Search results for: Suncor

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  • 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 […]

  • 30 November 2016

    UK’s Centrica has decided to sell all of its gas fields offshore Trinidad & Tobago to Shell. In a statement on Tuesday, Centrica said Shell would buy its entire portfolio of gas assets, located offshore the Caribbean Country, for an initial cash consideration of $30 million (£24 million). The assets consist of a 17.3 per […]

  • 30 November 2016
    Project & Tenders

    UK’s Centrica on Wednesday informed it has agreed to sell its entire portfolio of gas assets in Trinidad and Tobago to Shell Exploration and Production for an initial cash consideration of US$30 million (£24 million).

  • 30 November 2016
    Operations & Maintenance, Research & Development

    Partners in the Oda field, previously named Butch, located in the North Sea licence PL 405, have submitted its Plan for Development and Operation (PDO) to the Norwegian Ministry of Petroleum and Energy. The Oda field was discovered in 2011, in the Norwegian North Sea, in shallow water approximately 13 kilometers east of the producing […]

  • 30 November 2016
    Project & Tenders

    Partners in the Oda field, previously named Butch, located in license PL 405 in the North Sea, have submitted the plan for its Development and Operation (PDO) to the Norwegian Ministry of Petroleum and Energy. The Oda partnership includes Centrica Norge (operator 40%), Suncor Energy Norge (30%), Aker BP (15%), and Faroe Petroleum (15%). The […]

  • 25 October 2016
    Business & Finance, Exploration & Production

    Offshore drilling contractor Transocean has been awarded several new contracts for its rigs in the UK North Sea as well as a new contract off Canada.   According to Transocean’s latest fleet status report on Monday, the 1983-built semi-submersible Sedco 712 has been awarded a 16-well contract in the U.K. sector of the North Sea […]

  • 24 October 2016
    Business & Finance

    Oil and gas services company Wood Group has secured a five-year contract to provide engineering, procurement, construction and maintenance services to the Hibernia platform, offshore Newfoundland. According to Wood Group’s press release on Monday, the contract was awarded by Hibernia Management and Development Company Ltd. (HMDC) and it will be executed by Wood Group’s Eastern Canada […]

  • 3 October 2016
    Exploration & Production

    Offshore driller Transocean Ltd. has secured a contract for its harsh-environment semi-submersible drilling rig Transocean Barents. The ultra-deepwater floater, has been awarded a 15-month contract with Suncor Energy for drilling operations offshore Canada. The rig will be on a dayrate of $260,000. The estimated contract backlog, excluding mobilization, is $119 million. According to the driller’s […]

  • 3 October 2016
    Business & Finance, Operations & Maintenance

    Aker BP has reached an agreement to acquire working interest in eight licenses from Tullow Norge. The transaction will see Aker BP strengthen its position in areas surrounding the Ula, North of Alvheim, Skarv and the Krafla/Askja areas. Furthermore, the transaction includes 15 percent in the Oda (previously known as Butch) discovery in PL 405. […]

  • 21 September 2016
    Exploration & Production, Project & Tenders

    Oil major Royal Dutch Shell has failed to find commercial hydrocarbons at its first exploration well in the Shelburne Basin offshore Canada.  The Shelburne Basin deepwater exploration project is located approximately 250 kilometers offshore, south of Halifax, Nova Scotia. Shell submitted a successful bid for the area in 2012, and the Shelburne Basin Venture Exploration Drilling […]

  • 21 September 2016

    Thirty-three oil companies have applied for exploration acreage offshore Norway as part of this year’s licensing round, the APA 2016, comprising the predefined areas with blocks in the North Sea, the Norwegian Sea, and the Barents Sea.  This year’s oil and gas exploration licensing round, expanded by 24 blocks in the Norwegian Sea and 32 blocks […]

  • 15 September 2016
    Exploration & Production

    Wintershall Norge is in the process of completing the drilling of four wells near the Vega field in the North Sea, offshore Norway. The company has made a minor oil discovery.  The four wells are located in the production license 248 F where Wintershall is the operator. The wells are wildcat well 35/11-20 S, the appraisal […]

  • 7 July 2016
    Exploration & Production, Project & Tenders

    Oil & gas, exploration and production company Tullow Oil has completed drilling of the exploration well 16/5-6 on the Rome prospect in the Central North Sea, offshore Norway.  Tullow informed on Thursday that the well, located in the production licence 776, did not encounter any hydrocarbons and will now be plugged and abandoned. Tullow’s Norwegian […]

  • 6 July 2016
    Exploration & Production

    The Norwegian Petroleum Directorate has granted Wintershall Norge a drilling permit for well 35/11-20 A, in the North Sea offshore Norway.  The well 35/11-20 A will be drilled from the Borgland Dolphin drilling rig, after completing the drilling of wildcat well 16/5-6 for Tullow Oil Norge in production licence 776. Recently, Dolphin Drilling, the operator […]

  • 29 June 2016
    Exploration & Production

    Offshore drilling contractor Dolphin Drilling has reportedly announced a round of layoffs that will affect over 150 employees.  According to Offshore.no, a Norwegian-language website covering the country’s offshore oil and gas industry, the reduction will affect just under 140 offshore and 25 onshore employees. The news website further said this is related to Borgland Dolphin drilling rig that is […]

  • 15 June 2016
    Business & Finance

    Parker Drilling, a provider of contract drilling and drilling-related services, has reportedly been awarded a contract by Hibernia Management and Development Company (HMDC) for the drilling services on the Hibernia platform, offshore Canada. Hibernia is an oil field in the North Atlantic Ocean, approximately 315 kilometres east-southeast of St. John’s, Newfoundland, Canada, in 80 m […]

  • 13 June 2016
    Equipment

    Offshore and maritime classification society DNV GL has launched a guideline which “trashes unnecessary subsea documentation.” According to DNV GL, customer-case shows potential for a 40% reduction in engineering hours on subsea paperwork, and up to 80% less documentation. The guideline “Technical documentation for subsea projects” details a required minimum set of documentation transferred between […]

  • 13 June 2016
    Business & Finance, Equipment, Research & Development

    A two-year cross-industry project led by DNV GL has delivered a publicly available Recommended Practice which can reduce the amount of subsea documentation and enable documentation reuse in a typical subsea field development project. DNVGL-RP-O101 ‘Technical documentation for subsea projects’ details a required minimum set of documentation transferred between E&P companies, operators and contractors for the construction, […]

  • 9 June 2016

    By Alex Lawler LONDON (Reuters) – Britain’s North Sea Buzzard oilfield, which helps price global crude exports and in the past was beset by unplanned outages, has had a smooth year, industry sources said, boosting supply of crude that underpins the Brent benchmark. Unplanned shutdowns at the British field can boost Brent prices and lead […]

  • 12 May 2016

    A fire broke out this week aboard the Hibernia platform, offshore Canada. According to Canadian safety authority Canada-Newfoundland and Labrador Offshore Petroleum Board (CNLOP) the incident involved a flame originating from under the insulation of a high pressure cleaning unit on the Hibernia Platform. “On May 9 at approximately 7:30 a.m., two workers observed the flame and […]

  • 4 April 2016

    Hibernia Management and Development Company (HMDC) has reported a high potential near miss on the Hibernia platform offshore Canada.  The shareholders of HMDC are: ExxonMobil Canada (33.125%), Chevron Canada Resources (26.875%), Suncor (20%), Canada Hibernia Holding Corporation (8.5%), Murphy Oil (6.5%) and Statoil Canada (5%). According to Canada-Newfoundland and Labrador Offshore Petroleum Board, an agency […]

  • 19 January 2016

    Norwegian Ministry of Petroleum and Energy has offered 56 exploration licenses on the Norwegian Continental Shelf (NCS) in its latest licencing round.   The Awards in Pre-defined Areas 2015 (APA 2015) licensing round opened in April 2015 and a deadline for application was September 2, 2015. The offers are being issued following the authorities’ assessment of applications from 43 […]

  • 10 December 2015
    Exploration & Production, Project & Tenders

    Wintershall Norge AS, operator of production licence 248, is in the process of completing the drilling of a wildcat and appraisal well, in the Norwegian sector of the North Sea.  According to the Norwegian Petroleum Directorate (NPD), the wildcat well 35/11-18 and the appraisal 35/11-18 A have been drilled approx. four kilometres west of the Vega Sør […]

  • 30 October 2015

    The oil sector is slipping into the red after years of fat profits as the steep slump in oil prices shows little sign of ending, with this quarter shaping up to be the worst since the downturn started.

  • 21 October 2015
    Operations & Maintenance

    Butch discovery operator, Centrica Energy Norway, and partners have decided that Butch will be developed as a subsea tie-in to the Ula field.  With the selected subsea tie-in concept the Butch well stream will be transported to the BP operated Ula platform where processing will be performed. The Butch oil will be exported via the Ula […]