Harland and Wolff (H&W) have won a contract award for dry docking and renewal/ special periodic survey of the Byford Dolphin mobile offshore drilling unit (MODU) from Aberdeen based Dolphin Drilling. Following on the successful completion of its sister rig the Blackford Dolphin in 2014…
Independent oil firm Premier Oil is sticking to an eight-well exploration campaign in 2015, including its four-well campaign in the Falkland Islands, due to start in March, and its first well in the emerging Mandal High play offshore Norway…
Statoil’s request to drill at Knappen prospect in the central North Sea has been granted approval from the Petroleum Safety Authority of Norway (PSA). Drillng is scheduled to begin next month at well 16/7-11 using the Songa Trym semisubmersible drilling facility…
In a year during which the oil price remained stable at circa US$100 per barrel until the last quarter when a significant collapse in commodity price began, activity levels in both the UK and Norwegian sectors have continued to show a distinct divergence…
Statoil shows the process of getting its US$2.9 billion Valemon field on stream. The high-pressure, high-temperature, gas and condensate development, located in the Norwegian sector of the North Sea, started production on 3 January…
UK North Sea industry body Oil & Gas UK has said called on the UK Government to abolish a 30% charge on oil and gas producers as oil fell to its lowest prices in nearly six years. The body says oil and gas producers in the basin are unable to cover their costs at US$50 a barrel…
Italy-focused exploration firm Sound Oil has withdrawn its Intended Offer for North Sea exploration minnow Antrim Energy due to the deterioration in oil prices and reduction in global appetite for deep water exploration, the company said this morning (13 January 2015)…
Schnitger President Monica Schnitger urged oil and gas companies to explore and exploit the latest technologies to have successful projects at the 2014 Bentley Systems Year in Infrastructure conference. Meg Chesshyre has more. “I’m…
Ithaca Energy is looking to more than double its production in late 2015 when its North Sea Greater Stella Area development is due to come on stream. The firm averaged 12,300 boe/d in 2014, according to a 2015 outlook published this morning…
The Norwegian Petroleum Directorate (NPD) is processing Statoil’s plan for development and operation (PDO) for the Rutil discovery in the Gullfaks Rimfaksdalen area in the North Sea. Image of Gullfaks…
Singapore-based COSCO (Nantong) Shipyard Co. is to scrap the Octabuoy project after failling to find a buyer for the unit. COSCO (Nantong) Shipyard was contracted to build the Octabuoy unit for ATP Oil & Gas' Cheviot field in the UK North Sea…
The fall in oil prices to their lowest in five years could mean current proposals for new North Sea tax allowances do not go far enough, oil and gas industry body Oil & Gas UK has said. The comments followed a new report from the Scottish…
Predicting oil price movements is as risky as exploring for oil itself. The average price for crude fell 10.3% from the start of 2014 to the date of the Scottish independence referendum on September 18. It fluctuated over this period – but few…
Controls, instrumentation, monitoring and handling systems firm EFC Group has been awarded contracts with major oil and gas drilling contractor companies to the value of £3.65 million. The company has already completed two BOP control system contracts with Ensco worth more £1…
Offshore aluminium support system provider Alphastrut has been awarded a six figure contract with Det norske to provide raised access flooring on the Ivar Aasen Northern North Sea development. The Alphastrut system will cover a total…
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