Norway's SeaBird Exploration is to carry out a long offset 2D multi-client survey in the Barents Sea. SeaBird and Lundin Norway jointly designed the survey of deep seismic profiles to be acquired in the Barents Sea during September-October 2016…
Hurricane Energy's pilot well on the basement reservoir Lancaster discovery West of Shetland has indicated resources 'significantly greater' than the firm's 200 MMbbl base case, the company said this morning. Hurriane has completed…
UK independent Nobel Upstream has completed a deal to buy a 7.59% stake in the UK North Sea Maclure oil and gas field from Shell. Maclure was discovered in 1991 and put into production in 2002. Production in 2016 has averaged 8200 boe/d…
Norwegian firm Offshore Heavy Transport (OHT) has been contracted to transport the Transocean Winner drilling rig to Turkey using a semisubmersible heavy lift vessel. It is expected that the rig will be floated onto the semisubmersible heavy lift vessel OHT HAWK…
North Sea independent EnQuest has cut the cost of its Kraken heavy oil development in the North Sea by a further US$150 million, thanks to progress on the drilling campaign and subsea workscopes. The cost of the development, which will see a floating production…
INEOS UK E&P Holdings has secured a five-year US$294,000 million (£220 million) reserve-based lending facility, which it plans to use to acquire future projects. The facility, the firm's first reserves based lending facility, was secured…
Aker Solutions will provide engineering, procurement, construction, installation and commissioning (EPCIC) services to enable a tie-in of the Utgard gas and condensate field in the North Sea. The 56.4 MMboe Utgard tie-back consists of…
Petrel and its partners have met for discussions with Ghanaian officials, with negotiations now underway for a possible award of deepwater Tano basin acreage, as well as replacement acreage for the company’s signed petroleum agreement on Tano 2A Block…
Oil and gas giants are calling for greater industry collaboration and an increased focus on operational efficiency, as global energy leaders prepare to gather in the UAE capital for the upcoming Abu Dhabi International Petroleum Exhibition and Conference (ADIPEC 2016) in November…
Schlumberger WesternGeco and ION Geophysical announced a new 3D multiclient reimaging broadband program offshore Mexico, which uses Mexico’s National Hydrocarbons Commission (CNH) data library. The Campeche 3D reimaging program comprises three survey areas covering approximately 82…
The 2017 Offshore Achievement Awards have been launched at this year’s Intelligent Energy Conference. Following a record 30th anniversary year (in terms of both entrants and attendees) for the awards in 2016, event organizers the Society…
'Embracing New Realities: Reinventing our Industry' has been announced as the central theme for SPE Offshore Europe 2017, set to take place in Aberdeen from 5-8 September 2017. Conference chair Catherine MacGregor, president, Reservoir Characterization Group…
UK demolition and decommissioning company DSM Demolition has unveiled plans to create a major development site in the Orkney Islands, off mainland Scotland, to take advantage of the expected boom in North Sea oil and gas decommissioning work…
Talks between engineering firm Wood Group and two unions over pay cuts and changes to allowances have resulted in a 'mutually agreeable proposal,' it has been announced. Nearly 400 workers in the RMT and Unite unions staged strikes earlier…
Supermajor Shell started production from its Stones development in the deepwater Gulf of Mexico, the firm reported on 6 September 2016. The field’s FPSO, Turritella, is the deepest floating production unit in the world, operating in 9500ft of water…
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