Statoil has received consent from the Petroleum Safety Authority to use the COSLInnovator mobile drilling facility for production drilling on the Troll field using the controlled mud level method. The consent covers the use of COSLInnovator for production drilling on 8½in…
Atlantic Petroleum says the Orlando field development in the UK North Sea continues to progress to end of 2016 field oil. The field, in Block 3/3b in the northern North Sea, is being developed as a subsea tie-back to the CNR International operated Ninian Central platform…
Less than a week before Scotland goes to the polls over independence, the heads of BP and Shell have made their opinions clear amid counter claims over North Sea oil. Bob Dudley and Ben van Beurden, the CEOs of BP and Shell respectively…
Statoil has agreed to sell off stakes in the Aasta Hansteen spar development, the Polarled pipeline, and a discovery neighboring Aasta Hansteen to Germany’s Wintershall in a US$1.3 billion deal. As part of the deal, Statoil will also…
Four months after taking to the helm of Italian state-run Eni, CEO Claudio Descalzi is now the subject of a corruption investigation related to the acquisition of the large and lucrative deepwater oil prospecting lease (OPL) 245 offshore Nigeria…
The owner of a Scottish tidal stream energy project has secured a 398MW, 25-year seabed lease from the Crown Estate, which owns the seabed, for the project. Atlantis owns the MeyGen project, which earlier this month secured major funding packages…
Nearly 50 companies have made applications for licenses in the Norwegian government's lates licensing round. The deadline for applications ended September 2. Norway's Ministry of Energy and Petroleum said applications had been received…
Statoil Petroleum has drilled a dry wildcat exploration well on the Ensis prospect in production license (PL) 393 B in the Barents Sea. The well, 7125/4-3, was drilled about 4km south of the 7125/4-1 oil and gas discovery and about 105km northeast of Hammerfest…
Technip Umbilicals awarded Vallourec a contract for the Total-operated West of Shetland Edradour project in the UK. For the first industrial order, Vallourec will deliver super duplex welded tubes for umbilicals, a key component in subsea installations…
Norwegian engineering and construction firm Kvaerner has announced plans to 'accelerate' the company's development, including looking at potential new partnerships and a change in ownership structure. Image: Kvaerner's Verdal yard. Kvaerner has appointed advsiry firm Greenhill & Co…
CGG has been awarded contracts for the 3D seismic acquisition of four major surveys using its BroadSeisTM with BroadSourceTM, marine broadband technology. The four surveys represent a total contract value of over US$80 million. Three…
Statoil has brought on stream its two latest “Fast-track” fields, Fram H-North and Svalin C, in the North Sea. Fram H-North, north of Fram West in the Troll area, and Svalin C, in block 25/11 southwest of the Grane platform, are the eighth…
UK-based heavy oil explorer Xcite Energy has signed an agreement which could pave the way for a common gas export route for the Kraken, Bentley and Bressay heavy oil fields. The collaboration agreement is between with Statoil and a subsidiary of EnQuest…
Premier Oil's Solan facility, including subsea tank, jacket and topside, have now been installed west of Shetland. Hook up and commissioning will start on the development, which is in Block 205/26a, in 135m water depth, but first oil will be dependent on progress of this phase of work…
Baker Hughes issued the August 2014 international rotary drilling rig count, showing a total of 1339 rigs operating worldwide in August 2014, outside of the US & Canada. The results show a decrease of 43 from the 1382 counted in July 2014…