Search results for: Foinaven

56 results

A list of search results

  • 21 September 2012
    Business & Finance

    Faroe Petroleum, the independent oil and gas company focusing principally on exploration, appraisal and production opportunities in the Atlantic margin, the North Sea and Norway, announces that it has agreed to acquire a 10% non-operated interest in the East Foinaven Field and a 0.5% interest in the West of Shetland Pipeline System (the “Interests”) from […]

  • 27 March 2020
    Business & Finance, Business developments & projects, Infrastructure, Project & Tenders, Vessels

    Teekay, which has recently decided to change its name to Altera Infrastructure, has entered into a new bareboat charter contract with the Foinaven operator, a subsidiary of BP, for the Petrojarl Foinaven FPSO.

  • 21 September 2012
    Business & Finance

    Faroe Petroleum, the independent oil and gas company focusing principally on exploration, appraisal and production opportunities in the Atlantic margin, the North Sea and Norway, announces that it has agreed to acquire a 10% non-operated interest in the East Foinaven Field and a 0.5% interest in the West of Shetland Pipeline System (the “Interests”) from […]

  • 6 March 2012

    Reuters reports that BP has restarted oil production from Foinaven field, located west of the Shetland Islands, after it had been shut due to a small leak in January. “Production re-started from the Foinaven field over the weekend, following a one-month shutdown for precautionary inspections and testing of the pipelines,” Reuters quoted BP’s spokesperson as […]

  • 12 October 2012

    Subsea 7 S.A. today announces that BP has extended its contract for subsea construction, inspection, repair and maintenance services for the Foinaven and Schiehallion fields located west of the Shetland Islands. The contract extension is valued at approximately US$300m and will run from 2013 until 2017. Under the terms of this contract, the multi-purpose support […]

  • 9 August 2013
    Business & Finance

    Faroe Petroleum has completed the previously announced acquisition of a 10% non-operated interest in the BP-operated East Foinaven oil field and a 0.5% interest in the West of Shetland Pipeline System, both from Marubeni Oil & Gas (North Sea) Limited. The net consideration payable for the acquisition of the Interests, after adjusting for net income […]

  • 2 March 2016
    Project & Tenders

    Subsea 7 has secured an extension to the existing contract by BP for the provision of Subsea Construction, Inspection, Repair and Maintenance (IRM) services in the North Sea. Under the terms of the agreement, Subsea 7 will provide BP with an additional two years of cost-effective IRM delivery, extending the contract to 2019. The contract covers the maintenance of the Schiehallion, […]

  • 6 March 2017
    Business & Finance

    DeepOcean, a subsea services provider, has received a call-off under its new master service agreement (MSA) with BP for SURF work in the Foinaven field, West of Shetland.  The company said on Monday that the call-off covers the installation of a new flexible water injection riser and the recovery of the existing water injection riser in […]

  • 12 October 2012
    Business & Finance, Operations & Maintenance, Project & Tenders

    Subsea 7 S.A. today announces that BP has extended its contract for subsea construction, inspection, repair and maintenance services for the Foinaven and Schiehallion fields located west of the Shetland Islands. The contract extension is valued at approximately US$300m and will run from 2013 until 2017. Under the terms of this contract, the multi-purpose support […]

  • 6 March 2017
    Business & Finance, Operations & Maintenance, Project & Tenders

    DeepOcean has received a call-off under its new master service agreement (MSA) with BP. The call-off covers the installation of a new flexible water injection riser and the recovery of the existing water injection riser in the Foinaven field, West of Shetland, in a water depth of 460 metres. The work includes project management, engineering […]

  • 2 March 2016

    British oil company BP has extended a contract with Subsea 7 for the provision of subsea construction, inspection, repair and maintenance (IRM) services in the North Sea. Subsea 7 will provide BP with an additional two years of IRM delivery, extending the contract to 2019. The deal covers the maintenance of the Schiehallion, Loyal, Foinaven and […]

  • 1 March 2008

    BP and its partner, Marathon Petroleum West of Shetlands Ltd, today announced a new oil discovery in Block 204/23, following drilling on the South-West Foinaven prospect, some 190 kilometres west of the Shetland Islands. The exploration well 204/23-2 was drilled using the Paul B Loyd Junior semi-submersible drilling rig.

  • 4 October 2018

    The U.S. oil company Marathon Oil is reportedly looking to exit the UK North Sea business to focus on the U.S. onshore.

  • 12 August 2013
    Business & Finance, Operations & Maintenance

    Faroe Petroleum has completed the previously announced acquisition of a 10% non-operated interest in the BP-operated East Foinaven oil field and a 0.5% interest in the West of Shetland Pipeline System, both from Marubeni Oil & Gas (North Sea). The net consideration payable for the acquisition of the interests, after adjusting for net income receivable […]

  • 1 February 2008

    BP and its partner, Marathon Petroleum West of Shetlands Ltd, have made a new oil discovery in Block 204/23, following drilling on the South-West Foinaven prospect, some 190 kilometres (118 miles) west of the Shetland Islands.

  • 31 January 2008

    BP and its partner, Marathon Petroleum West of Shetlands Ltd, today announced a new oil discovery in Block 204/23, following drilling on the South-West Foinaven prospect, some 190 kilometres west of the Shetland Islands. The exploration well 204/23-2 was drilled using the Paul B Loyd Junior semi-submersible drilling rig.

  • 25 February 2019
    Business & Finance

    RockRose has signed a share purchase agreement to acquire 100% of Marathon Oil’s UK businesses.

  • 21 June 2019
    Business & Finance, Operations & Maintenance, Project & Tenders

    Norwegian diving contractor SubseaPartner has increased its footprint in the UK with another contract award by the operator and FPSO owner Teekay Offshore. The contract is for undertaking ongoing subsea work on the FPSO’s Foinaven and Hummingbird. Detailed planning and engineering are done and SubseaPartner has chartered the vessel Olympic Zeus as support for the […]

  • 1 September 2011

    Tritech, leader in acoustic technologies, has developed a system for the real-time integrity monitoring of mooring lines, umbilicals and risers on Floating Production Storage and Offloading Units (FPSOs). RAMS (Riser and Anchor Monitoring System) is a 360° riser and anchor chain monitoring system for FPSOs that is deployed beneath the vessel and monitors the presence, […]

  • 21 June 2019
    Business & Finance, Infrastructure

    Marine services and solutions provider Teekay Offshore has awarded a contract for subsea work on two floating, production storage and offloading (FPSO) vessels to Norwegian diving contractor SubseaPartner.

  • 1 July 2019
    Business & Finance

    RockRose Energy has now completed the acquisition of 100% of Marathon Oil U.K. (MOUK) and 100% of Marathon Oil West of Shetland Limited (MOWOS) from subsidiaries of Marathon Oil Corporation. 

  • 1 September 2011
    Business & Finance, Equipment, Operations & Maintenance

      Tritech, leader in acoustic technologies, has developed a system for the real-time integrity monitoring of mooring lines, umbilicals and risers on Floating Production Storage and Offloading Units (FPSOs). RAMS (Riser and Anchor Monitoring System) is a 360° riser and anchor chain monitoring system for FPSOs that is deployed beneath the vessel and monitors the […]