Quietly, but surely, high-pressure, high-temperature expertise is being developed on the UK Continental Shelf. Elaine Maslin sets out the detail. Action on Alder. Photos from Airborne. The North Sea’s latest high-pressure…
Wintershall has started production from its first-ever operated Danish oil field, the Ravn field in the North Sea. The Ravn platfrom. Image from Wintershall. Ravn is in Block 5/06 in the Danish North Sea…
Aker Solutions has completed the acquisition of oil-services provider Reinertsen, building on its position as a leading maintenance and modifications supplier offshore Norway. The agreement to buy Reinertsen's Norwegian oil and gas services business…
BW Offshore has completed a deal with Harvest Natural Resources for its stake in the Dussafu production sharing contract (PSC) offshore Gabon. BW Energy Gabon (BWEG) now holds a 66.67% working interest in the Dussafu PSC, while Panoro Energy holds the remaining 33…
Even though the downturn has changed many operator’s initial plans, subsea tiebacks have emerged as the economical way to develop many Gulf of Mexico fields. Karen Boman reports. The North Ocean 105 lay vessel…
Apache Corp. awarded Servelec Controls a contract to modify the fire and gas safety systems on the Beryl Alpha platform in the North Sea to enable the safe expansion of its current processing capability. Beryl Alpha…
Montreal-based engineering and construction firm SNC-Lavalin has expressed interest in acquiring UK-based engineering firm Atkins Global for cash consideration of £2.08 billion (US$2.6 billion). Neil Bruce…
Petróleo Brasileiro (Petrobras) has canceled its deal with Karoon Gas Australia for a stake sale in the Baúna and Tartaruga Verde oil fields offshore Brazil, however the Brazilian giant will continue its efforts to sell off its interest in the two fields…
The impact of asset integrity is hard to quantify, but UK North Sea goals to tackle it, including using robots, are being made clear. Elaine Maslin reports. The P100 robot “snake arm” robot is due to be trialed in the North Sea this year…
PT Medco Energi Internasional has gained a 35% participating interest in the South Natuna Sea Block B in Indonesia, following a deal to buy Inpex's Indonesian subsidiary Inpex Natuna Ltd. The agreement is between Japan's Inpex and PT Medco…
RockRose Energy has agreed a deal to acquire Egerton Energy Venture's share capital, in a move which will see it take over the firm's non-operated interests in the Galahad (27.8%) and Mordred (8.33%) gas fields in the southern North Sea. RockRose…
A Norwegian newcomer with ties to Seadrill, Borr Drilling, is set to acquire Transocean’s entire jackup fleet, including newbuilds, in a US$1.35 billion deal. The Constellation II jackup. Image from Transocean…
Industry doyen Sir Ian Wood has kicked-off a new campaign ahead of SPE Offshore Europe 2017 to encourage previous and future visitors, exhibitors and speakers to share their experiences of the event and what they are looking forward to seeing at September’s conference and exhibition…
BP’s five-year plan has revealed the next wave of its competitive projects with potential new final investment decisions (FID), a list of several offshore projects set to come online this year, and eight projects that are currently under construction set for start-up in 2018-2021…
Spain's Repsol has cleared a hurdle to drill the Stordal prospect in the Norwegian Sea using Transocean's semisubmersible drilling rig Transocean Spitsbergen. The Petroleum Safety Authority has given the firm permission to drill the Stordal well 6705/7-1 in 1410m water depth…
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