The Industry Technology Facilitator (ITF) is welcoming additional participants to a new joint industry project (JIP) to develop pipeline anchoring and monitoring systems which could mitigate the risk of pipeline walking and cut pipeline anchor installation costs in half…
British subsea companies are expecting to increase overseas activity in the next 12 months, according to a survey conducted by industry body, Subsea UK. Of the 300 member companies surveyed, 27% are predicting increasing exports by 50% or more in 2017…
Newly formed subsea firm M² Subsea has opened its new office in Aberdeen and created 30 jobs. The business, which secured private equity investment towards the end of 2016, has moved people and equipment into premises in Arnhall Business Park at Westhill in Aberdeenshire…
Ocean Installer has recently completed the first permanent subsea installation at the Johan Sverdrup field, marking the kick-off of the Johan Sverdrup offshore work - see video below. The offshore campaign took place late January, in line with project plans and schedule…
Statoil has made a new 20-50 MMboe gas discovery on the Norwegian North Sea Valemon field, at Valemon West. The well was drilled using the jackup rig West Elara, in 133.5m water depth, 160km north-west of Bergen. It is the seventh exploration…
Deep Sea Supply has been awarded extensions of the time charter contracts for the PSVs Sea Flyer and Sea Forth, in addition to a six month (plus options) contract award for the PSV Sea Tantalus for operations in the UK Continental Shelf for Apache North Sea…
Costs have been cut in the industry, but has it been enough? Elaine Maslin looks at ongoing initiatives in the UK North Sea. Photo from iStock. The past two years of pain for the oil and gas industry is well known…
Norway’s Petroleum Safety Authority (PSA)carried out an audit of Statoil's management of operations and barriers at Gullfaks B in the North Sea that disclosed several safety issues. The audit, carried out from 21 to 29 November 2016,…
Dolphin Drilling has agreed to an extension of its current contract with Chevron North Sea for the semisubmersible Blackford Dolphin in a US$2.6 million deal. The extension covers ongoing operations with Chevron beyond early February…
The floating production systems market remains challenging. Will cost-cutting measures made over the past two years help projects reach final investment decision in 2017? Infield’s Catarina Podevyn assesses the market. Johan Castberg…
The UK North Sea has an industry target to cut well completion costs by 50%. Elaine Maslin reports. Looking up through a derrick. Photo from BP. Well construction accounts for…
Imagine a library where the books are written in a language so old, few alive can speak it; and the pages crumble to dust when turned. In data terms, this is the state of the UK oil industry’s 50+ years of exploration archives. Elaine Maslin reports on one project aiming to fix it…
North Sea decommissioning is finally happening and it means some difficult questions are starting to be asked about what should be left behind and what might benefit sea life. Elaine Maslin explores the details. Shoal…
Sand erosion can cost the industry tens of billions of dollars every year. NEL’s Marc Laing looks at what can be done to mitigate the issues. Changes to oil and gas production over past decades have brought about unprecedented challenges…
Statoil has awarded a subsidiary of Oceaneering International a technology development contract to provide the development, manufacturing, testing, and mobilization of a self-contained, battery-powered work class remotely operated vehicle (E-ROV) system deployed on the seabed of the North Sea…