Drilling & production

Statoil and the PL602 partners have made an important gas discovery in the Aasta Hansteen area.

The company is aiming for a turnover of £16 million in 2019.

Rystad Energy’s latest research indicates that 88 units within the floater market will have to be taken out between 2015 and 2017, making it the largest ever retirement cycle in the history of offshore drilling.

Gobbler Boats’ Offshore 290 has been fitted with a Dometic Turbo air-conditioning unit and a Dometic Breathe Easy Air Purifier, making a safe vessel for its crew.

New risk-based approach to P&A could save the oil and gas industry US$32 billion.

Fjords Processing is honored by General Electric though its Excellence in Customer Centricity award.

LGO Energy’s Well GY-674 has reached total depth and plans continue for future development.

Ziebel’s Z-Line® composite fibre optic sensing campaigns provide well diagnostics for Statoil.

Why Alaska is a challenging environment for crude oil production

Pressure is growing on governments to adjust upstream fiscal terms in response to the low oil price, as highlighted by Wood Mackenzie.

Plans include acquistion of 6000 km2 of seismic data.

Statoil (UK) Limited has awarded the contract for production chemicals and services for the Mariner field to Baker Hughes Limited in the UK.

Industry observers expect low oil prices to eventually take supply out of the market and drive a price correction.

The contracts are worth more than NOK 4.35 billion.

Cubility AS is set to provide the MudCube® solution to Statoil for installation on the Johan Sverdrup field.