Aberdeen firm EC-OG (East Coast Oil and Gas Engineering) has secured more than £1 million of external investment from Castle View Ventures and the Scottish Investment Bank, the investment arm of Scottish Enterprise. The investment follows the announcement of a £1…
ENGIE E&P Norge has spudded the Cara exploration well in PL 636 Cara in the Norwegian northern North Sea. The well is 35km offshore and approximately 6km from the Gjøa field in about 350m water depth. The well, being drilled using the Transocean Arctic semisubmersible drilling rig…
Nearly 400 members of Unite and RMT unions working for Wood Group across eight Shell oil and gas platforms in the North Sea will be striking for the first time in a generation in a dispute over 30% pay cuts and changes to allowances, the Unite and RMT unions announced on 18 July…
EnQuest and Delek Group have signed a non-binding memorandum of understanding (MoU) to farm out 20% interest in the Kraken heavy oil development in the UK North Sea. The area is located in Blocks 9/2b and 9/2c in License P1575, approximately 350km northeast of the city of Aberdeen…
DONG E&P Norge is divesting its shares of five Norwegian oil and gas fields to Faroe Petroleum in a US$70.2 million deal, as Faroe moves to raise $81 million (£60.8 million) to fund the acquisition, as well as accelerate its Brasse discovery towards development…
Senior Centrica Energy executive and former ConocoPhillips executive Colette Cohen is to lead Aberdeen's new Oil & Gas Technology Centre (OGTC). The organization, backed by industry stalwart Sir Ian Wood's Wood Foundation, is setting…
Norwegian independent Det norske is gearing up for imminent offshore module installation works on its Ivar Aasen development offshore Norway this month. The firm, which is due to become part of new firm Aker BP, says the the project is on time and budget with planned start-up in Q4…
UK explorer Independent Oil and Gas (IOG) is due to spud an appraisal well on the Skipper oil discovery next week. The Skipper prospect, 100% owned by IOG, is in Block 9/21a in license P1609 in the northern North Sea. IOG says success of the well would be 'transformational' for the company…
A ballot by members of the unions Unite and RMT at engineering firm Wood Group working across Shell operated assets has seen a 'massive majority' supporting industrial action. In a joint statement, Unite and RMT said more than 50% of members voted in the ballot…
Wood Group has been awarded an extension to its master service agreement (MSA) contract with Apache Corp. in the North Sea. Wood Group will continue to deliver subsea engineering and consultancy services, in support of Apache's routine operation and maintenance works…
The Norwegian Petroleum Directorate (NPD) is looking to sell 3D seismic data covering Block 31/5, as well as part of Block 31/4, southeast of Statoil’s Troll area that it acquired in September 2008 using the Ramform Challenger vessel. The seismic data…
Premier Oil's Catcher floating production project in the UK North Sea is on schedule to deliver first oil in 2H next year. The UK-based independent says further cost savings have been secured against the project estimates. Premier now forecasts capex to first oil of US$1…
UK independent Premier Oil is planning to spud the Bagpuss heavy oil prospect in the Moray Firth in the North Sea this month, later than initially expected. Premier oil will use the Ocean Valiant semisubmersible drilling rig, which is…
GC Rieber Shipping has agreed a time charter agreement with Senvion for the construction support vessel (CSV) Polar Queen for use on offshore wind farms. The contract is for a fixed period of seven months with options to extend by up to three months…
The Norwegian Petroleum Directorate has granted ExxonMobil consent to start-up the subsea facility for production well 25/11-E-29 AH on the Balder field, nearly one week after the supermajor gained approval from Norway’s Petroleum Safety Authority (PSA)…
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