Offshore news
Otto Energy: SM71 platform installation complete
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.
DEA awards Dvalin drilling contract to Transocean
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.
UK Budget commentary: North Sea Oil & Gas
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.
Trinity Exploration & Production: sale of West Coast assets update
Trinity has announced that it had entered into a binding sale and purchase agreement to sell its interests in the Brighton Marine and the Point Ligoure - Guapo Bay - Brighton Marine Exploration and Production Licences and related fixed assets.
Dana Petroleum has announced first oil from its Western Isles development in the UK North Sea.
Western Isles (Dana 77% and Cieco 23%) is now producing from the Harris and Barra oilfields in the Northern North Sea, 160 km east of the Shetlands and 12 km west of the Tern field.
INEOS cluster becomes one of the most exciting prospects in British offshore waters
INEOS UK SNS Limited has agreed to take a majority share in two exploration licenses in the Northern Gas Fields West of Shetland which contains the Lyon prospect, from Siccar Point Energy E&P Limited.
Aker BP forms two separate drilling & well alliances
Aker BP ASA has entered into two separate alliance agreements, one with Maersk Drilling and Halliburton for Jack-Ups, and one with Odfjell Drilling and Halliburton for semisubmersibles.
Petrotechnics: Operational Excellence delivering ROI but workplace culture obstructs success
New survey findings from Petrotechnics, the developer of the hazardous industries’ first software platform for operational excellence, reveals that Operational Excellence (OE) remains central to firms’ enterprise-wide strategies and is now delivering tangible results.
Fulkrum announces major expansion in Asia-Pacific
Fulkrum Technical Resources, a global provider of technical personnel specialising in QA/QC, inspection and vendor surveillance services to the energy industry, has expanded its Asia-Pacific business with the launch of an office in Kuala Lumpur.
Craig International secures five-year procurement contract with Premier Oil
Craig International has signed a five-year procurement contract for all Premier Oil’s maintenance and repair operations in the UK North Sea.