Applying digital technology to the Culzean HPHT development could provide efficiency savings of at least US$10 million per annum and introduce the iPad and tablet as standard offshore equipment. Maersk Oil’s Troels Albrechtsen explains. The…
A new subsea company has officially launched with the announcement of its first UK contract. ROV and inspection company Rovco, based in Bristol, has secured a contract with a UK Marine Trust. The company, which says it has 10 ROVs…
Houston-based Vaalco Energy’s Avouma project is back online offshore Gabon, West Africa, following issues with its electric submersible pump (ESP) that date back to late June. Map from Vaalco. According to Vaalco…
Time and greater understanding makes most people and companies look at projects and assets differently and it’s no different for oilfields. Elaine Maslin reports from Devex. The Britannia BLP…
Only three companies participated in the US Bureau of Ocean Energy Management’s (BOEM) first ever online lease sale. Out of the 4399 blocks offered, the sale only received bids for 24 of those blocks for a total of just over US$18 million…
Production at Chevron’s Erskine project in the Central North Sea has hit a new snag, after Shell said that further work is needed on the recommissioning of the Lomond platform, according to partner Serica Energy. Erskine…
Tullow Oil has achieved first oil from the Tweneboa, Enyenra, Ntomme (TEN) fields offshore Ghana with MODEC’s Prof. John Evans Atta Mills floating production and storage offloading (FPSO) vessel. Prof…
UK-based driller Awilco Drilling has swung back to a profit in Q2, but is set to cold-stack its WilHunter semisubmersible due to lack of work opportunities for it in the short-term. The WilHunter will join a fleet of seven cold-stacked…
Ithaca Energy is eyeing November as its start-up date for first hydrocarbons at the Stella field, as the company reduced its net debt to US$606 million in 1H 2016. The FPF-1 departing Remontowa yard…
The UK's Oil and Gas Authority (OGA) has awarded more than £200,000 in the final stage of its exploration license competition which was launched earlier this year to stimulate further interest in offshore oil and gas exploration activity in the UK Continental Shelf (UKCS)…
Subsea UK is encouraging British firms to set their sights on international expansion to sustain long term growth. The industry body is urging companies to look beyond the North Sea and establish international links to generate new business…
Assets and activities of inspection, examination and engineering services firm IMES have been bought out of administration by Seanamic Group. Administrators from KPMG were appointed to IMES on 10 August. The company, which had a turnover of around £5 million…
Vaalco Energy’s experienced a 72% increase in its revenue in Q2 2016, in addition to a new setback offshore Gabon with another failed electrical submersible pump (ESP) on the Avouma platform. Map from Vaalco…
A 16-strong executive committee of industry experts has been appointed for SPE Offshore Europe 2017, including senior executives from Statoil, Total and Schlumberger. The team is now working on the theme and topics for the biennial event…
Unite the union says it has called for urgent talks with engineering firm Wood Group ahead of more planned strike action in the North Sea. Nearly 400 workers in the Unite and RMT unions who work for Wood Group on Shell platforms in the UK North Sea have so far staged two walkouts…
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