Europe
News
January 23, 2024
The contract will see Aquaterra Energy deliver a comprehensive range of offshore analysis services, including riser and conductor analysis for jack-ups and semi-submersibles, plus integrity management, decommissioning and late life analysis.
News
January 22, 2024
The ROCS system, developed by Optime Subsea, transforms the installation of production tubing in subsea wells by eliminating the need for umbilicals. This results in significantly safer and faster operations while reducing the need for personnel in the red zone on the rig.
News
January 22, 2024
The Tyra East Riser platform Echo was declared hot, with all pipelines connected. De-isolation of these pipelines has also commenced, which is an important step towards first gas. On Tyra West, the first wells have successfully been unplugged and de-watered, with two wireline teams working in parallel on the Tyra West B and C platforms.
News
January 19, 2024
The Norwegian authorities are offering Aker BP ownership interest in 27 exploration licenses on the Norwegian Continental Shelf in the APA 2023 licensing round. For 17 of the licenses, Aker BP is also granted operatorship.
News
January 18, 2024
The awards include eight production licenses in the North Sea, 13 in the Norwegian Sea, and eight in the Barents Sea. Equinor is the operator of 14 of the awarded licenses, and a partner in 25.
News
January 17, 2024
The Victory field is expected to produce around 150 MMcfgd (approximately 25,000 boed). Most of the field’s recoverable gas is expected to be extracted by the end of the decade.
News
January 16, 2024
Equinor ASA was awarded 39 licenses, while Aker BP ASA received 27 and Var Energi ASA 16. Wintershall Dea was awarded 13 licenses and Poland’s PGNiG Upstream Norway AS 10.
News
January 12, 2024
The expected gain from the well is up to 8 MMboe, of which ca 80% is natural gas. This well is drilled into the Jurassic with good reservoir properties, however with a wide range of subsurface outcomes with respect to volume.
News
January 11, 2024
Between 40 and 50 wells are expected to be completed, up from 34 last year, the Norwegian Offshore Directorate said Thursday. More than half of the 23 wildcat wells undertaken last year found hydrocarbons, it said.
News
January 10, 2024
Wood’s Operations business will deliver engineering, procurement, construction and commissioning (EPCC) services to enhance the central processing facility of bp’s Eastern Trough Area Project (ETAP) production hub in the central North Sea.
News
January 09, 2024
The Catcher area produces from 20 subsea wells from the Catcher, Varadero and Burgman fields. The wells are a combination of water injection and production wells, which are tied-back to the BW Catcher FPSO.
Article
December 2023
The UKCS has a substantial number of unused pipelines and reservoirs, but the investment costs remain high. Activity in this area should increase over the medium and longer terms.
News
December 29, 2023
Vår Energi’s net production from the field was 1,500 boed in the first nine months of 2023 and had remaining net reserves 1.9 MMboe at year end 2022.
News
December 26, 2023
Kristian Johansen, CEO at TGS, commented, “This project, for a major energy customer, further highlights the integral role OBN acquisition has in providing our clients improved seismic data quality and help them make better reservoir development decisions.”
News
December 22, 2023
Equinor and SOCAR (State Oil Company of Azerbaijan Republic) have signed an agreement whereby Equinor will divest all its remaining assets in Azerbaijan to SOCAR.
News
December 20, 2023
Wood has been awarded a contract by Dragados Offshore to deliver engineering design and provide regulatory support for the development of three 2GW converter stations that will transfer offshore wind power to Germany's power grid.
News
December 19, 2023
Subsea7 will provide an IRM, survey and light construction vessel, complete with work class and observation class remotely operated underwater vehicles (ROV), capable of performing inspection, survey, intervention, subsea construction and emergency response services.
News
December 18, 2023
The downtime resulted from a malfunction in new equipment installed during maintenance activities in the previous quarter, causing a deferral of approximately one month in production from the Alvheim area.
News
December 18, 2023
Petrofac has secured an engineering, procurement, construction and commissioning (EPCC) framework agreement with TotalEnergies.
News
December 15, 2023
Odfjell Drilling Ltd. has announced an extension of the firm contract with Aker BP for the Deepsea Nordkapp.
News
December 14, 2023
Linnorm is estimated to contain around 25-30 Bcm of recoverable gas resources. As a comparison, this is more gas than remaining reserves in each of the producing fields Aasta Hansteen, Martin Linge, and Gina Krog.
