UK-based exploration firm Hurricane Energy has completed the drilling phase of the ongoing operation to drill and test a horizontal appraisal well on its Lancaster discovery, West of Shetland. The well has been drilled to plan and a 1km…
Ithaca Energy opted to extend its contract with BW Offshore's BW Athena FPSO, the Olso, Norway-based vessel owner announced on 6 June 2014. The original contract, signed in 2010, covered a service period from 2012-2015. Ithaca Energy…
Statoil has outlined investment it is making to extend the life of its Gullfaks field out to 2040, including installing new loading buoys on the field. Statoil says 2.55 billion bo from the Gullfaks field have passed through the existing loading buoys since first oil in 1986…
The Scottish referendum is impacting the plans and investment proposals of 45% of oil and gas firms surveyed for a new report, it has been announced. The number is up from 38%, according to the same survey last spring. The findings…
Limited vessel and rig availability have meant delays on two Alpha Petroleum Resources' UK projects, the Blythe development and appraisal on the Skipper field. The firm is planning to submit a field development plan for the southern North Sea Blythe gas field project Q4…
Noreco’s CFO Ørjan Gjerde will leave the company by 31 August 2014 to take part in a new business venture. Noreco announced that the search for his replacement has already commenced. Gjerde played a central role in the financial and operational restructuring of the company…
Offshore industry body Oil & Gas UK has confirmed two new senior appointments to its board. Effective from spring 2014, Trevor Garlick, regional president North Sea at BP, and John Pearson, Group President, AMEC Europe, have been appointed as the co-chairmen of the organisation…
UK oil and gas engineering firm FES International has won a US$1.2million (£700,000) contract to supply four diverless bend stiffener connectors to contractor NOV Flexibles. This is FES’ third project for NOV Flexibles this year, with a combined value of almost $5million…
The topsides for the Golden Eagle area development (GEAD) are nearing final assembly in the UK North Sea, 43mi. (70km) northeast of Aberdeen. The project is operated by Nexen Petroleum, a wholly-owned subsidiary of CNOOC Ltd. GEAD involves three fields: Golden Eagle…
Deep Sea Supply has agreed a deal to buy 10 platform support vessels (PSVs) for US$366 million. The move will increase the firm's fleet from 30 to 40 vessels. Deep Sea Supply says the 10 PSVs will achieve attractive cash break even rates…
Marathon Oil has announced it is no longer marketing its UK business after agreeing a deal to sell off its Norwegian unit. Marathon Oil Norge is to be sold to Norway’s Det norske oljeselskap in a US$2.1 billion cash deal. The sale…
Success of the Butch South West prospect, drilling on which has started, could prompt a new stand alone production facility in the North Sea, according to Faroe Petroleum. Drilling on the Centrica-operated Butch South West exploration well 8/10-6S…
A.K. Suda reports that the world’s largest liftboat has been built by Triyards Marine, Saigon Shipyard in HCMC, Vietnam, and will be delivered to Singapore-based EMAS Offshore in June. The 450ft (137.25m) truss-legged liftboat was designed by A…
BP provides this video on its LoSal enhanced oil recovery (EOR) remedy and how it applies to the Clair Ridge development. See more on this technology in the June 2014 issue of OE.
Work will continue this summer and autumn on installing a permanement seismic monitoring system on the Snorre field in the Norwegian sector of the North Sea. A dedicated system, with a seismic streamer, will also be installed on Grane…
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