Today Statoil, on behalf of the Johan Sverdrup partnership, will sign a contract with Aibel for the construction of the deck for the drilling platform on the field. The contract is worth in excess of NOK 8 billion (USD 1.05 billion). The contract includes engineering work, procurement and constructi
Swedish oil company Lundin Petroleum will farm out a 30 percent interest in production licence PL338C, offshore Norway, to Hibiscus Petroleum’s jointly-controlled entity Lime Norway. The production licence contains the Gemini prospect which is currently being drilled with the Island Innovator rig. T
Wood Group Mustang Norway (WGMN), together with Statoil, has completed hook-up of the Valemon platform in the North Sea on schedule. Valemon, located on the Norwegian continental shelf (NCS), is the second Statoil-operated platform to be put into production in the last nine months. WGMN teamed with
Archer Limited, a supplier of drilling and well services, will lay off around 1.000 workers, pressured by the drop in activity and the demand for its services, due the sharp decline in the oil price. Seeing the oil price go down, many of Archer’s customers have decided to significantly reduce their
Talisman Energy Norge AS has received consent from the Petroleum Safety Authority (PSA) Norway for exploration drilling of well 15/12-24, in the North Sea. Talisman is the operator for production licence 672 in block 15/12 in the central North Sea. According to the PSA, the company is to drill well
Songa Offshore’s semi-submersible drilling rig Songa Dee was on a scheduled special periodic survey (SPS) at Invergordon Scotland from August 24, 2014 till November 16, 2014. Songa Offshore has said today in its Q4 2014 report that the yard stay costs were $105 million in comparison to a planned bud
The Petroleum Safety Authority (PSA) Norway has resolved to investigate an incident where a person fell overboard from Scarabeo 8 on the Goliat field in the Barents Sea on February 20, 2015. After being recovered by the Esvagt Aurora, the person involved was sent to Hammerfest Hospital with minor in
Songa Offshore has agreed upon final delivery dates for Cat D rigs with South Korea’s shipbuilder Daewoo Shipbuilding & Marine Engineering (DSME). To remind, Statoil awarded the contract for construction of two Cat D rigs to Songa in 2011 and they were scheduled for delivery in 2014. The second orde
BP’s attempt to reduce a maximum fine for the Deepwater Horizon oil spill under the Clean Water Act has fallen on deaf ears. In a ruling brought by the U.S. District Court Eastern Disctrict of Louisiana, Judge Barbier agreed with the U.S. government’s position that the maximum penalty should be $4,3
Rowan Companies, a Houston-based drilling contractor, will shut down another rig. This time it is the Rowan Louisiana jack-up drilling rig. In its fleet status report issued this week the company has said it is preparing the rig for cold stacking, meaning the rig will be idled, crew let go, and all
Maersk Oil has decided to plug and abandon exploration well 6406/6-4 in the PL 510 licence, in the Norwegian Sea. According to North Energy, a partner in the licence, the decision follows a period of difficulties in a liner setting covering the intermediate part of the well, named the Tvillingen Sou
Transocean Cepheus, Transocean Cassiopeia, Transocean Centaurus, Transocean Cetus and Transocean Circinus are five jack-up drilling rigs to be built by Singapore’s Keppel yard for Transocean, a drilling contractor. However, in its fleet status report dated February 17, the Swiss-based offshore drill
Canadian Natural Resources International (CNR) oil company has evacuated oil workers from its offshore platform in the UK North Sea. According to Evening Express, the company yesterday removed workers from the Ninian Central Platform, located around 249 nautical miles from Aberdeen. The newspaper ha
The Petroleum Safety Authority (PSA) Norway has decided to initiate an investigation following a hydrocarbon leak on the Gudrun field in the North Sea on February 18, 2015. The hydrocarbon leak on the Statoil-operated Gudrun field occurred at 06:40 on Wednesday, February 18. Production was then shut
