Oil Price |
|
|
| Read our latest copy |
|
|
|
|
| Latest
North Sea Rim
|
Aker BP Acquires Hess Norge Oct 24, 2017Aker BP ASA has entered into an agreement to acquire Hess Norge AS. Through the transaction, Aker BP strengthens its production and resource base, and becomes the sole owner of the Valhall and Hod fields...
CGG Successfully Completes First Full-Scale TopSeis survey in Barents Sea Sep 29, 2017CGG has successfully completed acquisition of the first-ever full-scale commercial survey using TopSeis™, its latest offshore broadband seismic acquisition and imaging solution.
Further Improvements on the Johan Sverdrup Project Sep 4, 2017Lundin Petroleum AB has announced that Phase 1 of the Johan Sverdrup project is over halfway complete and that the partnership has further reduced the gross capital expenditure to NOK 92 billion.
First Sign of Johan Sverdrup Emerging Offshore Aug 1, 2017Statoil reports that last week the jacket for the Johan Sverdrup riser platform was installed by Thialf crane vessel owned by Heerema Marine Contractors (HMC).
Oil & Gas Authority and Lloyd’s Register Initiate Strategy to Revitalise UKCS Oil and Gas Exploration Jul 24, 2017As part of a three year contract with Lloyd’s Register (LR), the Oil & Gas Authority (OGA) has released their first set of Regional Geological maps and data sets, which cover...
Forum to Improve Management of Health, Safety, Environment and Performance in the North Sea Jul 4, 2017A who’s who of oil and gas industry figureheads will be presenting at a forum in Aberdeen which aims to attract the next generation of leaders who will steer the North Sea to sustainable success.
|
|
Spot News |
Further Increasing Johan Sverdrup ValueStatoil and partners have further increased the value of the Johan Sverdrup field as a result of continued high quality in project execution, good drilling efficiency and further maturation of the resource base.
Faroe Commences Fogelberg Appraisal WellFaroe Petroleum has announced the commencement of the Fogelberg appraisal well and contingent sidetrack 6506/9 – 4A and 4S in the Norwegian North Sea (Faroe 28.3%).
North Sea Exploration Success for BPBP has announced two new exploration discoveries in the North Sea. The discoveries are Capercaillie, in Block 29/4e in the Central North Sea, and Achmelvich, in Block 206/9b west of Shetland.
|
|
| More
North Sea Rim
|
Johan Castberg to Enable Considerable Spinoffs in North NorwayJun 27, 2017Statoil has, on behalf of the licence partners, has decided that the Johan Castberg operation will be supported by a supply and helicopter base in Hammerfest and an operations organisation in Harstad.
Major Oil and Chemical Protection Exercise to be Carried Out in NorwayJun 2, 2017The exercise is a joint project between the Nordic countries and co-funded by the European Union. It is being organised by the Norwegian Coastal Administration and will involve over 300 personnel and 30 vessels.
Research Council of Norway Continues Support for ABB’s Subsea ResearchMay 12, 2017The Research Council of Norway has awarded ABB a NOK 10 million research grant to develop subsea technology for use on the Norwegian continental shelf and the Barents Sea.
Rex International Holding Maps Out Value Creation Strategy for NorwayApr 18, 2017Rex International Holding Limited, a new-generation technology-driven oil company, has mapped out a value creation strategy for its assets in Norway - particularly in the North Sea...
Skarfjell Development Concept SubmittedFeb 16, 2017Wintershall and its license partners Capricorn, Bayerngas, Edison and DEA have selected a development solution for the Skarfjell field in the Norwegian North Sea.
Oil Discovery in the Filicudi prospect in the Southern Barents SeaFeb 13, 2017Lundin Petroleum AB has announced that its wholly owned subsidiary Lundin Norway AS (Lundin Norway) has made an oil and gas discovery in the main well 7219/12-1 and is presently drilling a sidetrack 7219/12-1A on the Filicudi prospect.
Chrysaor Acquires Asset Package from ShellFeb 1, 2017Chrysaor Holdings Limited, the UK oil and gas independent, is to acquire a package of assets in the UK North Sea from Shell UK Limited and its affiliates for a price of USD 3 billion.
UKEF Supports GE Oil & Gas Contract with Major Energy Project in GhanaJan 17, 2017UK Export Finance (UKEF) has announced that it will provide USD 400 million in support for a GE Oil & Gas contract with Ghana’s Offshore Cape Three Points Project.
|
|
|
Production Drilling Started on MarinerDec 4, 2016Statoil reports that production drilling has started on the Statoil operated Mariner field in the UK North Sea. Up to five wells will be drilled before the Mariner A platform hook up...
InterMoor Opens New Custom-Built Base in NorwayOct 26, 2016IOS InterMoor, an Acteon company, has announced the opening of its new mooring base in Fensfjord, Norway near Bergen.
New Chapter for the OGA as Government CompanyOct 3, 2016 Oil and Gas Authority (OGA) has been established as an independent government company by the UK Government. This formalises the transfer of...
Event to Highlight Cost-Cutting Potential of Decommissioning TechnologyAug 30, 2016Innovation’s key role in delivering operational benefits to decommissioning activities is set to be highlighted by an event which has been organised by...
Norwegian Continental Shelf to Bottom Out in 2017 Says Wood MackenzieAug 29, 2016USD 50 billion has been removed from Wood Mackenzie’s forecast of 2016-2020 capital investment in Norway. This is based on over 10 projects being deferred or scrapped to cut costs...
Increasing the Value of Johan SverdrupAug 29, 2016Quality in planning, project execution and improvement work increases the value of Johan Sverdrup, says Statoil.
Stepping Up Climate Change Efforts on the NCS Towards 2030Aug 18, 2016Statoil reports that the petroleum industry, under the direction of the Norwegian Oil and Gas Association, has announced its ambition to implement CO 2 reduction measures...
Breaking Down the Barriers to Export OpportunitiesAug 12, 2016Subsea UK in partnership with UK Export Finance (UKEF), will be running an event on 24th August to highlight how firms can overcome the financial challenges involved in selling overseas through government-backed guarantees and insurance.
Lloyd’s Register Secures Two major UKCS Projects from Oil & Gas AuthorityAug 4, 2016Lloyd’s Register has secured two of the four major UKCS projects recently tendered by the UK’s Oil & Gas Authority (OGA) for the UK Continental Shelf (UKCS).
Subsea Diversification is Key to Future SuccessJul 19, 2016Subsea UK, in partnership with Scottish Enterprise, will be running an event on 2nd August to examine why harnessing a range of renewable resources is essential if the industry is to ensure...
New European Programme to Fund Open Sea Testing for Ocean EnergyJul 15, 2016The ERU 11 million FORESEA project brings together Europe’s leading ocean energy test facilities to help demonstration of tidal, wave and offshore wind energy technologies...
Det norske oljeselskap Receives Exploration Drilling ConsentJul 1, 2016Det norske oljeselskap (Det norske) has received consent from the Petroleum Safety Authority (PSA) Norway to drill an exploration well in block 25/10.
|
|
|
|
|
|
