UK oil major BP is set to sell its operated interests in the Bruce, Keith and Rhum fields, including three bridge-linked platforms and subsea infrastructure in the North Sea to UK independent Serica Energy. Subject to completion of the deal…
Wintershall and its partners have been given the green light to start production next month from the Maria field in the Norwegian Sea. Maria development. Source: Wintershall. The development…
Statoil has confirmed a three-year extension to its contract with Archer for platform drilling management services on the Peregrino A and B platforms offshore Brazil. The extension awarded is the second of the two options included in the original four year contract which commenced in 2009…
Engineering house Wood has started its multi-million dollar, 'evergreen' contract to act as operating partner of the Scottish Area Gas Evacuation (SAGE) system and Beryl pipeline, on behalf of Ancala Midstream Acquisitions. Wood will manage the day-to-day operation of the SAGE system…
Dana Petroleum's long delayed Western Isles development has produced first oil, it's been reported. The UK North Sea development has been brough on stream using a new-build Sevan-design cylindical floating production unit (FPSO) built at COSCO's yard in China…
Norway's Siem Offshore says it's in negotiations with a potential buyer for its Siem Offshore Contractors cable lay business as it prepares for 'an extended downturn in the offshore supply market.' The firm is trying two separate moves to improve its finances…
Spectrum reported on 14 November that its multi-client 2D seismic survey covering the Austral and Malvinas basins offshore southern Argentina has commenced through the authorization of the Ministry of Energy and Minerals. The expected survey size is around 14…
Rosneft, part of the Sakhalin-1 Consortium, has successfully completed drilling of the world's longest well, from Orlan platform at Chaivo field in the Sea of Okhotsk. The well, with horizontal completion, is 15000m-long (15km). Rosneft…
SOCO International has had its 25-year exploitation permit over the Viodo, Lideka and Loubana areas in the shallow water Marine XI Block, offshore the Republic of Congo (Brazzaville), confirmed by the country's Council of Ministers. The…
Well-Safe Solutions has signed its first contract after launching in July this year. The Aberdeen-based specialist well abandonment company has secured a three-year framework agreement with TAQA Bratani for the provision of intervention management services for all their North Sea assets…
Aker Solutions has won a contract to provide umbilicals for the Statoil-operated Johan Sverdrup, Utgard and Bauge developments offshore Norway. The order entails delivery of a total of more than 40km of subsea umbilicals. 'By combining…
OMV Norge is expected to start drilling on the Hades & Iris prospect in production licence 644 in the Norwegian Sea early next month (December) following approval from the Norwegian Petroleum Directorate for well 6506/11-10. Drilling…
Anadarko Petroleum will allocate US$1.1 billion toward its deepwater Gulf of Mexico operations in 2018, the US independent announced on 16 November. During a Q3 2017 earnings call in early November, President and CEO Al Walker said Anadarko…
Repsol Norge is moving forward with a new attempt to develop the Yme field offshore Norway. The firm has awarded a contract to Maersk Drilling for use of the combined drilling and production jackup Mærsk Inspirer for five years, with a five-year extension…
St. Louis-based technology firm Emerson Electric has once again offered to buy Milwaukee-based Rockwell Automation, this time proposing to acquire all of Rockwell’s outstanding shares in a deal valued at $29 billion. David N…
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