ConocoPhillips said production has resumed from both the Eldfisk and Embla fields in the Norwegian North Sea. The fields had been shut down on New Year’s Eve along with the Valhall platform after a drifting vessel moved towards them.
A DOF Subsea Platform Supply Vessel (PSV) has been captured trying to navigate through huge waves in the North Sea.
As 2015 draws to a close, we are on track to see the first annual rise in oil production for 15 years. This fact may seem strange to those who have only considered the sustained low oil price that has dominated the headlines in 2015, but it is a positive sign from an important industry that is adapting to a changed landscape. DECC statistics show that production of petroleum is 32% higher and natural gas production is 8.6% higher in the three months June to August 2015, compared to the same period in the previous year.
A North Sea platform is believed to have entered its tenth day in shut down as investigations continue into the cause of a gas leak on board the installation. Production was shut down on Marathon’s Brae Alpha platform on Boxing Day after an alarm was raised. It is believed 73 workers remain on board the platform which is about 155miles north east of Aberdeen.
This footage shows another side of life offshore in the North Sea.
Rune Morten Narvag got his first break in the oil and gas industry aged just 16-years-old.
Statoil has been asked by the Norwegian Government to conduct new studies on carbon storage on the Norwegian continental shelf.
Norwegian company OKEA said it had entered into a sale and purchase agreement with Repsol for a 60% stake in the Yme field. The company said the move will be subject to approval by the Norwegian authorities once an update plan for development and operation has been submitted.
Industry body Oil and Gas UK said 2016 will continue to be a challenging year, despite UK Government data estimating oil and gas production rose by more than 7% in 2015. Findings from the Office of National Statistics (ONS) found in the first 10 months of 2015, the total volume of oil and gas produced on the UKCS was up 8.6% compared with 2014. Meanwhile production of liquids rose up 10.6% and gas by 6.1%.
A jobs report has estimated a 12% drop in salaries in the oil and gas industry compared with the previous year. The findings of the Adzuna Jobs Report, from December 2015, shows the average salary for energy oil and gas jobs was around £41,193.
Statoil’s decision to delay its Mariner contract with Prosafe has seen the final contract total increase by $55million.
Whilst the recent oil and gas decline is having a considerable impact on the local and national economy with employment and business confidence levels in particular taking a hit, this slump is also having detrimental consequences to the industry’s finances.
Throughout the holiday season Energy Voice will be taking a look back at some of our most read columns from 2015.
Economic growth picked up in the final quarter of 2015 despite continuing problems for manufacturers, a new study has shown.
Take a look back at some of Energy Voice’s most watched videos from the past year.
A grandfather from Merseyside has put his free time aboard North Sea rigs to great use by writing a novel about football that is attracting huge interest worldwide. Peter Farrell’s book, “Give the Fans Sweet FA”, tells the story of its author’s audacious quest to gain free admission to football matches by sneaking past security guards during the early- to mid-90s. Mr Farrell was protesting against skyrocketing ticket prices and a perceived lack of respect being show to fans at the start of the Premier League era.
Test your knowledge of some of the biggest news stories of 2015 with Energy Voice’s End of Year Quiz.
The Oil and Gas Authority (OGA) has granted Independent Oil and Gas (IOG) a round of extensions for the the firm's Southern North Sea portfolio.
ConocoPhillips has shut down output at its Eldfisk and Embla fields in the North Sea and is evacuating staff from its Eldfisk platform due to the threat of a drifting barge hitting its installations.
BP's Valhall platform in the North Sea is being evacuated by helicopter after a barge broke its anchor and was drifting towards the installation following a storm.
A North Sea platform has entered its fifth day shut down as investigations continue into the cause of a gas leak on board the installation. Production was shut down on Marathon’s Brae Alpha platform after an alarm was raised on Boxing Day. Around 73 workers remain on board the platform which is about 155miles north east of Aberdeen.
Huge waves have been captured by an offshore worker on a North Sea platform as Storm Frank battered the coast with winds of up to 70mph.
Test your knowledge of some of the biggest news stories of 2015 with Energy Voice’s End of Year Quiz.
Each week, Energy Voice pulls together the top stories from the week.
Resilience was the word of 2015 amongst the oil and gas sector. It’s been hard to stay positive, stay focused and to consider growing the business when it’s felt for many like a daily battle of challenges and stresses. So how as leaders do we work to continue to grow our businesses when everything around us seems so problematic.