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Offshore news

 
 

NPD: The shelf in 2016

Oil and gas production on the Norwegian shelf is high. The adjustment process has been extensive, but the cost reductions implemented by the industry will lay the foundation for profitable activity for many years to come

 

Cooper Energy: Victorian gas assets completion

Cooper Energy reports the acquisition of the Victorian gas assets of Santos Limited announced to the ASX on 24 October 2016 has been completed for all except the 10% interest in the Minerva asset.

 
 
 
 
 

AkerBP: 1 billion barrels produced at Valhall

Valhall and Hod have passed one billion barrels of oil equivalents (oil, gas and NGL) produced – thus more than three times what was expected at the opening of the field in 1982.

 

McDermott awarded offshore EPCI contract from Saudi Aramco

The contract will cover the engineering, procurement, construction and installation (EPCI) of four jackets and three gas observation platforms offshore Saudi Arabia. The total weight of all structures combined is 11 595 t.