Elaine Maslin surveys some of the heavy oil field developments in the UK Continental Shelf, plus some of the technology aimed at unlocking it. The Pilot area. Image from The Steam Oil Co. Heavy…
Offers for 56 new production licenses on the Norwegian continental shelf are being made to 29 companies, 17 of which are operators. The offers are being made after 33 companies applied in the Norwegian Petroleum Directorate's (NPD) the Awards in Predefined Areas (APA) 2016…
Hyperdynamics Corp. says it is set to target Guinea's 'vast and largely untested hydrocarbon potential' after having its production sharing contract (PSC) offshore Guinea extended. The company is obligated to drill one exploratory well with a projected commencement date of April 2017…
Norway's Det norske, which is due to become Aker BP, is set to drill an exploration on the Rovarkula prospect in the Norwegian sector of the central North Sea. The 25/10-15 S wildcat well will be drilled from the Maersk Interceptor jackup…
Optimarin has won a contract to install its Optimarin Ballast System (OBS) on Østensjø Rederi’s Edda Fides, the world’s only purpose built monohull accommodation vessel. The Norwegian ballast water treatment (BWT) specialist secured the…
Norway's latest awards in predefined areas (APA) round was announced today, with some 56 licenses offered to oil firms. Duncan John, Partner at consultancy StrategicFit, offers his views. This APA round has shown that appetite for exploration in Norway has been resilient to low oil prices…
Abu Dhabi National Energy Company PJSC (TAQA) announced first oil from the new Cladhan field development in the UK North Sea on 29 December. The field was developed as a subsea tieback to the TAQA-operated Tern Alpha platform. Peter Jones…
We’re in tough times, but that also means there’s an opportunity to seek new solutions, according to Proserv’s David Lamont. Elaine Maslin went to hear the CEO’s views. Lamont. In 1982…
Bestobell Marine, a manufacturer of cryogenic valves, has secured an order for its cryogenic globe and check valves for the second LNG carrier in the Yamal series of vessels being built at DSME shipyard in South Korea. After successfully…
Classification society ClassNK has commenced verification tests of its condition-based monitoring (CBM) system ClassNK CMAXS e-GICSX for Mitsui’s MAN B&W engines. The system is being jointly developed by ClassNK, Mitsui Engineering & Shipbuilding Co…
Five companies have been named as new North Sea player MOL Energy's collaborative partners, as part of an alternative approach to supply chain management championed by the firm's UK managing director. MOL says that after putting into…
Hungarian exploration outfit MOL Group has completed a deal with UK independent Ithaca Energy, giving it its first step into the Norwegian offshore sector. MOL has bought Ithaca's Norwegian subsidiary, which has stakes in 14 licenses…
Oil & Gas UK announced a number of appointments of member company representatives to its board. In addition to the new members joining the board, existing board member Neil McCulloch, president North Sea, of Enquest, is named as the new vice chair representative for the operator community…
Bruce Crager profiles some of the floating production vessels already being used offshore Mexico, and highlights what is yet to come. FPSO Yùum K’ak’Náab is currently operating in the KMZ oilfield in the Bay of Campeche…
Hungarian exploration outfit MOL Group has made its first step into the Norwegian offshore sector, purchasing the Norwegian assets of UK-based North Sea exploration and production firm Ithaca Energy. Ithaca will sell its Norwegian assets…