2327 results found for 'Shetland Islands'

2327 results found for 'Shetland Islands'
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  • UK: Dredging Project Pays Off for Lerwick

    8 August 2014
    Business & Finance, Equipment, Technology

    Lerwick Harbour has again demonstrated its deep-water capacity and capabilities, this time by simultaneously accommodating two giant support vessels and the successful offloading of a 10,000 tonne subsea oil storage tank, destined for west of the Shetland Islands. The sheltered port’s facilities and proximity to the Solan Field, being developed by Premier Oil 90 kilometres […]

  • EnQuest in talks with Delek for Kraken stake sale

    18 July 2016

    UK-based exploration and production company EnQuest has informed that it is holding discussions with Israel-based Delek Group for the sale of 20% interest in the Kraken development in the UK sector of the North Sea.  Kraken is a large heavy oil accumulation located in the East Shetland basin, to the west of the North Viking […]

  • DNV GL to support Shell’s Penguins field redevelopment

    2 August 2018
    Business & Finance, Infrastructure

    DNV GL has won a cross-service contract to support Shell’s Penguins field redevelopment on the UK Continental Shelf.

  • Top News of the Week June 3 – 8, 2013

    9 June 2013

    Top News of the Week June 3 – 8, 2013

  • UK: BPs Re-development Project Involves Replacing of Existing with New FPSO Vessel

    13 July 2011

      On behalf of its co-venturers BP is pleased to announce an agreement to progress a major re-development of the Schiehallion and Loyal oil fields to the west of the Shetland Islands. Schiehallion and Loyal have produced nearly 400 million barrels of oil since production started in 1998 and an estimated 450 million barrels of […]

  • Highlights of the Week

    3 January 2016
    Business & Finance

    Subsea World News has put together a recap of the most interesting articles from the previous week (December 28 – January 03). Subsea 7 has been awarded a sizeable contract by Burullus Gas Company S.A.E. for the platform extension and tie-in on the first phase of the West Nile Delta development of the Taurus and Libra fields by […]

  • USA: Chevron 2Q Profit Drops

    27 July 2012

    Chevron reported earnings of $7.2 billion for the second quarter 2012, compared with $7.7 billion in the 2011 second quarter. Sales and other operating revenues in the second quarter 2012 were $60 billion, compared to $67 billion in the year-ago period. “Our second quarter earnings and cash flow were among our strongest ever, even with […]

  • Siccar Point hits pause on controversial Cambo project after Shell’s exit

    10 December 2021
    Authorities & Government, Business & Finance, Business Developments & Projects, Environment, Exploration & Production, Project & Tenders, Transition

    Siccar Point Energy has decided to suspend its controversial Cambo offshore oilfield development following a recent exit by Shell.

  • Investigation launched after lifeboat plunges from Shell platform into the sea

    18 December 2017

    Oil major Shell has launched an investigation after a lifeboat fell from the Brent Alpha platform in the UK North Sea. 

  • ABB Wins $20 Mln FPSO Power and Automation Contract

    27 June 2013

    ABB, the leading power and automation technology group, has been awarded an oil and gas contract worth $20 million for providing power and automation technologies to a floating production, storage and offloading vessel (FPSO) built by the Chinese shipyard COSCO Nantong for Dana Petroleum. The contract was signed in the second quarter of 2013. ABB’s […]

  • ABB Wins USD 20 Million FPSO Order

    27 June 2013
    Business & Finance

    ABB, the leading power and automation technology group, has been awarded an oil and gas contract worth $20 million for providing power and automation technologies to a floating production, storage and offloading vessel (FPSO) built by the Chinese shipyard COSCO Nantong for Dana Petroleum. The contract was signed in the second quarter of 2013. ABB’s […]

  • BP and Altera investigating fire incident on Foinaven FPSO

    5 April 2022
    Authorities & Government, Operations & Maintenance, Safety, Vessels

    Non-essential workers on an FPSO vessel located on BP’s Foinaven field off the UK have been evacuated following a fire incident.

  • EnQuest trims Kraken costs

    19 February 2018
    Project & Tenders

    UK-based oil company EnQuest has further reduced capital expenditure for its Kraken project in the North Sea and is now expected to be more than 25% lower than originally sanctioned cost of $3.2 billion. 

  • UK: BP, Partners Approve Major Re-Development of Schiehallion and Loyal Oil Fields

    13 July 2011
    Business & Finance

    On behalf of its co-venturers BP announced an agreement to progress a major re-development of the Schiehallion and Loyal oil fields to the west of the Shetland Islands. Schiehallion and Loyal have produced nearly 400 million barrels of oil since production started in 1998 and an estimated 450 million barrels of resource is still available. […]

  • Banks support Siccar Point with extended debt facility ahead of ‘exciting’ 2019

    13 December 2018

    Siccar Point Energy, a North Sea-focused oil and gas player, has signed an agreement with its existing syndicate of banks to increase and extend its existing Reserves Based Lending facility limit

  • UK: BP Partners Approve Major Re-Development of Schiehallion and Loyal Oil Fields

    13 July 2011
    Business & Finance

    On behalf of its co-venturers BP announced an agreement to progress a major re-development of the Schiehallion and Loyal oil fields to the west of the Shetland Islands. Schiehallion and Loyal have produced nearly 400 million barrels of oil since production started in 1998 and an estimated 450 million barrels of resource is still available. […]

  • British conglomerate swoops up TotalEnergies’ West of Shetland gas assets bundle

    27 June 2024
    Business & Finance, Business Developments & Projects

    TotalEnergies has decided to put several gas fields and associated infrastructure up for sale to optimize its portfolio and direct its attention to its core business.

  • ABB to Power Dana Petroleum’s FPSO

    27 June 2013
    Business & Finance, Equipment, Project & Tenders

    ABB, the leading power and automation technology group, has been awarded an oil and gas contract worth $20 million for providing power and automation technologies to a floating production, storage and offloading vessel (FPSO) built by the Chinese shipyard COSCO Nantong for Dana Petroleum. The contract was signed in the second quarter of 2013. ABB’s […]

  • ABB to Power Dana Petroleum’s FPSO

    27 June 2013
    Business & Finance, Equipment

    ABB, the leading power and automation technology group, has been awarded an oil and gas contract worth $20 million for providing power and automation technologies to a floating production, storage and offloading vessel (FPSO) built by the Chinese shipyard COSCO Nantong for Dana Petroleum. The contract was signed in the second quarter of 2013. ABB’s […]

  • Geophysical cable route survey completed for Ossian floating offshore wind farm

    22 January 2025
    Business Developments & Projects, Operations & Maintenance, Project & Tenders

    Ireland-based XOCEAN has completed the geophysical survey along the 420-kilometer cable route for the proposed 3.6 GW Ossian floating offshore wind farm in Scotland. The survey, conducted using uncrewed survey vessels (USVs), took place over a span of 13 months, in water depths ranging from the shoreline to over 100 meters. The gathered data will […]

  • Equinor extends ‘Safe Boreas’ stay at Mariner

    10 April 2019
    Business & Finance, Exploration & Production

    Prosafe-owned flotel Safe Boreas has been awarded a contract extension from Norway’s Equinor for operations at the Mariner field located in the UK sector of the North Sea.

  • Equinor keeping ‘Safe Boreas’ at Mariner at least till October 2018

    19 July 2018
    Exploration & Production

    Norwegian oil firm Equinor has exercised an option to extend a contract for a Prosafe offshore accommodation unit.

  • DECC Approves EnQuest’s £4 Billion Kraken Development (UK)

    15 November 2013

    EnQuest PLC has given its go-ahead for a £4 billion investment in the c.140 million barrel oil field Kraken development. According to EnQuest, the investment is set to generate billions of revenue for taxpayers and to support an estimated 20,000 jobs during the project’s construction period and an average of approximately 1,000 operational jobs a year […]

  • TAQA gains approval for decommissioning plans for North Sea topsides

    23 November 2020
    Authorities & Government, Business & Finance, Business Developments & Projects, Environment, Operations & Maintenance, Regulation & Policy, Rules & Regulation, Safety

    TAQA Bratani has received approval for its drafts decommissioning programs for the Tern and North Cormorant platform topsides, located in the UK North Sea.

  • Harkand wins major North Sea contract with CNRI

    11 March 2014
    Business & Finance

    An international subsea inspection, repair and maintenance (IRM) group Harkand is to position a second dive support vessel in the burgeoning North Sea sector after securing a major contract with CNR International (CNRI). The contract will see Harkand deliver jacket life extension works, IRM scopes and inspection services in the second quarter of 2014 for […]