Lundin Norway, a wholly owned subsidiary of Lundin Petroleum, has commenced its 2016 exploration and appraisal campaign in the Loppa High area in the southern Barents Sea. The campaign will be carried out by the Leiv Eiriksson semisubmersible.
First Subsea has supplied a relatchable bend stiffener connector to NOV Completion & Production Solutions for a flexible production riser for Statoil’s Gina Krog, turret moored, Floating Storage and Offloading (FSO) vessel in the Norwegian sector of the North Sea.
The pace of North Sea oil-field shutdowns is picking up as the impact of the market slump is compounded by the uncertain investment environment created by Brexit.
Faroe Petroleum has conditionally agreed to acquire a package of interests in producing Norwegian oil & gas assets from DONG E&P Norge.
The OGA has awarded contracts for the second government-funded £20 million ($26.5 million) seismic campaign to promote underexplored areas of the UK Continental Shelf.
Wood Group has been awarded an extension to its master service agreement (MSA) contract with Apache Corporation in the North Sea.
Premier Oil rose the most this month in London trading after saying it’s benefiting from a decline in the British pound following the UK’s vote to leave the European Union.
Amec Foster Wheeler has been awarded two long-term major services contracts as part of Repsol Sinopec Resources UK’s long-term transformation and long-term commitment to the North Sea.
The Norwegian Petroleum Directorate is giving the green light to use the facility on Tambar field in the North Sea until Jan. 1, 2022.
The Norwegian Petroleum Directorate has granted Exxon Mobil, operator and sole licensee in production license 001, consent to start-up a subsea facility for production well 25/11-E-29 AH on Balder field.
Faroe Petroleum has completed a successful side-track appraisal well on the Brasse discovery in license PL740 in the Norwegian North Sea.
Britons won’t have to worry about staying warm this winter and they have Norway to thank.
Petrofac has been appointed Well Operator by Hurricane Energy in a three-year contract to support wells located West of Shetland.
Global well intervention provider ALTUS Intervention, a subsidiary of Qinterra AS, has secured a long-term frame agreement with Statoil for the delivery of mechanical wireline services.
Saipem has been awarded new contracts and variation orders in E&C offshore, for an overall amount in excess of €1.5 billion. The most significant contract relates to the field development project for the supergiant Zohr gas field, located off the Egyptian coast in the Mediterranean Sea.
Oil swung between gains and losses after falling to a one-week low as investors fled to haven assets on concern the UK’s vote to leave the European Union (EU) will hinder global growth.
The Norwegian Petroleum Directorate has granted Wintershall Norge AS a drilling permit for well 35/11-20 A, cf. Section 8 of the Resource Management Regulations.
DeepWell has secured a long-term contract for the provision of mechanical wireline services to Statoil.
The HSE arm of Restrata, formerly known as Stirling Group, has formed a strategic partnership with Shetland Facilities Management (FM) to further expand its HR response service to companies operating in the Northern North Sea.
Bibby Offshore, a subsea services provider to the oil and gas industry, has secured an important contract with BP.