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Petrofac secures contract extension for North Sea’s Cygnus field

Petrofac is to build on its provision of integrated support services on Cygnus gas field following the award of a four and a half-year contract extension.

N-Sea, University of Strathclyde collaborate on subsea inspection

Integrated subsea service provider, N-Sea, and the University of Strathclyde’s Institute of Sensors Signals and Communications at the Department of Electronic and Electrical Engineering, have secured substantial funding from the Data Lab Innovation Centre for an innovative research project to automate subsea pipeline inspection.

OPEC deal seen helping Norway oil investment as soon as 2017

Faroe Petroleum completes acquisition of Norwegian production assets

Faroe Petroleum, the independent oil and gas company focusing principally on exploration, appraisal and production opportunities in Norway and the UK, has announced that it has completed the previously announced acquisition of interests in five Norwegian North Sea producing oil and gas fields, Ula (20%), Tambar (45%), Tambar East Unit (37.8%), Oselvar (55%) and Trym (50%) from DONG E&P Norge AS.

OGA offers additional blocks offshore the UK

Companies can now apply for new licences to drill for offshore oil and gas in a number of blocks in the Offshore 2016 Supplementary Round.

Bibby Offshore wins North Sea contract with Shell

Bibby Offshore has secured a significant contract with Shell. The campaign, which is due to commence in first-quarter 2017, will see Bibby provide engineering and subsea construction activities in Gannet G field in the Central North Sea.

Petrofac completes world’s largest scale squeeze operation in North Sea

Petrofac’s Anasuria operations team has completed the largest scale squeeze operation in the world. More than 50,000 bbl of treatment were injected into the Teal well—within the Anasuria cluster in the North Sea—to dissolve and remove scale that had formed in the well and production tubing.

Shell to start feeling Norway heat on Ormen Lange gas project

Norway expects Royal Dutch Shell Plc to go forward with a shelved project to boost recovery of natural gas at the Ormen Lange field, and warned it will start pushing the company for progress from next year.

Aker BP awards new frame agreement to DNV GL

Aker BP, one of Europe’s largest independent oil companies, has awarded a new frame agreement to DNV GL, covering a wide range of safety, verification, inspection and classification services across its installations on the Norwegian Continental Shelf.

Centrica submits development plan for North Sea’s Oda field

Centrica has submitted the Plan for Development and Operation (PDO) for Oda field to Norway’s Ministry of Petroleum and Energy. Centrica and its partners will invest about NOK 5.4 billion in the development of Oda field, which is scheduled to start production in 2019.

Aibel awarded contract for Statoil’s Troll C platform

Aibel has been awarded a FEED study for the installation of a new gas module on Statoil’s Troll C platform. The contract also has an option for the implementation phase.

KCA Deutag secures North Sea drilling contracts

KCA Deutag has been awarded a three-year contract extension by a major North Sea operator for drilling on four platforms in the UK North Sea.

Energy job losses continue but optimism rises, report finds

There has been no slowing in the job losses in the oil and gas industry this year, and there are further cuts to come, but the crisis could be reaching a turning point, according to a new industry report.

Hurricane Energy signs agreement for use of FPSO at Lancaster field

Hurricane Energy has announced that it has signed Heads of Terms with Bluewater Energy Services (BES) for the use of the Aoka Mizu Floating Production Storage and Offloading Vessel (FPSO) on the Company's Lancaster field, West of Shetland.

Maersk Supply Service secures new decommissioning contract

As a result of efficient project management and strong synergies with partners on the Janice decommissioning project, Maersk Supply Service has secured a second contract with Maersk Oil UK for the Leadon subsea decommissioning in autumn 2017.

BP acquires interests in two North Sea exploration prospects

BP has acquired interests in two exploration prospects, Jock Scott and Craster, in the North Sea.

Technip, FMC Technologies receive EU antitrust clearance

FMC Technologies and Technip have announced that the pending combination between the companies has received a clearance decision from the European Commission under Council Regulation (EC) No 139/2004.

North Sea oil glut to get short-term relief as flows go east

A glut of North Sea oil that’s helped depress global prices and heap pressure on OPEC is poised for short-term relief after traders booked tankers to take as much as half of the region’s key oil flow to Asia.

Norwegian producers deepen record spending cuts amid rout

Oil and gas companies in Norway cut spending forecasts for 2017, deepening what was already a record reduction in offshore investment.

Engie E&P Norge extends contract with AGR

AGR has successfully secured a two year extension to a frame agreement to provide personnel services to Engie E&P Norge.