Norwegian exploration and production firm Noreco is facing uncertainty after its chairman resigned with immediate effect as the firm deals with significant write-downs on reserves at key production assets. Noreco says, according to updated reservoir modeling by operator Dong Energy…
FoundOcean and Ranger Offshore Inc. signed a strategic agreement this month, formalizing a relationship that has previously developed between the two companies. FoundOcean, Ranger Offshore combine…
Jacket installation operations on Premier Oil’s Solan oil field development west of Shetland are due to start. The four-legged steel jacket for the field, in Block 205/26a, in 135m water depth, left the construction yard at Methil, Fife…
Production from the entire Siri area offshore Denmark is hoped to resume in Q3 on finalization of permanent structural repair to the Siri platform (right). Noreco, a partner in the Cecile License, which relies on Siri for offtake, said…
This video shows Lerwick Harbour receiving the 10,000-tonne subsea oil storage tank for Premier’s Solan oil field development located 90km west of Shetland. The tank was delivered to the port on 26 July from the construction…
Premier Oil is ramping up towards offshore installation work on its Solan field development in Block 205/26a, in 135m water depth, west of Shetland, in the UK North Sea. Construction and onshore commissioning of the four-legged Solan…
Norway's Kvaerner has been given backing from Newfoundland's Research & Development Corporation (RDC) and Statoil Canada to carry out a research and development project for subsea separation and storage facilities. The project's…
Subsea 7 has been awarded its largest UK engineering, procurement, installation, and commissioning (EPIC) services contract, by Premier Oil. The contract, worth more than US$460 million, will be for work on Premier Oil's Catcher Area development…
A 20-year-old concept is receiving increasing attention in the North Sea as operators look for options to develop marginal fields. The concept is for unmanned production buoys, which could cost-effectively support production from small or marginal fields…
Offshore grouting contractor FoundOcean has secured two contracts on the Solan oil field development west of the Shetland in the North Sea. The contracts, with Heerema Marine Contractors and Bibby Offshore,& cover structural grouting on the 8000-tonne Solan platform jacket and its 300…
UK and Singapore headquartered services firm Cape has acquired UK-based Motherwell Bridge, a provider of storage tanks, gasholders and heat exchangers to the energy and steel markets for £37.65 million. Motherwell Bridge, headquartered in Lanarkshire…
After Norwegian Energy Company ASA (Noreco) announced that the Siri would not return online until Q2 2014, the Danish Energy Agency approved a temporary production solution to allow for a Q1 2014 restart. Siri, wholly-owned by operator DONG Energy…
Norwegian Energy Company ASA (Noreco) has said production is expected to restart from the Siri platform, offshore Denmark, in Q2 2014. Production from the platform will be at reduced volumes until the Siri platform is permanently repaired…
Wison Offshore & Marine Ltd. (WOM) successfully completed the installation of the three LNG storage tanks into the hull of the Caribbean FLNG project. The project’s barge deck and topsides will now be installed. The Caribbean FLNG project…
Subsea 7 has announced that it is to build a new heavy construction and flexible pipelay vessel which will be delivered in 2016. The new vessel will be one of the most capable heavy construction vessels in Subsea 7’s fleet of over 40 ships…
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