Western Europe ///
Orbital Gas Systems has been awarded contracts for integration natural gas analysis and metering infrastructure totaling $1.75 million, by a client operating several large-scale manufacturing plants throughout Europe.
From the rivers criss-crossing eastern Europe to the Mediterranean ports of Greece and France, everyone is hunting for energy supplies.
Cost cuts are painful, but for Norway’s oil industry, making every penny count has also yielded a surprising production windfall.
Faroe Petroleum has announced the commencement of the Eni-operated Boné exploration well, 7318/12-1, in the Barents Sea.
The Veolia and Peterson partnership has been awarded two platform decommissioning contracts for recycling at their facility in Great Yarmouth.
Maersk Drilling has taken delivery of its fourth XLE jackup rig, the Maersk Invincible, from Daewoo Shipbuilding and Marine Engineering in South Korea.
GEODynamics acquired Paradigm GeoKey’s Aberdeen, Scotland-based perforating business unit on Jan. 1, 2017. As a result of the transaction, GEODynamics has established a UK operating company. Chris Chalker, former managing director of Paradigm GeoKey, has joined the GEODynamics team as vice president, Eastern Hemisphere and will be based in Aberdeen to manage and grow GEODynamics’ business throughout the region.
Statoil plans to drill around 30 exploration wells in 2017, an increase of around 30% compared to 2016. More than half of the wells will be drilled on the Norwegian Continental Shelf (NCS).
Statoil has completed its acquisition of Wintershall’s 25% interest in the Byrding project on the Norwegian Continental Shelf. As a result, Statoil’s operated interest in Byrding (PL090B) has increased from 45% to 70%.
Maersk Oil is planning to halt production from Tyra field, Denmark’s largest gas field, during the fourth quarter of 2018.
Even billionaires make mistakes. In 2013, Kjell Inge Rokke criticized his oil company and its partners for awarding a contract for a platform deck at the Ivar Aasen field in Norway to a Singaporean company instead of one he part-owned, Kvaerner ASA.
Aker BP has reported first oil from Ivar Aasen field in the North Sea. The field has an expected economic life of 20 years, depending on oil prices and production development, the company said.
Aker BP ASA has concluded the drilling of wildcat well 18S and appraisal wells 18A, 18B and 18C, in the Norwegian North Sea, without establishing commercial production. The wells were drilled in 121 m of water, with the Maersk Interceptor drilling facility, 4 km south of the Frigg Gamma Delta oil discovery.
DEA has strengthened its position in Norway by acquiring participating interests in seven licenses in the Njord area of the Norwegian Sea, including a 20% increased interest in Njord field, from Engie E&P Norge.
Billionaire Kjell Inge Rokke’s Aker BP and two private equity-backed companies are in talks to buy stakes in oil fields off Norway from Exxon Mobil Corp. that are valued at about $1 billion, according to people with knowledge of the matter.
The man overseeing energy policy in western Europe’s biggest oil-producing nation says the worst downturn in the history of Norway’s offshore industry appears to have bottomed out as this month’s historic OPEC deal continues to reverberate across the globe.
Statoil’s Troll B field has produced 1 Bboe since it came on-stream September 1995. Troll fields, B and C combined, have been the largest oil producer on the Norwegian continental shelf (NCS) for the last three years.
AGR has been awarded a Frame Agreement with Wintershall Norge for delivering qualified technical manpower supporting Wintershall’s onshore and offshore teams.
Hurricane Energy discovered a “very significant” hydrocarbon column with its Lincoln well, about 60 miles West of Shetland, the company said Monday.
Charlotte Bishop, remote sensing projects manager, NPA Satellite Mapping, CGG, has been elected as chair of the Geological Remote Sensing Group (GRSG).