Premier Oil's Catcher North Sea floating production project is on schedule for startup later this year with a 29% reduced capital budget compared to when it was sanctioned, at US$1.6 billion. The Catcher area is expected to produce 96 MMboe…
UK Independent Serica Energy is targeting a development plan for the long-dormant North Sea Columbus field this year, the firm said today. Serica is also firming up plans to drill its Rowallan prospect in North Sea block 22/18c in 2018…
Ithaca Energy is further delaying its Stella field offshore the UK to February 2017 due to an electrical inspection program on the FPF-1 floating production facility. First oil was anticipated at the end of November 2016, and was pushed back to January 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 GlobalData…
The Norwegian Petroleum Directorate (NPD) has granted Statoil Petroleum a drilling permit for well 16/2-22 S, cf. Section 8 of the Resource Management Regulations. Well 16/2-22 S will be drilled from the Deepsea Atlantic drilling facility in position 58°55’33…
Oil and gas production on the Norwegian shelf is high. The adjustment process has been extensive, but the cost reductions implemented by the industry will lay the foundation for profitable activity for many years to come, the Norwegian Petroleum Directorate (NPD) said…
The National Iranian Oil Co. (NIOC) has released a list of 29 foreign oil and gas firms which have been pre-qualified for its upcoming upstream projects tender round. NIOC is planning to put to a round of tenders several upstream oil…
Energean has closed its deal with Delek Group, Avner Oil Exploration, and Delek Drilling for 100% stake in the I/16 Tanin and I/17 Karish leases, offshore Israel, paving the way for Energean to stick to its plan of first oil at the two fields in 2020…
Maersk Supply Services has confirmed that two of its vessels have sunk off the coast of France today (22 December), while being towed to a Turkish shipyard for recycling. Image of one of the vessels that sunk off the coast of France…
There are slim pickings for fabricators in oil and gas sector, but as Steve Hamlen reports offshore wind fabrication has given firms some sustenance. Dudgeon jacket. Photos from Sembmarine SLP…
Delek Group completed its deal with Dana Petroleum to gain 13.18% of Faroe Petroleum, expanding the Israeli firm’s North Sea footprint, and making it the majority holder in Faroe. Map of Faroe assets…
Gullfaks was Statoil’s first field where the company was both developer and operator. Since production started 30 years ago on 22 December 1986, 2.6 billion bbl have passed the loading buoys. Image of Gullfaks C on its way to the field in 1989…
The US Bureau of Ocean Energy Management (BOEM) will offer more than 9000 blocks, spanning more than 48 million acres in the Central Gulf of Mexico (GoM) Lease Sale 247, which is the Obama Administration's final GoM sale in its five year program…
Lamprell completed the construction on the jackup drilling rig, Al Gharbia, and its delivery to Abu Dhabi’s National Drilling Co. (NDC). Completion and delivery of the jackup rig, on time and on budget, was marked at an inauguration ceremony…
North Sea explorer Independent Oil and Gas has seen an increase in resource estimates on two southern North Sea prospects, Elgood and Harvey, following 3D seismic reprocessing work. Harvey, initially thought to be one discovery and a nearby prospect are now thought to be linked…
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