Maersk Oil UK has been given approval from the UK and Norwegian authorities to develop the Flyndre and Cawdor fields. The fields lie about 293 km south east of Aberdeen in UK North Sea Blocks 30/13 and 30/14 (Flyndre and Cawdor) and Norwegian North Sea Block 1/5 (Flyndre only)…
Hungary’s MOL Group is eyeing North Sea operatorship and has deep enough pockets to do it. Elaine Maslin spoke to exploration director Alex Dodds (pictured). Hungary’s MOL Group is aiming to double its production within at least five years and then double it again after that…
UK offshore oil and gas industry optimism continues to decline amid rising operating costs and a decline in exploration activity. But, despite the declining optimism, sentiment in the industry still remains positive, according to Oil & Gas UK’s Q1 2014 Business Sentiment Index…
UK plate and specialty metals supplier Murray Metals (MM) has bought Alphastrut, giving it a foothold in the offshore oil an dgas industry. Alphastrut offers an aluminium support and cable containment system which MM says is more than…
Materials technology and engineering specialists Aubin has completed the first operational trial of its liquid gel lifting technology system LiquiBuoy. The company conducted rigorous testing of its liquid gel technology at The Underwater Centre in Fort William…
Statoil has exercised a two-year contract extension with Altus Intervention for the provision of mechanical wireline services on Statoil-operated fields and mobile drilling units on the Norwegian continental shelf. The scope of the extended…
This week, Technip officially opened its new, state-of-the-art automated vertical helix assembly machine on Walker Riverside, Newcastle. Elaine Maslin went to see why and how it works. Umbilical and flexible pipe manufacture has become…
Lundin Petroleum has started drilling of appraisal well 7120/1-4s in PL492 on the Gohta discovery, 155 km northwest of the Norwegian coast and 5.7 km northwest of the original Gohta discovery well. The well's main objective is to test…
Calgary-based Sterling Resources issued its 1Q results today, reporting US$20.5million revenue attributable to production from the Breagh gas field in the UK North Sea, and expenses of $2.6 million during the quarter. The average expected…
Operator Maersk Oil is to use a new standalone installation to develop the ultra-high-pressure, high-temperature (uHP/HT) Culzean gas field in the central North Sea about 145 miles east of Aberdeen. The field, one of the largest gas discoveries of recent years in the UK North Sea…
Maersk Drilling has again warned about a slowdown in the deepwater market, but says it still has a positive long term view on the deepwater market. The company is investing $US5.2 billion in eight new rigs, which are being delivered between 2014 and 2016…
A walking jackup platform called WaveWalker 1 has been awarded a Product and Equipment Innovation Award at the Ground Engineering (GE) Awards ceremony in London (14th May.) WaveWalker 1, developed by Fugro and Van Oord, is an eight-legged…
Norway's Electromagnetic Geoservices ASA (EMGS) has a contract with North Energy ASA worth US$1.7 million (NOK 10 million) to provide 3D EM data acquisition in the North Sea. The survey was to begin in early May, using the BOA Thalassa…
Houston-based Hercules Offshore has signed a five-year drilling contract with Maersk Oil North Sea UK for a newbuild jackup rig to be owned and operated by Hercules Offshore. The new Friede & Goldman JU-2000E design jackup will be built…
Subsea 7 has been awarded its largest UK engineering, procurement, installation, and commissioning (EPIC) services contract, by Premier Oil. The contract, worth more than US$460 million, will be for work on Premier Oil's Catcher Area development…
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