Statoil Petroleum recently completed a North Sea inline isolation in order to facilitate the tie-in of its Valemon platform to its Huldra-Heimdal pipeline. The tie-in will require 27km (16mi) of pipe to be laid. Statoil chose SmartPlug isolation technology…
Statoil and Wood Group Mustang Norway (WGMN) completed the hook-up of the Valemon platform in the North Sea. Valemon. From Statoil. WGMN teamed with the Korean engineering, procurement…
Statoil shows the process of getting its US$2.9 billion Valemon field on stream. The high-pressure, high-temperature, gas and condensate development, located in the Norwegian sector of the North Sea, started production on 3 January…
The Statoil-operated, NOK 22.6 billion Valemon high-pressure, high-temperature, gas and condensate development in the Norwegian sector of the North Sea started first production yesterday (3 January). The Valemon field, containing an estimated 192 MMboe recoverable reserves…
Petrofac has secured a duty holder contract for two assets in the southern North Sea, following their acquisition by Faroe Petroleum. Petrofac will continue to provide operations and facilities management to the Schooner and Ketch platforms…
Faroe Petroleum has completed the acquisition of a 53.1% operated interest in the Schooner field and a 60% operated interest in the Ketch field in the UK southern North Sea gas basin from Tullow Oil. Both fields are in Blocks 44/26a and 43…
BP Trinidad and Tobago (BPTT) awarded Technip an engineering, procurement, installation and commissioning lump sum contract for the development of the Juniper project, off the southeast coast of Trinidad. BPTT announced the sanction of the Juniper offshore project in August…
Greece-based exploration firm Energean Oil & Gas has launched a US$225 million investment program to develop 30MMbbl of reserves in North West Greece and to increase production from the Prinos, Prinos North and Epsilon fields to 10,000bbl/day by 2016…
BP Trinidad and Tobago LLC (BPTT) announced the sanction of its Juniper offshore gas project off the southeast coast of Trinidad. The project will involve the construction of an unmanned platform and associated subsea infrastructure…
Rising subsea development costs have led Statoil to set a target for 20-30% cost reduction on projects. Elaine Maslin reports from the Underwater Technology Conference. Subsea – facing new realities” was the slogan for this year’s Underwater Technology Conference (UTC) in Norway…
The Leman compression module at HSM Offshore, Schiedam. Photos from HSM Offshore. HSM Offshore has added new contracts to its order book, but more could be done by the industry to reduce costs and more efficiently use assets…
First production from an appraisal well has extended the southern limits of the high-pressure/high-temperature (HPHT) Jade gas condensate field in the UK Central North Sea, Houston-headquartered ConocoPhillips announced today. The Maersk…
Dubai-based Drydocks World has completed the HVDC converter platform DolWin beta (pictured), described as the world’s largest in terms of capacity. The platform is one of the main components of TenneT's 900 MW DC offshore grid connection DolWin2…
Aberdeen-based explorer Faroe Petroleum it to take on its first operated production in the North Sea through a £35million to take over operated stakes in two southern North Sea gas fields from Tullow Oil. Faroe will take a 60% operated stake in the Ketch field and a 53…
Mediterranean-focussed oil and gas explorer Energean Oil & Gas is seeking to increase its exploration and production plans offshore Greece after a cash injection. The firm has had a cash injection of $60million from the newly-created Third Point Hellenic Recovery Fund…
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