The world’s first subsea wet gas compression system is ready to be installed on the seabed and tied back to the Gullfaks C platform, Norwegian oil firm Statoil has announced. The Gullfalks subsea wet gas compression system is being progressed…
UK Chancellor George Osborne has announced a package of measures to support the North Sea oil and gas industry, which he said was in “pressing danger” from low oil prices. Presenting the UK’s 2015 Budget, Osborne (pictured) said: “It’s…
Dana Petroleum awarded Balmoral Offshore Engineering a contract to design and manufacture key components for a pioneering mooring system to be used on its Western Isles project in the challenging northern sector of the North Sea. Image…
First production has started from the BG Group-operated Knarr field in the Norwegian sector of the North Sea. Knarr, discovered in 2008, with estimated gross recoverable reserves around 80 MMboe, is being produced from two subsea templates…
Swedish independent explorer Lundin Petroleum's Gemini well on production license 338 C has been declared a dry hole. Wildcat well 16/1-24 on Gemini was drilled about 10km southwest of the Edvard Grieg field in the central part of the North Sea…
UK offshore industry trade association Oil & Gas UK has called for 'urgent action' to reduce and simplify North Sea oil and gas taxation, including a double digit reduction in the Supplementary Corporation Tax on UK producers. The trade body…
The House of Lords EU Committee has today called for a Ministerial Conference of North Sea countries to ensure a holistic approach is developed to managing the environmental challenges and economic opportunities in the North Sea. The…
Total has spudded exploration well 25/6-55, named Shango by partner Faroe Petroleum, in license 627 (Skirne East) in the Norwegian North Sea. Shango is on the northern part of the Utsira High about 5km from the producing Skirne field…
Statoil awarded Coor Service Management a US$134 million five-year contract to provide offshore facility services on the Statfjord and Snoore fields. The Statfjord A. From Statoil. The…
Statoil and its partners temporarily halted drilling on the Veslefrikkin field in the North Sea. The Veslefrikkin field. From Statoil. Veslefrikk lies in Norwegian North Sea block 30/3 in production license 052…
GDF Suez E&P UK made a new discovery at the Dalziel structure in the UK Central North Sea. The Transocean Galaxy II jackup. From Transocean. Well 22/16-6 flowed at rates in excess of 8000…
A “total reinvention is the level of change that is needed” for the North Sea to move forward and continue to be competitive, energy leaders heard in northeast England yesterday (11 March). The North Sea’s mature status, high costs,…
Newcaslte, England-based valve manufacturer BEL Valves is looking to set up a new £10 million subsea engineering facility for Newcastle’s Quayside. Plans for the 20,000sq ft Neptune Test Centre on the now derelict Spillers Tyne Mill site…
Ocean Installer signed amendments with Statoil for umbilical marine installation at the Visund field and for riser replacement at the Troll B field, both in the North Sea. Image of the Normand Vision…
Raptor Oil Ltd, a pre-revenue start-up company is to invest £1.5 million on a new research and development (R&D) project to help boost performance in the oil and gas sector. Raptor is using proven proprietary signal processing technology…
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