Shell takeover target BG Group has continued a dry exploration run offshore Norway with its latest exploration well near the Knarr field. The 34/3-5 well, on production license 373 S, in 403m water depth, was drilled about 5km southeast of Knarr in the Northern North Sea…
Africa-focused proprietary investment firm L.A.T. Cleveson (LATC) signed an order with Damen Shipyards Group for two PSV 3300 platform supply vessels and two FCS 5009 fast supplier vessels. This order will bring next generation Damen…
Petroleum and energy minister Tord Lien opened the Valemon gas and condensate field in the North Sea on 16 April. Expected recoverable reserves from the field are 192 MMboe. Valemon ribbon cutting…
Zeta Energy is offering up US$22.5 million for an unconditional takeover offer for Pan Pacific Petroleum NL (PPP). Map from PPP. The offer equals to $0.04 (A$.05) per share and will be made as an on-market cash offer…
The 22,000-tonne topside for the new offshore platform for the Lundin Norway-operated Edvard Grieg field is ready for delivery, in line with the contract awarded three years ago. Image of the Edvard Grieg project…
Polarcus has secured further industry prefunding enabling the expansion of the Capreolus 3D multi-client project offshore Australia. The additional pre-funding will see the survey expand northwards with an additional 7130sq km to be covered…
Vallourec appointed Nicolas de Coignac as senior vice president Vallourec Group, President North America effective 1 April 2015. In his new role de Coignac will lead all Vallourec businesses in North America, and drilling operations worldwide…
Northern Offshore is delaying the delivery of two of its high specification jackups due to the downturn of the drilling market. The West Navigator. From NADL. Northern was able to…
When the West Deep Delta Marine development came onstream offshore Egypt in 1999, it was planned to have a 25-year field life. It’s now on its Phase IXa development, with 58 wells, seven with HIPPS, and 14 manifolds. None have been plugged and abandoned yet…
Statoil hit big at its eighth discovery offshore Tanzania at the Mdalasini-1 exploration well, with an additional 1-1.8 Tcf of natural gas. Map of Block 2. From Statoil. Mdalasini…
UK-based North Sea explorer Independent Oil and Gas (IOG) has added the Hambleton discovery to its assets after its license covering block 48/22c was extended by 42sq km. IOG was awarded the block, which also contains the Elgood discovery…
OneSubsea delivered the world’s first subsea multiphase compressor to Statoil for the Gullfaks South field in the North Sea. The subsea multiphase compressor enables boosting of unprocessed wet gas production fluids, while eliminating…
What a difference two years make. Unrest in North Africa, the emergence of US shale and tensions with Russia have all put energy high on the agenda. OE spoke to Offshore Mediterranean Conference (OMC) 2015 chairman Innocenzo Titone about…
Independent Oil and Gas (IOG) announced that further to the award of Block 48/22c in the UK 28th offshore licensing round, the license area has been increased by 42sq km to the South and now contains the Hambleton discovery, in the North Sea…
GDF Suez E&P UK made a new discovery at the Dalziel structure in the UK Central North Sea. The Transocean Galaxy II jackup. From Transocean. Well 22/16-6 flowed at rates in excess of 8000…
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