Europe

Europe

Hydrasun on track for continued progress, CEO says

Energy service firm Hydrasun Limited reported a healthy order book and “strong pipeline of new opportunities” in its latest annual accounts. The Aberdeen company - part of Hydrasun Group - achieved a small rise in profits to just under £17million, from £16.2million a year earlier, during the 12 months to March 31. Turnover increased by more than £20million to £120.9million.

Europe

Enegi Oil wins North Sea production licence

07/11/2014

Enegi Oil has been awarded a production licence in the UK Central North Sea in the 28th round of licensing. The block, 21/28b, was awarded by the Department of Energy and Climate change. It contains two known discoveries named Crinan and Dandy, which lie adjacent to the Fyne Project area in water depths of 89m.

Europe

Fracking opponents go to high court

06/11/2014

Residents fighting against fracking in their village take their case to the High Court today. They are objecting to planning permission which has been granted for further works to be undertaken at Lower Stumble in Balcombe, West Sussex. Lawyers representing the Frack Free Balcombe Residents Association (FFBRA) claim the decision by West Sussex County Council to grant permission to energy firm Cuadrilla was “unlawful”. Law firm Leigh Day says the company, which previously had permission to frack for oil and gas at the site, has been given the go-ahead to return. It said: “According to the latest application, permission was sought for exploration and appraisal of the recently drilled ’hydrocarbon lateral borehole’ together with a new 46ft (14m) high flare on the site.” Planning permission was granted “despite massive objection to the development”.

Europe

Fighting for a North Sea future that should be great

“If you look at the assets that we’ve held the longest, like Thistle, the Dons where we have the (FPSO) Northern Producer, and Heather, we’re having a very good year,” says Enquest’s North Sea president, Neil McCulloch. “We’re doing well on the regulatory side of things too; had inspections around our facilities this year . . . some of the oldest in the North Sea. “While you never get an entirely clean bill of health, we’ve done very well with no prohibition notices, no improvement notices; just some support for the way we go about our business. It’s about doing simple things very well, repeatedly. And that’s a core value at Enquest.

Europe

North Sea collaboration could cut carbon emissions

29/10/2014

Collaboration by North Sea states will help tackle Europe’s carbon emissions, an international gathering of CCS (Carbon Capture and Storage) emission experts will hear. The SCCS (Scottish Carbon and Capture Storage) annual conference will tell politicians, industry experts and academics that the combined efforts of the industry could see hundreds of years’ worth of Europe’s carbon emissions stored.

Europe

Total sells Norwegian assets

28/10/2014

Total has agreed to sell off its interests in a number of Norwegian assets for $317million. An agreement has been signed by Total E&P Norge AS to sell off 8% of its shares in the Gina Krog field, together with its interests in the mature fields of Vilje and Vale at 24.23% and 6% share in Morvin to PGNiG Upstream International.

Europe

Al Shaheen win for Aberdeen company

28/10/2014

Aberdeen-based PIM (Plant Integrity Management) has landed a contract from Maersk Oil Qatar for its PSV (Pressure Safety Valve) software in the Al Shaheen field. The company has helped deliver PSV management and consultancy systems on 33 platforms in the region.

Europe

Maersk Drilling wins contract for drillship

28/10/2014

Maersk Drilling has secured a short-term charter contract with Total for a third drillship which was delivered from a shipyard in South Korea last month. The Maersk Venturer will commence the one well programme offshore in Malaysia for 45 days, beginning in December.

Europe

Video: GDF Suez opens new Aberdeen headquarters

27/10/2014

GDF Suez has opened its new flagship Aberdeen office with the announcement of a £20,000 investment in art projects within the North-east. The company’s new offices have opened less than a week after it made a joint announcement with BP regarding the latest discovery in the North Sea.

Europe

Bristow launches new scholarship programme

27/10/2014

The commercial helicopter sector continues to throw open its doors to new recruits and apprentices to the oil and gas industry. Energy Graduate takes a look at one company which is helping lead the way.