North Sea News

 

Columbus plan targeted for this year

Jan 10, 2017

UK Independent Serica Energy is targeting a development plan for the long-dormant North Sea Columbus field this year, the firm said today. Serica is also firming up plans to drill its Rowallan prospect in North Sea block 22/18c in 2018…

Ivar Aasen gets PSA audit

Jan 06, 2017

Norway’s Petroleum Safety Authority (PSA) has carried out an audit of AkerBP's arrangements for the administration and management of emergency preparedness and materials handling at Ivar Aasen in the North Sea. Ivar Aasen…

Floating wind farm contract awarded to Global Energy Group

Jan 06, 2017

Dounreay Trì has awarded a construction contract for a floating wind farm off the northern coast of Scotland to Scottish energy sector service company, Global Energy Group.  The twin turbine project which is subject to receiving planning consent…

Aker BP's Valhall, Hod hit 1 billion boe mark

Jan 05, 2017

Valhall and Hod have passed 1 billion boe produced, more than three times what was expected at the opening of the field in 1982, Aker BP said. Image of Valhall, from Aker BP. Hod…

Expro expands well abandonment team

Jan 05, 2017

Oilfield services provider Expro has strengthened its well abandonment services with the appointment of senior project manager, Bill Inglis. Expro launched four new business capabilities last year, including fully integrated well abandonment services encompassing…

Ex-Ithaca, Iona execs close to new IPO

Jan 05, 2017

A North Sea exploration minnow led by one of the co-founders of Ithaca Energy and Iona Energy is a step closer to taking over a North Sea discovery with plans to list on the stock market to raise the cash needed to develop the field. i3 Energy…

Statoil completes Byrding acquisition

Jan 03, 2017

Statoil has completed a deal to acquire Wintershall's 25% interest in the Byrding project on the Norwegian Continental Shelf (NCS), increasing its stake to 70%. Byrding, in PL 090B, is an oil and gas discovery in the northern part of the North Sea…

Statoil to lead spending in North Sea

Jan 02, 2017

A total of 32 crude and natural gas projects are expected to commence operations in the North Sea region by 2025, with the UK claiming the highest number at 22, followed by Norway and Denmark with nine and one respectively, according to GlobalData…

Maersk to shut in Tyra

Jan 02, 2017

Maersk Oil is to shut in its Tyra field offshore Denmark in a move that could impact a string of other fields on the Danish Continental Shelf. Maersk Oil says it was unable to find an economic strategy for full recovery of the remaining resources in the field…

Managing maintenance

Jan 01, 2017

Audrey Leon speaks with Lloyd’s Register about a new cloud-based software aimed at optimizing maintenance programs and reducing operational expenditures by up to 40%. Image from iStock. Managing…

Money for nothing

Jan 01, 2017

Decommissioning offshore structures isn’t going away any time soon and research points to a US$210 billion bill for this activity from 2020-2040 worldwide. John Bradbury looks at the market. Allseas’…

Slim pickings

Jan 01, 2017

There are slim pickings for fabricators in oil and gas sector, but as Steve Hamlen reports offshore wind fabrication has given firms some sustenance. Dudgeon jacket. Photos from Sembmarine SLP…

Delek buys majority stake in Faroe

Dec 28, 2016

Delek Group completed its deal with Dana Petroleum to gain 13.18% of Faroe Petroleum, expanding the Israeli firm’s North Sea footprint, and making it the majority holder in Faroe. Map of Faroe assets…

Shell fails at Knarr FPSO audit

Dec 27, 2016

Norway’s Petroleum Safety Authority (PSA) has unveiled a number of failings, following an audit of Shell's management of the integrity of flexible risers, transfer lines and associated safety equipment on Knarr floating production and storage offloading (FPSO) unit…

Aker BP starts at Ivar Aasen

Dec 27, 2016

Aker BP started first oil at the Ivar Aasen field earlier this week, just four years after the plan for development and operations (PDO) was submitted.  Image of Ivar Aasen, from Aker BP. Production…

Current News

Transocean-Valaris Tie-Up to Create $17B Offshore Drilling Major with 73 Rigs

Transocean-Valaris Tie-Up to C

Chevron Enlists Subsea7 for Mediterranean Sea Job

Chevron Enlists Subsea7 for Me

Malaysia Oil and Gas Projects Advance with Petronas' PSC and Farm-Out Deals

Malaysia Oil and Gas Projects

Vantage Drilling’s Ultra-Deepwater Drillship Heads to India Under $260M Contract

Vantage Drilling’s Ultra-Deepw

Subscribe for OE Digital E‑News

 
Offshore Engineer Magazine