In this video, supermajor BP gives a look back at its projects in 2016. Progress was made on several of its projects including Shah Deniz 2 off Azerbaijan, the Southern Gas Corridor pipeline from the Caspian Sea into Europe, Juniper in Trinidad and Tobago, Quad 204 in the UK, and more.
Aker BP extended the charter of the Safe Zephyrus semisubmersible accommodation vessel at the Ivar Aasen project in the Norwegian sector of the North Sea. The 10-day option extends on site operations through January 2017 and has a total value of about US$1…
Swedish headquartered oil firm Lundin says its Barents Sea Alta discovery contains up to 125-400 MMboe gross contingent resources after completing its latest appraisal well. The estimate, inline with pre-drilling estimates, comes after…
Teekay Offshore has been awarded new three-year shuttle tanker contracts of affreightment (CoA), plus extension options, with BP plc, Royal Dutch Shell and OMV Group, to transport the oil produced from the new Glen Lyon FPSO, which is part…
Ashtead Technology has successfully completed a subsea integrity management project to support BP’s Quad 204 redevelopment of the Schiehallion and Loyal fields, West of Shetland. Subsea technology and equipment provider Ashtead deployed its new Deflection Monitoring System (DMS)…
In this video from Det norske oljeselskap, the company shows a time-lapse of the topside installation on Ivar Aasen on the Norwegian Continental Shelf. The 15,000-tonne topside, which was installed late last month, has now been installed on the jacket…
Quest Offshore provides a look at subsea processing systems by type. Subsea Processing Project List (Onstream 2010+) Subsea Processing Application Region Operator Project Boosting Africa/Mediterranean…
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…
Centrifugal pump firm Amarinth has secured an order for bespoke utility and fresh water pumps from Hyundai Heavy Industries (HHI) for a platform being built for ADMA-OPCO to operate in the Nasr oil field, offshore of Abu Dhabi. Amarinth…
The living quarters for the Ivar Aasen development in the Norwegian North Sea has been completed and it due to sail away today (29 June). The 2300-tonne, 40m-high module was built at Apply Leirvik at Stord, Norway. The Ivar Aasen…
BP has commenced a water injection project at its Thunder Horse platform in the Gulf of Mexico that will extend the production life of one of its biggest fields in the area, and recover an additional 65 MMboe. Thunder Horse…
Oil major BP has bought a 16% stake in the high-pressure, high-temperature (HPHT) Culzean development project in the North Sea, doubling its stake to 32%. BP has acquired the stake from JX Nippon. Maersk Oil North Sea operates the US$4…
Californian high-pressure valves firm BuTech is showcasing a new line of high-pressure relief valves at this week's OTC in Houston. BuTech’s new relief valves feature a state-of-the-art repeatable release design that minimizes the need for frequent recalibration…
Key activities for the Ivar Aasen project are progressing according to plan and budget with first oil scheduled for Q4 2016, Det Norske said this morning. Topside construction at SMOE's yard in Singapore is now 98% complete, with sail-away from Singapore scheduled for the first week of June…
Oil major BP has posted a replacement cost loss of US$485 million in Q1 2016, compared with a profit of $2.1 billion a year ago, as it battles the continuing low oil prices. Yet, the firm is set to see production levels lifted as a string of new projects come onstream through 2016-2017…
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