Atlantic Petroleum says the Orlando field development in the UK North Sea continues to progress to end of 2016 field oil. The field, in Block 3/3b in the northern North Sea, is being developed as a subsea tie-back to the CNR International operated Ninian Central platform…
Less than a week before Scotland goes to the polls over independence, the heads of BP and Shell have made their opinions clear amid counter claims over North Sea oil. Bob Dudley and Ben van Beurden, the CEOs of BP and Shell respectively…
Statoil has agreed to sell off stakes in the Aasta Hansteen spar development, the Polarled pipeline, and a discovery neighboring Aasta Hansteen to Germany’s Wintershall in a US$1.3 billion deal. As part of the deal, Statoil will also…
UK oil and gas engineering firm FES International has won a US$1,250,000 contract to supply four diverless bend stiffener connectors to NOV Flexibles. Diverless bend stiffener connectors (DBSCs) enable the quick, efficient and cost effective…
Nearly 50 companies have made applications for licenses in the Norwegian government's lates licensing round. The deadline for applications ended September 2. Norway's Ministry of Energy and Petroleum said applications had been received…
Statoil Petroleum has drilled a dry wildcat exploration well on the Ensis prospect in production license (PL) 393 B in the Barents Sea. The well, 7125/4-3, was drilled about 4km south of the 7125/4-1 oil and gas discovery and about 105km northeast of Hammerfest…
Norwegian engineering and construction firm Kvaerner has announced plans to 'accelerate' the company's development, including looking at potential new partnerships and a change in ownership structure. Image: Kvaerner's Verdal yard. Kvaerner has appointed advsiry firm Greenhill & Co…
Statoil has brought on stream its two latest “Fast-track” fields, Fram H-North and Svalin C, in the North Sea. Fram H-North, north of Fram West in the Troll area, and Svalin C, in block 25/11 southwest of the Grane platform, are the eighth…
UK-based heavy oil explorer Xcite Energy has signed an agreement which could pave the way for a common gas export route for the Kraken, Bentley and Bressay heavy oil fields. The collaboration agreement is between with Statoil and a subsidiary of EnQuest…
Premier Oil's Solan facility, including subsea tank, jacket and topside, have now been installed west of Shetland. Hook up and commissioning will start on the development, which is in Block 205/26a, in 135m water depth, but first oil will be dependent on progress of this phase of work…
Australian supply chain logistics group Brambles is to acquire Aberdeenshire-based Ferguson Group for an enterprise value of £320 million (US$545 million) expanding its container business. Ferguson Group provides container solutions to the offshore oil and gas sector…
Expro has landed a major subsea contract with BP for the Quad 204 project, west of Shetland in the UK North Sea. The seven-year multi-million dollar contract will see Expro provide its latest design vertical xmas tree landing string for the installation of BP’s subsea completions…
Det norske oljeselskap ASA has hit another dry well in the Norwegian sector of the North Sea. The wild cat well on the Kvitola prospect was the first well drilled in production license (PL) 553. The duster on Kvitola follow on from Det norske's dry well on the Heimdalshø prospect…
Tullow Oil announced that its subsidiary Tullow Exploration & Production has agreed to sell its operated and non-operated L12/L15 block interests and non-operated Q4 and Q5 block interests to AU Energy, a subsidiary of Mercuria Energy Group…
Veolia won a contract to decommission the 14,000-tonne Yme oil platform in the Norwegian North Sea. The doomed Talisman Yme will be removed and towed in a single lift from its current North Sea location and be moved to Lutelandet in South West Norway to be dismantled by Veolia…
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