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Industry reluctance to adopt new subsea technology tied to risk, says BP/SUT expert

In an MCEDD presentation on Wednesday, a recognized subsea expert said that the reluctance of operators to adopt new technology in the sector is tied to risk.

Subsea 7 awarded sizeable EPCI contract from BP

Subsea 7 S.A. has announced the award of a sizeable contract by BP, for the provision of EPCI flowline supply and subsea installation services for the Alligin subsea development project, located approximately 140 km west of the Shetland Islands.

TGS announces further expansion of Atlantic Margin multi-client program

TGS announces an expansion of its Atlantic Margin multi-client program in the Norwegian Sea. The new AM18 3D Extension, will comprise 5,135 km² of 3D seismic data and covers a variety of play models with stratigraphic and structural traps in Paleocene and Cretaceous turbidite/fan deposits.

PDO approved for Fenja field in the Norwegian Sea

Faroe Petroleum, the independent oil and gas Company focusing principally on exploration, appraisal and production opportunities in Norway and the UK, has announced that the Norwegian Minister of Petroleum and Energy has approved the plan for the development and operation (PDO) of Fenja field.

Faroe Petroleum reports preliminary results of Fogelberg appraisal well

Faroe Petroleum has provided an update with preliminary results of the Fogelberg appraisal well in the Norwegian Sea (Faroe 15%).

MCEDD gets underway with Eni keynote, operator panel session

The premier deepwater conference kicked off with a speech by EniProgetti CEO Luciano Vasques that outlined the challenges facing operators and service companies in the deepwater offshore market.

Lundin Norway begins drilling for extended well testing of Alta discovery

Lundin Petroleum AB has announced that its wholly owned subsidiary Lundin Norway AS has commenced drilling well 7220/11-5 on the Alta discovery in PL609 in the southern Barents Sea. Following drilling, the well will be used for extended well testing.

Summer of LNG starts with a bang in UK as U.S. ramps up

The start of spring has heralded the return of liquefied natural gas to the UK.

OMV strikes gas northwest of Morvin field in the Norwegian Sea

OMV (Norway) AS, operator of production licences 644 and 644 B, is in the process of completing the drilling of wildcat well 6506/11-10 in PL 644 B. The well was drilled about 5 km northwest of Morvin field in the central part of the Norwegian Sea and 245 km northwest of Kristiansund.

Statoil's Askeladden jackup seeking its fortune at Gullfaks field

The new Cat J jackup rig Askeladden started drilling at Gullfaks field on March 26, with the goal of providing new production from old wells and exploring to create new value.

Aker Solutions, Kvaerner secure letter of intent for Johan Sverdrup Phase II work

Aker Solutions and Kvaerner together secured a letter of intent for modifications of the riser platform and field center of the Statoil-operated Johan Sverdrup development, Norway's largest oil find in more than three decades.

Merkel coalition claps back at Trump's attack on gas pipeline

Germany’s governing coalition pushed back against President Donald Trump’s criticism of a gas pipeline with Russia, widening trans-Atlantic tension beyond conflicts over trade and security.

OKEA announces approval of revised PDO for Repsol's Yme field

OKEA, the Seacrest Capital-backed oil and gas development company focused on the Norwegian Continental Shelf, has announced that approval was received for the revised development plan for the Yme field by Norway’s Ministry of Petroleum and Energy.

Faroe Petroleum reports significant shows at Hades, Iris prospects

Faroe Petroleum, the independent oil and gas Company focusing principally on exploration, appraisal and production opportunities in Norway and the UK, is pleased to announce significant discoveries in both the Hades and Iris prospects in licence PL 644 B (Faroe 20%), in the Norwegian Sea.

Statoil awards new drilling contracts worth NOK 12 billion

Statoil has awarded drilling contracts to Archer, KCA Deutag and Odfjell Drilling for drilling, completion, intervention services, plugging, maintenance and modifications on 18 of Statoil’s fixed platforms.

Total partnership to deploy world's first autonomous offshore robot

Robots could soon be working autonomously alongside humans on a North Sea platform as part of a world-first project from the Oil & Gas Technology Centre, Total E&P (Total) and taurob, in partnership with Technische Universitaet Darmstadt (TU Darmstadt).

Apache announces significant discovery at Garten prospect

Apache Corporation has announced a significant oil discovery on Block 9/18a Area-W in the United Kingdom sector of the North Sea. Garten is located 6 km south of the Beryl Alpha Platform.

Dutch to close EU's biggest gas field to limit tremors

Fifty-five years after starting natural gas production from Europe’s biggest field, the Netherlands have signed its death warrant.

European majors join race for Mexico oil bonanza in Gulf waters

European oil majors are swarming the shallow-waters of the Gulf of Mexico as the country races to attract investment before an election.

Hunting signs collaboration agreement with Titan Oil Recovery, Inc.

Hunting PLC, international energy services company, announced that it has signed a collaboration agreement with U.S.-based enhanced oil recovery company (EOR), Titan Oil Recovery, Inc.