%22Shah Deniz%22 News

Statoil to lead spending in North Sea

Jan 02, 2017

A total of 32 crude and natural gas projects are expected to commence operations in the North Sea region by 2025, with the UK claiming the highest number at 22, followed by Norway and Denmark with nine and one respectively, according to GlobalData…

KBR inks global BP work

Dec 19, 2016

Houston’s KBR has been awarded two global agreements by BP International for the provision of conceptual engineering services, and another for the provision of pre-front end engineering design (FEED) and FEED engineering services.  Each…

Statoil to use Deepsea Atlantic for Johan Sverdrup

Dec 22, 2016

The Norwegian Petroleum Directorate (NPD) has granted Statoil Petroleum a drilling permit for well 16/2-22 S, cf. Section 8 of the Resource Management Regulations. Well 16/2-22 S will be drilled from the Deepsea Atlantic drilling facility in position 58°55’33…

Slim pickings

Jan 01, 2017

There are slim pickings for fabricators in oil and gas sector, but as Steve Hamlen reports offshore wind fabrication has given firms some sustenance. Dudgeon jacket. Photos from Sembmarine SLP…

Energean completes Tanin, Karish deal with Delek

Dec 28, 2016

Energean has closed its deal with Delek Group, Avner Oil Exploration, and Delek Drilling for 100% stake in the I/16 Tanin and I/17 Karish leases, offshore Israel, paving the way for Energean to stick to its plan of first oil at the two fields in 2020…

Two Maersk vessels sink off France

Dec 22, 2016

Maersk Supply Services has confirmed that two of its vessels have sunk off the coast of France today (22 December), while being towed to a Turkish shipyard for recycling. Image of one of the vessels that sunk off the coast of France…

Delek buys majority stake in Faroe

Dec 28, 2016

Delek Group completed its deal with Dana Petroleum to gain 13.18% of Faroe Petroleum, expanding the Israeli firm’s North Sea footprint, and making it the majority holder in Faroe. Map of Faroe assets…

Money for nothing

Jan 01, 2017

Decommissioning offshore structures isn’t going away any time soon and research points to a US$210 billion bill for this activity from 2020-2040 worldwide. John Bradbury looks at the market. Allseas’…

Lamprell delivers NDC Al Gharbia jackup

Dec 22, 2016

Lamprell completed the construction on the jackup drilling rig, Al Gharbia, and its delivery to Abu Dhabi’s National Drilling Co. (NDC). Completion and delivery of the jackup rig, on time and on budget, was marked at an inauguration ceremony…

Statoil hits Gullfaks 30-year mark

Dec 23, 2016

Gullfaks was Statoil’s first field where the company was both developer and operator. Since production started 30 years ago on 22 December 1986, 2.6 billion bbl have passed the loading buoys. Image of Gullfaks C on its way to the field in 1989…

BOEM offers 48 million acres in Central GoM

Dec 23, 2016

The US Bureau of Ocean Energy Management (BOEM) will offer more than 9000 blocks, spanning more than 48 million acres in the Central Gulf of Mexico (GoM) Lease Sale 247, which is the Obama Administration's final GoM sale in its five year program…

Siemens gets Rentel wind order

Dec 21, 2016

Siemens has entered the offshore wind market in Belgium with a first order for the 309MW Rentel wind project. The customer is Rentel, part of the Otary partnership, a conglomerate of specialists from the Belgian renewable energy industry including investment and development companies…

IOG ups Harvey resources, sees tieback potential

Dec 16, 2016

North Sea explorer Independent Oil and Gas has seen an increase in resource estimates on two southern North Sea prospects, Elgood and Harvey, following 3D seismic reprocessing work.  Harvey, initially thought to be one discovery and a nearby prospect are now thought to be linked…

Noble to drill Leviathan-5 off Israel

Dec 20, 2016

Noble Energy is looking to drill a US$77 million appraisal and production well in the Leviathan area offshore Israel in Q1 2017, with a target of natural gas production from the giant field by the end of 2019, according to partner Delek Group…

Maintenance can only be held off so long, spending recovery expected

Dec 16, 2016

A sustained low oil price environment has led to a large number of delayed maintenance activities as operators continue to look to reduce costs wherever possible. The offshore maintenance, modifications and operations (MMO) market experienced…

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