Europe ///

Rockhopper Exploration, Diamond Offshore sign Letter of Intent for Sea Lion Phase 1

Rockhopper Exploration plc, the oil and gas company with key interests in the North Falkland basin and the Greater Mediterranean region, is pleased to provide the following update relating to Sea Lion Phase 1, in the North Falkland basin (RKH 40% working interest).

Faroe Petroleum commences drilling of Fogelberg appraisal well

Faroe Petroleum, the independent oil and gas company focusing principally on exploration, appraisal and production opportunities in Norway, the UK and Atlantic Margin, is pleased to announce the commencement of the Fogelberg appraisal well and contingent sidetrack 6506/9-4S &4A in the Norwegian North Sea (Faroe 28.3%).

One of the oldest oil fortunes weighs fossil fuel exit

The guardian of one of the world’s first oil fortunes, made by striking exploration deals across the Middle East a century ago, said it’s holding talks about the sale of its investments in fossil fuels.

Statoil contracts West Hercules semisubmersible for exploration drilling in the Barents Sea

The West Hercules semisubmersible rig has been contracted for drilling two exploration wells in the Barents Sea in 2018, and options to drill another five exploration wells.

Dutch suggest 44% cut to output at EU's biggest gas field

The Dutch mining regulator recommended cutting production at Europe’s biggest natural gas field by 44% to prevent earthquakes in the north of the country, a move that caused prices for the commodity to jump the most in six weeks.

BP exploration discoveries mark positive start for North Sea in 2018

Oil & Gas UK says two new exploration discoveries in the North Sea by a super-major mark a more positive start to the year for the UK’s offshore industry.

Western Europe's biggest oil producer is getting another fix

A rally in the price of black gold is giving Norway another fix.

Trelleborg contributes to floatover of topside for world’s largest FPSO spar platform

Floatover equipment from Trelleborg’s engineered products operation has contributed to the successful mating of Statoil’s landmark Aasta Hansteen gas field project’s 24,000-ton topside and the world’s largest Spar FPSO platform, off the coast of Norway at Stord.

Wintershall to expand crude oil production at Germany's Emlichheim site

Wintershall is expanding its crude oil production at its Emlichheim site in Lower Saxony (County of Bentheim).

BHGE AM '18: Execs push global responsibility for local projects

On Tuesday morning of the 2018 BHGE Annual Meeting (BHGE AM), an executive panel moderated by Uwem Ukpong, Chief Global Operations Officer of BHGE, examined procuring global capacities to meet local needs.

BHGE AM '18: BP Upstream CEO touts 'collaborating for competitiveness'

Bernard Looney, CEO of Upstream for BP, shared his views on the topic of collaboration to overcome industry challenges and build deeper partnerships on day two of the BHGE 2019 Annual Meeting.

BHGE AM '18: Shell exec calls for greater energy renaissance

Harry Brekelmans, Royal Dutch Shell PLC's Projects and Technology Director, shared his ideas about what has been accomplished—and how much more needs to be accomplished—in the ongoing energy renaissance, on day one of the BHGE Annual Meeting (BHGE AM).

BHGE AM '18: CEO Simonelli pushes improved project economics in new energy cycle

Lorenzo Simonelli, Chairman and CEO of BHGE, opened up the 2018 BHGE Annual Meeting (BHGE AM) in Florence, Italy, on Jan. 29 with a talk welcoming attendees. The 19th Annual Meeting is a record year for attendance, according to the CEO.

Jersey Oil & Gas announces approval of Verbier appraisal

Jersey Oil & Gas, an independent upstream oil and gas company ‎focused on the UK Continental Shelf (UKCS) region of the North Sea, is pleased to announce that the co-venturers in respect of UKCS Licence P.2170 (Blocks 20/5b & 21/1d) (P.2170), which contains the Verbier oil discovery and the Cortina prospect, have approved a work program and budget for 2018.

Top Norway fund manager bets on rigs for 200% return

After more than three years of taking a hammering, drillers are set to rise.

Norway grants drilling permit to Spirit Energy Norge AS

The Norwegian Petroleum Directorate has granted Spirit Energy Norge AS a drilling permit for wellbore 35/9-14, cf. Section 15 of the Resource Management Regulations.

TAQA to transform Eider platform, extend the life of North Sea fields

Abu Dhabi National Energy Company PJSC (TAQA) is transforming its Eider platform and ensuring continued production from Otter field, as part of its strategy to maximize economic recovery and extend the life of its oil and gas fields in the Northern North Sea (NNS).

Enpro Subsea receives PE funding for development of production, intervention technologies

Enpro Subsea has secured investment from EV Private Equity (EV) to grow its production optimization business into new and existing international markets and further develop its range of production optimization and intervention technologies.

Operators benefit from valve resilience in hostile P&A environments

Churchill Drilling Tools, an oilfield service company specializing in drilling innovation, continues to report growing demand, despite the global reduction in drilling operations, for its tools and in particular its flagship product, the dart activated DAV MX CircSub.

MCEDD '18: Total’s Benoit Ludot, V.P., Deepwater and Subsea, Upstream, to deliver keynote

Gulf Quest LLC has announced that Total’s Benoit Ludot, V.P. of deep water and subsea, upstream, will deliver a keynote presentation at the Marine Construction Engineering Deepwater Development (MCEDD) conference on April 10, 2018 in Milan, Italy.