Europe ///

NPD publishes its December 2018 production figures

Preliminary production figures for December 2018 show an average daily production of 1.8 MMbbl of oil, NGL and condensate, which is a decrease by 26 Mbpd compared to November.

Fugro has enhanced IRM capability with new ROV support vessel

Fugro is set to commence its first project using new multipurpose ROV support vessel, Edda Sun, with mobilization for the IRM contract planned for March 2019.

High Speed Transfers, Damen have agreed to third FCS 2710 vessel

Damen and High Speed Transfers Ltd (HST) have signed a contract for a third FCS 2710 fast crew supply vessel, for delivery in September this year.

Wild Well Control has expanded its Montrose Facility, UK

Wild Well Control, a Superior Energy Services well control and engineering services company, has announced the expansion of its Montrose facility at South Ferryden, UK.

Aker BP operates Ivar Aasen from Trondheim, onshore

LYSAKER, Norge -- Aker BP has become the first company on the Norwegian Continental Shelf to operate a staffed platform from an onshore control room. Ivar Aasen in the North Sea is now operated from Aker BP’s offices at Trondheim torg.

Faroe, Shell and Spirit partner in Edinburgh

Faroe Petroleum, the independent oil and gas company focusing principally on exploration, appraisal and production opportunities in Norway and the UK, is pleased to announce its partnership with subsidiaries of Royal Dutch Shell plc and Spirit Energy Limited following the award of PL 969 in the recent APA licensing round with the intention to advance the large, cross-border Edinburgh prospect towards a drill decision during 2019.

Equinor has made a gas, condensate discovery south of the Kristin field

Equinor has, together with its partners Petoro, ExxonMobil and Total, proven gas and condensate in the Norwegian Sea Ragnfrid North (6406/2-9 S) exploration well.

Equinor invests $269 million to increase Gullfaks production, North Sea

The Gullfaks partners have decided to drill seven new wells and thereby improve oil recovery by 17 MMbbl with good profitability.

'Gas, of course' proclaims NPD director general

The Aasta Hansteen gas field began production on Dec. 16 as the first development in the northern Norwegian Sea.

Attollo has launched Innovation Incubator

Attollo Offshore has launched its Aberdeen-based Innovation Incubator.

Lundin Petroleum announces increased reserves and contingent resources

Lundin Petroleum AB is pleased to announce that as at Dec. 31, 2018, its proved plus probable net reserves (2P reserves) are 745 MMboe, its proved plus probable plus possible net reserves (3P reserves) are 901 MMboe and its best estimate net contingent resources (contingent resources) are 225 MMboe.

Oil collapse helped DNO clinch hostile takeover, Faroe CEO says

Oil’s collapse at the end of last year was critical to DNO ASA clinching the hostile takeover of Faroe Petroleum Plc after a contentious battle for control, the target company’s boss said.

Two big producers just called a bottom for oil: $60/bbl

Italy’s top oil producer and Oman’s energy minister predict the latest oil rebound will stick.

The NCS is barely halfway through its oil and gas story, according to NPD

The Norwegian Petroleum Directorate’s forecasts show that, after a minor decline in 2019, oil and gas production will increase from 2020 and up to 2023. Overall production will then approach the record year of 2004.

Equinor completes acquisition of the UK Rosebank project

Equinor and Chevron have completed their transaction announced in October 2018, whereby Equinor has acquired Chevron’s 40% operated interest in the Rosebank project in the West of Shetland region of the UK Continental Shelf.

Scottish global hub aims to transform decommissioning

The National Decommissioning Centre (NDC), a global technology R&D hub, is today opened by Lord Duncan, UK Government Minister for Scotland and Paul Wheelhouse MSP, Scottish Energy Minister, in Newburgh, in North-East Scotland’s Energetica Corridor.

Rowan has executed contract with ConocoPhillips for the Rowan Norway

Rowan Companies plc has announced that the Rowan Norway, an N-Class ultra-harsh environment jack-up rig, has been awarded a contract in Norway by ConocoPhillips Skandinavia AS ("COPSAS") for an estimated duration of seven months that is expected to commence in second-quarter 2019.

Tendeka secures AICDs contract to boost oil recovery in Middle East

Independent global completions service company Tendeka has secured a further multi-million-pound contract with a major national oil company in the Middle East.

Aker BP awards Optime Subsea long term well access contract

Aker BP have selected Optime Subsea as a provider of well access system and -services on the Norwegian Continental Shelf (NCS) for the next 2 years, with extension options.

MOL Norge AS has drilled a dry well in south North Sea

The well has been drilled about 45 km east of the Valhall and Ekofisk fields and 20 km north of the Norwegian-Danish border in the Mandal High area.