Norway: OMV Gets NPD Nod for Hades Drilling
Austrian oil and gas firm OMV has been granted a permit for the drilling of the offshore well 6506/11-12 S in the Norwegian Sea.The company's Norwegian subsidiary OMV Norge will use the Island Innovator semi-submersible to drill the appraisal well at the prospect named Hades in the production license 644.OMV Norge is the operator with an ownership interest of 30 percent.
Spirit Energy Hires PD&MS for Complex E&P Modifications
Aberdeen-based engineering and design firm PD&MS has been awarded a new three-year contract with options for a further three-year extension with oil company Spirit Energy. The deal, worth an undisclosed multimillion-pound sum, will see PD&MS deliver complex modifications for the E&P business.The engineering, procurement, construction, and commissioning firm has worked with Spirit Energy since 2018…
Centrica Pauses Spirit Energy Sale, Scraps Dividend. Shares Hit Record Low
Britain's largest energy supplier Centrica canceled its 2019 dividend and cut costs in anticipation of an increase in nonpayments by customers and a drop in demand due to the COVID-19 outbreak, sending its shares to record lows.The government has ordered sweeping measures to slow the spread of the new coronavirus, shutting down much of the economy and raising the prospect of mass job losses.Shares in the company hit 34.35 pence on Thursday…
Field Trial Success for Well Integrity Innovator
Sentinel Subsea, specialist in long-term well integrity verification, has announced the successful completion its first offshore field trial, run in conjunction with independent operator Spirit Energy and the Oil & Gas Technology Center (OGTC).As a growing number of offshore assets reach the late life stage of their lifecycle, so the number of suspended wells which require environmental monitoring also increases.
Chestnut Field Extended Up to Three Years
Partners Spirit Energy and Dana Petroleum will invest £140 million ($177 million) to extend the life of the Chestnut field in the UK North Sea by as much as three years.The companies announced on Friday that they reached a deal with Teekay to extend the employment of the Hummingbird Spirit floating production, storage and offloading unit (FPSO) until March 2023…
Hurricane Energy Spuds Lincoln Crestal
UK-based oil exploration and production company Hurricane Energy said it has spudded the second of three wells on the Greater Warwick Area in the UK North Sea.Well 205/26b-B well, or Lincoln Crestal, was was spudded – the start of the drilling process – using the Transocean Leader rig, which recently completed work to plug and abandon the Warwick Deep well.An update will come once drilling and testing has been completed…
Hurricane Achieves First Oil at Lancaster
Hurricane Energy has announced first oil at its Lancaster field off Scotland, the first such success for so-called fractured basement reservoirs in Britain and a major milestone for the company within its guided schedule.Hurricane specializes in recovering oil from fractures in hard and brittle rock known as fractured basement reservoirs, which some see as a…
Craig International Wins Spirit Energy Contract
Craig International has secured a contract with Spirit Energy, which is potentially worth £21 million ($27.4 million) over seven years, the oilfield procurement specialist announced on Thursday.Craig International said it has been awarded a five-year contract, with a two-year extension option, to source and supply products for maintenance, repair and operations…
Chrysaor to Buy ConocoPhillips’ UK Assets
Chrysaor has reached a deal to acquire ConocoPhillips’ oil and gas exploration and production assets in the UK for $2.675 billion, the companies announced on Thursday.Full-year 2018 production and year-end 2018 proved reserves associated with the assets being sold were approximately 72,000 barrels of oil equivalent per day (boepd) and approximately 99 million barrels of oil equivalent (boe), respectively.
Exploration Firms Drill Dry Well in North Sea
Lundin Petroleum AB (Lundin Petroleum) announces that its wholly owned subsidiary Lundin Norway AS (Lundin Norway) has completed exploration well 2/6-6S, targeting the Oppdal and Driva prospects in PL860 in the North Sea. Both targets were dry. The well was drilled with the Rowan Viking jack-up drilling rig and was operated by MOL Norge with a 40 percent working interest.
Spirit Energy Gets Nod for Oda Development
North Sea explorer Spirit Energy has been given the green light from Norwegian Petroleum Directorate (NPD) to start up its first operated development in Norway.Oda is a subsea development where the wellstream is sent on to the Ula platform for processing and transport.Spirit Energy expects to start-up in February/March 2019. Other partners in the project are Aker BP…
Ineos Completes Clipper South Re-routing Project
UK-based oil products company Ineos Oil and Gas UK has completed a project to re-route production from its Clipper South field via the Shell operated Clipper field into the Bacton processing terminal.According to a company release, the USD 80 mln investment into a new pipeline and sub-sea equipment will extend the life of the Clipper South field, following closure in October of the existing facilities at the Theddlethorpe Gas Terminal…
Wintershall Struggles to Boost Output from Norway's Maria Field
German oil firm Wintershall's flagship project in Norway - the Maria oil and gas field - is not meeting output expectations due to water injection issues, the company said on Monday.The field, which started nine months ahead of schedule at end-2017, was welcomed by the Norwegian government as an innovative project to squeeze more barrels from Norway's continental…
Hurricane FPSO Leaves Dubai After Upgrade, Shetlands First Oil Seen in H1
The Aoka Mizu floating production, storage and offloading (FPSO) vessel ordered by Hurricane Energy has left Dubai following a series of upgrades, the company said, another milestone for the group as it seeks to extract so-called fractured basement oil in Britain.Hurricane specializes in recovering oil from fractures in hard and brittle rock known as fractured basement reservoirs…
Forum Tackles Decom Challenges
At its inaugural Collaboration and Innovation in Decommissioning event earlier this month, Decom North Sea brought together more than 110 delegates – from operator and supply chain companies – to focus upon finding solutions to current and future decommissioning challenges.Working with the Oil and Gas Authority (OGA), Decom North Sea constructed a highly interactive day comprising presentations…
Ampelmann Secures North Sea Decommissioning Project
Dutch offshore access solutions provider Ampelmann said it has made another step forward in the field of decommissioning with a recently secured contract in the Southern North Sea.An E-type gangway system has been installed on the Olympic Orion vessel to carry out a two-month campaign for end client Spirit Energy to prepare the Audrey platform for decommissioning.The…
EnerMech Obtains $24m Service Contract
EnerMech Get $24m Contract Lift. EnerMech has secured a cranes and lifting services contract with an international Operator in the North Sea along with an extension of many existing contracts worth just over $24m. The company will provide crane maintenance and crane management to three North Sea platforms on behalf of the new client. The five year contract includes offshore crane maintenance and operation…
Norway Awards Oil Permits to 11 Firms in Arctic Licensing Round
Norway has awarded 12 oil and gas exploration licences to Equinor and 10 other companies focused mostly on the Arctic, where Oslo believes it has the greatest potential for significant new discoveries.Nine of the licences are located in the Barents Sea and three in the Norwegian Sea off central Norway, the Ministry of Oil and Energy said on Monday."This licensing…
New Oil Discovered in the North Sea
Equinor and partners Lundin and Spirit Energy have struck oil in the PL 167 licence at the Utsira High in the North Sea.The discovery is currently estimated to contain 15-35 million barrels of recoverable oil equivalent.“We are very pleased to announce the first Equinor discovery,” said Nicholas Ashton, Equinor’s senior vice president, Exploration, Norway & UK.“This is a good discovery which we expect will be commercial.
PDi Celebrates a Decade in Decommissioning
This year, Project Development International (PDi) Ltd., part of the Tattva Group, celebrates a decade of activity within the decommissioning sector. As a provider of multi-disciplined engineering, project management and project services to the international energy industry, PDi has worked with multiple clients since 2008, successfully completing more than twenty…
