Premier Oil's Catcher floating production project in the UK North Sea is on schedule to deliver first oil in 2H next year. The UK-based independent says further cost savings have been secured against the project estimates. Premier now forecasts capex to first oil of US$1…
UK independent Premier Oil is planning to spud the Bagpuss heavy oil prospect in the Moray Firth in the North Sea this month, later than initially expected. Premier oil will use the Ocean Valiant semisubmersible drilling rig, which is…
The 28 license options awarded in two tranches in Ireland's 2015 Atlantic Margin licensing round have been set out in a newly released map of the acreage. In the first tranche, announced in February, ExxonMobil, BP, Statoil, and Eni were among the majors awarded license options…
GC Rieber Shipping has agreed a time charter agreement with Senvion for the construction support vessel (CSV) Polar Queen for use on offshore wind farms. The contract is for a fixed period of seven months with options to extend by up to three months…
The Norwegian Petroleum Directorate has granted ExxonMobil consent to start-up the subsea facility for production well 25/11-E-29 AH on the Balder field, nearly one week after the supermajor gained approval from Norway’s Petroleum Safety Authority (PSA)…
In this video, Shell shows the history of its Brent field, in addition to its efforts in the decommissioning process. Brent, located some 320mi from Aberdeen, one of several large fields that came on-stream during the global oil crisis of the 1970s…
Repsol Sinopec Resources UK Ltd. has award a number of new contracts for the provision of all maintenance and construction labour, engineering support services and fabric maintenance, covering its offshore assets and the terminal at Flotta…
Chevron North Sea has appointed Greta Lydecker as managing director of Chevron Upstream Europe, based in Aberdeen, starting today. Lydecker succeeds Craig May, who was recently appointed to the role of vice president, Upstream Capability…
Faroe Petroleum has successfully side-tracked its appraisal well on the Brasse discovery in licence PL740 in the Norwegian North Sea. The side-track well (31/7-1A) was appraising the south-eastern part of the Brasse discovery. Results based on extensive coring…
Norway’s Petroleum Safety Authority (PSA) is retracting an order handed to COSL Drilling Europe in April regarding a fatal accident onboard the COSL Innovator on 30 December 2015, after discovering new information and finding that no deviations were found in the design of the rig…
The Norwegian Petroleum Directorate is giving BP approval to use the facility on the Tambar field in the North Sea until 1 January 2022. This coincides with the expiry of production licence 065. The lifetime was set at 15 years in the plan for development and operation (PDO)…
Royal Boskalis Westminster has made a drastic decision to cut about 650 jobs worldwide, and take more than two dozen vessels out of service in the next two years as a result of the prolonged, weakened market. Image from Boskalis…
Petrofac has been appointed well operator by Hurricane Energy in a three-year contract to support wells located West of Shetland. Petrofac is the first outsourced well operator to manage a drilling campaign in the UK Continental Shelf…
ABS Group received a contract to provide project certification services to DONG Energy Wind Power for the planned Borkum Riffgrund 2 (BKR02) offshore wind farm in Germany. Developed by DONG Energy, the BKR02 Project is expected to be fully commissioned in the first half of 2019…
Noble Energy and its partners in the Tamar project will drill at the Tamar-8 well offshore Israel in Q4 2016. Image of Tamar operations, from Delek. Tamar-8 is located 100km west of Haifa…
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