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FEED for Rosebank in 2011

Potential suppliers to the UK North Sea offshore market have been told that Chevron Upstream Europe aims to start work on a Front End Engineering and Design study for the Greater Rosebank area within the next three of years.

[Full story ] [Field development]

NPD gives nod to Norway wells

The Norwegian Petroleum Directorate (NPD) has given Shell the green light to drill wildcat well 6603/12-1 with the Leiv Eriksson rig.

[Full story ] • Exploration

Det norske says no to PetroProd

Det norske oljeselskap said today that it has rejected an offer from Petrojack SA to merge PetroProd Ltd. and Det norske, saying the offer came as a “surprise.”

[Full story ] • Company news

PA sells Norway assets to Bayerngas

PA Resources has agreed a deal to sell its Norwegian assets for US $220 million to Bayerngas Norge.

[Full story ] • Company news

Extra beds for Britannia

Additional accommodation modules are going to be required for both the UK Britannia and Judy fields in 2009, operator ConocoPhillips has indicated.

[Full story ] • Field development

Buffalo begins in Uganda

London-listed Heritage Oil and partner Tullow have kicked off the second of three planned exploration wells in the Albert Basin in Uganda with the Buffalo 1 well which follows on from the Warthog discovery announced last month.

[Full story ] • Exploration

Hewett storage site confirmed by Eni

Eni UK has signalled its intention to turn the Hewett field into another offshore gas storage facility after completing a buyout of the asset from Tullow Oil.

[Full story ] • Natural gas

FPSO Sevan Voyageur to UK Shelley field

Sevan Marine says its FPSO Sevan Voyageur has started the voyage to the Shelley field in the Central UK North Sea.

[Full story ] [Contracts]

Deep Sea's AHTS rates sink in November

Deep Sea Supply says that in November its AHTS fleet had an average gross income of about $46,200 a ship per day. That was a fall on the income recorded for the previous month.

[Full story ] • Shipping

Nexus defers Samsung FPSO

Nexus Floating Production says it is deferring delivery of the second FPSO unit from Samsung Heavy Industries, in yet another casualty of the global financial crisis.

[Full story ] • Contracts

PA Resources pumps out more

Oslo-listed PA Resources says November average oil production jumped to 18,500 barrels a day - up from 14,700 barrels of crude on average in October.

[Full story ] • Production

Global oil tanker giant warns on financial crisis

The globe's largest independent oil tanker shipping group, Frontline, has warned that the markets have yet to feel the complete effect of the international financial crisis.

[Full story ] [Company news]

AGR frame agreement with StatoilHydro

AGR Group says it has signed a frame agreement with StatoilHydro for worldwide provision of seabed excavation services.

[Full story ] • Contracts

Expro awarded FMC contract

Oilfield services company Expro has been awarded a subsea landing string service contract from FMC Technologies worth NOK 250m (US $35.8m) for work on the Norwegian Continental Shelf.

[Full story ] • Contracts

Eni finalises Hewett purchase

North Sea operator Tullow Oil has completed a previously disclosed asset deal selling its stake in the UK Hewett field area to Eni for £210 m.

[Full story ] • Licensing

Total proves positive in Congo

Total has drilled a third successful well on its Moho Nord exploration permit offshore Congo which has hit a 60 (196.8 ft) m oil column which flowed at 3,000 b/d of 18° API oil on test.

[Full story ] • Exploration

Offer to merge PetroProd with Detnor

Norway's Petrojack has proposed merging its PetroProd unit with fellow Olso-listed Det norske oljeselskap (Detnor) through a voluntary share offer, in another move prompted by the global financial crisis.

[Full story ] • Company news

Amec: Safety has improved

After a prosecution with Shell UK following a fatality on a UK Southern North Sea gas platform contractor Amec has said considerable improvements have been made in the way in which it carries out risk assessments offshore.

[Full story ] • HSE

Bridge fires up Durango

Bridge Resources has kicked off gas and condensate production from its Durango Field in the UK North Sea.

[Full story ] • Field development

Acergy boss remains upbeat

Acergy chief executive Jean Cahuzac remains upbeat about the prospects for the offshore industry going into 2009 despite the squeeze in financial markets and the slide in the oil price over the last six months.

[Full story ] • Company news

Acergy has healthy backlog

Acergy said today that it expects to end the 2008 fiscal year with a backlog of approximately $2.6 billion.

[Full story ] • Financial

Chablis well set for December

Updating progress on the Chablis exploration well in the UK Southern North Sea operator Serica Energy says the well may start in December after delays in obtaining the rig for the operation.

[Full story ] • Exploration

1 Tcf gas prospect target

Serica Energy has held out the hope of a 1 Tcf gas field which could be tapped easily subject if it can find a rig to drill an exploration well.

[Full story ] • Exploration

Ithaca nets US $5 m loss

Ithaca Energy made a net loss of US $5.03 m for the three months to September this year, up from a $4,21,410 loss in the same period last year due to higher general and administrative expenses, plus “….increased accretion on a significantly greater asset base.”

[Full story ] • Company news

Offshore247.com

Farstad supply vessels kept on

Farstad Shipping has secured charter extensions for three of its platform supply vessels (PSV).

[Full story ] [Shipping]

Hot topics

1 .12NPD gives nod to Norway wells
1 .12Det norske says no to PetroProd
1 .12PA sells Norway assets to Bayerngas
1 .12Extra beds for Britannia
1 .12FEED for Rosebank in 2011
1 .12Offshore247.com - Weekly Summary - 48
1 .12Buffalo begins in Uganda
1 .12Hewett storage site confirmed by Eni
1 .12Deep Sea's rates sink
1 .12Nexus defers Samsung FPSO

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