North Sea oil news

Lundin Petroleum AB has announced that its wholly owned subsidiary Lundin Norway AS (Lundin Norway) has completed the Edvard Grieg Southwest appraisal well 16/1-27.

Wood Group has been awarded a contract with Statoil to provide front end engineering design (FEED) to the subsea flowline system of the Snorre Expansion Project in the Norwegian North Sea.

Late life-cycle integrity specialists, Well-Centric and Hunting, have been awarded an approx. £5 million contract for the maintenance, storage and recertification of equipment for a major North Sea exploration and production operator.

Total E&P Norge (Total) has chosen Aptomar’s tactical collaboration and management system, TCMS, to digitalise and manage environmental monitoring and oil spill detection at its Martin Linge field.

Norwegian authorities have approved the PDO of the Trestakk discovery on the Halten Bank in the Norwegian Sea. Investments are calculated at NOK 5.5 billion, almost half of the original estimate.

BP has announced it has agreed to sell its Forties Pipeline System (FPS) business, with assets including the main Forties offshore and onshore pipelines and other associated pipeline interests and facilities, to INEOS.

Audrey MacIver, Head of Energy at Highlands and Islands Enterprise, sets out the rewards the Highlands and Islands is set to reap from major infrastructure investment.

Senior figures from Mexico’s national oil company, Pemex, have been discovering the secrets of the UK subsea sector’s success and how it has revolutionised the way in which hydrocarbons have been extracted from beneath the seabed during a fact-finding visit to Aberdeen.

Aberdeen-headquartered Exceed, a well management and performance improvement specialist, has secured four new North Sea contracts in the first quarter of 2017 with a combined revenue of approximately £5.5 million.

Scott Lehmann, Petrotechnics, states that now article 50 has been triggered, Brexit may well be a silver lining for the UK oil and gas industry.