Norway’s Petroleum Safety Authority (PSA) has given Statoil consent to drill well 16/2-22, an appraisal well, on the Johan Sverdrup field. The consent also applies to a possible sidetrack from this well. The Statoil-operated field, located around 140km west of Stavanger in the North Sea…
After more than three decades’ production, the mighty Murchison platform was finally down-manned this year. Work to dismantle the 25,000-tonne topsides is ongoing. Elaine Maslin reports. CNR International’s…
Noble Corp. has appointed Adam C. Peakes, 43, as the company’s new senior vice president and chief financial officer, effective 23 January 2017. The announcement comes nine months after previous CFO James A. MacLennan resigned in late-February…
Statoil reported a fire on the Scarabeo 5 drilling rig in the Njord field in the Norwegian Sea. Image of the Scarabeo 5, from Saipem. As of 20:30, Statoil said that there are…
Pryme Group has announced the acquisition of Sengs Subsea Engineering Solutions. Established in 2012, by Murray Kerr, SengS is an Aberdeenshire-based engineering company providing subsea engineering design consultancy, equipment testing and assembly…
2016 has been a year of challenges for the oil and gas industry. Audrey Leon surveys some of the year’s notable starts. Shell’s Stones project came online in September 2016, using the Gulf of Mexico’s second ever FPSO…
After a long awaited return to Liberia, ExxonMobil started drilling at the deepwater Mesurado-1 exploration well earlier this week, according to partner Canadian Overseas Petroleum Ltd. (COPL). Map of Liberia…
Premier Oil says it has further reduced costs on the Catcher floating production development in the North sea, to a forecast total US$1.7 billion. The drop, a 24% reduction on the original sanctioned estimate, comes after costs had been reduced 20% to $1…
The decommissioning of aging offshore oil and gas platforms, subsea wells and related assets is increasing dramatically, with more than 600 projects expected to be disposed of during the next five years alone. This rapid trend toward decommissioning is causing spending to rise significantly…
Repsol E&P sent an early termination notice to Rowan Companies last week, ending its contract for the Rowan Renaissance drillship effective immediately. “The company expects to continue to be paid by Repsol on a monthly basis through the original termination date of 22 April 2017…
A total of 32 crude and natural gas projects are expected to commence operations in the North Sea region by 2025, with the UK claiming the highest number at 22, followed by Norway and Denmark with nine and one respectively, according to research and consulting firm GlobalData…
The UK's Oil and Gas Authority (OGA) is holding a so-called 'hackathon' to identify new technology and practices which can reduce the cost of well construction on the UK Continental Shelf (UKCS). Jointly driven by the Technology Leadership Board Workgroup…
DONG Energyawarded UK firm JDR Cables their biggest array cable contract to date, to supply subsea power cables for Hornsea Project One offshore windfarm in the North Sea, off the coast of England. With a capacity of 1.2 GW, when built…
Statoil says it is aiming for production startup on its Trestakk discovery in the Norwegian Sea in 2019. The firm, which today submitted a plan for development and operation of the field, says the project will cost about US$610 million (NOK5…
Ecosse Subsea Systems (ESS) is investing up to US$3.7 million (£3 million) in developing a water-jetting tool, which has the potential to double trench production rates in seabed trenching operations. Image of Cowie…
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