Adapting to current cost conscious market conditions was the recurring theme of the Aker companies'* open day for investors last week (17 March). Edvard Grieg at Stord yard. Photo from Kvaerner. It…
The world’s first subsea wet gas compression system is ready to be installed on the seabed and tied back to the Gullfaks C platform, Norwegian oil firm Statoil has announced. The Gullfalks subsea wet gas compression system is being progressed…
Norway's Kvaerner has chosen Dubai-based Drydocks World to fabricate components for Statoil's Norwegian North Sea Johan Sverdrup riser platform jacket. Drydocks World will carry out the fabrication of pile clusters and floatation…
SURF contractor Ceona has secured a Letter of Intent (LOI) for the company’s newbuild flagship field development vessel, the Ceona Amazon in the US Gulf of Mexico. The contract will be the Ceona Amazon's first as well as Ceona’s first…
Middle East orders are driving growth and filling newly built capacity at Sweden headquartered Atlas Copco’s newly upgraded and expanded UK systems facility. Atlas Copco Compressors’ largest ever UK designed and built custom engineered package…
The Mariner heavy oil discovery on the East Shetland Platform in UK block 9/11 will be one of the largest offshore developments on the UK Continental Shelf in more than a decade. Meg Chesshyre checks on its progress. Chris…
Kosmos Energy is to plug and abandon its CB-1 well in the Cap Boujdour permit area offshore Morocco after gas and condensate was found – but not in commercial quantities. Despite the non-commerciality of the well, Kosmos CEO Andrew Inglis says the results are positive…
Dutch contractor Allseas last night (26 February) signed a contract with Norway's Statoil for the installation of three platforms on the giant Johan Sverdrup development in single lifts using the newly renamed mega-vessel Pioneering Spirit…
Offshore drilling rig operators have put a positive spin on the tough market conditions, suggesting that the downturn could improve the global fleet and offer opportunities to buy distressed assets. Seadrill CEO and President Per Wullf said while…
Statoil Petroleum has made a minor oil discovery at the Romeo prospect in production license 146 in the southern part of the Norwegian North Sea. The Romeo well 2/4-22 S was drilled about 20km north of the Ekofisk field and 2.3km northeast of the 2/4-21 discovery…
Statoil and its Johan Sverdrup partners awarded Aibel a US$1 billion contract for the engineering, procurement and construction for the deck of the drilling platform on the Johan Sverdrup field. Johan Sverdrup field…
Eni's Goliat cyclindrical floating production, storage and offloading (FPSO) platform, built in South Korea and now destined for the Barents Sea, has finally been loaded ready for transport to Norway. The 107m-diameter Goliat platform…
Statoil and its partners have submitted their development plan for the largest oil field on the Norwegian Continental Shelf (NCS) since the 1980s – a project tipped to have “ripple effects” through the whole Norwegian economy for years to come…
A number of organizations have been looking at ways to reduce energy use and emissions offshore. Sintef has been working on a waste heat recovery project, focusing on gas compressors, with research involving operators and equipment vendors…
Private equity group Epi-V has taken on Talisman Sinopec Energy UK CEO Geoff Holmes to lead its FourPhase portfolio company CEO as it looks to grow its global portfolio. it has also taken on Expro director Tony Kitchener, as Chairman…