Statoil has agreed to acquire JX Nippon’s 45% equity share in, and operatorship of, the UK license for the Utgard field, which straddles the Norwegian and UK median line. The move will see Statoil increase its holding in the license to 100%…
Photographer Jan Berghuis has caught these stunning images of the moment Heerema Marine Contractor's Thialf heavy lift vessel lifted into place a new, 10,000-tonne module for Talisman Sinopec Energy UK's new Montrose platform in the UK North Sea…
Talisman's new Montrose bridge linked platform (BLP) topsides has sailed out from the Heerema Fabrication Group's Zwijndrecht yard, 12mi south of Rotterdam. The 10,500-tonne, 75m-long, 40m-high, topsides will make a short stop off at Schiedam…
Prosafe’s Safe Boreas harsh environment accommodation vessel has commenced an eight-month contract with Talisman Sinopec Energy in the North Sea. The US$60 million contract comes with options. The Safe Boreas commenced operations…
Aberdeen-based Plexus Holdings has secured an order from Talisman Malaysia for the supply of a wellhead system for an exploration well offshore Malaysia. This order with Talisman is the first to be awarded to Plexus’ Malaysian joint venture company…
Subsea 7 has won a three-year frame agreement, with four one-year options, for six North Sea clients: Chevron North Sea, Dana Petroleum (E&P), Hess Denmark, Nexen Petroleum UK, Talisman Sinopec Energy UK and TAQA Bratani. Under the frame agreement…
Archer (UK) announced the award of a three-year contract with two, two-year extension options, for the provision of platform drilling services for Talisman Sinopec Energy UK. The contract, which is scheduled to commence on 1 November 2015…
Norwegian giant Statoil inked a US$15 million deal that will increase its presence on the Norwegian Continental Shelf and UK Continental shelf with the acquisition of stake in the Afla Sentral field. Map of Alfa Sentral…
Wood Group has been awarded the front end engineering and design (FEED) contract for the subsea development of the Talisman Energy Ca Rong Do (Red Emperor in Vietnamese) field offshore Vietnam; estimated to contain around 67 MMboe. Wood…
Denmark's Maersk Drilling has been awarded a new contract for the jackup rig Mærsk Giant with Danish energy utility DONG Energy. The firm contract covers 150 days of work on the Nini and Siri field in the Danish part of the North Sea…
Wintershall, a 100%-BASF subsidiary, plans to optimize its portfolio by selling to Tellus Petroleum its interest in assets in four non-operated fields in a US$602 million deal. The fields include Knarr (where Wintershall owns a 20% interest)…
Upstream oil and gas deals activity, including capital markets and mergers and acquisitions, totaled US$23.5 billion from 114 transactions in May 2015, an almost $75 billion drop in value from the $98.4 billion achieved across 111 deals in April 2015…
Talisman Energy's Snømus exploration well in the Norwegian sector of the North Sea has been classified as dry. The 15/12-24 S Snømus well - the first exploration well on production license 672 - was drilled in 86m water depth using…
Spain’s Repsol is rolling out a new organizational structure following the acquisition of Canadian oil company Talisman Energy that places Repsol as one of the world’s largest private oil companies. Imaz…
Sweden-based oil and gas exploration and production firm Lundin Petroleum recruited former Talisman Energy VP Nick Walker as senior vice president development and operations. Walker will join North Sea and Malaysia focused Lundin with…
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