Archer has been awarded a five-year contract by ConocoPhillips for the provision of mechanical wireline services for the Norwegian Continental Shelf. The contract was awarded following a competitive tender process for ConocoPhillips’ well intervention services in Norway…
In May 2016, PGS will commence acquisition of a 4400sq km 3D GeoStreamer survey over the Aasta Hansteen area of the Norwegian Sea, scheduled to be completed in August 2016. Fast track data will be available four months after the final shot…
Island Offshore's mobile offshore unit Island Constructor has been awarded a contract by BP Exploration Operating Co. for the provision of light well intervention services on the UK continental shelf in July this year. According to the terms of the agreement…
The Petroleum Safety Authority Norway has given Statoil consent to use the Stena Don mobile drilling facility for drilling and completion of wells 35/11-B-22 and B-13 in the Fram field in the North Sea. Fram is an oil field in the northern North Sea around 20km north of Troll…
The Petroleum Safety Authority Norway has given Wintershall consent to use the mobile drilling facilities Island Frontier and Island Wellserver for intervention work on the wells in the Vega field. Vega lies due north of the Fram field…
The TRIYARDS Holdings built Lewek Constellation ice-class DP3 multi-lay vessel, was named Support Vessel of the Year at the 2016 Offshore Support Journal (OSJ) Awards. Only offshore support vessels (OSVs) deemed to have raised the bar…
Offshore rig count for March 2016 declined 33.4% when compared to March 2015, and 5% compared to February 2016. Image from Baker Hughes Twitter. According to Baker Hughes, there were a total of 241 vessels operating last month…
Houlder delivered the first of two offshore pile upending tools for the Rampion Offshore Wind Farm development, off the UK’s Sussex coast. Image of Houlder's offshore pile upending tools, from Houlder…
Island Offshore has secured contracts with Norske Shell worth US12 million (100 million NOK) for two of its vessels, the Island Valiant and Island Constructor at the Draugen oil field, offshore Norway. The Island Constructor…
UK-based well examination services firm Chris Dykes International has been acquired by Danish well management company WellPerform. Established by Chris Dykes in 2002, following a career with oil majors and the UK's Health and Safety Executive…
Well management and performance improvement firm Exceed has bolstered its decommissioning credentials through a strategic alliance with Weatherford. The collaboration will offer an end-to-end solution for well decommissioning, using an…
It's hard to quantify accurately recovery rates on the UK Continental Shelf (UKCS). Estimates from the Department of Energy and Climate change put it at about 46%. Global estimates point to somewhere between 30-35%. However, the well known dictum…
OMV has successfully completed drilling and testing of the Wisting Central II appraisal well in the Barents Sea, with flow rates hitting just above 5000 boe/d. The Transocean Spitsbergen, from OMV…
Statoil has cut its average project cost per barrel from US$70/bbl to around $40/bbl, but the work has just started and the changes need to be permanent, even if prices increase, CEO Eldar Sætre said this morning. Speaking at the Subsea Valley conference in Oslo…
Oil company cuts could be going too far, leading to another period of high cost inflation as the oil price returns and capacity is found to be lacking, a Norwegian industry analyst has warned. Speaking ahead of the Subsea Valley conference…
Subscribe
