Offshore news

The findings of the 27th Oil and Gas survey, conducted by Aberdeen & Grampian Chamber of Commerce, reveal that 49% of contractors surveyed are more optimistic about their activities in the current year, up from 38% since the spring survey.

The Icemann gangway system has reached a milestone 10 000 transfers since its arrival in Eastern Russia to transfer personnel working on offshore platforms under the Sakhalin-2 project.

Global subsea equipment specialists, Ashtead Technology, has strengthened its leadership team with the appointment of Steven Thrasher as regional vice president for the Americas.

Otto Energy Limited has announced that the Ensco 68 independent leg jack-up drilling rig arrived on location at South Marsh Island Block 71 and is now pre-loaded and jacked up to working height over the SM 71 F platform.

The Iris/Hades (Aerosmith) well is located in the Halten Terrace, some 200 km offshore in the Norwegian Sea and adjacent to the producing Morvin and Aasgard fields.

Lundin Norway AS, operator of production licence 533, is in the process of completing the drilling of wildcat wells 7219/12-2 S and 7219/12-2 A.

The well is anticipated to take 20 - 25 days to drill and complete. If successful the well is anticipated to be completed, flow tested and connected to the existing infrastructure.

The Tetra Hedronderrick barge has de-mobilised off location after successfully placing the jacket and decks over the SM 71 F1 well (drilled in 2016) and securing the structure with pilings.

Transocean Norway Operations AS with the drilling rig Transocean Arctic is awarded the contract to drill production wells at the Dvalin field in the Norwegian Sea.

Bob Ruddiman, Head of Oil and Gas at legal firm Pinsent Masons, welcomed Chancellor Philip Hammond’s Budget concessions on Transferable Tax Histories for North Sea oil and gas operators.