The Aberdeen & Grampian Chamber of Commerce released findings today (11 June) from its 22nd Oil and Gas Survey conducted in partnership with law firm Bond Dickinson, which revealed startling new numbers showing that confidence levels in the…
The global capital spending on newbuild and converted floating production storage and offloading (FPSO) vessels could reach US$8.65 billion this year, according to consultancy firm Visiongain. The largest spend will be focused on offshore…
Lundin Norway received approval from the Norwegian Petroleum Directorate to drill an appraisal well located southeast of the giant Edvard Grieg field, in the central North Sea. Map of well 16/1-23S…
Italian regulators will allow London-based explorer Northern Petroleum to conduct 3D seismic data studies at two of its wholly-owned permit areas in the southern Adriatic Sea. The approval to conduct new seismic in permits F.R39.NP and F…
Øystein Løseth has been elected as new chair and Roy Franklin as a new member and deputy chair of Statoil's board of directors. Løseth has been a member of Statoil’s board of directors since 1 October 2014 and is a member of the board’s audit committee…
Det norske installed the 8900-tonne steel jacket for its Ivar Aasen platform in the North Sea. The Ivar Aasen steel jacket. Images from Det norske. The Saipem-built jacket was lifted in place down to the seabed at 112m water depth…
Providence Resources Plc reports that 3D seismic of its Druid exploration prospect in Frontier Exploration License 2/14 in the southern Porcupine Basin, found about 220km offshore southwest Ireland in 2500m water depth, looks encouraging…
NorSea Group won northeast Scotland’s first major “small piece” decommissioning contract. Work has already begun on the six-month project which is being carried out at NorSea Group’s Peterhead facility on behalf of Endeavour Energy and…
Statoil started the installation of 22 Åsgard subsea gas compression modules in the Norwegian Sea. Åsgard subsea compressor. Images from Statoil. The Åsgard field lies on the Halten Bank…
Suncor Energy began operations at the Niobe exploration prospect in the UK North Sea, according to partner Trap Oil. Niobe map. From Suncor. Niobe is located in license P.1889…
The International Well Control Forum (IWCF) appointed David Conroy as its first chief technical officer (CTO). Based at the organization’s UK headquarters, Conroy will be developing this new role to lead changes to the technical aspects of IWCF’s services…
After some tough international competition, Statoil chose the Kvaerner/KBR joint venture to take on the US$849 million (NOK 6.7 billion) contract for the complete delivery of the platform topside to the Johan Sverdrup field development in the North Sea…
Seanic Ocean Systems has successfully field tested its electric torque tool. The client, a major oil company in the Norwegian sector of the North Sea, has reported highly accurate performance of the torque tool and innovative design features over the course of several jobs…
NorSea Group (UK) has established a new executive team to lead the company’s growth in Scotland. Walter Robertson has been appointed managing director while Mike Munro becomes the company’s first operations director. Walter has 30…
Chevron's Erskine field has restarted production after being shut-in since September last year while a major upgrade was carried out on BG Group's Lomond facility, which it exports production through. Before the shut-down, the field was producing about a quarter of what is able to…
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