Europe
News
May 14, 2024
In the more than two years since Russia invaded Ukraine, sending energy prices soaring, Norwegian oil and gas giant Equinor has quietly picked up the crown that once belonged to Russia’s Gazprom PJSC. Norway now supplies 30% of the bloc’s gas; Gazprom provided about 35% of all Europe’s gas before the war.
Article
April 2024
Ensuring energy security: A call to action for Europe's future
News
May 08, 2024
This year, the APA acreage will be expanded by a total of 37 bocks in the Barents Sea and the Norwegian Sea. Three of the additional blocks are in the northwest of the Norwegian Sea and 34 blocks are in the east of the Barents Sea.
News
May 07, 2024
SLB OneSubsea will deliver the subsea production system which will include two subsea trees, a two-slot template, an umbilical, and a control system. Subsea7 will install the subsea production system and design and install the flowline systems, spools, and protection measures, including rock installation.
News
May 06, 2024
The Eldfisk North Project comprises three 6-well subsea templates approximately 7 km from the Eldfisk Complex. The total resource potential is in the range of 50-90 MMboe, while total capital expenditure is estimated at almost $1.24 billion.
News
May 06, 2024
Optime Subsea's second-generation ROCS has gradually become the new industry standard for well completion operations. Because it has eliminated the need for the umbilical, which traditionally connects the surface to the seabed for controlling the tubing hanger in subsea well completions, and the associated topside hydraulic control unit.
News
May 03, 2024
The North Sea Transition Authority has announced the allocation of 31 new oil and gas licenses, marking a significant step towards reinforcing energy security in the UK, says Offshore Energies UK (OEUK).
News
May 02, 2024
ROVOP, a global supplier of ROV services to the energy sector, has announced that it has been acquired by Chouest. The deal will bring greater resources and subsea expertise to the Aberdeen headquartered business.
News
May 01, 2024
The 23-month contract, part of the Elgin-Franklin Flare Gas Recovery System Project, will redirect gas that would have previously been flared through a new compressor system offshore to be treated and then reused.
News
Norway to extend life of mature Brage oil and gas field in North Sea with new Bestla offshore tie-in
April 30, 2024
The offshore oil and gas field is estimated to hold about 24 MMboe and will be tied back to the Brage platform, which started production in 1993.
News
April 29, 2024
Currently, the duration of the testing program and commissioning plan for driving the ramp-up to 8.1 MMcmgd is expected to be prolonged by at least 1 month.
News
April 25, 2024
PBS has secured an extension to its General Maintenance and Operations Contract (GMOC) awarded by TotalEnergies in 2020 to cover its offshore assets in the North Sea.
News
April 23, 2024
Additionally, 7 of 8 sanctioned projects with start-up’s by end-2025 are more than 50% complete. Finally, it’s recent offshore oil discovery at Ringhorne North in the Balder Area is expected to contribute to the company’s overall production.
News
April 23, 2024
The combination will immediately create an enlarged and stronger combined group with 2024 production greater than 100,000 boed and the underlying potential to organically grow to 150,000 boed by the early 2030s.
News
April 22, 2024
Hanz was discovered in 1997. After the delivery of the Plan for Development and Operation (PDO) for the Ivar Aasen area, which included the Hanz development, the project matured an optimized development solution by re-using subsea production systems (SPS) from the Jette field. It is the first time that production equipment has been re-used in a new field development on the NCS.
News
April 17, 2024
The latest Ringhorne North exploration well in PL 956 was successful with estimated recoverable resources of between 13 and 23 MMbbl of oil.
News
April 16, 2024
Once completed, the N05-A Platform will be the first electrified gas production platform in the North Sea, which will run entirely on offshore renewable energy from the nearby Riffgat offshore wind farm.
News
April 11, 2024
BlueNord, on behalf of its partners in the Danish Underground Consortium, announced that gas processing and export from the Tyra Satellite Herald field on the Danish Continental Shelf has begun.
News
April 10, 2024
At the end of Q1 2024, Electromagnetic Geoservices had one vessel on charter, the Atlantic Guardian. The Atlantic Guardian was taken out of warm stack on Feb. 29, 2024, and began mobilization for a fully prefunded multi-client survey in the North Sea.
News
April 10, 2024
A subsidiary of Shelf Drilling (North Sea), Ltd. has secured a contract extension for the Shelf Drilling Barsk jack-up rig with Equinor for operations at the Gudrun field in the Norwegian Continental Shelf.
News
April 08, 2024
The field is expected to come on stream during the first half of 2027 and is anticipated to operate until 2031 with potential for extension. Plateau oil production is estimated at around 26,000 boed and is expected within the first year of production.
