OneSubsea has announced that it has been awarded an engineering, procurement and construction contract by Statoil to supply the subsea production system for the Utgard gas and condensate discovery in the North Sea.
The company has received a letter of award from TGS-NOPEC Geophysical Company ASA for acquiring 30 000 km2 of 3D multi-client data in Europe.
Global Marine Systems Limited has announced that it has been awarded the renewal of the Atlantic Cable Maintenance Agreement (ACMA). The new contract began on January 1, 2017, and runs for five years, through to December 2021.
Rystad Energy concludes that the 2016 total offshore discovered liquids resources reached only slightly below 2.3 billion bbl, 90% lower than in 2010.
The Norwegian Petroleum Directorate has granted Statoil Petroleum AS a drilling permit for wellbore 6507/3-12, cf. Section 8 of the Resource Management Regulations.
UK Export Finance (UKEF) has announced that it will provide US$400 million in support for a GE Oil & Gas contract with Ghana's Offshore Cape Three Points Project.
Faroe Petroleum has announced that it has been awarded four new prospective exploration licences, including two operatorships, under the 2016 Norwegian APA (Awards in Pre-defined Areas) Licence Round on the Norwegian Continental Shelf.
Baker Hughes and Schlumberger will be awarded the contracts for integrated drilling and well services on the Cat J rigs Askepott and Askeladden. The rigs will perform work at Oseberg and the Gullfaks.
Utgard is a gas and condensate field on Norwegian and UK continental shelf while Byrding is an oil and gas field north of the Troll field.
One year after the licence award Statoil has made an oil and gas discovery close to Norne estimated at between 20 and 80 million bbls.
Cyberhawk Innovations has been recognised as a finalist at the 2017 Offshore Achievement Awards for the categories Safety Innovation and Export Achievement.
Aker BP ASA increases reserves and maintains good results in exploration, drilling and wells, projects and production.
Lee Nicholson, Managing Director of Wakefield Acoustics explains operating in offshore hazardous environments presents significant health and safety challenges, none more so than noise.
JP Chia, Engineering Manager at Trelleborg’s engineered products operation looks at how use of floatover technology can help reduce costs and eliminate downtime.
Hess Corporation announced positive results from the Payara-1 well offshore Guyana, which is the second oil discovery on the Stabroek Block following the world-class Liza oil discovery in 2015.