SeaBird Exploration Plc (“SeaBird”) has partnered with Searcher Seismic Pty Ltd (“Searcher Seismic”) on the multi-client 12,000 km Snøspurv 2D high resolution seismic survey covering the Bjarmeland Platform in the Norwegian Barents Sea. The survey is scheduled to commence in Q2 2013 and is estimated
TAP has agreed with the Italian Ministry of Environment to extend the suspension of its Environmental & Social Impact Assessment (ESIA) application in Italy for an additional nine months – until September 2013. As part of its commitment to an open and transparent ESIA disclosure process, TAP launche
The power cable Cobra between Denmark and the Netherlands is to be delayed by one year, Energinet.dk announced. Energinet and its Dutch partner TenneT Holding BV planned to complete the cable by 2016, but the plans are delayed until 2017, Bloomberg reports. Danish Energy Association chief consultant
Reef Subsea Dredging & Excavation announced that they have recently completed a fast track project for A/S Norske Shell on the Ormen Lange Mid North Development. From the initial seabed preparation contract, the company was awarded significant additional work on the project which lasted six months t
Centrica Energi has received consent to use the facilities on the Vale field beyond the original planned lifetime. Vale is a gas condensate field located in block 25/4 in the central part of the North Sea, approx. 16 km north of Heimdal, at a depth of 115 metres. The field was developed with a subse
BP announced that, as part of its decision to market its stakes in non-operated North Sea assets, it has agreed to sell its interest in the Sean gas field in the UK North Sea to SSE plc for $288 million in cash. The sale comprises BP’s non-operated 50 per cent stake in Sean. Completion of […]
The Department of Energy and Climate Change has approved the Western Isles project which will develop two discovered oil fields called Harris and Barra in the Northern North Sea, 160km east of the Shetlands and 12km west of the Tern field. The nine-well Western Isles development is expected to produ
Stork Technical Services Subsea, the subsea division of the leading global provider of knowledge-based asset integrity management services for the oil and gas, chemical and power sectors, today announces the opening of a dedicated operational hub at Stork’s UK headquarters in Aberdeen. Stork Subsea
Scotrenewables Tidal Power Limited announces that it has agreed terms in respect of a major financing package totalling £8.84m which includes £1.24m in public funding from the Scottish Government as well as £7.6m in private investment from a trio of multinational backers. The deal will see both of S
Reef Subsea announced today that one of its Norwegian subsidiaries, Reef Subsea Norway, has been awarded a major contract by Statoil for the full seismic system installation of the Grane field offshore Norway. The contract – worth over 200MNOK (over £22M) – will see all capabilities of the Reef Subs
A North-east based reservoir engineering company has successfully completed a major reservoir-modelling project for an oil field reopened by an international firm following more than ten years of shutdown. Oilgen, which specialises in producing high-tech field history matching to forecast and improv
Pipeline engineering specialist, STATS Group, has completed an isolation project on a 16” subsea pipeline in the Dutch sector of the North Sea on behalf of Wintershall Noordzee BV. The isolation enabled the client to disconnect a flexible gas export pipeline so it could be replaced with a new rigid
ABB, the leading power and automation technology group, has won an order worth around $130 million from Kraftnät Åland AB to supply a new power transmission link between the Finnish mainland and Åland. The high-voltage direct current (HVDC) transmission system will be capable of transmitting 100 MW
John Wood Group PLC (“Wood Group”) issues the following pre-close trading update for the year to 31 December 2012. Full year results will be announced on 5 March 2013. Overall, conditions in energy markets remain favourable. The Group expects to deliver good growth for the year in line with expectat