Tag Archive

BP Eastern Trough Area Project hub celebrates 20 years of production

BP Eastern Trough Area Project hub celebrates 20 years of production

July 18, 2018 No Comments

The Eastern Trough Area Project (ETAP) North Sea development, labelled by the Oil & Gas Authority (OGA) as the “poster child” for its Maximising Economic Recovery (MER UK) strategy, celebrates 20 years of production today, with the key hub expected to operate into the mid-late 2030s. ETAP, often regarded as one of the most ambitious […]

Transocean Announces 13-Well Contract

Transocean Announces 13-Well Contract

July 17, 2018 No Comments

Transocean Ltd. (NYSE:RIG) announced that the midwater semisubmersible Transocean 712 was awarded a 13-well contract (approximately 580 days) commencing in March 2019 in the U.K. North Sea with ConocoPhillips. The estimated firm contract backlog is approximately $75 million. Additionally, the contract includes a one-well option. Source / More : Transocean Oil and Gas News Undiluted […]

Maersk Drilling secures two contract extensions

Maersk Drilling secures two contract extensions

July 13, 2018 No Comments

Maersk Drilling has been awarded contract extensions for the high-efficiency jack-up rigs Maersk Resolute and Maersk Resolve by Petrogas E&P Netherlands B.V. and Wintershall Noordzee B.V., respectively. The extensions allow the two rigs to continue their high-performance operations in the North Sea. Maersk Resolute has been awarded a 56-day contract extension by Petrogas E&P Netherlands […]

Alfa Laval wins offshore Supply orders

Alfa Laval wins offshore Supply orders

June 20, 2018 No Comments

Alfa Laval – a world leader in heat transfer, centrifugal separation and fluid handling – has won an order to supply Framo pumping systems to an oil platform in the North Sea. The order has a value of approximately SEK 60 million. It is booked in the Pumping Systems unit of the Marine Division, with […]

New oil discovery at the Utsira High, North Sea

New oil discovery at the Utsira High, North Sea

June 8, 2018 No Comments

Equinor and partners Lundin and Spirit Energy have struck oil in the PL 167 licence at the Utsira High in the North Sea. The discovery is currently estimated to contain 15-35 million barrels of recoverable oil equivalent. “We are very pleased to announce the first Equinor discovery,” says Nicholas Ashton, Equinor’s senior vice president, Exploration, […]

Johan Sverdrup drilling topside sailaway

Johan Sverdrup drilling topside sailaway

May 31, 2018 No Comments

The Johan Sverdrup drilling topside is now sailing from the Aibel yard in Haugesund on its way to the North Sea. The topside is the first, and biggest, structure to be completed and 85-percent fully tested onshore before being installed offshore in a single lift. The 147-metre Johan Sverdrup drilling platform has been a highly […]

Successful C-Kore deployment for Bibby Offshore

Successful C-Kore deployment for Bibby Offshore

May 23, 2018 No Comments

C-Kore Systems has recently deployed their subsea testing tools units with Bibby Offshore for work on a field located in the North Sea. The use of the C-Kore’s units generated significant time savings, compared to previous testing performed from the platform. The C-Kore Cable Monitor units are used on both commissioning and fault-finding campaigns to […]

Sembcorp Marine’s Floating Storage and Offloading vessel with a 40-year hull lifespan

Sembcorp Marine’s Floating Storage and Offloading vessel with a 40-year hull lifespan

May 9, 2018 No Comments

FSO Ailsa, the world’s first Floating Storage and Offloading (FSO) vessel with a 40-year hull lifespan, will set sail next month for the Culzean gas field in the UK North Sea. Newly completed at the Sembcorp Marine Tuas Boulevard Yard for MODEC, a leading specialist of offshore oil and gas floating production systems, and with […]

BP delivers strong 1Q profit

BP delivers strong 1Q profit

May 9, 2018 No Comments

Underlying replacement cost profit* for the first quarter of 2018 was $2.6 billion, compared with $1.5 billion for the same period in 2017, a rise of 71%. Operating cash flow excluding Gulf of Mexico oil spill payments* in the quarter was $5.4 billion including a $1.8 billion negative impact from an increase in working capital […]

Statoil award contract in excess of one billion NOK for IMR services

Statoil award contract in excess of one billion NOK for IMR services

May 9, 2018 No Comments

Statoil is awarding Subsea 7 Norway AS a five-year contract for IMR services to be carried out by the Seven Viking vessel for subsea operations on the Norwegian continental shelf (NCS). Subsea 7 will provide inspection, maintenance and repair (IMR) services for Statoil’s 560 subsea wells on the NCS. The service includes onshore project planning […]

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