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Wood Group secures FEED for Alexandroupolis LNG project in northern Greece

Wood Group has secured a new front end engineering design (FEED) contract with Gastrade S.A. for the Alexandroupolis Independent Natural Gas System (INGS) offshore Greece.

Petrofac sees higher bidding activity in core markets

British oilfield services company Petrofac Ltd on Tuesday said it expected an underlying net profit of $135-$145 million for the first-half of 2017 as higher bidding activity in its core markets led to a strong order book.

Statoil announces considerable spin-offs at Johan Castberg

Statoil has, on behalf of the licence partners, decided that the Johan Castberg operation will be supported by a supply and helicopter base in Hammerfest and an operations organization in Harstad. Recruitment of offshore personnel from Finnmark county is also prioritized.

Oseberg Vestflanken 2 platform, jacket set sail

At Heerema Zwijndrecht, one of the production locations of Heerema Fabrication Group (HFG), the topside for the Oseberg Vestflanken 2 Unmanned Wellhead Platform sailed out on Sunday, June 25. The jacket followed on Monday, June 26.

North Sea oil producer jumps on hopes new field will ease debt

EnQuest Plc climbed the most in three months in London trading on speculation borrowings will fall following the start of production at its Kraken oil field in the UK North Sea.

Abrado sets double-string section milling record on North Sea well

Abrado announced today that it has completed the first double-string section milled window in the North Sea utilizing the proprietary Medusa cutting technology.

First riser platform jacket for Johan Sverdrup complete

The riser platform (RP) jacket for the Johan Sverdrup development will be ready for delivery in July and was given the name Ægir at a ceremony held at Kvaerner’s yard at Verdal.

Ministry of Petroleum and Energy announces 24th licensing round

The Ministry of Petroleum and Energy (MPE) has announced the 24th licensing round. In this round, 102 blocks/parts of blocks will be announced, divided among nine in the Norwegian Sea and 93 in the Barents Sea.

UK set up for global gas fight as giant storage site shuts down

Already buffeted by political chaos at home and abroad, the UK gas market must now operate without its biggest stabilizing force: the giant Rough gas storage facility under the North Sea.

Expro secures $10-million well services contract extension from Apache North Sea

International oilfield services company Expro has secured a $10-million well services contract extension with Apache North Sea.

Aker BP drills dry well west of Volund field, North Sea

Aker BP ASA, operator of production licence 150 B, has completed the drilling of wildcat well 24/9-11 S.

Claxton awarded casing cutting, recovery combined services contract with southern North Sea operator

Claxton, a leading supplier of engineering and services for shallow-water, jackup-depth markets in subsea services company Acteon, has been awarded a contract to riglessly casing cut and recover a total of seven wells in the southern North Sea across two of the operator’s, normally unmanned, platforms, along with an additional subsea suspended well at one of the locations.

Aquaterra Energy wins multi-million-pound North Sea abandonment contract

Aquaterra Energy, a leading global offshore engineering solutions provider, has won a major contract to supply subsea high pressure riser (HPR) equipment and services for a subsea abandonment project in the central North Sea.

UK natural gas has worst week since 2012 as demand collapses

UK gas prices for immediate delivery posted the the biggest weekly decline in five years as works on a pipeline to mainland Europe damp demand for the fuel.

Condor Petroleum begins drilling Yakamoz-1 exploration well in Turkey

Condor Petroleum Inc., has announced that drilling has commenced on the Yakamoz-1 exploration well, which is located 2 km north of the Company’s 100% owned and operated Poyraz Ridge gas field in Turkey.

Germany, Austria tell U.S. not to interfere in EU energy sector

Germany and Austria condemned a proposed expansion of U.S. sanctions on Russia, saying the measures sought to bolster U.S. economic interests and included an unacceptable intervention in the region’s energy sector.

Maersk Oil North Sea UK receives OGA approval for interest in Scott, Telford fields

RockRose Energy has announced that the OGA has confirmed to RockRose that Maersk Oil North Sea UK Ltd will receive consent from the OGA for the assignment of their interest in licence P218.

Statoil awards EPC contract extention to TechnipFMC

TechnipFMC has been awarded an extension to its ongoing Engineering, Procurement and Construction (EPC) contract from Statoil in the Norwegian North Sea.

Rockhopper Exploration provides operational, corporate update

Rockhopper Exploration, the oil and gas company with key interests in the North Falkland basin and the Greater Mediterranean region, is pleased to provide the following operational and corporate update.

Sound Energy's Badile exploration well encounters significant gas shows in Italy

Sound Energy, the African and European focused upstream gas company, is pleased to provide an update on the drilling of the Badile exploration well, onshore Italy.