Lundin Norway began drilling the 7220/11-2 appraisal well in the Barents Sea South. The Island Innovator. From Island Drilling. The Alta discovery is located 10-20km northeast of Lundin…
Norske Shell has awarded IKM Subsea a long term IMR and ROV service contract. The contract value including options about US$19.1 million (150 million NOK) and duration term is firm for five years, plus five yearly options. “We are…
Statoil awarded 4Subsea a contract for further development of the cloud solution WellSpot. 4Subsea and Statoil have developed WellSpot since 2011, in order to make data collection and analyses related to wellheads more efficient…
The first signs of a recovery in the oil price have been seen and opportunities are opening up in the Mediterranean for Europe to significantly reduce its reliance on energy imports, delegates at the 12th Offshore Mediterranean Conference (OMC 2015) heard this morning…
More than 14,000 oil industry professionals are expected to descend on the Italian city of Ravenna this week for the bi-annual Offshore Mediterranean Conference, starting today (25). The city is home to the country’s offshore oil and gas industry…
The oil and gas industry can deal with low oil prices, up to a point, by making itself more efficient. In contrast, there is little it can do about geopolitics and one of the places that is most evident is the Mediterranean. The region has long been home to oil and gas production…
BG Group began production at the Knarr field in the North Sea, seven years after its discovery. In this video, BG Group takes you to the process to get to this month, where its first floating vessel development is expected to deliver vital resources to the European energy market…
International oil spill player Aptomar entered into a service agreement with Hammerfest-based maritime electronics company O.M. Rønning Skipselektronikk to further enhance oil spill detection and combating capabilities at Eni Norge’s Goliat field…
Helix Energy Solutions awarded Osbit Power a contract to manufacture three sets of offshore well-intervention equipment that include intervention tension frames (ITFs) and walk to work access systems. A…
Italy’s RINA Services has responded to the challenges of life extension and new regulatory regimes by completely updating its Rules for the Classification of Fixed Offshore Platforms. The new rules and guidelines will be published in May 2015 and will cover classification…
Adapting to current cost conscious market conditions was the recurring theme of the Aker companies'* open day for investors last week (17 March). Edvard Grieg at Stord yard. Photo from Kvaerner. It…
BP Exploration and Production awarded ASCO a US$149 million contract to provide a range of integrated oilfield services to support its UK North Sea operations. The comprehensive, five-year contract covers a variety of activities including: supply-base operations…
Polarcus Ltd. signed a letter of intent (LOI) with an undisclosed client for a 3D marine seismic project on the UKCS utilizing Polarcus' RightBAND technique for broadband data acquisition. The project, subject to the execution of a service contract…
Drilling has started on the Roald Rygg well 6706/12-3 nearby the recently drilled Snedfrid North discovery in the Norwegian Sea. Statoil is drilling on Roald Rygg using the Transocean Spitsbergen semisubmersible drilling rig. Well…
Imtech Marine is supplying a heating, ventilation and air conditioning (HVAC) system to the 6000-tonne Alba B3 greenfield compression platform, currently under construction for Marathon E.G. Production. To be located in Equatorial Guinea…
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