North Sea News

 

OE17: Roll your sleeves up

Sep 05, 2017

Despite taking the job as head of a new industry regulator, in the midst of what has become one of the industry’s worst downturns, Andy Samuel is still a man who sees opportunity on the UK Continental Shelf – but not without continued effort…

OE17: No more complacency?

Sep 05, 2017

Aberdeen City & Shire has been through a shock, these past three years. While the 4th industrial revolution is high on the agenda at this morning’s Aberdeen & Grampian Chamber of Commerce (AGCC) SPE Offshore Europe 2017 business breakfast…

OE17: Ben van Beurden - more work to be done

Sep 05, 2017

When it comes to oil industry heavy weights, the CEOs of Shell and BP are up there. At SPE Offshore Europe today, plenary session delegates will hear from both, alongside Wood Group CEO Robin Watson, in this morning’s plenary session. We caught up with Shell CEO Ben van Beurden in advance…

OE17: Expro inks Repsol MSA

Sep 05, 2017

Oilfield services company Expro (5D110) has secured a five-year master services agreement with Repsol Sinopec Resources UK, for well services across its UK North Sea assets, the firm revealed during SPE Offshore Europe. The contract is…

OE17: Peak oil demand in 2022

Sep 05, 2017

Energy demand will plateau after 2030, according to a new DNV GL (stand 5B51) model which forecasts the pace and extent of the global energy transition until 2050.  While fossil fuel will still provide more than 40% Peak of the world energy demand…

North Sea: challenged economics

Sep 05, 2017

As SPE Offshore Europe opens its doors, petroleum economist Professor Alex Kemp gives his view on the outlook for the North Sea. Over the past three years the North Sea oil and gas industry has made a very painful adjustment to the dramatic fall in oil prices…

Well-Safe takes on Jim Christie

Sep 04, 2017

Decommissioning services firm Well-Safe Solutions has appointed Jim Christie as director of programs. The specialist well abandonment company, launched in July this year, has already assembled a senior team of eight well-known industry experts and now employs 20 people…

Centrica to drill on Fogelberg Q1 2018

Sep 04, 2017

Centrica has awarded Island Drilling the contract for drilling an appraisal well at the Fogelberg discovery. The Island Innovator drilling rig is scheduled to start operations at Fogelberg in the Norwegian Sea in February/March 2018.  The…

Norway still key for Total

Sep 04, 2017

Norway is still a key country for Total, its CEO Arnaud Breuillac has said after confirming the sale of company's remaining 15% stake in the Gina Krog field to Kuwait Foreign Petroleum Exploration Company (KUFPEC). Total had in 2016 agreed a deal with KUFPEC…

Further Johan Sverdrup costs shed

Sep 04, 2017

Phase 1 of the massive Johan Sverdrup project offshore Norway is now close to 60% complete, ahead of schedule and even further under the original estimated budget, says partners Aker BP and Lundin. In statements released this morning…

North Sea vessel remote controlled from California

Sep 01, 2017

Technology group Wärtsilä has performed the remote operation of a North Sea platform supply vessel in the North Sea - from San Diego, California, 8000km away.  The four-hour test, which involved driving the vessel through a sequence of…

An uncertain outlook

Sep 01, 2017

Production is increasing in the UK North Sea as investments made up to 2014 come onstream. But what’s next? Elaine Maslin takes a look. The Culzean development jacket was installed in July…

Living in a subsea world

Sep 01, 2017

Oceaneering and Sonsub are making moves towards subsea resident remote operated vehicles. Elaine Maslin reports on their progress. The eNovus ROV illustrated. Image from Oceaneering. The…

Asset integrity wrapped up

Sep 01, 2017

Engineered composite wraps are becoming the solution of choice for dealing with corrosion issues in the North Sea on an increasing range of offshore pipework and structures. Elaine Maslin reports. Caisson repair using Technowrap Splashzone…

A new production paradigm

Sep 01, 2017

New players are entering the aging North Sea basin, but there’s still ambitions to increase exploration as well push forward with decommissioning. Andrew Scutter, of EIC, gives his view. While the North Sea is one of the most developed oil and gas basins in the world…

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