2313 results found for 'Shetland Islands'

2313 results found for 'Shetland Islands'
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  • 9 June 2013

    Top News of the Week June 3 – 8, 2013

  • 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 […]

  • 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 […]

  • 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 […]

  • 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.

  • 18 December 2017

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

  • 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 […]

  • 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 […]

  • 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.

  • 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. 

  • 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. […]

  • 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

  • 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. […]

  • 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.

  • 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 […]

  • 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 […]

  • 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.

  • 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 […]

  • 19 July 2018
    Exploration & Production

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

  • 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.

  • 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 […]

  • 12 November 2014
    Business & Finance, Equipment

    Drydocks World and Maritime World, the international providers of maritime and offshore services to the shipping, oil, gas, and energy sectors have been awarded the Best Oil & Gas Project Award for outstanding Project Excellence on the Solan Project in the UK North Sea. The gala event was held on the 30th anniversary of Abu […]

  • 23 June 2017
    Project & Tenders

    Fairfield Energy, a late-life asset and decommissioning operator, has submitted its draft decommissioning programs for the Dunlin, Merlin and Osprey field subsea installations and pipelines, in the UK sector of the North Sea, to the UK authorities.  This is a second company to submit a draft decommissioning plan to the UK’s Department for Business, Energy […]

  • 30 March 2020
    Business & Finance, Business Developments & Projects, Exploration & Production, Infrastructure, Project & Tenders

    Siccar Point Energy has decided to defer its planned sanction date for the Cambo project, located West of Shetland, to 2021 in light of the unprecedented worldwide macroeconomic dislocation resulting from Covid-19.

  • 12 July 2024
    Business & Finance, Business Developments & Projects, Infrastructure, Project & Tenders

    Allseas has completed the removal of the fourth and final platform from Shell’s Brent field in the UK’s North Sea as part of a decommissioning project that took over a decade to conclude. The Brent oil and gas field, located northeast of the Shetland Islands, was one of the largest fields in the North Sea […]