2327 results found for 'Shetland Islands'

2327 results found for 'Shetland Islands'
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  • 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 […]

  • UK geothermal specialist awarded ‘first of its kind’ study to decarbonise oil & gas extraction

    23 May 2022
    Authorities & Government, Business & Finance, Business Developments & Projects, Collaboration, Environment, Exploration & Production, Infrastructure, Outlook & Strategy, Project & Tenders, Regulation & Policy, Research & Development, Technology, Transition

    CeraPhi Energy has been awarded funds to carry out a decarbonisation study, aiming to repurpose offshore oil and gas wells.

  • Hurricane expects boost in Lancaster resource estimates

    7 February 2017
    Project & Tenders

    Hurricane Energy reported on Tuesday that its previous resource estimates of the Lancaster field west of Shetland Islands had been ‘conservative’. The company now expects an uplift in the field’s resources.  Hurricane said that the previously published minimum oil down from the Lancaster 205/21a-7 well of 1,620m TVDSS had been revised to a best case oil-water […]

  • NKT scoops up Shetland link prize

    17 July 2020
    Business & Finance, Equipment, Project & Tenders, Technology

    NKT has landed a €235-million contract from SSEN Transmission to deliver and install an interconnector to the Shetland HVDC Link project. The turnkey order comprises the manufacturing of approximately 2×260 kilometres of 320 kV high-voltage DC on-and-offshore power cables. It also includes installation by the cable-laying vessel NKT Victoria and protection of the cables. NKT […]

  • Heerema’s Sleipnir vessel removes topsides from UK waters in single lift

    14 June 2022
    Business & Finance, Business Developments & Projects, Heavy lifting, Project & Tenders, Vessels

    With the topsides removal, Heerema has completed another decom activity related to a platform being removed from the waters off the UK.

  • Fight for ‘better’ work-life balance: Offshore drillers set their cap on three-month strike at North Sea platform

    19 January 2024
    Business & Finance, Business Developments & Projects, Exploration & Production, Human Capital

    Around 100 offshore workers employed by Odfjell Technology have decided to embark on strike action to secure improvements to working rotas.

  • Aker Solutions to deliver FPSO upgrade for Equinor’s huge oil and gas project

    9 January 2023
    Business & Finance, Business Developments & Projects, Exploration & Production, Project & Tenders, Vessels

    Aker Solutions has secured an engineering, procurement and construction (EPC) contract from Altera Infrastructure for the complete upgrade of a floating production storage and offloading vessel (FPSO) to be redeployed at an Equinor-operated oil and gas field offshore UK. Under the contract defined as “substantial”, Aker Solutions will deliver the upgrade of the Petrojarl Knarr FPSO […]

  • Update: Rosebank field faith hangs in balance as Chevron scraps FPSO order

    14 December 2016
    Infrastructure

    Chevron has canceled the order for an FPSO unit that was slated for the development of the Rosebank field in the UK North Sea. According to Hyundai Heavy Industries, Chevron sent a termination notice on Tuesday, December 13, for the 2.3 trillion Korean Won order. Converted to U.S. dollars, the order was valued at around $1.85 […]

  • Greenpeace strikes again in protest against Shell’s Brent decom plans

    26 August 2020
    Business & Finance, Business Developments & Projects, Environment, Transition

    Greenpeace activists from Germany have launched a protest in the North Sea to call out Shell’s plans to abandon an estimated 11,000 tonnes of oil in the sea.

  • EnQuest lowers oil output forecast amid Kraken FPSO issues

    23 August 2017
    Infrastructure

    UK oil and gas company EnQuest has downgraded its full year oil production forecast amid topside commissioning delays with the Armada Kraken FPSO in the Kraken field, offshore the UK. The Kraken is a large heavy oil accumulation in the UK North Sea, located in the East Shetland basin, to the west of the North […]

  • Wheels are in motion for Rosebank oil project off Shetland

    23 February 2022
    Authorities & Government, Business & Finance, Business Developments & Projects, Project & Tenders, Transition, Vessels

    Wheels are in motion for the Equinor-operated Rosebank project located West of Shetland, one of the largest undeveloped fields on the UKCS.

  • Solan oil tank offloaded (VIDEO)

    8 August 2014
    Equipment

    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 […]

  • UK: Vattenfall, Babcock, Abengoa Launch EPC Wave and Tidal Company Nautimus

    7 May 2012
    Business & Finance

      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 […]

  • Siccar Point reviewing options after Shell abandons Cambo oil project

    3 December 2021
    Authorities & Government, Business & Finance, Business Developments & Projects, Environment, Exploration & Production, Regulation & Policy, Transition

    Siccar Point Energy has confirmed that Shell, its partner in the Cambo development, has taken the decision not to progress its investment.