Latest News

Plan for Development and Operation for Johan Sverdrup

Lundin Petroleum is pleased to announce that its wholly owned subsidiary Lundin Norway AS (Lundin Norway) together with its partners Statoil (operator), Maersk Oil, Det norske oljeselskap and Petoro, will today submit a plan for development and operation (PDO) for Phase 1 of the Johan Sverdrup field to the Norwegian…


Unmanned Wellhead Platform Chosen Concept for Oseberg Future Development

Statoil and its licence partners have chosen an unmanned wellhead platform as the concept for the Oseberg Future development phase I project in the North Sea. The platform will be controlled from the Oseberg field centre.The investment decision is expected next winter.Three various concept studies have been made for an…


Saipem Wins $1.8 Billion Pipeline Contract

Saipem, through its subsidiary ERSAI Caspian Contractor LLC, has been awarded a major new Engineering & Construction contract for the Kashagan field project, located in the Kazakh waters of the Caspian Sea, valued at approximately $1.8 billion.The North Caspian Operating Company (NCOC) has awarded Saipem a contract for the construction…


Nexans to Provide Umbilicals for Statoil’s Visund Field

Statoil's Visund oil and gas field is to benefit from standardised fast-track umbilicals developed by Nexans. The field in the Tampen area of the Norwegian North Sea will be the fifth project to use these standard umbilicals.Nexans to provide umbilicals for Statoil's Visund fieldThe standardised umbilicals are made up of…


EMAS AMC Wins Multiple Global Contracts

Ezra Holdings Limited, a leading contractor and provider of integrated offshore solutions to the oil and gas industry, today announced that the Group's Subsea Services division, EMAS AMC, has secured multiple contracts from various energy companies valued at more than US$65 million (including options).Scope of work includes project management, engineering,…


DNV GL Wins Contract with Wintershall for Maria Development

DNV GL, the technical advisor to the oil and gas industry, has been selected by Wintershall Norge AS as the sole supplier for the combined role of Independent Verification Body (IVB) and Third Party Design Verification scope for the subsea, umbilicals, risers and flowlines (SURF) part of the Maria field…


Eni Sanctioned the OCTP Project in Ghana

Eni, Vitol and GNPC signed with the President of Ghana and the Minister of Petroleum the agreement to proceed with the OCTP project. The project will provide domestic gas supply to Ghana's thermal power plants for more than 15 yearsEni, Vitol and Ghana National Petroleum Corporation (GNPC) signed today with…


Technip Awarded Two Subsea Contracts in the Gulf of Mexico by Stone Energy Corporation

Technip has been awarded by Stone Energy Corporation both a flexible pipe supply contract and an installation contract for the Amethyst field, located on Mississippi Canyon 26, in the Gulf of Mexico. The first contract includes the detailed engineering, procurement, fabrication, assembly and testing of a 5-inch production static riser…


Drilling Begins at Ivar Aasen Field Offshore Norway

The drilling rig Maersk Interceptor has commenced the drilling programme on the Ivar Aasen field in the North Sea. The campaign has a duration of three years and comprises a total of 15 wells in addition to three pilot wells. Det norske oljeselskap is the operator of the Ivar Aasen…


Oceaneering Wins Hess Stampede Project Umbilicals and Distribution Hardware Contract

Oceaneering announced that it secured a contract in December 2014 from Hess Corporation to supply the umbilicals and umbilical distribution hardware for the Stampede Project located in the Green Canyon area of the U.S. Gulf of Mexico. This hardware will be used to transmit hydraulic control fluids, chemicals, and electrical…


Aker Solutions Wins Johan Sverdrup Contract

On behalf of the Johan Sverdrup partnership Statoil will today sign a detail engineering contract for the Johan Sverdrup development with Aker Solutions.Worth NOK 4.5 billion the contract includes engineering and procurement management (EPma) until the scheduled production start in 2019.The contract includes engineering and procurement management for the riser…


Johan Sverdrup Jacket Contract Awarded

On behalf of the Johan Sverdrup licence partners, Statoil is today awarding a contract to Kværner Verdal for delivery of the riser platform jacket for the Johan Sverdrup field.Scheduled for delivery in the summer of 2017, the jacket's contract value is close to NOK 2.0 billion.The contract is an execution…


Exxon Mobil Announces Production from Arkutun-Dagi Field Offshore Russia

Exxon Mobil Corporation announced today that production has begun at the Sakhalin-1 project's Arkutun-Dagi field – the last of the three fields to be developed. Peak daily production from the field is expected to reach 90,000 barrels.The field, located off the northeast coast of Sakhalin Island in the Russian Far…


Eni Announces the Production Start-up at Lucius Oil Field in Gulf of Mexico

Eni announces the production start-up from the Lucius Field in the Gulf of Mexico deepwater, 240 miles south of the Louisiana coast, United States.Lucius, which is in approximately 7,000 feet of water, has a production secured through 6 subsea wells tied back to a moored production handling spar connected to…


Det Norske to Develop Viper-Kobra

Det norske has decided to develop Viper-Kobra. The project comprises two small discoveries in the Alvheim area. According to plan, approximately 7 500 barrels will be flowing into the Alvheim FPSO every day around Christmastime 2016.Viper-Kobra is located in the Alvheim area and consists of two separate discoveries with a…


First Oil Announced from Bøyla

Lundin Petroleum AB (Lundin Petroleum) is pleased to announce that first oil from the Bøyla field has been achieved. The Bøyla field commenced production on 19 January 2015. The Bøyla field, located on PL340 in the Norwegian sector of the North Sea, is a subsea tie-back to the Alvheim field…


N’Goma FPSO Producing and On Hire

SBM Offshore has announced that this week the Company received formal Production Readiness Notice (PRN) for N'Goma FPSO from client Eni, operator of Block 15/06 on behalf of the Joint Venture which also includes Sonangol Pesquisa e Produção, SSI Fifteen Limited and Falcon Oil Holding Angola SA. Following successful first…


West Franklin Phase 2 Brought on Stream in the North Sea

Total has started gas and condensate production from the West Franklin Phase 2 project in the Central Graben area of the UK North Sea. The project will supply 40,000 barrels of oil equivalent per day (boe/d) to the Elgin/Franklin hub."With the start-up of the West Franklin Phase 2 project, Total…


Enbridge Selected to Provide Crude Oil Pipeline for Deepwater Gulf of Mexico Development

Enbridge Inc announced that it will build, own and operate a crude oil pipeline in the Gulf of Mexico to connect the planned Stampede development, operated by Hess Corporation, to an existing third-party pipeline system. The lateral pipeline is expected to cost approximately $0.13 billion and be operational in 2018.…


Eldfisk II Brought on Stream in the North Sea

Total announces the start-up of oil production from the Eldfisk II project on the PL 018 license of the Norwegian North Sea, in line with the initial schedule approved in 2011. The project will further increase oil recovery of the Eldfisk field and has a production capacity of 70,000 barrels…