Norway starts 22nd Round
The Norwegian Ministry of Petroleum and Energy has kicked off the 22nd Licensing Round on the Norwegian Continental Shelf with an offer of 86 blocks and part blocks, 14 in the Norwegian Sea and 72 in the Barents Sea.
The Norwegian Ministry of Petroleum and Energy has kicked off the 22nd Licensing Round on the Norwegian Continental Shelf with an offer of 86 blocks and part blocks, 14 in the Norwegian Sea and 72 in the Barents Sea.
The Norwegian Petroleum Directorate (NPD) has granted Statoil Petroleum a drilling permit for a wildcat exploration well to be drilled using the Ocean Vanguard semi-submersible in the Norwegian sector of the North Sea, block 16/2,
ConocoPhillips UK has started work installing its new platform for the southern North Sea Katy development.
Seadrill subsidiary North Atlantic Drilling has received a letter of intent from ExxonMobil for the hire of its harsh environment semisubmersible drilling rig West Alpha for a further two years. The contract is expected to yield revenues of $410million. The package is due to kick-in during Q3 of 2014, in direct continuation of the next assignment for West Alpha on the Balder field in the Norwegian North Sea.
Norway's Petroleum Safety Authority has found Maersk Drilling's Norwegian business unit to be deficient in risk management and emergency preparedness with regard to its jack-up rig Maersk Inspirer.
Norwegian group AGR has signed up to a master well services contract with Chevron USA for provision of dual gradient drilling (DGD) offshore operations in the deepwater sector of the US Gulf of Mexico.
SBM Offshore has received a letter of interim award from Shell for the supply, lease, and operation of a floating production, storage, and offloading vessel (FPSO) for the Fram field in the UK sector of the North Sea ... blocks 29/3c, 298a (P012), 29/9c, and 29/4c (P1664).
Offshore construction firm McNulty's site on the Tyne in South Shields has been bought from administrators by the Port of Tyne, which said it would continue to be used in the offshore sector.
Marathon Oil has awarded Technip an engineering, procurement, installation, and commissioning contract, worth some $381.5million, for the Boyla subsea field development in the Norwegian sector of the North Sea.
Dong Energy has acquired Norwegian oil company Front Exploration. The acquisition includes office buildings, seven oil and gas licenses - including in the Barents Sea, and 20 employees.
Total has signed a production sharing contract with the Kenyan government for 100% interest and operation of a deepwater exploration block offshore the Lamu Archipelago in waters ranging 2,000-3,500m depth.
Global plant, lifting and tool-rental specialist ATR Group said yesterday it had made its first acquisition since completing a £20million-plus equity and debt financing deal.
Design and engineering business PD&MS Energy said yesterday it had appointed its first operations director.
Energy service business Wood Group said yesterday it expected to deliver growth this year but the unit it created after buying PSN still faced delays on a major Middle East project.
Offshore survey specialist Utec officially opened its new regional headquarters in Aberdeen yesterday after a near £1million investment.
Aberdeen-based oil explorer Faroe Petroleum said today its Clapton well off Norway would be plugged and abandoned after disappointing results.
Irish oil and gas explorer Providence Resources said today it is suspending work on a development well on its UK onshore Singleton oil field after hitting technical issues.
A controversial method of extracting oil and gas can be managed effectively in the UK with the right regulation, according to two engineering bodies.
Scotland generated record levels of electricity from renewables in 2011 - nearly double the amount in 2006 - according to figures released today.
The owners of Aberdeen company Expro are unlikely to be in any hurry to get rid of it, one of its bosses said yesterday.
Oil and gas engineering consultant Magma Products said yesterday it had landed North Sea projects with a potential value of £15million.
Leaner, meaner technology and common global practices are crucial for the future sustainability of the subsea industry, according to one north-east boss.
The role of natural gas in the UK's energy mix is the focus of an Oil and Gas UK breakfast briefing in London on Thursday, July 12.
French utility GDF Suez's exploration and production arm is to build its first production hub as an operator in the North Sea after getting the go-ahead from regulators today.
A director at ITF, the industry technology facilitator for the global oil and gas business, has stepped down after more than five years with the organisation.