The construction of Amrumbank West offshore wind farm in the German North Sea is complete. Image from E.ON. All 80 turbines are connected to the network. With its full installed capacity of 288 MW now operational…
Alpha Petroleum has lifted the lid on a new FPSO based development for the Cheviot heavy oil field in the UK sector of the North Sea. Alpha has spelled out plans for a 26 well project with a target for first oil in 2021, which will have production of up to 35…
Operator Centrica Energy Norway and partners have decided that the Butch discovery in the Norwegian sector of the North Sea will be developed as a subsea tie-in to the Ula field. With the selected subsea tie-in concept the Butch well…
Low oil prices and demands for industry wide efficiencies are driving the need to make the most of offshore oil and gas assets. On 27 October, the Energy Institute (EI) will host a conference in Aberdeen to discuss Asset integrity, ageing…
Statoil senior vice president Tove Stuhr Sjøblom has taken over as managing director of Statoil Production UK. As the new head of the company’s Aberdeen office, Sjøblom is responsible for Statoil’s upstream development and production activities in the UK and Ireland…
Van Oord has completed the installation of the 150th foundation at the Gemini Wind Park in a record time of 3.5 months. On the 1 of July 2015, Van Oord’s newbuild installation vessel Aeolus, together with Swire Blue Oceans Pacific Osprey…
Total has agreed to sell a 15% stake in the Gina Krog field in Norway to Tellus Petroleum, a subsidiary of Sequa Petroleum for NOK 1.4 billion. 'As a result of a full comparative review of our global asset portfolio and in particular of our vast portfolio of opportunities in Norway…
Lundin Petroleum has started drilling exploration well 16/1-25 S on the Rolvsnes prospect in PL338C about 6km south of the Edvard Grieg field in the Norwegian sector of the North Sea. Well 16/1-25 S will explore the Rolvsnes area, between the Edvard Grieg field and the Luno II discovery…
Det norske oljeselskap has entered into an agreement to acquire Svenska Petroleum Exploration for US$75 million on a cash free, debt free basis. Svenska has 15 employees in Norway, of which all will be transferred to Det norske. Svenska holds 13 licenses in Norway…
INEOS has agreed to acquire a strong portfolio of natural gas assets in the North Sea from a UK subsidiary of DEA Deutsche Erdoel AG, which is part of the LetterOne Group. Image from INEOS. INEOS Upstream will acquire gas fields…
BP's Glen Lyon floating production, storage and offloading vessel (FPSO) is nearly finished and due to sail away to the North Sea next month, BP has said in posts on social media. The firm, which posted a video of the naming ceremony…
Norwegian firms have chalked up yet another subsea first on the country's continental shelf. Just weeks after Statoil brought the Aasgard subsea gas compression project online, on 17 September, Statoil has announced it has now also started…
The offshore vessel market is facing a 'long hard winter' as falling activity will drive further layups, says broker Westshore. The Norway based broker says that around 60 offshore support vessels are now laid up in the North Sea - before…
Following on from the successful launch of the ISA500, Aberdeenshire based Impact Subsea has released the ISA500-L. The ISA500-L is the lite version of the ISA500, providing a highly cost effective solution for underwater altitude and distance measurement applications…
The Norwegian government has said it expects oil and gas investments to fall nearly 21% by 2017, from a record high last year, in its 2016 budget, budget outlined 7 October. With prices expected to remain low in the short-term, the pain is set to continue for the country…
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