Norwegian authorities have approved Statoil’s estimated US$2.3 billion (NOK20 billion) plan of development and operation (PDO) for the Njord and Bauge fields in the Norwegian Sea. Source: Statoil Statoil…
If one thing is certain, it’s that oil prices fall, rise, and then fall again and that the dynamics driving prices are complex and will change faster than we might expect. Image from UTC Twitter…
Dyna-Mac has secured two fabrication projects for a provisional sum of US$30 million from two new customers. The group has been awarded a contract by Cameron Solutions Inc., a Schlumberger company acting through its Process Systems Group…
Expro has secured a US$10million well services contract extension with Apache North Sea at its Forties field. The contract covers a range of well services including slickline, cased hole services and pumping services, as well as support in delivering coiled tubing services…
Faroe Petroleum and its partners have secured Odjfell Drilling’s Deepsea Bergen semisubmersible rig to drill the Goanna and Fogelberg wells in late 2017 and early 2018. The Goanna exploration well is expected to spud in Q4 2017 at License PL881…
Norway’s Petroleum Safety Authority (PSA) has given Statoil consent to use the Bideford Dolphin for drilling and completing well 34/7-A-10 at the Snorre field in the North Sea. Drilling is scheduled to begin on 7 July and last 110 days…
Statoil’s Gullfaks B platform and associated pipelines will now operate until 30 June 2036 after receiving a consent for use from Norway’s Petroleum Safety Authority (PSA). PSA’s existing consent for the platform – which was installed…
Energean Oil & Gas has submitted the field development plan (FDP) for the Karish and Tanin natural gas fields offshore Israel, with a target of reaching a final investment decision by the end of the year, and first gas by 2020. Map of Karish and Tanin…
North Atlantic Drilling Ltd. Has been awarded a drilling contract with Siccar Point Energy E&P Limited for the Seadrill Ltd., semisubmersible West Hercules to drill and test the Cambo discovery offshore the UK West of Shetland. Drilling is scheduled to begin 1 April 2018…
The Irish government has extended phase 1 of Frontier Exploration Licences (FEL) 2/13 and 3/13 by two years to 4 July 2019, operator Europa Oil & Gas announced on 19 June. The Irish government has also approved an application to convert…
Statoil’s technology research and development efforts will focus on developing technology to reduce carbon dioxide emissions (CO2) from oil and gas operations, as well as digital solutions, the company reported today (19 June). With ambitious goals both within climate and digitalization…
Statoil has awarded Deep Sea Supply two contracts for two of the company's platform supply vessels (PSV). The first deal is a two-year contract for the Sea Frost PSV, for operations in the North Sea. The deal comes with options. The…
The UK's Oil and Gas Authority (OGA) has announced a suite of measures designed to make data openly available and stimulate interest in the UK Continental Shelf (UKCS) ahead of the 30th Offshore Licensing Round. The 30th Offshore Licensing…
Aker BP has drilled a dry hole close to the Volund field in the Norwegian North Sea, according to the Norwegian Petroleum Directorate (NPD). Well 24/9-11 S was drilled using the Transocean Arctic semisubmersible drilling rig in 122m water depth…
VNG Norge estimates its development plan for the Fenja field to cost US$1.3 billion (NOK$11.5 billion), the company said in a 15 June impact assessment of the project. Source: VNG Norge Formerly known as the Pil and Bue discoveries…
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