Erin Energy restarts Oyo-8 well following well intervention

By Offshore Energy Today.. Independent oil company Erin Energy Corporation informed on Tuesday that the Island Constructor light well intervention (LWI) vessel has completed work on the Oyo-8 well, offshore Nigeria, and the company has resumed production from the well. To remind, the Island Offshore-owned vessel departed Norway heading for the Oyo field, offshore Nigeria,…

Saipem wins $1.3B worth Shah Deniz award

By Offshore Energy Today.. Italian company Saipem and its consortium partners Bos Shelf and Star Gulf have been awarded a call-off 007 under the Shah Deniz Stage 2 Master Agreement by BP, on behalf of the Shah Deniz partnership. The total value of the contract is approximately $1.5 billion (Saipem share approximately $1.3 billion), with…

Schiehallion floater docks in western Norway

BP has contracted Aibel to provide a yard stay and assistance with final preparations of the Glen Lyon FPSO, due to serve the Quad204 project west of Shetland. Read Full Article Here For more great articles: Offshore RSS Feed Comments comments

Swap deal to boost Statoil’s stake in Lundin

Statoil ASA has agreed to divest its entire 15% interest in Edvard Grieg field on PL338 offshore Norway to Lundin Petroleum AB in exchange for an increased shareholding in Lundin. Read Full Article Here For more great articles: Oil & Gas Journal – General Interest Comments comments