The start of construction of the riser platform for the giant Johan Sverdrup project offshore Norway has been marked at Samsung Heavy Industries yard in South Korea. Johan Sverdrup, 155km west of Stavanger, Norway, is one of the five biggest oil fields on the Norwegian Continental Shelf…
UK independent operator Premier Oil says it has cut costs on its North Sea Catcher floating production project by 15% - and the project remains on schedule. Forecast gross capex to first oil is now anticipated to be about US$1.35 billion…
The UK North Sea's first use of a subsea oil storage tank has started, independent operator Premier Oil announced this morning. First oil on the Solan field, which was developed to use normally unmanned facilities, including subsea oil storage and tanker offloading…
Abu Dhabi National Energy Company PJSC (TAQA) announced first oil from the new Cladhan field development in the UK North Sea on 29 December. The field was developed as a subsea tieback to the TAQA-operated Tern Alpha platform. Peter Jones…
You’ve found the oil. Now drill into significant cost savings.Having the resources is only the start. It’s knowing how to maximise the potential as cost-efficiently as possible is the key. Based on knowledge gained over 500 global drilling operations…
UK independent explorer Trapoil has been forced to give up a string of licenses in the North Sea after failling to find farm-in partners to help fund work. The firm, which last year cuts its staff and saw its founders leave, 'to maintain value…
Xcite Energy selected AGR's well construction planning software P1 to support the planning and development of the Bentley field, one of the largest in the United Kingdom Continental Shelf. The use of the software and the associated procedures…
AGR has been awarded software contracts with Det norske oljeselskap, VNG (Norge) and OMV (Norge) worth in total about US$1 million. AGR will be delivering its bespoke software products P1, CT and iQˣ, which has been shortlisted for the ONS Innovation Award…
The Cygnus Alpha wellhead platform during installation offshore. Photo from GDF Suez E&P. A new impetus to explore the UK North Sea could help to unlock some of the basins’ underexplored plays…
AGR's software solutions division had signed its first contract with Sakhalin Energy. The three-year deal includes the latest version of AGR's P1 software, as well as maintenance and support services. The software allows operators to maximize performance during well-construction projects…
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