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NEWS |
Maersk Invincible Plugs Valhall Wells
Jack-up drilling rig Maersk Invincible has completed a plug and abandonment (P&A) program of wells at the Valhall field center in the Norwegian sector of the North Sea ahead of schedule, operator Aker (...)
NEWS |
Aker BP granted drilling permit for well 24/9-13 in production licence 869
The Norwegian Petroleum Directorate has granted Aker BP ASA a drilling permit for wildcat well 24/9-13, cf. Section 15 of the Resource Management Regulations.
NEWS |
Deals and M&As this week: Bilfinger, Idemitsu Kosan, Cue Exploration
Bilfinger has been awarded a contract by Aibel to continue to perform work at the Johan Sverdrup oil field operated by Equinor in the Norwegian North Sea.
NEWS |
Aker BP: safe and effective plugging of wells at Valhall
Maersk Invincible has completed the plug and abandonment (P&A) programme of wells at the Valhall field centre much sooner than planned, with no harm to people, equipment or the environment – and zero (...)
NEWS |
CIMC Raffles awarded BP contract
CIMC Raffles confirmed it has been awarded work on the Tortue-Ahmeyim floating liquefied natural gas project off Mauritania and Senegal.
NEWS |
BP profits double on higher prices and new oil fields
Profits at oil giant BP more than doubled in the third quarter, boosted by stronger oil prices and higher production from new oil fields.
NEWS |
Well liked chef dies at Clair Ridge project
Graeme Calder (55) died on the Safe Caledonia accommodation platform, near the BP west of Shetland oil and gas development. Mr Calder, who passed away on Monday, was from Buckie in Moray.
NEWS |
BP and Shell secure approval for Alligin development
BP and Shell have secured approval from the Oil and Gas Authority (OGA) to proceed with the Alligin development west of Shetland in the UK North Sea.
NEWS |
Aker BP continues delineation of Gekko discovery in North Sea
Aker BP, operator of production license 203, and its partners are considering tie-back of its Gekko oil and gas discovery well (25/4-3) in the North Sea to the Alvheim floating production, storage, an (...)
NEWS |
BP starts up Thunder Horse Northwest Expansion
The company announced that it has started up the Thunder Horse Northwest Expansion project in the deepwater Gulf of Mexico, four months ahead of schedule and 15% under budget.
NEWS |
Equinor to sell stake in King Lear gas discovery to Aker for $250m
Equinor has reached an agreement to offload its 77.8% operated interest in the King Lear gas discovery on the Norwegian Continental Shelf (NCS) to Aker BP for a cash consideration of $250m.
NEWS |
Equinor focuses NCS portfolio through sale of non-core discovery
Equinor has signed an agreement with Aker BP to sell its 77.8% operated interest in the King Lear discovery on the Norwegian Continental Shelf (NCS) for a total of USD 250 million.
NEWS |
Oil and gas exploration licence granted for Isle of Man seabed search
An oil and gas exploration licence has been awarded for part of the Isle of Man’s seabed. Crogga – an island-based company set up by local residents with experience in the oil and gas sector – was awa (...)
NEWS |
KBR Awarded FEED Contract for BP's Tortue Project
KBR, Inc. (NYSE: KBR) announced today that its UK operating subsidiary has been awarded a Front End Engineering Design (FEED) contract by BP for Phase 1 of the Tortue field Hub/Terminal development lo (...)
NEWS |
Chevron first Supermajor to exit Norway
Chevron is the first oil supermajor to leave the Norwegian Continental Shelf, after Norway’s authorities accepted the sale of the only asset of the U.S. firm—a 20-percent stake in an exploration licen (...)
NEWS |
BP and Aker BP sign agreement around technology
Energy giant, BP, recently announced the signing of a ventures cooperation agreement with Norway based oil exploration and development company Aker BP to explore the scope of cooperation for the compa (...)
NEWS |
EnQuest Exercises Options With BP Over North Sea Fields
Oil & Gas company EnQuest PLC on Thursday said it has exercised its options with BP PLC relating to the Magnus field, as well as to the Thistle and Deveron fields in the North Sea.
NEWS |
Marathon Oil looks to exit North Sea
Marathon Oil has launched the sale of its British North Sea oil and gas fields, a document seen by Reuters showed, the latest U.S. firm to retreat from the basin to focus on onshore shale production a (...)
NEWS |
Global oil companies win acreage in Brazilian offshore blocks
Major oil and gas giants, including Shell, Chevron and BP, have bagged acreage in the auction of Brazilian offshore oilfields in the pre-salt region.
NEWS |
Tech X Pioneer programme opens for second year of applications
Today sees the launch of the second year of the Oil & Gas Technology Centre’s TechX Pioneers programme. The unique accelerator and incubator programme backed by more than 120 industry partners and me (...)
NEWS |
£200m North Sea field approved in boost for oil and gas industry
BP has underlined its commitment to the UK North Sea after getting the green light from the Oil and Gas Authority for a £200 million field development.
NEWS |
BP given go-ahead to develop North Sea oil field
BP has been granted approval to develop the Vorlich Field in the North Sea, targeting 30 million barrels of oil equivalent. The field is expected to come on stream in 2020 and is predicted to produce (...)
NEWS |
Oil majors to bet big on Brazil oil amid election uncertainty
Oil majors are set to gather in Rio de Janeiro on Friday to unveil bids for stakes in Brazil’s high potential offshore areas ahead of elections that are casting a cloud of uncertainty over the industr (...)
NEWS |
BP sees bigger impact from Iran oil sanctions than last round
Sanctions on Iran’s crude sales are likely to put more pressure on the oil market than the last time, spurring volatility for the rest of the year, according to BP Plc Chief Executive Officer Bob Dudl (...)
NEWS |
Aker BP completes delineation of Hanz field, drilling of North Sea wildcat
Aker BP ASA, operator of production license 028 B, has concluded the drilling of appraisal wells 25/10-16 S, A and C on Hanz field, as well as wildcat well 25/10-16 B drilled in production license 915 (...)
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