E.ON wildcat well comes up dry
E.ON has completed a wildcat well near the Skarv field and confirmed it is a dry hole.
North Sea
Focus on cost cutting can help Norway through $50 oil crisis
Norway's hard pressed oil and gas sector can weather the storm created by $50 oil, if the industry continues to work towards reducing costs and adapts to the new price levels.
Oil and Gas UK launches regional briefings for Economic Report
Industry body Oil and Gas UK is hosting a series of regional briefing sessions to discuss the findings of its 2015 Economic Report.
Montrose highlights offshore decommissioning capabilities
A £15million investment at Montrose harbour will help it compete for lucrative offshore oil and gas decommissioning work in years to come, according to the port's operator.
Lundin completes successful appraisal well in Norwegian North Sea
Lundin has successfully completed the drilling and logging of an appraisal well in the Edvard Grieg field in the Norwegian North Sea.
Pilots’ union says oil and gas industry is “haemorrhaging talent”
The UK oil and gas industry risks losing a generation of skilled fliers if action is not taken to halt job losses.
CHC to consult staff over 50 North Sea job losses
CHC Helicopter has entered into a consultation process with staff over job losses as it looks to streamline costs. The company said a number of positions are likely to be affected including pilots, engineering and support staff. The news comes after Bristow announced it was in consultation over job reductions.
Industry body says UKCS production could be on the rise
Industry body Oil and Gas UK said production is set to rise for the first time in 15 years, according to provisional figures.
New OGUK guidelines aim to improve rig shutdown performance
New guidelines to improve efficiency and reliability during planned maintenance shutdowns of offshore installations has been launched by industry trade body Oil & Gas UK.
UK oil and gas firms still “fragile” about industry
Oil & Gas UK's Business Sentiment Index for the second quarter of 2015 published today shows that industry remains fragile but that companies’ outlook is improving.
WGP Group completes Statoil survey ahead of time
Marine geophysical services specialist WGP has completed its spring/summer program of reservoir monitoring operations for Statoil's Snorre and Grane fields ahead of schedule.
Maersk Drilling agrees $142million rig extension
Maersk Drilling has been awarded a $14 million 16-month contract extension for the jackup rig Mærsk Innovator with ConocoPhillips Norway.
New rapid response drone service for North Sea
A new rapid response drone service that can monitor and inspect offshore installations in the North Sea has been launched in Aberdeen.
Oil and Gas UK updates well abandonment guidelines
New guidelines have been set by Oil and Gas UK for well abandonment in a bid to increase cross-industry understanding of issues surrounding the process. The industry body has made the move in a bid to continue improving safety and performance across the UKCS (UK Continental Shelf). The first guidelines were set just over 20 years ago with input from member companies and stakeholders.
Cluff Natural Resources agrees deal with Halliburton for North Sea assets
Investment company Cluff Natural Resources (CLNR) has agreed a deal with oilfield services giant Halliburton to deliver and accelerate development of its Southern North Sea gas and underground coal-gasification (UCG) assets in the UK.
Oil and Gas UK honoured for offshore safety help
Industry body Oil & Gas UK has been hailed for helping improve safety and efficiency offshore.
ADIL nets £500,000 of contracts
Energy consultancy ADIL’s operations and improvements team has won contracts worth nearly £500,000 in the last quarter.
Permasense opens new Aberdeen office
Monitoring specialist Permasense has opened a new Aberdeen office, despite the recent market downturn.
Odfjell Tankers boss steps down
The boss of Odfjell Tankers, Morten Nystad is standing down after 35 years in the chief role.
Nordic Energy parts company with founding CEO
Nordic Energy has announced that founder and chief executive Rudolf Kleiber has left the company with immediate effect.
Kvaerner win additional work for Shell at gas plant
Shell in Norway has awarded Kvaerner a project to harmonise the power supply interaction between the Nyhamna gas plant and the national grid.
Craig Group adds new rescue vessel to fleet
The head of Aberdeen-based Craig Group yesterday swatted away any suggestions the firm may be experiencing buyer’s remorse after its shipping division added a new vessel to its fleet. A number of North Sea oil and gas companies have been forced to the wall this year after their ambitious spending plans failed to reap rewards as orders tailed off amid the oil price slump. But Craig Group’s boss said its outlay on emergency response and recovery vessels would safeguard hundreds of jobs at the privately owned, family-run shipping and energy services company.
Exova extends with Maersk Oil
Testing and calibration specialist Exova has been awarded a contract to provide materials qualification testing for Maersk Oil.
Energy giant Technip to cut 6,000 jobs
French oil industry engineering and construction group Technip will cut 6,000 jobs and book a 650 million euro ($719 million) restructuring charge as it steps up cost-cutting.
Tenaris win Statoil Mariner contract
Tenaris has netted a contract to work on Statoil’s massive Mariner project in the North Sea which will lead to the creation of up to 20 jobs in Aberdeen. The tubing and casing manufacturer will provide connections as well as associated services from its UK base in Aberdeen. Last month, Statoil awarded Baker Hughes a contract for production chemicals and services for the Mariner field.