Fossil Energy
Kvaerner loses Johan Sverdrup bid. Staff cuts imminent
Kvaerner, a Norway-based engineering and construction company providing solutions to the international oil and gas industry, is disappointed by missing out on the Johan Sverdrup platform deck contract. Statoil announced today that the contract for delivery of the Johan Sverdrup drilling topside has
Technip wins subsea contract for Glenlivet project (UK)
Building on the previous award by Total E&P UK of the contract for the Edradour Subsea Development, located approximately 75 km North West of Shetlands in the UK waters, Technip has been awarded an additional scope for the parallel development of the Glenlivet field located nearby. The Glenlivet spe
Aibel to build deck for Johan Sverdrup platform
Today Statoil, on behalf of the Johan Sverdrup partnership, will sign a contract with Aibel for the construction of the deck for the drilling platform on the field. The contract is worth in excess of NOK 8 billion (USD 1.05 billion). The contract includes engineering work, procurement and constructi
Six Maersk AHTS get Rolls-Royce’s anchor recovery frames (Gallery)
Maersk Supply Service has exercised an option to add Rolls-Royce’s new Anchor Recovery Frames (ARF) to the supply contract awarded in December for deck machinery for six high-end anchor handlers under construction at Norway’s Kleven Verft AS. The contract marks the first reference for Rolls-Royce’s
Lundin in Gemini farm-out
Swedish oil company Lundin Petroleum will farm out a 30 percent interest in production licence PL338C, offshore Norway, to Hibiscus Petroleum’s jointly-controlled entity Lime Norway. The production licence contains the Gemini prospect which is currently being drilled with the Island Innovator rig. T
WGMN finishes Valemon hook-up
Wood Group Mustang Norway (WGMN), together with Statoil, has completed hook-up of the Valemon platform in the North Sea on schedule. Valemon, located on the Norwegian continental shelf (NCS), is the second Statoil-operated platform to be put into production in the last nine months. WGMN teamed with
INTECSEA elects Director of UK operations
INTECSEA has announced the appointment of Dave Baker as Director of its UK operations. Baker, who officially joins INTECSEA in April 2015, has extensive global experience and brings with him over 35 years of industry knowledge and expertise, the company said in the press release. Previously with JP
Decommissioning expert: High hopes for Great Yarmouth
Significant job and investment opportunities lay ahead for Great Yarmouth for the next 30 years if it seizes the opportunity now to become a key hub for the forecast £40bn programme to decommission North Sea wells and platforms. The potential to become a major centre for Southern North Sea decommiss
Archer to let go 1.000 workers
Archer Limited, a supplier of drilling and well services, will lay off around 1.000 workers, pressured by the drop in activity and the demand for its services, due the sharp decline in the oil price. Seeing the oil price go down, many of Archer’s customers have decided to significantly reduce their
Statoil starts up Oseberg Delta 2
On February 21, Statoil and its partners started up production from Oseberg Delta 2 in the North Sea. According to Statoil, the field’s recoverable reserves are estimated at 77 million barrels oil equivalent. The field, which is tied back to the Oseberg Field Centre, has been developed using two sub
Talisman gets go-ahead for Snømus drilling
Talisman Energy Norge AS has received consent from the Petroleum Safety Authority (PSA) Norway for exploration drilling of well 15/12-24, in the North Sea. Talisman is the operator for production licence 672 in block 15/12 in the central North Sea. According to the PSA, the company is to drill well
Technip hires Farstad newbuild
Farstad Shipping ASA has signed a Letter of Intent with Technip regarding utilization of the subsea vessel Far tbn Sleipner (2015, Vard 3 07) which is under construction at Vard Langsten. The agreement secures the subsea vessel a utilization of 11 months, divided into two fixed periods. Including mo
DNS begins subsea mattress decommissioning research
Decom North Sea (DNS) has announced a partnership with Zero Waste Scotland (ZWS) and subsea engineering and training firm, Jee Ltd, which will investigate efficient solutions for the recovery of concrete subsea mattresses and re-use, thereby contributing to the circular economy. The project involves
Court approves Repsol-Talisman transaction
Canadian oil company Talisman Energy Inc. has said today that the Court of Queen’s Bench of Alberta granted a final order approving the proposed arrangement under Spain’s Repsol S.A. will take over Talisman. The arrangement was approved by Talisman shareholders at a special meeting of shareholders h