North Sea News

 

UK may revoke Dea UK/LetterOne licenses

Apr 20, 2015

The UK government is giving Dea UK and partner LetterOne three to six months for a further change of control for UK North Sea petroleum licenses or they will be revoked. RWE Breagh installation…

Global Marine inks two North Sea contracts

Apr 20, 2015

Tampet awarded UK-based Global Marine Systems Ltd. two contracts in the North Sea, designed to further enhance high-capacity communications networks in the area and entail highly skilled route survey, cable installation and protection services…

Lime acquires Lundin North Sea stake

Apr 20, 2015

Lime Petroleum Norway is acquiring 30% interest in PL544 located in North Sea from Lundin Norway. Map of Fosen. From Lundin Norway. The license is located south of the Edvard…

Pain for Petrofac on Laggan Tormore

Apr 20, 2015

London headquartered oilfield services firm Petrofac says its loss on the west of Shetland Laggan Tormore project is to reach US$360 million in 2014-2015 amid delays and industrial action.  Petrofac's work on the project, a 125km subsea…

Lundin takes on new VP

Apr 20, 2015

Sweden-based oil and gas exploration and production firm Lundin Petroleum recruited former Talisman Energy VP Nick Walker as senior vice president development and operations. Walker will join North Sea and Malaysia focused Lundin with…

Dry run continues for BG Group offshore Norway

Apr 17, 2015

Shell takeover target BG Group has continued a dry exploration run offshore Norway with its latest exploration well near the Knarr field.  The 34/3-5 well, on production license 373 S, in 403m water depth, was drilled about 5km southeast of Knarr in the Northern North Sea…

CSR completes SMD acquisition

Apr 17, 2015

China's Zhuzhou China South Rail Times Electric completed a £130 million acquisition of the UK-based ROV and trenching equipment manufacturer Specialist Machine Developments (SMD), also known as Soil Machine Dynamics. Zhuzhou specializes…

Petrofac develops Golden Eagle maintenance program

Apr 16, 2015

Petrofac completed a project for Nexen Petroleum UK Golden Eagle Development Area, delivered through its Plant Asset Management consulting business that involved the development and implementation of a maintenance program for the Golden Eagle installation…

Valemon opens

Apr 16, 2015

Petroleum and energy minister Tord Lien opened the Valemon gas and condensate field in the North Sea on 16 April. Expected recoverable reserves from the field are 192 MMboe. Valemon ribbon cutting…

Enegi signs up Kongsberg for marginal fields

Apr 16, 2015

Norway's Kongsberg Maritime and UK technology ABT Oil and Gas (ABTOG) (50% owned by Enegi Oil) have signed a collaboration agreement to work together on a proof of concept to demonstrate the effectiveness of normally unattended operations of facilities for the development of marginal fields…

NASNet deployed on Aasta Hansteen

Apr 16, 2015

Nautronix's NASNet array in Statoil’s Aasta Hansteen field is now fully operational and awaiting first field construction, the UK-based firm said. Last year, Nautronix secured an order with Subsea 7 to supply 16 NASNet stations along…

Wintershall outlines North Sea plans

Apr 16, 2015

Germany's Wintershall is stepping up its activities in the southern North Sea, the company has announced. In addition to an extensive drilling campaign in the Netherlands, the UK and Denmark, the company intends to take its natural gas and crude oil discoveries into the production phase swiftly…

WGPSN awarded Enquest contract

Apr 14, 2015

EnQuest awarded Wood Group PSN (WGPSN) a five-year contract to provide engineering, design, construction, procurement and commissioning services to the Thistle, Heather and Northern Producer offshore assets in the North Sea. The contract…

Technip in Triton subsea gig

Apr 14, 2015

Dana Petroleum awarded Technip a brownfield subsea contract for the Triton floating production storage and offloading (FPSO) vessel in the central North Sea. Image from Dana Petroleum. This…

Edvard Grieg module loadout

Apr 14, 2015

In this video, Lundin Petroleum shows the loading of the 16,000-tonne of steel and equipment comprised of both the main deck module and the process module for the Edvard Grieg platform onto barges, that occurred in the last days of March 2015…

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