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Subsea 7 closes Valhall contract with BP Norway

Subsea 7 Inc, the subsea engineering and construction heavyweight, says it has scooped a contract from BP Norway, for engineering, procurement, installation and commissioning (EPIC) of the Valhall Flank gas lift pipelines and wellhead platform riser caisson project in the Norwegian sector of the North Sea.

[Full story ] [Contracts]

Antrim racks up another CNS block

Antrim Energy has picked up more UK North Sea acreage with another award from the UK's 25th Offshore licensing round.

[Full story ] • Licensing

Cromarty port sees rig-based boost

Scotland's Cromarty Firth Port Authority reported a 15.3% rise in turnover for 2008 with a big rise in rig-related activity.

[Full story ] • Company news

Vyborg readies for Shtokman rig launch

Russia's Vyborg shipyard has said it will be launched the hull of the first semi-submersible for the Shtokman development earlier next week.

[Full story ] • Rig news

Experts discuss Arctic protection

Experts from Norway and Russia have been putting their heads together at a key meeting to discuss ways of harnessing environmental protection regulations set by the two nations to cover future oil and gas exploration in Arctic seas.

[Full story ] • HSE

Cost cut move made by BP

BP has said it will cut payments to contractors in the North Sea as part of a bid to reduce operation expenditure.

[Full story ] • Company news

Teekay takes up new tanker meters

Tankers operations in the North Sea are using a new flow meter developed by a British based company which is designed to detect any oil spill during loading and offloading operations to help protect the environment.

[Full story ] • Contracts

Norway looks again for energy in Arctic waters

Seismic survey vessel Ocean Explorer has begun acquisition of seismic data north of Senja on Troms II - close to the hyper sensitive areas that have been ring-fenced by environental lobbyists - the Norwegian Petroleum Directorate announced in a a statement.

[Full story ] [Exploration]

Sevan Drilling gets a new CFO

Norwegian oilfield services group and listed company Sevan Marine has announced that Jon Willmann is to assume the position as Chief Financial Officer of its unit Sevan Drilling. Willmann will join Sevan as Vice President Finance/CFO Sevan Drilling ASA from August 1.

[Full story ] • People on the move

Spectrum goes for new share issue

Olso-listed Spectrum ASA - the provider of seismic data processing, multi-client surveys and offshore acquisition services for oil exploration - has confirmed that it is to make a new share issue which will follow its successful private placement.

[Full story ] • Company news

StatoilHydro gets new board member

StatoilHydro says it has a new board member. The Norwegian major said that its corporate assembly elected Jakob Stausholm, aged 40. Stausholm, who replaces Kurt Anker Nielsen, is Chief Financial Officer at global facility services provider ISS.

[Full story ] • People on the move

Debut for Don Southwest

First oil has been produced from the Don Southwest development in the UK sector of the North Sea in block 211/18a.

[Full story ] [Field development]

Wellstream expects strong trading

British-based flexibles and flowlines manufacturer Wellstream says its half year figures due out next month should show continuing strong performance.

[Full story ] • Company news

Performance coach pushes down costs

Performance improvement experts from an Aberdeen-based company have helped to net £1 million in savings for Talisman Energy in the North Sea by working with a rig crew on the Ocean Nomad semi-submersible to improve productivity.

[Full story ] • Production

Lift certification raised

Offshore support provider AGR Field Operations has been given an extension to its existing contract with StatoilHydro for inspection and certification of “non-complex” lifting equipment.

[Full story ] • Contracts

Toreador targets new Black Sea well

European explorer Toreador Resources is getting ready to drill its high-impact Black Sea well dubbed Durusu 1 which is scheduled to kick off in the next few weeks following the delayed arrival of a drilling rig.

[Full story ] • Exploration

Sea Dragon selects outfitter for second rig

Shipbuilder Sembcorp Marine has landed a deal to build a second Sea Dragon semi-submersible drilling rig based on a Moss Maritime design.

[Full story ] • Rig news

Subsea leader calls for investment rethink

The leader of the UK's subsea industry has made a heartfelt plea to Energy Minister Lord Hunt in the UK Houses of Parliament to urge banks to rethink their investment decisions.

[Full story ] • Politics

STX Norway Offshore order to Simtronics

Simtronics, the Norwegian provider of fire detection, containment and prevention systems to the oil and gas industry, says it has got an order from STX Norway Offshore to deliver a nitrogen generator to a multi purpose vessel in Norway.

[Full story ] • Contracts

EDB gig with Norway oil and gas producer

EDB, the Norwegian listed company, says it has won a Letter of Intent with StatoilHydro for delivery of IT consultancy services. It says the agreement runs for two years with an option to prolong with two plus two years.

[Full story ] • Contracts

Bouvet scoops Statoil contract

Oslo-listed Bouvet says it has signed a frame agreement with Norwegian oil and gas major StatoilHydro to provide consultancy services covering a wide range of IT competence areas, including work involving platforms.

[Full story ] • Contracts

DOF announces merger with subsidiaries

Norwegian oilfield services company DOF ASA says it has signed an agreement of merger between it and its wholly owned subsidiaries DOF Installer AS, DOF BOA AS and District Supply VII AS.

[Full story ] • Company news

PA pumps up output

Sweden's PA Resources reported total production to the end of the second quarter this year at 744,100 bbl of oil with an average of 8,200 b/d of oil.

[Full story ] • Production

Oz appointment for Acergy

Australian operator BHP Billiton has handed a major SURF contract to Acergy for an undisclosed project off western Australia.

[Full story ] • Contracts

Offshore247.com

Greater Gabbard gets going

Utility Scottish and Southern Energy says it is getting ready to start construction of its Greater Gabbard offshore wind farm towards the end of this year in partnership with RWE npower.

[Full story ] [Company news]

Hot topics

3 .7 Antrim racks up another CNS block
3 .7 Cromarty port sees rig-based boost
3 .7 Experts discuss Arctic protection
3 .7 Vyborg readies for Shtokman rig launch
3 .7 Cost cut move made by BP
3 .7 Subsea 7 closes major contract with BP Norway
3 .7 Sevan Drilling gets a new CFO
3 .7 StatoilHydro gets new board member
3 .7 Spectrum goes for new share issue
2 .7 Wellstream expects strong trading

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