A normally unattended self-installing floating tower (SIFT) design has been selected as the development option for the North Sea Fyne development, the operator has revealed. The design has been supplied by GMC Inc., which has a partnership with Enegi Oil…
Aberdeen-based independent explorer Xcite Energy Resources (XER) has agreed a memorandum of understanding (MOU) to use a self-installing platform design on its North Sea Bentley field. The MOU, with engineering firms AMEC and Ove Arup & Partners…
Aibel’s Singapore office has been awarded a contract by BW Offshore Singapore to provide topside engineering services for the UK North Sea Catcher project, operated by Premier Oil. The scope includes detailed engineering services for…
An advanced intervention winch system developed by Protea for Helix Well Ops UK Limited (Well Ops) has successfully completed initial operations off West Africa. The system, comprising five winches, active heave compensators, and power and control equipment…
Electromagnetic Geoservices ASA (EMGS) has received a Letter of Award (LOA) from North Energy ASA for a contract of US$3.3 million for 3D EM data acquisition over and in the vicinity of license PL509S in the North Sea. 'This contract…
Aberdeen-based independent explorer Xcite Energy Resources (XER) has agreed a memorandum of understanding (MOU) with Teekay Shipping Norway on the use of a floating production facility for its Bentley heavy oil field in the North Sea. The…
Production has started on the first new Statoil-operated platform on the Norwegian Continental Shelf since 2005. The Gudrun oil and gas field, in the Norwegian sector of the North Sea, is also the first new to be operated by Statoil from the Stavanger region since Sleipner in 1993…
The Wood Review proposes a new regulator for the North Sea. Elaine Maslin looks at SIr Ian Wood's recommendations and why a regulator is necessary. Nearly 50 years after the first major discoveries in the North Sea, the basin’s UK industry…
6.6MM Gazprom’s estimated annual production potential for the Prirazlomnoye field. US$1.9billion The estimated ROV market in 2017. 900 tons The weight of the deck on the Jalilah B platform. 54 rigs were counted offshore the US…
The Ministry of Petroleum and Energy has announced the APA 2014 in the predefined areas on the Norwegian Shelf. Awards are projected to be announced in 1Q 2015. The APA system has been extended with the addition of three blocks in the Barents Sea near Snøhvit field…
Aker Solutions’ former well intervention services business, which was acquired by private equity fund EQT VI in January this year, has been restructured and will operate under two brands from 22 Apr 2014: Altus Intervention and Qinterra Technologies…
BW Offshore has signed a Letter of Award (LOA) with Premier Oil for a floating production unit (FPSO) to operate on the Catcher oil field in the UK North Sea. The LOA will be converted into a final contract subject to final partner sanction…
Abu Dhabi National Energy Co.'s (Taqa) capital expenditure for 2014 will be between $2 billion and $2.5 billion, 'a little less than in 2013,' the company's chief executive, Carl Sheldon, said during a conference call on 25 March. Taqa reported a net loss of 2…
Lundin Petroleum has completed two successful appraisal wells 16/3-8 S and 16/3-8 S T2, on the Johan Sverdrup discovery. Appraisal well 16/3-8 S, on the Avaldsnes High, was drilled about 4km southeast of discovery well 16/2-6 and about 3km west of appraisal well 16/3-4…
North Sea independent EnQuest plans to spend about US$1 billion on new projects in 2014, including about $400 million on the Kraken FPSO development. A further $200 million will be spend on the Alma/Galia development, due on stream in H2 this year…
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