Oil services company Archer Ltd has been awarded a three-year contract by Apache for the provision of platform drilling management services which include operations and maintenance on the Forties and Beryl fields in the UK North Sea. This will include the Forties Alpha, Bravo,…
On behalf of its client Bakker Sliedrecht, subsea technology company Seatools has completed the development, manufacturing, and testing of two 250-litre subsea pressure compensators. The compensators will be applied to 1.7-MW submersible electric motors installed on a new hopper dredger currently constructed by Wenchong Shipyard…
In connection with the Award in Predefined Areas (APA) for 2017 Statoil has been offered interests in 31 exploration licences on the Norwegian continental shelf (NCS), 17 of these as operator, and 14 as a partner. “The NCS is the core of Statoil’s business, and…
Beach Energy Ltd, Adelaide, has made a gas field discovery in the onshore Otway basin of South Australia with the deviated Haselgrove-3 ST1 well in production licence PPL62 about eight kilometres south of Penola. The wholly owned Beach permit is on state forestry land…
BP raised the amount it will pay this year for the Deepwater Horizon accident as thousands of lawsuits related to the biggest oil spill in US history start to wind down. The 2010 explosion at a well in the Gulf of Mexico threatened BP’s…
Premier Oil, the London-listed oil and gas company, has announced that the sanction of the Tolmount offshore field development project remains on track for 2018. Premier said in its trading and operations update on the 11th January that the offshore and onshore front-end engineering…
Vroon Offshore Services and Ampelmann have joined forces to deploy a Walk to Work (W2W) solution for the Arkona offshore wind farm, located in the German Baltic Sea. Vroon’s VOS Stone vessel, the newest addition to its offshore-support fleet, will be mobilised with an…
Russian gas giant Gazprom said on the 15th January that it plans to invest 182.4 billion roubles (US$3.2 billion) this year in the TurkStream pipeline project and another 114.5 billion roubles in Nord Stream 2. Moscow, dependent on oil and gas revenues, sees the…
Ineos Oil & Gas has organised its holdings into six business units. The division of chemical giant Ineos, London, has grown rapidly through acquisitions in the North Sea and UK onshore since 2015. The new units are: Ineos Oil & Gas Denmark, with offices…
ExxonMobil announced on the 15th January that it has encountered hydrocarbons after drilling the onshore P’nyang South-2 well, located in the Western Province of Papua New Guinea. “We are currently evaluating the well results and together with our co-venture partners will assess the P’nyang…
