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Fjords Processing bags process systems delivery contracts for Johan Sverdrup

Fjords Processing has won three contracts for the deliveries of process systems for the Johan Sverdrup development in the North Sea.

Subsea 7 installs world's first subsea wet gas compressor at Statoil's Gullfaks platform

After several years of technology development, construction and testing the first subsea wet gas compressor in the world is now installed at the Statoil's Gullfaks C platform in the North Sea.

4Subsea receives research grant for corrosion in flexible pipes

The Research Council of Norway has through the “Petromaks 2” program has awarded 4Subsea funding for a research initiative on corrosion in flexible pipes.

CIS Group completes subsea piling operation in North Sea

Conductor Installation Services (CIS) has completed a subsea piling operation for Subsea 7 in the UK North Sea.

Emerson improves offering with Yggdrasil acquisition

Emerson Process Management has acquired Norwegian company Yggdrasil, a provider of flow assurance and production optimization software.

Statoil suspends Scarabeo 5 on overcapacity

Statoil has decided to suspend Scarabeo 5 due to overcapacity in its rig portfolio, the company announced Wednesday.

Ukraine halts Russian gas purchases as talks on deal fail

Ukraine halted purchases of Russian natural gas after its bigger neighbor took away most of a price discount and declined to sign a three-way accord with the European Union through the winter heating season.

Statoil submits $115-million development plan for Gullfaks area

Statoil and its partners have submitted an amendment to the Plan for Development and Operations (PDO) for the Gullfaks license to Norway’s Ministry of Petroleum and Energy for phase 1 of the Shetland/Lista development.

Kværner Verdal starts construction of steel jacket for Johan Sverdrup

Work on the steel jacket for Johan Sverdrup field's riser platform is now underway, operator Statoil announced Monday.

Atlas Knowledge lands Dolphin Drilling contract

Dolphin Drilling has selected Atlas Knowledge to deliver a new system to manage the competence and training of its workforce in the UK.

Repsol’s CEO courts skeptical investors after $13-billion deal

In his first year as Repsol SA CEO, Josu Jon Imaz helped lead the largest acquisition by a Spanish company this decade, the $13-billion purchase of Talisman Energy Inc.

TGS to acquire Polarcus' multi-client library

TGS has entered into a Letter of Intent to acquire Polarcus' multi-client library, with the exception of Australia, for a price of $27.5 million on a cash and debt free basis.

Aibel secures Odfjell Drilling yard stay contract

Odfjell Drilling has awarded Aibel the yard stay contract for the Deepsea Bergen, a semi-submersible unit of enhanced Aker H-3.2 design.

Wood Group in $250-million agreement for operating services on CATS

Wood Group has entered into a $250-million agreement with Antin Infrastructure Partners (Antin IP) to provide operating services for the Central Area Transmission System (CATS) in the North Sea for up to 10 years.

BP installs Clair Ridge topside modules

BP and its co-venturers, ConocoPhillips, Chevron and Shell, have announced the safe installation of the new Clair Ridge platform’s quarters and utilities (QU) topside modules, a major milestone in the Clair Ridge project.

Fugro supports Alvheim IOR well tie-in project

Fugro is providing wave measurements to support construction operations at an improved oil recovery (IOR) project on the Norwegian Continental Shelf, around 225 km west of Stavanger.

Suncor drills dry hole west of Balder field in North Sea

Suncor Energy Norge AS, operator of production license 571, has completed the drilling of exploration well 25/10-13 S. The well is dry.

Statoil cancels contract for COSL Pioneer

Statoil has decided to cancel its contract for the COSL Pioneer some 13 months before the expiry date of August 2016, Statoil announced Wednesday.

Harkand mobilizes vessel for Premier Oil in UKCS

Harkand has embarked on a contract awarded by Premier Oil Plc to support the company's activities on the Solan field development, West of Shetland.

Lundin spuds Alta, Edvard Grieg appraisal wells

Lundin Petroleum’s wholly owned subsidiary Lundin Norway has commenced the drilling of its second Alta appraisal well in the Barents Sea South and the drilling of an appraisal well on Edvard Grieg field in the Norwegian North Sea.