Western Europe
News
January 11, 2024
Between 40 and 50 wells are expected to be completed, up from 34 last year, the Norwegian Offshore Directorate said Thursday. More than half of the 23 wildcat wells undertaken last year found hydrocarbons, it said.
News
January 10, 2024
Wood’s Operations business will deliver engineering, procurement, construction and commissioning (EPCC) services to enhance the central processing facility of bp’s Eastern Trough Area Project (ETAP) production hub in the central North Sea.
News
January 09, 2024
The Catcher area produces from 20 subsea wells from the Catcher, Varadero and Burgman fields. The wells are a combination of water injection and production wells, which are tied-back to the BW Catcher FPSO.
Article
December 2023
The UKCS has a substantial number of unused pipelines and reservoirs, but the investment costs remain high. Activity in this area should increase over the medium and longer terms.
News
December 29, 2023
Vår Energi’s net production from the field was 1,500 boed in the first nine months of 2023 and had remaining net reserves 1.9 MMboe at year end 2022.
News
December 26, 2023
Kristian Johansen, CEO at TGS, commented, “This project, for a major energy customer, further highlights the integral role OBN acquisition has in providing our clients improved seismic data quality and help them make better reservoir development decisions.”
News
December 22, 2023
The so-called Extended Continental Shelf covers about 1 million square kilometers (386,100 square miles), predominantly in the Arctic and Bering Sea, an area of increasing strategic importance where Canada and Russia also have claims.
News
December 20, 2023
Wood has been awarded a contract by Dragados Offshore to deliver engineering design and provide regulatory support for the development of three 2GW converter stations that will transfer offshore wind power to Germany's power grid.
News
December 18, 2023
The downtime resulted from a malfunction in new equipment installed during maintenance activities in the previous quarter, causing a deferral of approximately one month in production from the Alvheim area.
News
December 18, 2023
Petrofac has secured an engineering, procurement, construction and commissioning (EPCC) framework agreement with TotalEnergies.
News
December 15, 2023
Odfjell Drilling Ltd. has announced an extension of the firm contract with Aker BP for the Deepsea Nordkapp.
News
December 14, 2023
Linnorm is estimated to contain around 25-30 Bcm of recoverable gas resources. As a comparison, this is more gas than remaining reserves in each of the producing fields Aasta Hansteen, Martin Linge, and Gina Krog.
News
December 13, 2023
The updated recoverable resource estimate for the oil discovery in the Garn, Ile and Tilje formations is between 44 and 75 MMboe, while estimates for the underlying Åre Formation discovery are between 6 and 25 MMboe.
News
December 12, 2023
Located 23 km north of the Gjøa platform, Ofelia Agat and Kyrre will be considered for development as tie-backs to Gjøa.
News
December 05, 2023
About 65% of the overall natural gas resources on the Norwegian Continental Shelf have not yet been produced. Some of the remaining gas resources face a variety of challenges that could complicate production.
News
December 01, 2023
Tommeliten A is a development with two subsea templates in the North Sea tied back to the Ekofisk Complex. The total resource potential is estimated in the range of 120-180 MMboe, mainly comprising of natural gas (approx. 70%) and condensate (approx. 30%).
News
November 30, 2023
As part of a strategic review, Waldorf has “spoken to most of the independents in the UK about how we can get a better risk-adjusted return on our business,” he said during an investor update Thursday.
News
November 24, 2023
A new report shows that deliveries to exploration, operation and modification of Equinor-operated oil and gas fields and onshore plants in Norway exceeded $8.69 billion in 2022, an increase of approximately 13% from the previous year. Over 90% went to Norwegian suppliers.
News
November 22, 2023
(WO) — Celebrating excellence in offshore decommissioning, the OEUK Awards announced the industry leaders on Nov. 21 during a grand gala at the annual Decommissioning Conference in St. Andrews.
News
November 21, 2023
(WO) — Shutting down obsolete North Sea energy installations is a business opportunity worth more than £20 billion ($25 billion) over the next decade, according to calculations by Offshore Energies UK (OEUK).
News
November 20, 2023
Orlen SA agreed to purchase oil and gas producing assets on the Norwegian continental shelf from Kuwait Foreign Petroleum Exploration Co. for $445 million to diversify shipments of natural gas to the eastern European country.