Statoil’s Gullfaks B platform and associated pipelines will now operate until 30 June 2036 after receiving a consent for use from Norway’s Petroleum Safety Authority (PSA). PSA’s existing consent for the platform – which was installed…
Statoil has awarded Deep Sea Supply two contracts for two of the company's platform supply vessels (PSV). The first deal is a two-year contract for the Sea Frost PSV, for operations in the North Sea. The deal comes with options. The…
UK-based engineering firm Aquaterra Energy has won a major contract to supply subsea high pressure riser (HPR) equipment and services for a subsea abandonment project in the central North Sea. The multi-million pound deal will see Aquaterra…
Engineering and services firm Claxton Engineering has been awarded a contract to riglessly casing cut and recover a total of seven wells in the southern North Sea across two normally unmanned, platforms, along with an additional subsea suspended well at one of the locations…
The UK's Oil and Gas Authority (OGA) has announced a suite of measures designed to make data openly available and stimulate interest in the UK Continental Shelf (UKCS) ahead of the 30th Offshore Licensing Round. The 30th Offshore Licensing…
Aker BP has drilled a dry hole close to the Volund field in the Norwegian North Sea, according to the Norwegian Petroleum Directorate (NPD). Well 24/9-11 S was drilled using the Transocean Arctic semisubmersible drilling rig in 122m water depth…
Seventy-seven discoveries on Norway’s Continental Shelf containing 700 MMcum were being considered for development at the start of 2016, the Norwegian Petroleum Directorate (NPD) reports. Most of these discoveries are in the North Sea…
Production efficiency (PE) on the UK Continental Shelf (UKCS) has risen for a fourth consecutive year to 73%, according to a new publication released by the UK regulator, the Oil and Gas Authority (OGA). The increase in the measure, which…
The UK's Oil and Gas Authority has cleared Maersk Oil North Sea to assign its interest in license P218 to new independent RockRose Energy. The license contains the Scott (Maersk 5.16%) and Telford (Maersk 2.36%) fields. Scott and Telford are operated by Nexen through the Scott platform…
The key to governing a late life oil province like the North Sea is getting the balance right between initiatives to maximize recovery in late life assets with the practicalities of planning for decommissioning. Fail on the first and…
Faroe Petroleum has announced positive results from its Brasse appraisal well in the Norwegian North Sea, confirming Brasse as a commercial discovery. The firm says it now plans to perform a drill stem test (DST) and potentially side track the well…
Improvements in oil and gas contractor confidence both on the UK Continental Shelf (UKCS) and internationally suggests some businesses are seeing signs of recovery and are focused on the future, according to an industry report released today…
TAQA Bratani has awarded Odfjell Drilling a contract for platform drilling and maintenance services on five of its platforms in the UK North Sea. The contract period is two years, with additional yearly options. The contract is planned to start Q3 2017…
Wood Group has been awarded two new contracts by Statoil to deliver concept and feasibility studies to their Norwegian North Sea assets. Wood Group will deliver a topside concept study evaluating the tie in of Total’s Garantiana field development to Statoil’s Gullfaks B and Visund facilities…
Xcite Energy Ltd.’s (XEL) assets could have a new owner by month’s end, according to the firm handling XEL’s liquidation. In a 7 June letter, FTI Consulting said talks with one potential buyer to dispose of shares that XEL holds in Xcite Energy Resources are now in an advanced stage…
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