New compressor = 220 million extra barrels
Sep 23, 2014
The new compressor in operation on the Kvitebjørn field in the North Sea from 17 September will increase production there by 220 million barrels of oil equivalent and extend the field’s lifetime with eight years. The new compressor contributes to an increase in the recovery rate at the Kvitebjørn field from 55% to 70%. “These are very profitable barrels, which make a considerable contribution to wealth creation on the Norwegian continental shelf.

Kongsberg Maritime: Collaboration with Ricardo on wind farm bearing monitoring technology
Sep 22, 2014
Ricardo and KONGSBERG have signed a framework agreement that will see Ricardo support the development of the Kongsberg Wind Farm Management System (WFMS) as well as related condition monitoring systems for a range of other industrial sectors. The Kongsberg WFMS is a turbine independent decision support system. It surpasses the functionality found in wind farm supervisory control and

RWE Dea awarded two new concessions in Egypt
Sep 19, 2014
In the International Bid Round 2013, RWE Dea has been awarded two new offshore concessions with operatorship by the Egyptian General Petroleum Corporation (EGPC). The concessions are located in the Gulf of Suez, where the company is producing oil as operator for more than 30 years. Dea will become operator of two new concessions in the Gulf of Suez. Dea will hold a share of 100% of the East Ras Fanar Offshore

Statoil temporarily suspends COSL Pioneer drilling rig
Sep 18, 2014
Due to overcapacity in rig portfolio, Statoil will lay up the COSL Pioneer rig in the fourth quarter of 2014. The rig is currently carrying out an assignment on the Visund field and is scheduled to complete this work at the end of September.“After a careful review of our drilling plan, we find it necessary to suspend COSL Pioneer for the time being,” says rig procurement responsible Tore Aarreberg.

InterMoor UK Operations achieves seven-year safety milestone
Sep 17, 2014
InterMoor UK Operations, part of Acteon’s foundations and moorings business, has completed seven years and more than 2,300 projects without a single lost-time incident (LTI). The safety record includes the companies comprising InterMoor UK Operations – InterMoor Ltd, InterMoor Marine Services Ltd and ChainCo – and operations at three bases, five storage yards and numerous quayside

Aker Wayfarer wins five-year contract from Petrobras
Sep 16, 2014
Aker Solutions' subsidiary Aker Oilfield Services (AKOFS) has won a contract worth USD 465 million over five years from Petrobras to provide subsea intervention services offshore Brazil from the Aker Wayfarer vessel. The contract will start within the fourth quarter of 2016 and has a five-year option extension. AKOFS will at the end of September become

Statoil to sell Norway assets to Wintershall
Sep 15, 2014
Statoil ASA farms down in Aasta Hansteen, Asterix and Polarled and exits two assets on the NCS for a consideration of USD 1.3 billion, including contingent payment. Through this transaction Statoil monetises on the Aasta Hansteen field development project, while retaining the operatorship and a 51 % equity share. In addition Statoil exits the non-core Vega and Gjøa fields.

Fugro completes on Gwyn t Môr
Sep 12, 2014
Aberdeen-based Fugro Subsea Services Limited (FSSL) has successfully completed the trenching and burial of inter-array cables for CT Offshore at the Gwyn t Môr wind farm in the Irish Sea off the North Wales coast. The 160 turbine Gwyn t Môr is currently the largest offshore wind farm under construction in Europe.

Production started from Fram H-North and Svalin C
Sep 11, 2014
The North Sea "fast-track” fields Fram H-North and Svalin C have now started production. Statoil’s fast-track development projects are increasing the company’s and partners’ oil and gas production through a combination of standardised subsea development solutions and utilisation of infrastructure in a manner which helps extend the lifetime of existing fields.

New modification contract for Aibel
Sep 10, 2014
A contract for the Kalstø Robustness Project (KaRP) in south-west Norway has recently been awarded to Aibel by Statoil, acting on behalf of operator Gassco. This assignment involves upgrading the gas pipeline landfall at Kalstø in order to ensure its safe and reliable operation in the future.

Shell's Cardamom development produces first oil in GoM
Sep 9, 2014
Production is now underway from the Cardamom development, the second major deep-water facility Shell has brought online in the U.S. Gulf of Mexico this year, following the start-up of Mars B in February. Oil from the Cardamom subsea development (100% Shell) is piped through Shell's Auger platform.

Kongsberg Maritime to provide Turnkey Offshore Simulator Delivery for New Ocean Rig Training Centre
Sep 8, 2014
Ocean Rig UDW Inc. has chosen Kongsberg Maritime to supply an extensive offshore and navigation simulator package for a brand new training centre. With a sophisticated integrated simulator suite, enabling specific operations and vessel team training, Ocean Rig’s new facility,

Petrobras receives international award for deep-water exploration and production
Sep 5, 2014
Petrobras CEO Maria das Graças Silva Foster has announced winner of the Global Pacific & Partners Award in the Offshore/Deepwater Player category at the 20th Latin Oil Week, an event held at the Copacabana Palace Hotel in Rio de Janeiro. Awards were made to the most outstanding Latin American companies

Statoil shutting down production on Huldra
Sep 4, 2014
Huldra is the first gravity-based, Statoil-operated installation in the North Sea to be shut down permanently. Terminating production on 3 September, the platform has produced gas and condensate for six extra years compared to the original plan. Since the Huldra field (PL051/052) came on stream on 21 November 2001 it has produced a total of 17,5 GSm³ of wet gas and has a recovery rate of 80%.

Statoil and DNV GL to drive standardisation of Subsea Factory interfaces
Sep 3, 2014
Subsea processing systems are tailor-made to meet field-specific requirements and components. Now Statoil is taking the initiative to standardise the interfaces for subsea processing plants on the seabed, also known as Subsea Factory. DNV GL is being asked as an independent party to initiate a Joint Industry Project (JIP) that will develop the standard.

Kongsberg Maritime launches new compact, portable acoustic positioning system
Sep 2, 2014
Kongsberg Maritime has expanded its extensive acoustic positioning product portfolio, which includes the established HiPAP system, with the launch of μPAP, a new compact and portable acoustic positioning system for operation from a surface vessel to track ROVs, tow fish, divers and any other subsea target at depths to 4,000m.

Peak Well Systems introduces V3-certified SIMPLUS Plug Systems
Sep 1, 2014
Peak Well Systems (Peak) has significantly expanded its product portfolio with the launch of its new SIMPLUS range of V3-Grade plugs certified to ISO14310. The portfolio employs an ISO-14310 Grade V3-rated SIMPLUS Retrievable Bridge Plug for well barrier applications in monobore wells, creating a reliable and high performance downhole seal.

More than 85.000 visited ONS 2014
Aug 29, 2014
ONS 2014 has exceeded our expectations, says President and CEO of ONS Leif Johan Sevland referring both to record high participation and the broad support on the event’s theme “Changes”.

Europe's energy security begins in the North Sea
Aug 28, 2014
Supply security in Europe has traditionally always begun on the continent’s own doorstep. Martin Bachmann, Member of the Board of Executive Directors of Wintershall responsible for Exploration and Production, firmly believes that this will remain so in future too. Speaking at the international exhibition Offshore Northern Seas (ONS)

Norway's undeveloped resources: The US$106 billion prize
Aug 27, 2014
At ONS 2014 Wood Mackenzie releases its latest upstream estimates revealing that Norway has 10 billion barrels of oil equivalent (boe) of discovered natural resources yet to be developed. Despite being at different stages of evaluation, facing intense investor scrutiny and considerable technical and commercial challenges,

Schlumberger launches industry-first photorealistic reservoir geology service
Aug 26, 2014
Schlumberger has launched the Quanta Geo photorealistic reservoir geology service at the Offshore Northern Seas Annual Conference and Exhibition.The new service includes the industry’s first microresistivity imager that produces oriented, photorealistic, core-like images of the

Reasons for Optimism in Offshore Norway and UK Sectors Despite Contract Declines, EIC Report Finds
Aug 25, 2014
Despite the mature status of the UK Continental Shelf (UKCS) and the Norwegian Continental Shelf (NCS), successful exploration drilling campaigns combined with redevelopment and enhanced recovery programmes means that more players than ever have converged on the North Sea in recent years, leading to renewed optimism about opportunities in the region.

Statoil and Wenaas enter into Northern Europe’s largest PPE contract
Aug 22, 2014
It has been announced that Statoil has entered into an agreement with Wenaas (Kwintet Norge AS), resulting in Northern Europe’s largest contract in the PPE and workwear sector. Statoil has been a customer of Wenaas for many years, utilising its products on a global scale in recognition of the high quality and Norwegian origin of the Wenaas product range.

Gas flows to millions in Thailand while pipeline repaired
Aug 21, 2014
Responsible for providing Thailand with 20 percent of its annual natural gas supply, PTT Exploration and Production Public Company Limited (PTTEP) works hard to make certain that natural gas production from the Bongkot and Erawan Production Platforms, located in the Gulf of Thailand, flow with little disruption.