News

  • Oceaneering wins subsea wellhead removal from Lundin

    Oceaneering International, Inc has announced that its wholly owned subsidiary Oceaneering AS has secured a contract from Lundin Norway AS covering the removal of the Jorvik subsea well in Norway, with options for additional wells.   The removal project, which is part of an ongoing…

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  • Exxon Reportedly Eyes North Sea Asset Sale

    ExxonMobil is eyeing a sale of its UK North Sea portfolio, according to media reports.   When asked for comment on the subject, an ExxonMobil spokesperson told Rigzone, “we do not comment on industry rumours and speculation”.   Responding to the reports, Neivan Boroujerdi, a…

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  • IOG plans to take North Sea project FID in September

    Independent Oil and Gas (IOG) will be raising funds in an £88 million bond issue ahead of the its Southern North Sea (SNS) Core Project farm-out and Phase 1 final investment decision (FID).   IOG’s SNS Core Project consists of six discovered gas fields off…

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  • Swedish port ships out final Nord Stream 2 pipe

    The final section of pipe for the Nord Stream 2 project stored at the port of Karlshamn has been shipped out.   Since early October 2017, nearly 39,000 pipes for the project in the Baltic Sea have transited through the port, with close to 37,000 of…

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  • Production drilling begins in Dvalin field off Norway

    Wintershall Dea GmbH has started drilling four production wells in Dvalin natural gas field in the Norwegian Sea.   The wells – each targeting a depth of 4,500 metres -are being drilled using the Transocean Arctic harsh-environment semi-submersible drilling rig.   Work is expected to…

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  • Norwegian Field Gets New Life

    Norway’s Petroleum Safety Authority (PSA) revealed on the 12th August that it has given Repsol consent to extend the life of the Rev field until April 2021.   “In order to recover the remaining resources in the Rev field, Repsol has applied for consent to…

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  • Borgland Dolphin rig on the move to drill North Sea wells for i3

    UK independent i3 Energy has said that the Borgland Dolphin semi-submersible drilling rig has completed its acceptance testing ahead of drilling operations in the UK North Sea.   i3 Energy hired the Borgland Dolphin rig last April for its undeveloped Liberator oil field and Serenity prospects…

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  • Equinor cleared to use West Hercules rig on Lanterna well

    Norwegian oil major Equinor has received consent from the offshore safety body, the Petroleum Safety Authority (PSA), for exploration drilling in the Norwegian Sea using the West Hercules drilling rig.   The PSA said on the 12th August that it gave Equinor a consent to…

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