Energy demand will plateau after 2030, according to a new DNV GL (stand 5B51) model which forecasts the pace and extent of the global energy transition until 2050. While fossil fuel will still provide more than 40% Peak of the world energy demand…
As SPE Offshore Europe opens its doors, petroleum economist Professor Alex Kemp gives his view on the outlook for the North Sea. Over the past three years the North Sea oil and gas industry has made a very painful adjustment to the dramatic fall in oil prices…
Decommissioning services firm Well-Safe Solutions has appointed Jim Christie as director of programs. The specialist well abandonment company, launched in July this year, has already assembled a senior team of eight well-known industry experts and now employs 20 people…
Centrica has awarded Island Drilling the contract for drilling an appraisal well at the Fogelberg discovery. The Island Innovator drilling rig is scheduled to start operations at Fogelberg in the Norwegian Sea in February/March 2018. The…
Norway is still a key country for Total, its CEO Arnaud Breuillac has said after confirming the sale of company's remaining 15% stake in the Gina Krog field to Kuwait Foreign Petroleum Exploration Company (KUFPEC). Total had in 2016 agreed a deal with KUFPEC…
Phase 1 of the massive Johan Sverdrup project offshore Norway is now close to 60% complete, ahead of schedule and even further under the original estimated budget, says partners Aker BP and Lundin. In statements released this morning…
Technology group Wärtsilä has performed the remote operation of a North Sea platform supply vessel in the North Sea - from San Diego, California, 8000km away. The four-hour test, which involved driving the vessel through a sequence of…
Production is increasing in the UK North Sea as investments made up to 2014 come onstream. But what’s next? Elaine Maslin takes a look. The Culzean development jacket was installed in July…
Oceaneering and Sonsub are making moves towards subsea resident remote operated vehicles. Elaine Maslin reports on their progress. The eNovus ROV illustrated. Image from Oceaneering. The…
Engineered composite wraps are becoming the solution of choice for dealing with corrosion issues in the North Sea on an increasing range of offshore pipework and structures. Elaine Maslin reports. Caisson repair using Technowrap Splashzone…
New players are entering the aging North Sea basin, but there’s still ambitions to increase exploration as well push forward with decommissioning. Andrew Scutter, of EIC, gives his view. While the North Sea is one of the most developed oil and gas basins in the world…
Undeveloped pools in the North Sea and elsewhere could make it over the line with TechnipFMC’s iEPCI approach to subsea tiebacks. Elaine Maslin reports. A TechnipFMC iEPCI vision. Image from TechnipFMC…
New Energy Minister Richard Harrington has told oil and gas leaders they have the 'full support' of the UK government in maximizing the economic opportunity in the North Sea during his first visit to the region in his new ministerial post…
Shell has been served with two further notices by the UK's Health and Safety Executive (HSE) following a leak on its Charlie platform in the North Sea in May this year. Shell had initially been served with a Prohibition Notice, because…
Kuwait Foreign Petroleum Exploration Company (KUFPEC) has agreed to acquire an additional 15% interest in the Gina Krog field from Total E&P Norge for US$317 million. The deal, via KUFPEC Norge, will see the firm gain about 34 MMboe in…
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