The UK's Industry Technology Facilitator (ITF) and Oil & Gas Innovation Centre (OGIC) have joined forces to fund and support the development of innovations which could reduce costs, raise production efficiency, and improve safety and environmental performance…
Shining lights in the offshore oil and gas industry were recognized in a black tie dinner in Aberdeen last night. Some 500 industry professionals attending the SPE Offshore Achievement Awards, which celebrates innovation, collaboration…
Statoil has found oil and gas in a wildcat well, close to the Gullfaks field in the northern part of the Norwegian Sea. The well was drilled from the Gullfaks C platform to a structure east of the Gimle field, about 7km northeast of the…
Statoil has received consent from Norway’s Petroleum Safety Authority (PSA) to drill exploration well 7121/8-1 named Blåmann in the Barents Sea, with the possibility of a sidetrack well. Blåmann is in production license 849, around 113km northwest of Hammerfest and 25km from Goliat…
Saipem and Siemens have signed a joint development for subsea control systems for Saipem’s Subsea Bus architecture based on Siemens Subsea DigiGrid. Siemens, through its subsea entity, will support Saipem in realizing the Saipem Subsea Bus architecture…
The Norwegian Petroleum Directorate (NPD) has granted consent for continued use of the subsea facilities on the Sigyn field in the North Sea from the end of 2017 until the end of 2022. In its application, operator ExxonMobil refers to current estimates…
4Subsea won a contract with Statoil to deliver services and research projects related to structural integrity of fixed and floating offshore installations. The deal will see 4Subsea deliver services related to subsea installations from subsea wellheads…
Maersk Oil reached an agreement with the government of Denmark that will see a full redevelopment plan for the Tyra project in the Danish North Sea. Tyra East. Image from Maersk Oil. The…
Bureau Veritas (BV) has acquired Marine Assurance & Consulting (MAC). Based in Aberdeen, MAC was established in 2010 and now has 30 employees as well as more than 40 associates. This transaction is in line with BV’s recent developments in the North Sea offshore sector…
German operator DEA has gained approval from Norway’s Ministry of Petroleum and Energy for the US$1.2 billion (NOK 10 billion) Dvalin development plan in the Norwegian Sea, with production set for 2020. Illustration of Dvalin…
RockRose Energy has agreed a deal to acquire Egerton Energy Venture's share capital, in a move which will see it take over the firm's non-operated interests in the Galahad (27.8%) and Mordred (8.33%) gas fields in the southern North Sea. RockRose…
Badger Explorer entered into a letter of intent (LOI) with the shareholders of Dwellop to acquire 100% of the outstanding shares of Dwellop for approximately US$22.4 million (NOK 190 million). In addition, certain shareholders of Badger…
A Norwegian newcomer with ties to Seadrill, Borr Drilling, is set to acquire Transocean’s entire jackup fleet, including newbuilds, in a US$1.35 billion deal. The Constellation II jackup. Image from Transocean…
Dounreay Trì has been granted planning consent for the installation of a floating windfarm 9km off the Northern Coast of Scotland by the Scottish government. The decision means that the facility will achieve the necessary Renewables Obligation…
Norwegian engineering firm Aker Solutions is to provide design engineering for Statoil's semisubmersible Njord A platform upgrade in Norway under sub-contract to Kvaerner, which in turn has a US$590 million engineering, procurement and construction contract on the job…
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