Statoil has reduced the cost of its massive Johan Sverdrup develop even further, to reach a full field break even cost of US$30/bbl, the Norwegian oil major revealed this morning. Drilling operations at Johan Sverdrup…
In this drone video, Statoil shows its Njord A semisubmersible production platform as it was being towed to the Kværner Stord yard in Norway for reinforcement and renovation works that will enable it to return to production up to and beyond 2030…
Houston-based Vaalco Energy’s Avouma project is back online offshore Gabon, West Africa, following issues with its electric submersible pump (ESP) that date back to late June. Map from Vaalco. According to Vaalco…
Statoil started production from the subsea Fram C East satellite offshore Norway, which will help boost the nearby Troll C’s production and activities. Subsea template at Fram. Images from Statoil. The…
Production at Chevron’s Erskine project in the Central North Sea has hit a new snag, after Shell said that further work is needed on the recommissioning of the Lomond platform, according to partner Serica Energy. Erskine…
UK supermajor BP has hit a milestone on 15 August at its Azeri-Chirag-Deepwater Gunashli field offshore Azerbaijan, by producing 3 billion bbl since the start of production from the Chirag platform in 1997. ACG is a complex of six production platforms: Chirag-1…
Tullow Oil has achieved first oil from the Tweneboa, Enyenra, Ntomme (TEN) fields offshore Ghana with MODEC’s Prof. John Evans Atta Mills floating production and storage offloading (FPSO) vessel. Prof…
Ithaca Energy is eyeing November as its start-up date for first hydrocarbons at the Stella field, as the company reduced its net debt to US$606 million in 1H 2016. The FPF-1 departing Remontowa yard…
Singapore-based KrisEnergy’s revenue has tripled in 1H 2016, as a loss of production occurred at its five Wassana wells in the Gulf of Thailand. Wassana illustration, from KrisEnergy. The…
Det norske has received consent from the Petroleum Safety Authority Norway (PSA) to use the Maersk Interceptor jackup to drill production wells at Ivar Aasen. Ivar Aasen is an oil and gas field in the North Sea, around 175km west-southwest of Karmøy in Rogaland county…
Noble Energy has been named the successor operator of the Thunder Hawk production facility, according to the company’s Q2 2016 report. Scant on details, Noble did confirm that the deal is expected to become effective within Q3 2016, subject to regulatory approval…
The oil price crash brings subsea processing opportunities, says Rystad Energy’s Jon Fredrik Müller. The Åsgard subsea compressor manifold station was installed in summer 2013 with the Saipem 7000…
In this video, Anadarko talks about its Heidelberg project, in the Green Canyon area of the Gulf of Mexico. Heidelberg, which came onstream four months ahead of schedule in January 2016, is an 80,000 b/d floating production facility…
Dutch monopile manufacturer SIF already produces the equivalent to the Eiffel Tower every 2.5-3 weeks. It’s looking to increase that capacity further, reports Elaine Maslin. SIF monopile offloading…
Oceaneering’s Justin Pizzitola discusses the use of an open water dual coiled riser based system for rigless stimulation. Back deck of an Oceaneering vessel. Images from Oceaneering International…