Further Increasing Johan Sverdrup ValueFeb 7, 2018Statoil and partners have further increased the value of the Johan Sverdrup field as a result of continued high quality in project execution, good drilling efficiency and further maturation of the resource base.
Faroe Commences Fogelberg Appraisal WellFeb 6, 2018Faroe Petroleum has announced the commencement of the Fogelberg appraisal well and contingent sidetrack 6506/9 – 4A and 4S in the Norwegian North Sea (Faroe 28.3%).
North Sea Exploration Success for BPFeb 1, 2018BP has announced two new exploration discoveries in the North Sea. The discoveries are Capercaillie, in Block 29/4e in the Central North Sea, and Achmelvich, in Block 206/9b west of Shetland.
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Spot News
DNV GL Oil & Gas to expand footprint in West NorwayApr 16, 2014DNV GL is relocating its oil & gas head office in Norway from Høvik to Stavanger in order to be even closer to its customers. Local delivery capacity will be expanded in Stavanger and Bergen and operations will continue in Høvik,
FoundOcean wins multiple contracts to secure the Solan oil field foundationsApr 15, 2014FoundOcean has secured two contract awards, on the Solan oil field development to the west of the Shetlands in the North Sea, with Heerema Marine Contractors and Bibby Offshore. The contracts cover the structural grouting for the 8,000-tonne Solan platform
Bibby Bergen wins Charter with Kvaerner StordApr 14, 2014Bibby Maritime have confirmed that Bibby Bergen will be moving to Kvaerner Stord’s yard in Norway to start a four month charter, commencing 30th April 2014.
Seadrill reduces stake in SapuraKencana Petroleum BhdApr 11, 2014Seadrill Limited has sold 230 million shares of SapuraKencana raising approximately US$300 million in proceeds. The total economic gain realized from this sale is approximately US$165 million.
Tracerco announce a live demonstration of discovery™ at NASA during OTCApr 10, 2014Tracerco, part of the FTSE100, Johnson Matthey Plc, is holding a live demonstration of the brand new version of DiscoveryTM, developed for ultra-deep-water applications, on May 7th and 8th at
AGR wins frame agreement with Premier OilApr 9, 2014AGR has been assigned by Premier Oil to deliver a range of services within the Norwegian Continental Shelf (NCS). The contract period is for five years plus additional three years.
Hydrasun invests to support subsea intervention operationsApr 8, 2014Aberdeen-based Hydrasun has invested more than £600,000 in new specialist equipment and inventory, for the completion of High Pressure long length specialist Hose Assemblies for subsea intervention operations.
FoundOcean completes grouting at Nordsee OstApr 7, 2014On Friday 14th March 2014, it was confirmed that FoundOcean had completed grouting operations on the 48th turbine, of RWE Innogy’s 295 MW capacity Nordsee Ost Offshore Wind Farm.
Fugro EMU appointed to undertake an environmental impact assessment of Aberdeen HarbourApr 4, 2014Fugro EMU, with support from the Waterman Group, has been appointed to undertake a full Environmental Impact Assessment (EIA) and prepare an Environmental Statement (ES) in relation to the expansion of Aberdeen Harbour.
BP Bulwer Island Refinery Processing To Halt In 2015Apr 3, 2014BP intends to halt refining operations at its 102,000 barrels per day (bpd) Bulwer Island refinery in Brisbane, Queensland by mid-2015. Andy Holmes, President of BP Australasia, said that the growth of very large refineries in the Asia-Pacific region
GE and PETRONAS sign new Global Frame AgreementApr 2, 2014GE has signed a new seven-year Global Frame Agreement with PETRONAS, Malaysia’s oil and gas corporation. The agreement, which includes an option to renew for a further three years, calls for GE to supply
Wärtsilä Exhaust Gas Cleaning Systems selected for ten new vessels being built by HHIApr 1, 2014Wärtsilä has received a number of new orders for its exhaust gas cleaning systems. In March 2014, Solvang ASA of Norway confirmed the option for Wärtsilä Open Loop Scrubber Systems to be installed aboard another of its LGC (Large Gas Carrier) vessels.
DNV GL increases ownership stake in StormGeoMar 31, 2014DNV GL increases ownership stake in StormGeo, a global provider of weather-based decision support services. Private equity group Reiten and TV2 have sold majority shares to EQT Mid Market.
New machining solution from HydratightMar 28, 2014Joint integrity specialist Hydratight has added the 2250P boring bar capable of covering a range of 2.5in. to 24in. diameter and lengths of up to 12ft., to its range of boring bar tools. Many of the design and performance elements of the 2250P have been inspired by the larger capacity field
First Subsea pipeline contingency tool for lchthys LNG ProjectMar 27, 2014First Subsea Ltd has been awarded a contract by Saipem Portugal Comercio Maritomo Sociedade Unipresso Lda to supply a 42” PRT (pipeline recovery tool) for the Gas Export Pipeline on the Ichthys LNG Project.
Maersk Drilling names the world’s largest jack-up rigMar 26, 2014In a ceremony held at the Keppel FELS shipyard in Singapore, Karen Tiffen, wife of Martin Tiffen, Managing Director of Total E&P Norge AS, had the honour of naming the ultra harsh environment jack-up rig Maersk
Technip in the UK awarded Top Employer certificationMar 25, 2014Technip in the UK has once again been named as one of ‘Britain’s Top Employers’ at a ceremony in London. The Top Employers Institute, previously known as the CRF Institute, presented the prestigious award to the
Hydrasun Wins Great Large Company at Prestigious Industry AwardsMar 24, 2014Aberdeen-headquartered Hydrasun named Great Large Company at the Offshore Achievement Awards (OAA) ceremony held at the Aberdeen Exhibition and Conference Centre (AECC). Hydrasun was awarded the coveted “Great Large Company Award”,
Kongsberg Celebrates Its 200th Year Anniversary TodayMar 21, 2014Established on 20th March 1814, the Kongsberg Group (KOG), a leading Norwegian technology company, celebrates 200 years in business today. The company can boast the longest industrial history in Norway, with continuous operations since its foundation.
Fugro specialists at OTC Asia to support offshore exploration and productionMar 20, 2014Fugro’s long-established presence in the Asia Pacific region will be reflected on its exhibition stand at this month’s OTC Asia event. Providing people, equipment and technology for all elements of the offshore
Wärtsilä to retrofit two UK ferries with its new AQUARIUS READY ballast water management system solutionMar 19, 2014The Wärtsilä AQUARIUS READY solution is a phased process that enables cost savings and installation flexibility for ship owners preparing their vessels for ballast water treatment regulatory compliance.
VARD signs contract with DOF Subsea and Technip for four Pipe Lay Support VesselsMar 18, 2014VARD has signed new contracts with joint ventures of DOF Subsea and Technip for the design and construction of four Pipe Lay Support Vessels (PLSVs). The contracts constitute the largest order in VARD’s history,
DNV GL launches global, risk-based shale development verification serviceMar 17, 2014DNV GL announced the launch of a comprehensive, tailor-made independent verification service based on the provisions of its Recommended Practice for Risk Management of Shale Gas Developments and Operations
Petrobras confirms deep-water discovery in Potiguar BasinMar 14, 2014Petrobras has completed drilling wildcat well 1-BRSA-1205-RNS (1-RNS-158), located in deep-waters of the Potiguar Basin. The results confirm the discovery of intermediate oil (24º API), as previously announced to the market on December 17, 2013.
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