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Oil & Gas

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Illustration; Source: Bureau Veritas
Oil & Gas

UK’s oil & gas windfall tax hike – Coup de grace or boon for North Sea jobs and upstream investment?

How can the UK put all the puzzle pieces together to cultivate a sweet spot in an uncertainty-ridden backdrop of energy investment in the North Sea?

14 minutes read
Load out and sail away of the N05-A topside and jacket; Source: HSM Offshore
Oil & Gas
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Heerema’s barge hauls topside and jacket from Dutch yard for installation at North Sea gas field (Video)

Heerema Marine Contractors (HMC) is in the process of transporting the topside and jacket to their designated site in the North Sea, where the installation activities will take place at a gas field, operated by One-Dyas.

about 2 years ago
Shell's Appomattox platform in Gulf of Mexico; Source: Shell
Oil & Gas

Shell hands out multi-year commissioning assignment to Kent across oil & gas and new energy projects

Shell has hired Kent on a global long-term enterprise framework agreement (EFA) for commissioning and start-up services (CSU) across various onshore and offshore projects.

about 2 years ago
CSV Edda Freya; Source: DeepOcean
Oil & Gas

BP puts UK field in rearview mirror as DeepOcean’s vessel pulls largest SSIV out of North Sea (Gallery)

DeepOcean has tucked a new decommissioning milestone under its belt by removing what has been deemed to be the largest subsea isolation valve (SSIV) in the North Sea.

about 2 years ago
Modelling CO2 injection; Source: Kongsberg Digital
Oil & Gas

Canadian integrated CCS solution enhancing North Sea carbon storage project

Sval Energi has selected a comprehensive carbon capture and storage (CCS) solution developed by Canada-based Computer Modelling Group (CMG) for one of its CO2 transportation and storage projects in the Norwegian North Sea.

about 2 years ago
Argus project; Source: north.io
Oil & Gas

Coming to grips with security risks: Germany backs project for keeping critical subsea infrastructure out of harm’s way

Given the worldwide rise in threats to energy and other underwater industries’ infrastructure such as offshore installations, pipelines, and cables, many countries, especially in Europe, have been upping their security ante to prevent further attacks.

13 minutes read
Wearable device; Source: Salunda
Oil & Gas

BP handpicks red zone monitoring tech for North Sea well intervention ops

Salunda, a UK-headquartered firm specializing in red-zone safety monitoring technology, has inked a deal with energy giant BP to install its monitoring solution on the latter’s North Sea assets.

about 2 years ago
Illustration; Source: Trillion Energy
Oil & Gas

End of perforation ops at Black Sea field spurs hopes for higher gas output post-tubing installation

Following perforation ops, Trillion Energy is anticipating a ramp-up in gas production once it wraps up the installation of velocity strings.

about 2 years ago
Clipper platform in the North Sea; Source: Viaro Energy
Oil & Gas

Shell and ExxonMobil downsize North Sea portfolio enabling British firm to snap up giant gas-producing assets in UK

Viaro Energy is expanding its gas footprint by taking over a 100% working interest in the UK Southern North Sea assets from Shell and ExxonMobil.

about 2 years ago
FSRU Prometheus; Source: COSCO Shipping
Oil & Gas

Potential procurement violations prompt probe into Cyprus’ LNG terminal

The European Public Prosecutor’s Office (EPPO) in Nicosia, Cyprus has launched an investigation into the country’s liquefied natural gas (LNG) import terminal project due to suspected procurement fraud, misappropriation of European Union (EU) funds, and corruption.

about 2 years ago
Illustration; Source: Saipem
Oil & Gas

Saipem and Curtiss-Wright enrich subsea playbook with new all-electric tool to prolong oil & gas assets’ life

Saipem has pooled resources with Curtiss-Wright to bring into play an all-electric seabed barrier fluid-less pump, marking a new milestone for the subsea applications toolbox.

about 2 years ago
Valaris 123 jack-up rig; Source: Valaris
Oil & Gas

Shell spins the drill bit in North Sea with Valaris rig

Shell has embarked on drilling operations at a high-impact gas prospect in the UK sector of the North Sea with a jack-up rig, owned by Valaris.

about 2 years ago
ETAP facility in the North Sea; Source: BP
Oil & Gas

BP gives multimillion-dollar job on North Sea oil & gas project to Subsea7 and OneSubsea

Subsea Integration Alliance, a strategic alliance between SLB’s OneSubsea and Subsea7, will handle work at BP’s subsea tie-back in the North Sea.

about 2 years ago
Ocean Apex rig; Source: Diamond Offshore
Oil & Gas

Noble-Diamond Offshore merger process is off to a good start: Will it prompt further rig market consolidation moves?

With two of the world’s top five floating rig contractors merging into one, the market consolidation trend is ripe for further such moves, bringing the possibility of transformation endeavors in existing business models and a potential shift in offshore rig supply and demand dynamics.

about 2 years ago