Energy Voice | Equinor submits new Gullfaks recovery plan for 17 million barrels

Norwegian energy giant has submitted a new plan to the Norwegian Petroleum Directorate (NPD) to improve recovery of 17 million barrels from the Gullfaks field. The plan will see the partners in the Gullfaks project drill seven new wells in the Norwegian section of the North Sea. Equinor’s executive vice president for development and production […]

Energy Voice | Total seeks buyers for Dutch North Sea business, report says

Energy major Total is trying to sell its Dutch offshore gas fields in an effort to raise £230-310 million, a news report said today. Paris-headquartered Total has brought in Jefferies to manage the divestment, Reuters reported, citing industry and banking sources. Total has been involved in oil and gas production in the Netherlands for more […]

Energy Voice | Exclusive: Repsol Sinopec not budging on three week rotas

North Sea oil firm Repsol Sinopec Resources UK (RSRUK) has opted to stick with three week offshore rotas on its platforms after concluding a review. Aberdeen-headquartered RSRUK added it was drawing up an improved pay package for the 1,000 core crew members affected by the decision. That figure includes full-time staff members and contractors. Union […]

Energy Voice | Mega-rig arrives at revamped Kishorn Port ahead of North Sea campaign

Bosses at a redeveloped Highland port have hailed the “culmination of ten years’ work” as they welcome the arrival of the world’s largest semi-submersible drilling rig. Diamond Offshore’s Ocean GreatWhite has arrived at Kishorn Port, marking the first major contract for the revamped dry dock. Kishorn Port Limited (KPL) was formed in 2008 to redevelop […]

Energy Voice | More than 30 firms share in ‘largest ever’ Norwegian licence award

The Norwegian Petroleum Directorate (NPD) has announced more than 30 firms have been awarded ownership in its “largest ever” licencing round. A total of 83 production licences have been offered for ownership to 33 firms, including Neptune Energy, Equinor, Aker BP and Faroe Petroleum. Of the more than 80 licences, 37 are in the North […]

Energy Voice | Ex-Halliburton chair Lesar to start new oil services business

Dave Lesar, fresh from retiring as executive chairman of Halliburton Co. at the end of 2018, is working on a new venture in the oil patch with funding from private equity firm CSL Capital Management. Lesar, 65, plans to start an oilfield services company, said Charles Leykum, the founder of Houston-based CSL. A representative for […]

MDL Delivers North Sea Projects with TechnipFMC

Maritime Developments (MDL) has completed a four-project North Sea campaign with TechnipFMC. The work scopes on the jobs, which took place throughout 2018, included installation and retrieval of umbilicals, jumpers, risers and flowlines. In total 16 reels were handled and close to 40km of product was installed from three different vessels, using […]

Energy Voice | Ensco raises offer for merger with rival rig contractor Rowan

Rig contractor Ensco has increased its takeover offer for rival firm Rowan. Under the revised deal, Rowan investors would get 2.6 Ensco shares for each Rowan share. It represents a 17.4% increase on the exchange ratio proposed in the original agreement in October. Ensco shareholders would own 57% of the combined company, and Rowan investors […]

Vryhof Racks Up $75M in New Contracts

Vryhof companies – Deep Sea Mooring, Vryhof Anchors and Moorlink – have recently won up to $75 million in new contracts. The contracts include landmark deals for Vryhof Anchors for the WindFloat Atlantic wind farm, offshore Portugal, the world’s first commercial floating wind farm, and the Havfarm 1 offshore fish farm project in Norway, one […]

Energy Voice | Opec and allies plan quotas review and ministers’ meeting in Spring

OPEC and its allies plan to hold a meeting in March to assess their oil-production accord in Azerbaijan, and then ministers will gather to set policy in April, according to the organisation’s top official. The body that reviews the implementation of OPEC’s supply cuts, the Joint Ministerial Monitoring Committee, will convene in the Azeri capital […]