Petrofac has been appointed as duty holder to support UK joint venture Anasuria Operating Co. (AOC) to take over operatorship of Anasuria cluster in the North Sea. Anasuria Operating Co. is a joint venture company formed between Hibiscus Petroleum Berhad and Ping Petroleum…
Oilfield services firm Petrofac has been appointed duty holder on the Anasuria cluster, in the UK North Sea. The role is in support of the Anasuria Operating Company (AOC), a UK joint venture formed between Hibiscus Petroleum Berhad (Hibiscus) and Ping Petroleum (Ping)…
Atlantic Petroleum has agreed to sell its Norwegian activities to M Vest Energy - a company partly owned by Atlantic's existing management. The Norwegian activities include all of Atlantic's assets and licenses, the liabilities of the licenses…
Det norske oljeselskap has gained approval from the Norwegian Petroleum Directorate (NPD) for a drilling permit for well 16/1-26 S, which is part of the Ivar Aasen field, in the North Sea. Well 16/1-26 S will be drilled from the Maersk…
UK North Sea industry trade body Oil & Gas UK set out a string of tax change proposals which it says could help boost the ailing industry’s competitiveness and investors confidence. The calls for urgent tax reform follow the trade association’s latest activity report…
Oceaneering International has been awarded an eight-year contract by Statoil. The agreement is to provide two work class electric remotely operated vehicles (ROVs) for Statoil’s CAT-J Platforms in the North Sea. The new ROVs are currently being built in-house and called the eNovus…
The UK's new regulator, the Oil and Gas Authority (OGA), has launched a competition linked to future exploration licensing rounds in order to stimulate further offshore oil and gas exploration activity in the United Kingdom Continental Shelf (UKCS)…
Zennor Petroleum has completed its acquisition of First Oil & Gas and Antrim Resources from the administrators of First Oil Expro. Zennor now takes over interests in the North Sea producing fields Mungo and Monan (License P059), Bacchus (License P255)…
Dutch firm Boskalis has signed a letter of intent (LOI) to acquire offshore activities from VolkerWessels. Under the offer, Boskalis will acquire maritime and offshore wind energy related activities of VolkerWessels, namely VBMS, Stemat and VSI (Volker Stevin International)…
Norway's Statoil has terminated its contract with COSL Offshore Management for the semisubmersible drilling rig COSL Innovator, which it was using on the Troll field in the Norwegian North Sea. One man died and two more wre injured after a wave hit the rig on 30 December last year…
Total's Uptonia exploration well 34/6-4 on production license 554 in the Norwegian sector of the North Sea is to be plugged and abandoned as a dry well, says the Norwegian Petroleum Directorate. The well was drilled about 6km northeast…
Subsea 7 has won a contract extension from BP for subsea construction, inspection, repair and maintenance (IRM) services in the North Sea. Under the agreement, Subsea 7 will provide BP with an additional two years of IRM delivery, extending the contract to 2019…
The UK oil and gas industry could release more than five million man hours each year if the sector standardized and simplified safety practices. The sector could recover as much as one hour of work per day per person at worksites through…
Since its discovery in 2010, the Sea Lion field offshore the Falkland Islands has been subject to a string of development options. Elaine Maslin looks at Premier Oil’s optimized final plan. Ocean Rig’s Ocean Guardian semisubmersible drilling rig…
Sixteen new licenses for oil and gas exploration in the Danish sector of the North Sea have been granted under Denmark's 7th Licensing Round, pending parliament approval. The move will see several new foreign operators enter the Danish sector…
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