%22Nord Stream%22 News

Marathon abandons Solomon in Gulf of Mexico

Dec 03, 2015

Houston-based Marathon Oil's Solomon exploration well in the US Gulf of Mexico has been plugged and abandoned after not encountering its lower tertiary target interval. The well reached its total depth of approximately 34,600ft on Walker Ridge Block 225…

Weatherford announces new LWD tool

Dec 01, 2015

Weatherford International has announced the development of the HeatWave Extreme service for commercial use by Chevron Thailand. The HeatWave Extreme service includes a logging-while-drilling (LWD) tool string capable of withstanding temperatures of up to 410˚F (210˚C)…

Shell fined £22,500 after leak

Nov 25, 2015

Oil major Shell has been fined £22,500 after admitting failures that led to an oil leak in the North Sea. The leak, the biggest in a decade in the North Sea, was discovered on 10 August 2011, when oil was spotted on the sea surface near Shell’s Gannet F field…

First oil at Edvard Grieg

Nov 30, 2015

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…

Portugal exploration opportunities eyed

Nov 23, 2015

TGS is reprocessing some 22,847km of 2D seismic offshore Portugal thanks to success in the conjugate offshore Newfoundland and Nova Scotia.   This project, which uses TGS' broadband solution Clari-Fi, is now fully underway, said the firm…

Iran offers oil and gas projects

Nov 30, 2015

Iran has offered 52 oil and gas development projects in addition to 18 exploration blocks at its Tehran IPC Conference, held last week, according to state backed petroleum news agency Shana.   The projects, estimated to be worth more than US$30 billion…

Sewing seeds

Dec 01, 2015

We’re in tough times, but that also means there’s an opportunity to seek new solutions, according to Proserv’s David Lamont. Elaine Maslin went to hear the CEO’s views. Lamont. In 1982…

Faroe completes Blane, Enoch acquisition

Nov 06, 2015

Faroe Petroleum has completed an up to US$20 million deal to acquire Roc Oil (GB Holdings), which holds 12.5006% interest in the Blane field and a 12.00% interest in the Enoch field, both in the UK North Sea. Roc Oil GB is a subsidiary of Roc Oil Company…

Aker, MAN Diesel & Turbo form alliance

Nov 17, 2015

Image from Aker Solutions Aker Solutions and MAN Diesel & Turbo agreed to form an alliance to develop the next generation in subsea compression systems that can be used at even the smallest…

Premier lines up Sea Lion contractors

Nov 12, 2015

UK-based independent Premier Oil says it has lined up key 'world class' contractors to provide the vessel and infrastructure for its Falklands Islands Sea Lion development, after completing pre-front end engineering and design on the project…

North Sea’s first oilfield makes come-back

Oct 28, 2015

The North Sea’s first producing oilfield, Argyll, has finally been brought back on stream by operator EnQuest, after being started and decommissioned twice in the past by previous operators. Argyll, now named Alma, and part of EnQuest’s Alma/Galia development…

LR Energy releases Axxim solution

Nov 09, 2015

Oil and gas decision-makers are coming under increasing pressure to reduce asset downtime, according to new research. Commissioned by Lloyd’s Register Energy, the research polled 80 senior decision-makers in the oil and gas industry in October 2015…

Edvard Grieg gets pipelines approval

Nov 06, 2015

The Norwegian Petroleum Directorate has granted start-up consents for the Edvard Grieg oil pipeline and the Utsira High gas pipeline. These transport solutions will become part of the development of the Edvard Grieg and Ivar Aasen fields on the Utsira High in the North Sea…

Apache up North Sea reserves 50%

Nov 02, 2015

Houston headquartered Apache has unveiled a string of discoveries it has made in the UK North Sea which could increase its total North Sea reserve base by 50% and result in investment in new production facilities. The company says it has made two 'significant' discoveries in the Beryls area…

40-50% of costs need to go

Nov 04, 2015

Some 40-50% of savings or efficiency gains need to be made if the industry is going to survive the low oil price regime we are in, an industry event was told in Aberdeen today.  'For us to survive this long-term, to get by on the oil price as it is…

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