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Are North Sea operators walking the talk on supply chain collaboration?

Last week, I was in London at the Oil & Gas Council World Energy Capital Assembly (WECA), speaking on a panel about collaboration and capital efficiency in a new oil world.

Petrofac launches innovation zone

Minister for Energy, Connectivity and the Islands Paul Wheelhouse, has opened Petrofac’s new technology Innovation Zone in Aberdeen.

Equinor has been granted a drilling permit for well 36/1-3 in production license 885

The Norwegian Petroleum Directorate has granted Equinor Energy AS a drilling permit for well 36/1-3, cf. Section 15 of the Resource Management Regulations.

Neptune Energy Norge takes operatorship and equity in Fenja field

Neptune Energy has announced it has completed integration with the former VNG Norge business.

Decom North Sea secures Decommissioning Challenge Fund grant award

Decom North Sea, the membership organization for the oil and gas late life and decommissioning sector, has successfully secured a Decommissioning Challenge Fund (DCF) grant award from The Scottish Government.

Sulzer Wood wins contract extension with BP

Ellon-based rotating equipment services provider Sulzer Wood Limited has been awarded a five-year contract extension to provide pump maintenance services for BP operations in the North Sea.

Leakage of liquified petroleum gas at Equinor's Mongstad stopped

Right before 08:00 on Monday, Dec. 10, 2018 a liquified petroleum gas (LPG) leakage occurred at one of the Mongstad facilities. At 09:15 it was reported that the leakage had been stopped.

Companies in the news

Michele Cowart, World Oil

Companies in the news

What industry leaders expect for 2019

Kurt Abraham, World Oil

By all measures, most of 2018 has been an improvement on 2017, which was markedly better than 2016.

Equinor completes sale of non-core asset on UKCS

Equinor completes sale of non-core asset on UKCS

Eni has partnered with BP in Egypt's Nour concession

Eni announces that the sale of a 20% participating interest to Mubadala Petroleum, a wholly-owned subsidiary of Mubadala Investment Company, and a 25% participating interest to BP in the Nour North Sinai Offshore concession, Egypt, has been approved by the Egyptian Government.

HydraWell has executed Aker BP's Valhall field plugging program expeditiously

Through utilization of the PWC (Perforate, Wash & Cement) plug and abandonment method (P&A) on the Valhall field, HydraWell has contributed towards Aker BP executing its plugging program significantly quicker than planned.

Equinor receives green light for a uniquely profitable project

The Ministry of Petroleum and Energy has approved the plan for development and operation (PDO) of the Troll Phase 3 development. Capital expenditures of $918.5 million (NOK 7.8 billion) will help extend the productive life of the Troll field beyond 2050.

Equinor has been granted drilling permits from Deepsea Bergen and West Hercules facility

Well 35/11-22 S will be drilled from the Deepsea Bergen drilling facility in position 61°5'2.27"N and 3°20'56.92"E after completing the drilling of wildcat well 6407/11-1 for Equinor Energy AS in production license 751.

Neptune Energy submits ‘Decision to Continue’ report for Cara project

Subsea tieback solution to Gjøa platform proposed for Norwegian North Sea oil and gas development.

Well-Centric has acquired Simmons Edeco Europe

Well-Centric, a FrontRow Energy Technology Group company, has announced the acquisition of Simmons Edeco Europe from its Canadian owner.

Lloyd’s Register unveils AllAssets to digitalize inspection and maintenance

Delivering operational efficiencies and reducing costs is now a reality for industry.

Equinor boosts Vigdis

The subsea field Vigdis has been producing oil through the Snorre field for more than 20 years. Field production will now be boosted by almost 11 MMbbl.

Faroe's Cassidy exploration well commences in Norway

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 the commencement of the Cassidy exploration well 8/10-7 S in the Norwegian North Sea (Faroe 15% working interest).

Faroe makes Norwegian asset swap with Equinor

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 it has signed a binding agreement with Equinor Energy AS (a wholly owned subsidiary of Equinor ASA) (“Equinor”) to swap its interests in the Njord, Hyme redevelopment and Bauge development assets (the “Divested Assets”) in return for interests in four production assets on the Norwegian Continental Shelf: Alve, Marulk, Ringhorne East and Vilje (together the “Acquired Assets”) on a cashless basis (the “Transaction”).