Norwegian firms Aker Solutions and Aibel have won hook-up and commissioning contracts on Statoil's massive Johan Sverdrup field development offshore Norway. The contracts have a total value of slightly less than NOK 1.3 billion, excluding options…
Supermajor Shell has agreed to sell a package of UK North Sea assets to Chrysaor for a total of up to US$3.8 billon. The packaged deal consists of Shell's interest in Buzzard, Beryl, Bressay, Elgin-Franklin, J-Block, the Greater Armada cluster…
Aker BP has received consent from Norway’s Petroleum Safety Authority (PSA) to remove the emergency response vessel at the Alvheim field. Aker BP wants the Alvheim field to be included in the area contingency planning for the Sleipner-Utsira area…
Norway’s Petroleum Safety Authority (PSA) has granted Lundin consent to carry out exploration drilling of well 16/1-27 on the Edvard Grieg field in the North Sea. Lundin is the operator of the Edvard Grieg field, around 140km west-southwest of Stavanger…
Repsol Sinopec Resources UK exercised further options with Prosafe to extend the charter of the Safe Boreas semisubmersible accommodation unit by a total of 17 days. The firm operational period of the Safe Boreas at Montrose A in the…
Culzean. Image from Maersk Oil. IKM has secured a pre-commissioning contract, courtesy of Subsea 7, for the Culzean gas field, offshore the UK in the central North Sea. Subsea 7 has won the award from Maersk Oil for subsea…
With UK subsea exports valued at almost US$6.31 billion (£5 billion), Subsea UK is encouraging British firms to set their sights on international expansion to sustain long-term growth. The industry body is urging companies to strengthen trade partnerships across the globe…
UK-based MFDevCo, or Marginal Field Development Co., has agreed a collaboration deal with Singapore-based jackup drilling rig operator CDPL, a subsidiary of China Offshore Services Ltd. (COSL). The move will see MFDevCO use CPDL on a 'one stop shop' basis…
French oil major Total has awarded Prosafe a contract for the use of the Safe Caledonia semisubmersible accommodation vessel at the Elgin-Franklin Facility in the UK sector of the North Sea. The contract is for 134 days, with an additional…
Global science-based technology company, 3M has completed a global oil and gas industry first by deploying its Ceramic Sand Screens using a light well intervention vessel instead of a full rig. The North Sea contract was the first time…
EnQuest confirmed that its Kraken floating production and storage offloading unit (FPSO) arrived in the North Sea, set to deliver first oil in Q2 2017. Image of EnQuest. The US$2…
BP and EnQuest signed a US$85 million deal that will see EnQuest take over operatorship and 25% stake in the Magnus oil field in the North Sea, with a future option to take full ownership of the field. Image from EnQuest…
Xodus Group has won a contract with North Sea operator Apache to deliver subsea engineering services for two new infill well developments at the Nevis and Skene fields in the northern North Sea. The project includes a novel idea of designing…
North Sea Energy (NSE) Chairman and CEO J. Craig Anderson and CFO Petya Popova are leaving the company with immediate effect, to pursue other interests. Anderson has been the CEO of NSE for the last 10 years, since founding the company…
Norwegian giant Statoil held a press conference earlier today (20 January) to discuss the investigations of two very serious incidents with safety issues that could have been fatal to the crew onboard. Øvrum…
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