Offshore Europe News - page 681

 

Going deep, but still some way to go

Nov 01, 2015

ROV technology developers gave an update on their progress at the Subsea UK ROV Conference. Elaine Maslin reports on some progress, as well as where one operator thinks ROV and AUV technology could improve. Platform-based ROV being deployed…

Visualizing downhole data

Nov 01, 2015

Melanie Luthi, Sanna Zainoune, and Stephen Forrester, of NOV, discuss how streaming downhole data on a job in the Norwegian North Sea helped improve both the drilling process and decision making. The time-based log shows the annular pressure…

ConocoPhillips in deepwater departure

Oct 30, 2015

Houston-based ConocoPhillips has made the strategic decision to drop out of its deepwater exploration program by 2017, despite a significant program that the company is executing in 2016. Ekofisk…

UK Govt-funded seismic shoot complete

Oct 30, 2015

A UK Government funded project to acquire new seismic data over underexplored areas of the North Sea in a bid to boost exploration in the basin has completed. The £20 million program saw WesternGeco acquire 20,000km of new 2D seismic shot over 200…

INEOS buys more North Sea assets

Oct 30, 2015

Chemicals company INEOS has increased acquired the 25% interest in the Clipper South gas field, further increasing its ownership in North Sea fields. INEOS had announced earlier this month its acquisition of a portfolio of natural gas assets…

SMOE taps KBR for Culzean construction

Oct 30, 2015

KBR has been awarded a detailed design engineering and follow-on services contract by SMOE, Singapore, for the topsides facilities for Maersk Oil's HPHT UK North Sea Culzean project. Specifically, KBR will deliver the living quarters…

Eni CEO meets with Israeli officials

Oct 29, 2015

Eni CEO Claudo Descalzi met with Israel’s Prime Minister Benjamin Netanyahu and Energy and Water Minister Yuval Steinitz in Jerusalem today (29 October) to discuss potential joint development of natural gas in the Eastern Mediterranean as…

Badger Explorer technology in development

Oct 28, 2015

Badger Explorer and the University of Glasgow, supported by the Oil & Gas Innovation Centre (OGIC), will collaborate on the development of the Badger Explorer technology, a rig-less formation and reservoir evaluation tool. The device drills down to the target reservoir…

Saipem falls in 3Q, seeks investor backing

Oct 28, 2015

Eni subsidiary Saipem is asking for up to US$3.8 billion (3.5 billion EUR) in capital from its investors to scale back its debt, as the company reported a 13% drop in revenue in 3Q 2015. Image from Saipem…

Eni sells Saipem stake

Oct 28, 2015

Italian giant Eni has sold 12.5% interest in its subsidiary Saipem, to Fondo Strategico Italiano (FSI) in a move that is expected to enhance Eni’s financial flexibility and development. Image from Saipem…

DONG reaches FID on Irish Sea wind farm

Oct 28, 2015

DONG Energy announced it will construct the 660MW Walney Extension offshore wind farm, located in the Irish Sea, approximately 19km off the west coast of Britain. The final investment decision has been made after securing all necessary consents from authorities…

Mariner, Aasta Hansteen projects set back

Oct 28, 2015

Statoil’s US$7 billion Mariner heavy oil project in the UK North Sea has been set back a year due to engineering and construction delays, the operator revealed today.  The Norwegian operator's Aasta Hansteen project, in the Norwegian Sea…

Deep Sea Mooring bags Lundin gig

Oct 27, 2015

Global Maritime Deep Sea Mooring (DSM) has been awarded a three-year contract with Lundin Norway to provide services and products supporting Lundin’s activities on the Norwegian Continental Shelf (NCS) including mooring equipment for drilling rigs and accommodation units…

Costain, Hurricane develop Lancaster EPS

Oct 27, 2015

UK engineering solutions provider Costain has worked closely with Hurricane Energy to produce a number of field development options for their Lancaster Discovery, West of Shetland.  Over the last 24 months the Costain team, in collaboration with Hurricane…

BG, SSE divest Columbus stake

Oct 27, 2015

BG International and SSE E&P UK entered into an agreement with Block 23/16f participants, Serica Energy, Endeavour Energy UK, and EOG Resources UK, to transfer their equity of Block 23/21a in the UK North Sea. Columbus field…

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