Scottish Government told to ‘get off the fence’ over Cambo oilfield
The Scottish Government has been urged to stop ‘sitting on the fence’ over the controversial Cambo oilfield near Shetland.
oilfield
Greenpeace takes UK Government, BP and Ithaca to court over North Sea oilfield
Greenpeace is launching a court challenge against the UK Government, Ithaca Energy and BP over permits for a North Sea oilfield.
RMEC plunges into the red
RMEC plunged into the red in a dramatic £1.8 million turnaround in its fortunes last year.
Schlumberger joins Halliburton in calling bottom of oil downturn
The world’s two largest providers of oilfield drilling and fracking services have now declared that the worst may be over in the two-year-old oil market crash.
DOF Subsea wins $60million upgrade work on Maari FPSO
OMV has awarded DOF Subsea a contract to complete a mooring upgrade on its FPSO (Floating, Storage, Offloading and Production) vessel in the Maari oilfield. The upgrade work at the Maari system, off New Zealand is expected to cost around $60million in total. It is expected to be carried out between February and April next year and will help future proof the mooring system for the next decade.
California shuts down more oilfield wells
The US State of California has shut down 33 oilfield wells which were allegedly improperly permitted to inject into federally protected water supplies. The move was put into effect late last week affecting oilfield injection wells in the state’s Kern County.
Planned Buzzard shutdown pushed back one month
A planned shutdown of the Buzzard oilfield in the North Sea is likely to be rescheduled for November. The move would boost next month's supply of crude which helps underpin the Brent benchmark. The shutdown had originally been planned for next month instead.
Full speed ahead for Hurricane’s Lancaster plans
Hurricane Energy is cracking on with plans to extract oil from 4,000 feet beneath the seabed after its North Sea Lancaster asset was officially designated as an oilfield. The Surrey-based company was founded in 2005 by chief executive Robert Trice to discover and develop oil from naturally fractured “basement” reservoirs in rock that was formed more than 2billion years ago. It has just achieved official oilfield status for Lancaster, located west of Shetland, from the Oil and Gas Authority (OGA).
OGA awards Hurricane Energy oil field status for Lancaster site
The Oil and Gas Authority (OGA) has granted Hurricane Energy’s request for a field determination area for Lancaster. The company has been awarded the oil field status as oil field number 572 which Hurricane says is the first step in progressing the submission of the Lancaster early production system (EPS) field development plan (FDP).