2320 results found for 'Shetland Islands'

2320 results found for 'Shetland Islands'
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  • Hurricane’s Lancaster pilot well confirms oil presence

    9 September 2016

    UK-based oil and gas exploration company Hurricane Energy has completed drilling of the pilot well at its Lancaster field west of Shetland Islands, confirming oil presence. The well, located in license P1368 Central in which Hurricane has a 100% interest, had been drilled using the Transocean Spitsbergen drilling rig. The 205/21a-7 pilot well is the first in […]

  • UK: Vattenfall, Babcock, Abengoa Launch Ocean Energy Engineering Firm

    7 May 2012

    Nautimus, the new Scottish company, has been established by Vattenfall, with support from leading UK engineering support services firm Babcock and Abengoa, the international company that applies innovative technology solutions for sustainable development in the energy and environment sectors. The company will fulfil the engineering, procurement, integration and construction (EPC) needs of wave power and […]

  • Scottish FM Empowers Island Communities

    17 June 2014
    Authorities & Government

    Scotland’s island communities will have greater control over their local economies, natural environment and be represented at the heart of government in an independent Scotland, First Minister Alex Salmond said. ‪ Launching the island prospectus, Empowering Scotland’s Island Communities, in Kirkwall, the First Minister outlined the most comprehensive package of powers for the island communities […]

  • Worley’s Intecsea, OGTC Partner on Pseudo Dry Gas Liquid Removal Tech

    9 May 2019
    Business & Finance, Equipment, Research & Development

    Worley’s Intecsea consultancy has partnered with the Oil & Gas Technology Centre (OGTC) to fund prototype testing of its Pseudo Dry Gas (PDG) liquid removal system. This technology has been developed to make long distance subsea tiebacks, which are not typically economic or technically feasible, commercially viable. By reducing back pressure in the pipeline, the […]

  • EnQuest: Kraken under budget. First oil in second quarter

    25 January 2017
    Project & Tenders

    EnQuest, a UK North Sea oil firm, has confirmed that the Kraken field FPSO has arrived in the North Sea and that the project remained under budget. The Kraken, to be developed using the Armada Kraken FPSO, is a large heavy oil accumulation located in the East Shetland basin, to the west of the North […]

  • Shell hands out new deal to Bureau Veritas for offshore and onshore assets in UK

    22 June 2022
    Business & Finance, Business Developments & Projects, Certification & Classification, Collaboration, Outlook & Strategy, Project & Tenders, Regulation & Policy

    Shell has awarded a long-term deal, covering 26 offshore installations and three onshore gas plants in the UK, to Bureau Veritas (BV).

  • Cairn Energy to drill Chimera well using Stena Don rig

    13 March 2019
    Exploration & Production

    Cairn Energy has said it has hired the Stena Don semi-submersible drilling rig for the Chimera exploration well offshore the UK.

  • Total: All Culzean topside modules installed. HUC work to start in August

    10 July 2018

    Total-operated Culzean development in the UK North Sea has reached an important breakthrough this week. Namely, all topsides modules were installed by the Heerema Marien Contractors’ heavy lift vessel, SSCV Thialf.

  • UK’s biggest clean maritime competition has its winners

    17 September 2021
    Authorities & Government, Business Developments & Projects, Environment, Infrastructure, Innovation, Outlook & Strategy, Regulation & Policy, Transition

    Fifty-five projects in the UK will receive a share of a £23 million (around $32 million) pot to support the development of innovative technologies aimed at encouraging zero emissions.

  • Petrofac suffers further losses on Laggan-Tormore project (UK)

    20 April 2015
    Project & Tenders

    Petrofac has informed it is entering the final stages of the Laggan-Tormore gas plant project on Shetland in the UK. However, Petrofac expects to recognise a further pre-tax loss on the project of around £130 million ($195 million at current exchange rates) in 2015. To remind, in 2010 Total E&P UK awarded Petrofac a lump-sum engineering, […]

  • 38 new UK offshore projects could be sanctioned by 2022, Rystad says

    3 September 2019

    After several tough years, the sun may finally be ready to shine again on the UK offshore market

  • Hurricane Energy raises cash for Lancaster drilling. First oil in 2019?

    18 April 2016
    Exploration & Production

    UK’s Hurricane Energy has conditionally raised funds for its exploration campaign in the North Sea, west of Shetland Islands. The company on Monday said that £52.1 million would be raised through a proposed issue of 347,245,265 New Ordinary Shares at a price of 15 pence per share, subject to shareholders’ approval. Kerogen Investments, has subscribed […]

  • Pioneering Spirit removes Ninian Northern jacket from North Sea

    22 April 2022
    Business & Finance, Business Developments & Projects, Heavy lifting, Project & Tenders, Vessels

    Allseas has deployed its new jacket lifting technology for the first time to remove CNR International’s Ninian Northern jacket from the North Sea.

  • Chevron approached for Rosebank project share

    26 September 2018

    Chevron has received an expression of interest from an unnamed potential buyer for its interest in the Rosebank field off the UK. 

  • Shell sanctions Penguins field redevelopment. Picks Sevan FPSO for the job

    15 January 2018
    Infrastructure, Project & Tenders

    Shell has made a final investment decision on the redevelopment of the Penguins oil and gas field in the UK North Sea.

  • Shell set to sell $3 billion North Sea assets to Chrysaor

    27 January 2017

    By Ron Bousso and Clara Denina LONDON (Reuters) – Royal Dutch Shell <RDSa.L> is nearing the sale of a large part of its North Sea oil and gas assets to private equity-backed Chrysaor for $3 billion (2.39 billion pounds), banking sources said, marking a milestone in its drive to reduce debt after buying BG Group. […]

  • One of UK’s largest undeveloped oil fields put on hiatus once again

    14 July 2023
    Authorities & Government, Business & Finance, Business Developments & Projects, Environment, Exploration & Production, Project & Tenders, Regulation & Policy, Rules & Regulation

    Reports indicate that the decision on whether to approve or not one of the largest undeveloped oil fields in the UK is unlikely anytime soon.

  • Natural Power Establishes Wave & Tidal Office in Orkney, UK

    9 July 2012

    International renewable energy consultancy Natural Power has established a local presence in Orkney to support clients in the development of wave and tidal energy projects and to actively contribute to the growth of this exciting, emerging industry.  Natural Power has been providing services to the international wave and tidal energy sector since 2005, working for […]

  • Natural Power Establishes Wave & Tidal Office in Orkney, UK

    9 July 2012

    International renewable energy consultancy Natural Power has established a local presence in Orkney to support clients in the development of wave and tidal energy projects and to actively contribute to the growth of this exciting, emerging industry.  Natural Power has been providing services to the international wave and tidal energy sector since 2005, working for […]

  • FoundOcean Bags North Sea Repair and Strengthening Contracts

    15 October 2012
    Business & Finance, Equipment, Operations & Maintenance, Project & Tenders

    FoundOcean, expert in subsea and offshore grouting, has been awarded multiple North Sea repair and strengthening contracts. Jim Bell, Managing Director of FoundOcean said, “Maintenance is an essential part of ensuring the longevity of an offshore structure. FoundOcean has a strong track record in providing inspection, repair and maintenance (IRM) services. These cost-effective upgrade and reinforcement […]

  • FoundOcean Secures Several North Sea IRM Deals (UK)

    15 October 2012
    Business & Finance

    FoundOcean, awarded multiple North Sea repair and strengthening contracts, a UK based company specialised subsea and offshore grouting has been awarded multiple North Sea repair and strengthening contracts. Jim Bell, Managing Director of FoundOcean said, “Maintenance is an essential part of ensuring the longevity of an offshore structure. FoundOcean has a strong track record in […]

  • DSME delivers topside module for Statoil’s UK project

    12 June 2017

    South Korea’s Daewoo Shipbuilding Marine & Engineering has delivered a topside module to Norway’s Statoil for what the company said was a UK North Sea project. The Korean shipbuilder on Monday issued a statement on the delivery, along with a photo of Boskalis’ Mighty Servant I heavy transportation vessel carrying what seems to be a […]

  • Chevron’s Profit Drops in Second Quarter (USA)

    27 July 2012
    Business & Finance

    Chevron Corporation today reported earnings of $7.2 billion ($3.66 per share – diluted) for the second quarter 2012, compared with $7.7 billion ($3.85 per share – diluted) 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 […]

  • Durastic delivers floor coverings for BP’s offshore production units

    7 July 2014
    Equipment

    Marine flooring manufacturer Durastic has supplied a range of its specialist products to Hyundai Heavy Industries in South Korea to help build a North Sea-bound FPSO and platform for BP. Durastic, which has sites in Liverpool, Jarrow and Southampton, UK, has supplied underlay and floor coverings along with other material and fittings for the new BP […]

  • Faroe Islands: Results of Anne Marie Exploration Well and Operational Update on Lagavulin Exploration Well

    1 November 2010
    Project & Tenders

    Faroe Petroleum plc, the independent oil and gas company focusing principally on exploration, appraisal and production opportunities in the Atlantic margin, the North Sea and Norway, announce the results of drilling on the Anne Marie exploration prospect (Faroe Petroleum 12.5%), located offshore in Licence 005 in the Faroe Islands, and provide an operational update on […]