News

  • OE 2019: Apache extends North Sea life-of-field contracts

    Apache Corporation has reported that its North Sea subsidiaries have awarded life-of-field contract extensions to PD&MS Group, Global E&C, and Wood Commissioning Services.   The life-of-field contract extensions cover the provision of ad-hoc design, engineering, procurement, construction, and commissioning services across the Beryl and Forties…

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  • Prosafe-Floatel merger raises competition concerns in UK

    The proposed merger between offshore accommodation firms Prosafe and Floatel has suffered a setback in the UK, as the UK competition authority has found the merger would raise competition concerns in the supply of offshore accommodation.   As previously reported, the proposed merger, if realised,…

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  • Schlumberger unveils high-definition dual-imaging-while drilling service

    Schlumberger has introduced the TerraSphere high-definition dual-imaging-while-drilling service at SPE Offshore Europe.   The new service is said to provide the industry’s first application of a logging-while-drilling dual-physics imager for all oil-based mud systems.   It incorporates electromagnetic and ultrasonic measurements which enable multiple high-resolution…

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  • Launch of the giant Arctic LNG 2 development

    Total, Novatek and the other project shareholders have approved the final investment decision (FID) for Arctic LNG 2, a major liquefied natural gas development located on the Gydan peninsula, Russia.   The project will have a production capacity of 19.8 million tons per year (Mt/y)…

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  • UK Offshore Poised for Comeback

    The UK offshore scene is poised for a timely comeback.   That is according to independent energy research and business intelligence company Rystad Energy, which made the statement in a post on its website on the 3rd September.   In the post, Rystad revealed that…

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  • Equinor brings online first tie-back to Aasta Hansteen field

    Norway’s Equinor and its partners started production from the Snefrid Nord gas field, the first discovery tied back to the Norwegian Sea Aasta Hansteen field, on the 1st September.   Aasta Hansteen was developed using the world’s largest and Norway’s first spar platform.    The…

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