Big Oil Digs North Sea's 'Final Frontier'
"Little hope of THIS rock ever producing oil," BP geologist Bill Senior scribbled in 1977 on a note assessing a recent oil discovery in a distant corner of the North Sea.That same rock is today the heart of BP's prized Clair field in the West of Shetland region, which this week started its second phase of production.The giant bridge…
BP’s Glen Lyon FPSO Classed by DNV GL
DNV GL said it has awarded class to BP’s Glen Lyon Floating Production Storage and Offloading (FPSO) vessel located west of Shetland. Glen Lyon is a purpose-built FPSO expected to produce 130,000 barrels of oil a day at peak production. The vessel was transferred into class shortly after first oil in May 2017. DNV GL’s Maritime and…
LR Verifies BP FPSO Glen Lyon
The Glen Lyon floating production storage and offloading (FPSO) vessel, BP’s newest North Sea asset, was awarded full-term classification certificates for service in the Schiehallion and Loyal fields, 175 km west of Shetland. Conditions west of Shetland are among the most severe in the UK and Glen Lyon must be capable of operating in extreme weather.
Sparrows Group Retains BP North Sea Contract
Sparrows Group has successfully retained its current North Sea Mechanical Handling and Crane Management contract with BP, which will extend the working partnership between the two companies to over 50 years. The contract sees the lifting and mechanical handling specialist operating and maintaining all 21 of BP’s pedestal cranes in the North Sea across eight assets.
Teekay Offshore Bags North Sea Shuttle Tanker Contracts
Teekay Offshore Partners L.P. (Teekay Offshore or the Partnership) (NYSE:TOO) announced today that it has been awarded new three-year shuttle tanker contracts of affreightment (CoA), plus extension options, with BP plc, Royal Dutch Shell and OMV Group, to transport the oil produced from the new Glen Lyon FPSO which is part of the Quad204 development located west of Shetland in the North Sea.
BP Starts North Sea Quad 204 Upgrade
BP said on Wednesday it started a seven-year deep water drilling campaign in the Loyal field in the UK North Sea as part of a $3 billion drive to develop the ageing oil and gas basin. The redevelopment of the Loyal and adjacent Schiehallion fields, known as Quad 204, seeks to tap into an estimated additional 450 million barrels of oil equivalent to help extend production from the fields to 2035, BP said.