Partners behind the giant Johan Sverdrup discovery have said that a decision on the development has been delayed until the New Year. Statoil, Lundin and Det Norske had been due to agree concept selection on licenses PL501, PL265 and PL502 by the end of 2013…
IKM Consultants is to provide multi-discipline personnel to Statoil's international operations and projects over the next 2.5 years under a new frame agreement with the Norwegian operator. This frame agreement started December 15, and includes an option for two…
Navis Engineering has completed work on its latest project with Singaporean offshore specialist Miclyn Express Offshore (MEO), following the commissioning of the DP2 system on board the ROV and dive support vessel Resolution. After successful sea trials…
Finnish government-owned investment company, Finnish Industry Investment Ltd, has acquired a 66.4% stake in Aker Arctic Technology Oy (Aker Arctic) from STX Finland Oy. Aker Arctic is a leading company in Arctic marine logistics and offshore solutions…
Technip and China's China Offshore Oil Engineering Co. Ltd (COOEC) have signed an joint-venture agreement in September. The five-year agreement will target deepwater engineering, procurement, construction and installation (EPCI) subsea umbilicals risers…
Malaysia-based Bumi Armada Berhad announced that Afren Energy Resources Ltd. extended its contracts with Armada Floating Solutions Ltd. and Bumi Armada (Singapore) Pte Ltd for the bareboat charter and the operations & maintenance respectively of the FPSO Armada Perkasa for another two years…
CNOOC Ltd.’s Qikou 18-1 adjustment project has recently commenced production. Qikou 18-1 oil field is located in the west part of Bohai with an average water depth of 10m. In addition to fully utilize the existing producing facilities…
FES International has been awarded a £598,000 contract to supply four high-pressure fluid swivels for Total's subsea Moho Nord project in Congo, West Africa. The Moho Nord project is to develop major discoveries, Marine 2 and 3, in the upper north of the Moho Bilondo license…
A €4 million (£3.4 million) research project by Lloyd’s Register Energy, Senergy, the Danish Technical University and Welltec has been launched to optimize production from horizontal wells. The project, called Project OPTION, is…
Chevron North Sea Limited has awarded a £150 million contract to Dolphin Drilling Limited, a subsidiary of Fred. Olsen Energy ASA, for a 20-month multi-well drilling and completion program, across several of its operations in the UK North Sea…
BG Group’s Europe business has signed contracts with Wood Group PSN and Stork Technical Services (RBG) to provide a range of specialist support over the next five years to its Armada, Everest and Lomond assets in the central North Sea. The…
French oil major Total has agreed to acquire 65.625% in a central North Sea license through two separate deals announced today and yesterday. Today, Norwegian Energy Company (UK) Ltd (Noreco), said it had agreed to sell 35% in license P2032…
Technip has been awarded contracts by Shell UK, Fairfield Energy, Ithaca Energy and TAQA for lfie of field operations. This four contracts include: Diving operations to prepare for decommissioning of the Shell Delta Brent facilities…
Wood Group Mustang Canada has been awarded the detailed engineering and design of an integrated topsides facility as part of the White Rose Extension Project (WREP), offshore Newfoundland & Labrador, Canada. Subject to partner, company and regulatory approvals…
Production has started from the southern North Sea Orca gas field, operator GDF SUEZ has announced. The field straddles the UK and Dutch sectors of the North Sea, making it the second such cross-border gas development between these two countries (the other being Markham)…