Offshore Europe News

 

An Unusual Abandonment

Oct 16, 2019

The North Sea oil and gas industry’s 50-plus year heritage now means that history is being revisited as facilities – including subsea wells – installed decades ago are decommissioned.One is the first early production system tieback, which included the first Through Flow Line (TFL) subsea tree design. The well, in the Murchison field, was one of three early production subsea tiebacks installed in 1980 to support early production from Murchison ahead of the platform wells coming on stream…

New App Aims to Improve Project Performance

Oct 18, 2019

An Aberdeen-based company has created a lessons learned management system that captures critical project data and helps inform the future performance of complex oil and gas developments globally.Prism Energy, which provides project and risk management applications and consultancy…

Premier Makes Find at Tolmount East

Oct 17, 2019

Premier Oil found gas while drilling at the Tolmount East well in the North Sea, the company announced on Thursday.The 42/28d-14 well in P1330, Block 42/28d was targeting 220 BCF of P50 gross resource, in an undrilled area four kilometers east…

Drilling Activity Buoyant in Norway

Oct 16, 2019

The number of wells drilled could challenge all-time high levels by the end of the year in the Norwegian Continental Shelf (NCS), while global offshore exploration activity has been flat year-to-date.Rystad Energy expects that this high activity…

Industry Shares North Sea Data with Scientists

Oct 16, 2019

The offshore industries and researchers are sharing industry-acquired ecological data as part of a program increase understanding of the influence of manmade structures on the ecosystem of the North Sea.The INSITE Program has attracted recognition and support from industry…

Greater Castberg Survey Wraps Up

Oct 16, 2019

Marine geoscience companies CGG and TGS announced they have completed a 5,000 square kilometers multi-client 3D survey in the highly prospective Greater Castberg area in the Barents Sea offshore Norway.The survey commenced in the second quarter…

PGNiG Makes Shrek Discovery

Oct 15, 2019

PGNiG announced it has made a discovery in the Shrek prospect in the Norwegian Sea, about 210 kilometers northwest of Brønnøysund.Based to preliminary estimates, recoverable resources range between 19 million and 38 million barrels of oil equivalent (boe)…

Can Liability Really Be Perpetual?

Oct 15, 2019

How to manage the legacy left by industrial development can be riddled with uncertainty and be enduring in nature. Perhaps understandably, the development of the UK’s offshore hydrocarbon reserves prioritized production considerations over those…

OKEA to Live Stream Draugen Drilling

Oct 15, 2019

OKEA said it will live stream the drilling log from a pair of appraisal wells on the Draugen field in the Norwegian Sea.OKEA, which took over as the field's operator in December 2018, said on Tuesday it will live stream the drilling log from the drilling operations on Twitch…

Neptune Promotes Jones

Oct 15, 2019

Neptune Energy said it has appointed Pete Jones as VP of Operations for Europe.Jones, who previously served as UK Managing Director, joined Neptune in August 2018 and has overseen the growth of the UK business, including the sanctioning and development of its Seagull project…

A Fire in the Battery Room

Oct 15, 2019

A fire in the battery room of a passenger ferry this week has given Norwegian offshore safety officials — and firemen — a taste of the dreaded toxic, hard-to-control chemical explosions and fumes that marine energy storage was feared to have been theoretically capable of creating…

Energean Sells North Sea Assets to Neptune

Oct 14, 2019

Israel-focused Energean Oil & Gas Plc on Monday agreed to sell Edison E&P North Sea assets to Neptune Energy Group for up to $280 million, as part of an ongoing plan to sell non-core assets.Energean, which is focused in the Mediterranean, will…

Aker BP Q3 Output Lags

Oct 14, 2019

Norway's Aker BP fell short of its third-quarter oil and gas output target and will take an impairment charge of $80 million, it said on Monday, sending its shares down more than 4%.Daily output fell to 146,100 barrels of oil equivalents per day (boepd) in the July-September quarter period from 150…

UK to Account for 35% Offshore Wind in Europe

Oct 13, 2019

The UK will account for 35% of the growth in offshore wind over the next five years, followed by the Netherlands and Germany, said , according to WindEurope’s new ‘Wind Energy Outlook to 2023’.In the next five years 22 GW of wind energy capacity…

Solvberg Appointed NPD Director General

Oct 13, 2019

The Norwegian Petroleum Directorate (NPD) has announced the appointment of Ingrid Solvberg as Director for the Norwegian Sea and Barents Sea, replacing Bente Nyland.According to a note from NPD, Sølvberg was appointed by the King in Council on 11 October…

Current News

Schlumberger Profit Beats Estimates

Schlumberger Profit Beats Estimates

Petrobras Posts Another Major Production Boost

Petrobras Posts Another Major Production Boost

Eni CEO: No Future for Firms Working in Just O&G

Eni CEO: No Future for Firms Working in Just O&G

TechnipFMC Wins EPCI Contract from Woodside

TechnipFMC Wins EPCI Contract from Woodside

Partners Plan Floating Wind Farm in South Korea

Partners Plan Floating Wind Farm in South Korea

Maersk Drilling Scores POSCO Contract

Maersk Drilling Scores POSCO Contract

Woodside Makes FID for Pyxis Hub Project

Woodside Makes FID for Pyxis Hub Project

Magazine

Offshore Engineer (Sep/Oct 2019)

This issue of Offshore Engineer is dedicated to Big Data and Digitalization

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