Gazpromneft has brought a further two production wells (its third and fourth) into production at the Prirazlomnoye field in the Pechora Sea, as well as its second and third injection wells. Daily production on the Prirazlomnaya ice-resistant offshore rig…
Canada's Suncor Energy is to acquire a 30% stake in the UK deepwater North Sea Rosebank project from Austria's OMV. The move will see OMV reduce its stake from 50% to 20% in what is a massive, challenging, deep water, very harsh environment…
Subsea SURF contractor Subsea 7 has acquired polymer lining technology firm Swagelining. The two firms have already cooperated together, designing and installing in excess of 150km of reeled and bundled polyethylene (PE) lined water injection flowlines in the North Sea…
Unite the union says it has called for urgent talks with engineering firm Wood Group ahead of more planned strike action in the North Sea. Nearly 400 workers in the Unite and RMT unions who work for Wood Group on Shell platforms in the UK North Sea have so far staged two walkouts…
Vaalco Energy’s experienced a 72% increase in its revenue in Q2 2016, in addition to a new setback offshore Gabon with another failed electrical submersible pump (ESP) on the Avouma platform. Map from Vaalco…
Allseas’ huge single-lift installation/decommissioning and pipelay vessel Pioneering Spirit has successfully installed a 5500-tonne test platform topsides on a substructure in the K-13 field in the Dutch sector of the North Sea. The installation was completed on Sunday 7 August…
Wintershall Norge has started drilling wildcat exploration well 35/11-20 B using the Borgland Dolphin drilling rig in production license 248 F in the Norwegian North Sea. It is the latest well on the license, following well 35/11-20 A…
Paragon Offshore and its lenders have entered into an agreement to revise the company's restructuring plan in hopes to emerge from its bankruptcy process later this year in October. The Paragon MSS1…
Royal IHC has appointed Dave Vander Heyde as its new CEO effective 1 September, as the current CEO, Bram Roelse steps down from the role on the same day. Heyde has been CFO at IHC since 2011. Accustomed to the challenges the company is facing…
Italian giant Eni has gained operatorship of frontier exploration licence (FEL) 3/04 in the southern Porcupine Basin after supermajor ExxonMobil elected to withdraw from the license, according to partner Providence Resources. Following ExxonMobil’s withdraw…
In this video from Det norske oljeselskap, the company shows a time-lapse of the topside installation on Ivar Aasen on the Norwegian Continental Shelf. The 15,000-tonne topside, which was installed late last month, has now been installed on the jacket…
Marine energy is a sector which has faced its fair share of ups and downs. That said, there remains much to be positive about in both wave and tidal energy in Scotland. Both industries have taken enormous strides forward in the last 12 months…
Russia’s Lukoil is moving the jackets for the offshore ice-resistant stationary platform #2 from the port of Astrakhan to the Filanovsky field in the Caspian Sea. The platform is intended for drilling and operation of wells within the second stage of field development…
Sterling Energy subsidiary Sterling Cameroon Ltd. has issued a notice of surrender in relation to the Ntem Concession, offshore Cameroon, effective by the end of December 2016. The company does not expect to incur any material costs associated with the surrender…
Ithaca Energy's floating production unit, the FPF-1, has set sail for the Stella field in the North Sea after completing final marine systems trials. First oil from the Greater Stella Area development is expected in about three months later…
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