Apache North Sea Ltd. awarded STATS Group a contract to safely isolate the Forties Pipeline System (FPS) in the North Sea. The contract is for subsea isolation valves (SSIV) and piping spools to be safely installed and leak tested. This…
The latest EIC Monitor report paints a mixed picture of activity across the global upstream sectors in 3Q 2014, with a large decline in upstream activity. The global oil and gas industry has followed a gentle downward trajectory of project…
The 3Q 2014 Oil & Gas UK Business Sentiment Index published on 30 October shows that optimism in the sector continues to decline with a drop from two points above zero on the -50 to +50 index to seven points below zero. Published quarterly…
Shell will formally cease oil and gas production from the Brent Alpha and Brent Bravo platforms in the UK North Sea on 1 November 2014. Brent Alpha and Brent Bravo are located 186km (115 miles) east of Lerwick. Both platforms have significantly…
BG Group has said it is delaying a sanction decision on its high-pressure high-temperature (HPHT) Jackdaw project in the central North Sea. The firm said the group wanted to study more economic and lower risk development solutions for the field…
Lundin Petroleum has started drilling exploration well 6405/12-1 in production license 584 on the Lindarormen prospect. Lindarormen is about 150km northwest of Kristiansund on the Norwegian coast and about 80km northeast of the Ormen Lange field…
Gulf Marine Services, the leading provider of advanced self-propelled self-elevating support vessels (SESV) serving the offshore oil, gas and renewable energy sectors, has won a major new contract for one of its Large Class vessels. The…
Total E&P Norge AS will sell an 8% interest in the Gina Krog field in Norway, together with its interests in the mature fields of Vilje (24.243%), Vale (24.243%) and Morvin (6%), to PGNiG Upstream International for US$317 million. The…
EnQuest awarded Technip an engineering, procurement, installation and construction (EPCI) contract for the Kraken development. Technip's Deep Energy. From Technip. Kraken is located in the North Sea…
The world’s first subsea wet gas compressor station is now ready for the final testing at Horsøy outside Bergen before being prepared for installation and hook-up to Gullfaks C in 2015, says Statoil. By adding 22MM boe extra from the…
Total E&P UK is extending a decades-long relationship with CHC Helicopter in the North Sea, awarding CHC a long-term helicopter transportation contract to support Total’s offshore operations across the United Kingdom Continental Shelf (UKCS)…
Claxton Engineering was awarded a 12-month contract for multiple well slot recoveries in the Arabian Gulf, enabling a field operator to extend the economic life of its platform and well assets. Claxton’s Dubai office will perform diamond wire cutting and subsea drilling and pinning…
UK North Sea production is expected to remain flat in 2014, marking the first time in 15 years the industry has not seen a production decline in the basin. Production declines on the UK Continental Shelf had been steadily dropping at a rate of 7-8% per year…
EnQuest awarded Technip a large engineering, procurement, installation and construction (EPCI) contract for the Kraken development located in the North Sea, 400km northeast of Aberdeen and 130km east of Shetland, at a water depth of approximately 120m…
RossOffshore AS, based in Bergen, Norway, has been awarded long-term helicopter services contract with Lundin Norway AS and the Det norske oljeselskap ASA. The three-year contract is to book personnel for flights offshore Norway, and includes three x two-year options to extend…