Statoil has reduced the cost of its massive Johan Sverdrup develop even further, to reach a full field break even cost of US$30/bbl, the Norwegian oil major revealed this morning. Drilling operations at Johan Sverdrup…
The price tag for developing a field on the Norwegian shelf has declined by an average of more than 40% since the autumn of 2014, according to the Norwegian Petroleum Directorate’s (NPD) analysis of eight planned developments that are approaching start-up…
In this drone video, Statoil shows its Njord A semisubmersible production platform as it was being towed to the Kværner Stord yard in Norway for reinforcement and renovation works that will enable it to return to production up to and beyond 2030…
Singapore-based Keppel Offshore & Marine is on track to deliver the Armada Kraken floating production storage and offloading (FPSO) vessel to Bumi Armada, marking the Malaysian oilfield service company's entry into the North Sea. The Armada Kraken…
UAE-based Lamprell has delivered the delayed Ensco 140 newbuild jackup to Ensco, after signing an agreement with Ensco to settle all claims arising from the late delivery. Image from Lamprell. The…
The NorSea Group (NSG) has signed a US$9.8 million (NOK 80 million) contract with Statoil for intermediate storage of the Johan Sverdrup export pipelines. The contract involves receipt of over 36,000 pipe sections, 36in and 18in in diameter…
Houston-based Vaalco Energy’s Avouma project is back online offshore Gabon, West Africa, following issues with its electric submersible pump (ESP) that date back to late June. Map from Vaalco. According to Vaalco…
There could be 25.5 billion bbl in place and 20.6 Tcf of gas in the West Orphan Basin, in the Canada-Newfoundland and Labrador Offshore Petroleum Board (C-NLOPB) 2016 Eastern Newfoundland Call for Bids, according to the Government of Newfoundland and Labrador…
Statoil's Njord A semisubmersible production platform has been towed to the Kværner Stord yard in Norway for reinforcement and renovation works, which will enable it to return to production up to and beyond 2030. The facility, which was built at the same yard in 1997…
Canadian-based, North Sea and Ireland focused explorer Antrim Energy is seeking to wind up. At its annual and special meeting on Tuesday (30 August), the firm will consider approval to voluntarily dissolve the corporation, delist from…
Navigational aids specialist Pharos Marine Sims Systems has completed the design, manufacture and installation of a bespoke solar navigation aid system for Shell's Brent Delta platform in the North Sea. The Great Yarmouth-based firm completed…
Norway's Petroleum Safety Authority has given Shell permission to take over the Knarr and Gaupe fields, as part of the major's take over of the two field's former operator BG Group. Gaupe is an oil and gas field close to the boundary with the UK shelf…
Sparrows Group formed a partnership with SapuraKencana Technology, a wholly-owned subsidiary of SapuraKencana Petroleum Berhad to collaborate in the provision of offshore and onshore crane services including manufacturing, supply, operations…
Wärtsilä has been contracted to supply the re-gasification system for an FSRU (floating, storage, re-gasification unit) conversion project that Höegh LNG plans to carry out on a modern LNG vessel. Wärtsilä…
Maersk Drilling's Maersk Gallant jackup drilling rig has beaten the record for drilling the deepest well on the Norwegian Continental Shelf. The well, which reached a total depth of 5941m on 31 July, was on Total's Solaris ultra-high-pressure…
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