UK independent Nobel Upstream has completed a deal to buy a 7.59% stake in the UK North Sea Maclure oil and gas field from Shell. Maclure was discovered in 1991 and put into production in 2002. Production in 2016 has averaged 8200 boe/d…
Norwegian firm Offshore Heavy Transport (OHT) has been contracted to transport the Transocean Winner drilling rig to Turkey using a semisubmersible heavy lift vessel. It is expected that the rig will be floated onto the semisubmersible heavy lift vessel OHT HAWK…
North Sea independent EnQuest has cut the cost of its Kraken heavy oil development in the North Sea by a further US$150 million, thanks to progress on the drilling campaign and subsea workscopes. The cost of the development, which will see a floating production…
INEOS UK E&P Holdings has secured a five-year US$294,000 million (£220 million) reserve-based lending facility, which it plans to use to acquire future projects. The facility, the firm's first reserves based lending facility, was secured…
Aker Solutions will provide engineering, procurement, construction, installation and commissioning (EPCIC) services to enable a tie-in of the Utgard gas and condensate field in the North Sea. The 56.4 MMboe Utgard tie-back consists of…
The 2017 Offshore Achievement Awards have been launched at this year’s Intelligent Energy Conference. Following a record 30th anniversary year (in terms of both entrants and attendees) for the awards in 2016, event organizers the Society…
'Embracing New Realities: Reinventing our Industry' has been announced as the central theme for SPE Offshore Europe 2017, set to take place in Aberdeen from 5-8 September 2017. Conference chair Catherine MacGregor, president, Reservoir Characterization Group…
UK demolition and decommissioning company DSM Demolition has unveiled plans to create a major development site in the Orkney Islands, off mainland Scotland, to take advantage of the expected boom in North Sea oil and gas decommissioning work…
Talks between engineering firm Wood Group and two unions over pay cuts and changes to allowances have resulted in a 'mutually agreeable proposal,' it has been announced. Nearly 400 workers in the RMT and Unite unions staged strikes earlier…
Production at Chevron’s Erskine restarted late last month in the central North Sea, following the completion of maintenance work at Shell’s Lomond platform. Erskine. Image from Chevron. Erskine…
ION Geophysical Corp. won an award for its ION in-field acquisition optimization services for all time-lapse, or 4D, towed streamer projects for the 2016 North Sea season. The company was awarded a total of five 4D projects, which include…
Subsea umbilicals and power cables firm JDR has unveiled its horizontal lay-up machine (HLM) at its Hartlepool manufacturing facility. The HLM will enable JDR to provide the next generation of reliable and safe subsea connectivity to the oil…
Det norske oljeselskap is to move ahead with an appraisal well on the Langfjellet discovery in the Norwegian North Sea. The Norwegian Petroleum Directorate has granted the firm a drilling permit for well 25/2-18 A using the Maersk Interceptor drilling rig in production license 442…
The Petroleum Safety Authority of Norway has granted Statoil consent to use the Floatel Endurance mobile accommodation facility at Gina Krog in the North Sea. Floatel Endurance is a semisubmersible facility, which is to operate for Statoil…
Time and greater understanding makes most people and companies look at projects and assets differently and it’s no different for oilfields. Elaine Maslin reports from Devex. The Britannia BLP…
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