Europe ///

Oil giants still love North Sea despite asset sales

Europe’s biggest energy companies have a message for the aging UK North Sea oil industry: We may be selling assets, but that doesn’t mean we’re heading for the exit.

Shell seeks to boost LNG demand to build new plants

Europe’s biggest energy company is investing in projects to boost global gas demand and aims to continue feeding the market it’s nurturing with new liquefied natural gas export plants.

Threat to oil gets real as climate crashes Norway election

Politicians and activists who have been fighting to rein in Norway’s mighty oil industry are eyeing a breakthrough.

Expro secures multi-million-dollar well services contract with Repsol Sinopec

International oilfield services company, Expro, has secured a five-year master services agreement with Repsol Sinopec Resources UK Limited, for well services across its UK North Sea assets.

Consortium to tackle major North Sea NDT challenge

A consortium of organizations has set out to tackle one of the most enduring challenges in the North Sea: the non-destructive testing (NDT) of corroded pipes under insulation and engineered temporary pipe wraps.

Bibby Offshore bolsters North Sea presence with multiple contract wins

Bibby Offshore, a subsea services provider to the oil and gas industry, continues to strengthen its North Sea presence through successful completion of two further contracts with oil and gas majors, Perenco and Endeavour Energy UK.

Service companies team up on project to develop better maintenance for offshore cables

Cohort plc company SEA has teamed with research and technology organization Fraunhofer, the Orkney-based European Marine Energy Centre test centre (EMEC), and optical fiber sensor specialists Synaptec on a new project looking at developing multi-functional monitoring solutions to existing power transmission cables used in the offshore energy industry.

Expro secures 26-well abandonment contract for UK North Sea

International oilfield services company, Expro, has been awarded a substantial contract from global oil and gas company Maersk Oil for the provision of subsea and well test services on two offshore units in the North Sea.

Total divests remaining 15% interest in Gina Krog field in Norway, sells to Kuwaiti company

Total has signed an agreement to divest its remaining 15% interest in the Gina Krog field in Norway to Kuwait Foreign Petroleum Exploration Company (KUFPEC).

Johan Sverdrup project more than halfway complete, says Lundin Petroleum

Lundin Petroleum AB has announced that Phase 1 of the Johan Sverdrup project is more than halfway complete, and that the partnership has further reduced the gross capital expenditure to NOK 92 billion.

UK North Sea oilfield startups surge to 10-year high

The UK North Sea is on track for the biggest year of oil and gas field startups in a decade, continuing the aging province’s surprising resilience to the crude-market slump.

Norwegian Petroleum Directorate hires new exploration director

Torgeir Stordal has been hired as the exploration director in the Norwegian Petroleum Directorate.

Swire Oilfield Services wins seven-figure contract for Johan Sverdrup platform

Global offshore container company Swire Oilfield Services has been awarded a seven-figure contract with Aker Solutions.

Harvey's global impact signals growing U.S. clout in oil markets

World energy markets, from butane in Asia to diesel in Europe and gasoline in Latin America, are feeling the ripple effect of Texas’s deadly storm, highlighting the growing role of the U.S. in the global oil industry.

Lundin Petroleum spuds exploration well at Børselv prospect in the Barents Sea

Lundin Petroleum AB has announced that its wholly owned subsidiary Lundin Norway AS has commenced drilling of exploration well 7220/6-3 on the Børselv prospect in PL609 on the Loppa High in the southern Barents Sea.

Aker Solutions wins brownfield modifications, maintenance support contract

Aker Solutions secured a framework agreement from Shell to provide brownfield modifications services and maintenance support for the Nyhamna and Draugen facilities in Norway.

Wärtsilä announces mechanical completion at the Tornio Manga LNG terminal

The technology group Wärtsilä has successfully reached an important milestone in the engineering, procurement and construction (EPC) contract of the Tornio Manga LNG terminal in Northern Finland. The mechanical completion of the terminal was achieved on Aug. 18, 2017.

KUFPEC acquires Total's interest in Gina Krog for $317 million

Kuwait Foreign Petroleum Exploration Company k.s.c. (KUFPEC) announced today that its wholly-owned subsidiary KUFPEC Norway AS has reached agreement to acquire a 15% interest in the Gina Krog field from Total E&P Norge AS.

Total starts production at Edradour & Glenlivet fields, West of Shetland

Total has announced start-up of production from the Edradour & Glenlivet gas and condensate fields, located in about 300 to 435 m of water in the West of Shetland area, close to Laggan-Tormore fields, which came on stream in February 2016.

Faroe Petroleum spuds Goanna exploration well in the Norwegian North Sea

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 Goanna exploration well 39/9-22 S (Faroe 30%) in licence PL 881.