Norwegian seismic acquisition technology firm Magseis has won a contract with Chevron North Sea. The contract is for seabed seismic acquisition in the UK sector of the North Sea using Magseis' proprietary MASS system and the Artemis Athene…
Gazprom has agreed to buyout its South Stream Transport partners Eni, Wintershall and EDF just weeks after the project, which was already in construction phase, was cancelled. South Stream Transport was owned 50% by Gazprom, with Eni holding 20%…
Lundin Petroleum's exploration well 6405/12-1 on the Lindarormen prospect is being plugged and abandoned as a dry hole. The well was in production license 584, 150km northwest of Kristiansund on the Norwegian coast, about 80km northeast of the Ormen Lange field…
The Petroleum Safety Authority of Norway (PSA) has given Det norske oljeselskap ASA consent to use the Transocean Winner mobile drilling facility to drill two new subsea production wells on the Alvheim field. The Transocean Winner…
The Petroleum Safety Authority of Norway (PSA) is giving BG Norge the go-ahead to drill the exploration well 34/3-5 in the Jordbær Sør prospect, in the northern North Sea. The exploration well is located in production license PL 373 in the Tampen area…
Dutch contractor Van Oord’s flexible fallpipe vessel Stornes has set a world record. During a period of four weeks, Stornes, built at CIMC Raffles, placed rock in water depths of up to 1277m. The subsea rock installation works were executed…
First oil from the delayed Brynhild field in the Norwegian North Sea has finally been achieved, a year after it was first due on stream, says operator Lundin Petroleum. The field, which started production on Christmas Day, in production license 148…
KBC Advanced Technologies won a US$5 million seven-year contract with a major European based oil field services company for the licensing of KBC’s upstream simulation portfolio. This contract covers Maximus, Multiflash and Petro-SIM for…
BG Group is selling two modern tri-fuel diesel electric (TFDE) LNG carriers to GasLog for US$460 million, a deal that will help the company pay down its debt. Methane Becki Anne. From BG Group. The…
Norwegian oil exploration firm North Energy has launched a strategic review after being approached over potential strategic opportunities as market conditions remain difficult. The firm says the continued low oil price presents challenges…
Swedish exploration and production firm Lundin Petroleum says it has made a sub-commercial discovery on the Storm prospect, offshore Norway. The Storm wildcat well 33/2-1 on production license 555 was drilled 200km northwest of Florø…
BP and the state oil company of the Republic of Azerbaijan, SOCAR signed a production sharing agreement (PSA) for the exploration and development of the potential prospects in the shallow water area around the Absheron Peninsula located in the Azerbaijan sector of the Caspian Sea…
Damen Shiprepair Rotterdam (DSR), part of Damen Shiprepair & Conversion (DSC), has been awarded an engineering, procurement and commissoining contract contract by Petrojarl I for the upgrade of its FPSO Petrojarl I. The Petrojarl I (pictured) is a Teekay Petrojarl-managed FPSO…
Forum Energy Technologies subsidiary Sub-Atlantic has secured three international contracts with a combined value of over £3.5 million for the manufacture of three specialist remotely operated vehicles (ROVs). The firm will provide IKM Subsea in Norway…
Alexandra Pate, a Robert Gordon University student, has won a competition to design the trophy for the 2015 Offshore Achievement Awards (OAA), taking place in March. The brief was to design a trophy which encompassed the key themes of the OAA…