Emerson Process Management has acquired Norwegian company Yggdrasil, a provider of flow assurance and production optimization software. Emerson will incorporate Yggdrasil’s METTE production optimization solution into the Roxar reservoir management software portfolio…
The Norwegian government has proposed how to divvy up stakes in the giant Johan Sverdrup field, with Det norske losing out. How to divide up the field has been in despute since earlier this year, resulting in a delay to the government's…
Electromagnetic Geoservices (EMGS) entered into two new data licensing agreements for the provision of 3D EM data from EMGS' multi-client data library in the Barents Sea. The agreements are worth a total of US$2 million. The multi-client revenues will be booked in the 2Q 2015…
Conductor Installation Services (CIS) completed a subsea piling operation for Subsea 7 in the UK North Sea. CIS used its remotely-operated subsea piling system, which makes it possible to drive piles as large as 42in in diameter, in water depths up to 300m…
Statoil has decided to suspend Scarabeo 5 due to overcapacity in its rig portfolio. The suspension will take effect once Scarabeo 5 has completed drilling of a well on the Kristin field in the middle of August, and will last until 1 March 2016…
UK national standards holder NEL is investing £1 million to create the UK’s only flow meter calibration facility capable of testing at significantly elevated pressures and temperatures. This new test loop will reduce oil and gas operators’…
Norway's Statoil has made a small discovery near the Gina Krog development project, according to the Norwegian Petroleum Directorate and pratner Det norske. Wildcat well 15/6-13 and appraisal wells 15/6-13 A and 15/6-13 B were drilled…
Could the North Sea become a CO2 storage site? Elaine Maslin takes a look at two proposed projects and some of the challenges involved. The CCS goal—how the Scottish Centre for Carbon Storage sees carbon capture and storage on and offshore…
As decommissioning begins in earnest in the UK North Sea, the real cost of decommissioning is starting to be seen. Elaine Maslin reports on a study conducted to assess the increasing costs. The…
Decommissioning, plugging and abandonment, well workovers, EOR, and even offshore renewables maintenance could be performed from the dual decks of the CDC Heron. Elaine Maslin reports. The CDC Heron multipurpose vessel design…
Heerema Marine Contractor’s new semisubmersible crane vessel is set to make waves. Elaine Maslin reports. An illustration of the new NSCV. Photos from Heerema Marine Contractors. Norse gods do not come along that often…
Within the next few years, a couple of major decommissioning projects are set to start in the UK sector of the North Sea at the Brent and Murchison fields — and there are plenty of other projects in the pipeline. John Bradbury outlines the activity…
Carbon capture and storage (CCS) projects need to demonstrate, through monitoring, that the injected CO2 is contained within the geological store during and after injection and no unexpected migration has occurred. In order to achieve this…
There has been much uncertainty in recent years around the tax relief available to companies as part of the decommissioning process, as a result of a constantly changing UK tax regime. Oil and gas companies have commonly been required…
As the oil and gas industry reacts to the continued downturn in prices, even the seismic vessels market is taking great pains to trim the fleet and stay competitive. Elaine Maslin surveys the market. GC Rieber delivered the Polar Empress…
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