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News & Commentary

Parkmead, Faroe in talks for joint FPSO use in North Sea:

According to Atlantic Petroleum a partner in the Parkmead-run Perth and Dolphin discoveries, Faroe Petroleum, operator of Lowlander discovery, and Parkmead have initiated joint studies to determine the feasibility of a joint Perth/Dolphin/Lowlander development.

The evaluation phase, under which the discoveries would be developed sharing the same production facilities, is expected to be complete by…

Europe’s Energy Security Begins in the North Sea:

Stavanger - Supply security in Europe has traditionally always begun on the continent’s own doorstep. Martin Bachmann, Member of the Board of Executive Directors of Wintershall responsible for Exploration and Production, firmly believes that this will remain so in future too. Speaking at the international exhibition Offshore Northern Seas (ONS)…

East Anglia is a key hub for the UK oil and gas sector:

Oil & Gas UK’s regional PILOT Share Fair in Norwich’s Dunston Hall Hotel on September 16 is attracting interest from supply chain companies in the East of England keen to hear about the business opportunities presented by Britain’s highly active oil and gas sector.

Stephen Marcos Jones, Oil & Gas…

Shell announces Marjoram-1 gas discovery in deep-water Malaysia:

Shell today announces further exploration success in Malaysia with another gas discovery at the Shell-operated deep-water Marjoram-1 well.

“Our strategy to expand our heartland areas through technologically advanced exploration is delivering tangible success in deep-water in Malaysia,” said Andrew Brown, Shell Upstream International Director.

“We have a long history in the…

Scotland, a Future Global Leader in Decommissioning:

Shetland is bidding to become a global leader in a multi-billion pound industry as a result of over £20million of investment announced by Cabinet Secretary John Swinney today.

A set of multi-million pound investments by Lerwick Port Authority and international energy logistics company Peterson aims to create a decommissioning centre…

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