Offshore news

Designed specifically for scenarios where direct vertical access to a well head is not viable, the new Offset Installation Equipment (OIE) enables capping or related equipment to be installed at a safe distance from an incident.

The contract has been awarded to Alcatel Submarine Networks for permanent reservoir monitoring (PRM) on the Johan Sverdrup field.

The decision authorises the construction of a floating production, storage and offloading (FPSO) vessel, the first new manned installation for Shell in the northern North Sea in almost 30 years.

The two companies have completed the transfer of rights in Lapa and Iara concessions.

The work will be performed with the subsea vessel Havila Subsea from early February onwards.

The consideration for the transactions amounts to US$1.95 billion, including closing adjustments.

Early production from the Catcher field in the North Sea is expected to be approximately 10 000 bpd.

Roxtec UK managing director Clive Sharp said the firm has supplied a range of specialist transits to secure cable entries, building wall penetrations and onshore facilities across the site.

The Petroleum Safety Authority have given Spirit Energy (formerly Centrica E&P Norge) consent to use the Island Innovator mobile drilling facility.

With c.US$102 billion of decommissioning related expenditure forecast to 2040 in Western Europe, it represents a significant opportunity.