Repsol has reached an agreement with Total to acquire its 7.65% stake in the producing Mikkel field, in the eastern part of the Norwegian Sea.The Mikkel field is a gas and condensate reservoir located 35 kilometers south of the Midgard deposit on Equinor’s Åsgard field in the Norwegian Sea…
Bermuda-based marine services company Teekay Offshore Partners announced that certain of its subsidiaries have entered into a settlement agreement with Petrobras with respect to various disputes relating to the previously-terminated charter…
Sembcorp Marine Rigs & Floaters, a wholly-owned subsidiary of Sembcorp Marine, has signed an agreement with Varg L.L.C., a wholly-owned subsidiary of Teekay Offshore Partners L.P., for engineering, procurement and construction works related to the modification…
Teekay's Petrojarl I floating production, storage and offloading (FPSO) vessel has sailed away from Aibel's shipyard in Norway. The TenTech 685-design vessel, which was the North Sea's first FPSO when it was delivered in 1986 by NKK in Japan…
Alpha Petroleum is proving that there’s room for small independents to make their mark in the UK North Sea. Elaine Maslin looks at the firm’s Cheviot field plan. Image from Centrica. Some fields get a second chance…
Alpha Petroleum Resources has inked a contract with Awilco Drilling for drilling 18 development wells on its Cheviot field development in UK North Sea. The drilling, using the WilPhoenix semisubmersible drilling rig, will take about 1080 days and is due to start in Q2 2018…
Norway’s Petroleum Safety Authority (PSA) has granted Repsol Norge consent to use the Rowan Stavanger jackup for permanent plugging of wells on the Varg field. Rowan Stavanger. Image from Rowan…
The North Sea's first floating production, storage and offloading vessel (FPSO), the Petrojarl I, has been delivered to owner Teekay after a two and a half year project to make it ready for its next deployment. The Petrojarl 1, a Tentech 685 design vessel…
Private equity backed independent Alpha Petroleum Resources is targeting first oil from its UK North Sea Cheviot oil field in 2019, after entering agreements with floating production system provider Teekay. Alpha expects to achieve…
Norway’s Petroleum Safety Authority (PSA) has unveiled a number of failings, following an audit of Shell's management of the integrity of flexible risers, transfer lines and associated safety equipment on Knarr floating production and storage offloading (FPSO) unit…
Norway's Petroleum Safety Authority has given Shell permission to take over the Knarr and Gaupe fields, as part of the major's take over of the two field's former operator BG Group. Gaupe is an oil and gas field close to the boundary with the UK shelf…
Repsol has been given the green light to remove the Petrojarl Varg floating production unit and related subsea structures from the Varg field offshore Norway. The Varg oil field is in the North Sea, about 220km south-west of Utsira in Rogaland county…
Repsol Norge awarded DeepOcean a contract for provision of engineering, procurement, removal and disposal (EPRD) of Varg Subsea facilities in the North Sea. Image of the Edda Freya, from DeepOcean…
Spanish oil and gas explorer Repsol is planning to shut down its Varg field operations offshore Norway, due to the low oil prices, according to news reports. The Petrojarl Varg. Image from Teekay…
A floating production vessel working on CNR International Banff field has become the latest victim to bad weather in the UK. The Teekay-owned Petrojarl Banff unit, based some 190km east of Aberdeen, saw two of its 10 achor lines 'lose tension' at around midnight on 3 January…
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