% this year to just £130 million, the UK’s Chancellor, George Osborne revealed yesterday. The revelation was made as part of the Chancellor’s Autumn Statement and Spending Review…
Lundin Petroleum Selada-1 exploration well in Block PM308A, offshore Malaysia, has been plugged and abandoned after being found to be dry. The well was targeting hydrocarbons in Miocene aged sands about 14km to the south of the Bertam field operated by Lundin Malaysia…
Aker Solutions won a framework agreement to provide maintenance and modifications services at BP-operated oil and gas fields offshore Norway. The contract has a fixed period of five years valued at as much as NOK 3.2 billion. It also…
The confidence of North Sea oil and gas contractors is at an all-time low, according to a new industry report released today. Four in five contractors (79%) surveyed say they are less confident in their prospects than a year ago, compared to just 1% that are more confident…
Due to an electric fault in the high voltage drive motor for one of the gas export compressors, the Alvheim FPSO will be running at reduced production for a period of approximately four weeks while the motor is being replaced. Currently…
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