Norway’s oil and gas production fell behind the Norwegian Petroleum Directorate’s predictions in November 2022.
Sembcorp Marine has completed the delivery of the Deepwater Titan drillship, the world’s second 8th-generation drillship, to Transocean’s subsidiary Triton Titan. Following the delivery, Deepwater Titan is scheduled for deployment on a five-year contract in the U.S. Gulf of Mexico. According to Semb
TotalEnergies’ unit in Gabon has signed a new exploitation and production sharing contract with the Gabonese government, as well as a deal to extend the Establishment Agreement. TotalEnergies EP Gabon has signed with the government an agreement relating to the rearrangement of certain provisions of
Oil and gas company Neptune Energy and offshore wind developer Ørsted have partnered up to explore powering new integrated energy hubs in the UK North Sea with offshore wind-generated electricity. The two parties and Goal7 have signed a Memorandum of Understanding (MoU) to examine the potential to s
Norwegian oil and gas company OKEA has signed a sale and purchase agreement (SPA) with compatriot DNO Norge to enter into the Brasse license in the northern North Sea. The aim of the partnership is to undertake a fast-track, low-cost review to assess whether a value accretive development concept can
The crane on the process module at Tyra II has been put into permanent use, representing a milestone in the hook-up and commissioning campaign of the field redevelopment project in the Danish North Sea. Norwegian Energy Company (Noreco) reported on 23 December that the crane on the process module (T
The Njord field in the Norwegian Sea has commenced production again, following an extensive six-year upgrade of the platform and the floating storage and offloading vessel (FSO). Production from the Njord field resumed at 16:30 on 27 December, extending the planned field life for another 20 years. C
German oil and gas company Wintershall Dea is set to implement AGR Software’s iQx time and cost estimation and tracking software for its drilling and well projects in Norway. According to Wintershall Dea, the development will play a role in enabling greater standardization for its well and drilling
UK-headquartered IOG plc is planning to drill the second Blythe production well directly after the Southwark A1 well in the first half of 2023 as part of the Saturn Banks Project – Phase 1 in the UK Southern North Sea. In an announcement from 22 December, IOG stated that all subsea work had been com
Allseas has won a contract with Aker BP for the delivery of offshore transport and installation (T&I) services for a new processing platform topsides facility with well bay area and living quarters. Allseas will provide offshore T&I services for the Hugin A PdQ, formerly NOA PdQ, processing platform
Lime Petroleum, a Norwegian subsidiary of Singapore’s Rex International, has completed the acquisition of a stake in the Repsol-operated Yme field located offshore Norway. Lime Petroleum entered into a sale and purchase agreement with Kufpec Norway in August for the acquisition of a 10 per cent inte
Two European gas trading companies have been fined a total of €4.8 million by the Spanish National Markets and Competition Commission (CNMC) for failing to comply with the LNG unloading programs in Spanish regasification companies. On 22 December, the CNMC informed it had sanctioned RWE Supply & Tra
Norwegian oil and gas company Vår Energi has made what is said is the “largest discovery of the year” in the Goliat area in the Barents Sea offshore Norway. Vår Energi confirmed on 23 December the discovery of gas in its operated 7122/9-1 T2 Lupa well. Preliminary estimates of the size of the discov
Aker Solutions has won a contract from Wintershall Dea to provide the subsea production system for the Dvalin North development offshore Norway, shortly after the plan for the development and operation (PDO) of the gas field was submitted. The Dvalin North gas field is located around 200 kilometers
