GE Oil & Gas has signed a framework agreement with Norway's Statoil to provide subsea operations services for the company's operated fields Tordis, Vigdis, Snorre and Troll, located north west off the coast of Stavanger. GE Oil & Gas will run the services from their Dusavik site…
Oil and gas engineering services firm Plexus Holdings has signed an agreement with Aquaterra Energy to jointly supply high-pressure/high-temperature dual barrier marine risers utilizing Plexus’ POS-GRIP technology. The new risers will be a new solution for use on jackup rigs…
An aging asset doesn’t mean unmanageable, unprofitable and inoperable. There is still potential to be realized from the UK Continental Shelf (UKCS), despite the challenges of the current climate. In terms of oil alone, it is estimated that there are around 25 billion barrels to be recovered…
Wintershall Norge has awarded Odfjell Drilling's semisubmersible Deepsea Stavanger a contract for the drilling of production wells on the Maria field in the Haltenbanken area on the Norwegian Continental Shelf. The firm contract is for…
Private equity backed Proserv Group has bought Aberdeen-based subsea acoustic positioning firm Nautronix. Employing 120 people, Nautronix is recognised for its through-water digital acoustic wireless communications and positioning systems…
The continued low oil price has led to some 5500 job losses in the UK North Sea since late 2014, according to new figures released by the Oil and Gas Authority today. The organization, a new independent regulatory body, set up earlier…
Only two months after announcing the launch of their expanded test facilities, Hexham based Red Marine has announced another expansion of its testing capabilities with the development of a new high capacity test rig. The 200-tonne capacity…
Norway's Ministry of Petroleum and Energy approved plans for Wintershall’s US$1.8 billion (NOK 15.3 billion) Maria development, offshore Norway. Maria development plan. Image from Wintershall. The Maria field…
Two and a half years after project sanction, production began from Statoil’s Smørbukk South Extension at the Åsgard field. Installation of Smørbukk South Extension subsea template. Images from Statoil…
Norway's official statistics organisation, Statistics Norway, has predicted that oil prices are set to remain low and only gradually increase to around US$60 in 2018. The organization said yesterday that low spending will also result in a drop in investment of almost 33% from 2013 to 2018…
Statoil to develop new small discovery in the 30/9-27 S in production license 104 as part of Oseberg Delta project. The well was drilled about 7km west of the Oseberg Sør-field in the northern part of the North Sea, 150km west of Bergen…
US-based Noble Energy says it is imperative that the Israeli government follows through with and approves a framework agreement to develop Leviathan and Tamar, which was presented to the Knesset yesterday (2 September). Map of Israel…
Premier Oil's exploration well 3/7-10 S on the Myrhauk prospect in the Norwegian sector of the North Sea is to be plugged and abandoned as a dry hole. The well, on the south east flank of the Mandal High in production license 539, reached total vertical depth of 3464m…
Image: Culzean platform/Heerema Fabrication Group Maersk Oil North Sea UK has awarded Heerema Fabrication Group (HFG) a second contract for structures on its ultra-high-pressure, high-temperature (uHPHT) Culzean development in the North Sea…
Magseis announced that it has started a multi-client program in the Barents Sea. The survey builds on previous work conducted in the Barents Sea for Statoil and Lundin Petroleum and where the company’s Marine Autonomous Seismic System…
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