UK-based engineering group Wood Group has been awarded a five year, US multi-million dollar contract by French operator Total, which includes the option for two, one-year extensions. Under the contract Wood Group PSN (WGPSN) will deliver engineering…
Oil prices are set to rise on average US$10/bbl annually towards 2020, with global liquids supply and demand balancing out in around two years, according to Oslo-headquartered oil and gas consulting and business intelligence firm Rystad Energy…
Maersk Oil North Sea awarded Harkand a multi-million dollar contract for the provision of diving support vessel (DSV) services in the North Sea. Harkand Da Vinci. From Harkand. The 12-month contract covers well tie-ins…
North Sea oil and gas operators have committed to fund a search and rescue (SAR) helicopter service, supplementing national SAR cover for parts of the Central North Sea. The participating companies have awarded Bond Offshore Helicopters a US$88…
Vertech is preparing to take delivery of its first specialist vessel as the company’s diving team enhances its capabilities for operations worldwide. Image from Vertech. The new 14…
Statoil awarded 2H Offshore a contract for tieback conductor, platform conductor and surface riser engineering analysis on the Johan Sverdrup field in the Norwegian sector of the North Sea. 2H had already conducted engineering studies…
Schlumberger released the ACTive Straddle coiled tubing real-time multiset inflatable packer, which provides all functions needed to isolate and treat multiple zones on a single run without coming out of the well, which reduces intervention time and optimizes production…
The Petroleum Safety Authority Norway (PSA) is investigating a fire that broke out on the Petrojarl Knarr floating production, storage and offloading (FPSO) in the Knarr field, North Sea. Petrojarl Knarr achieving first oil…
Long a bastion of Mediterranean oil and gas exploration and production, Italy's Edison is close to completing a deal on its latest assets in the UK North Sea and is eyeing its third hub in the wider North Sea region. Taking time out…
Total E&P Norge has chosen AVEVA’s Activity Visualisation Platform (AVEVA AVP) to support training activities on its Martin Linge topside platform in the North Sea. Image from AVEVA. Seeking…
LR Senergy and EnergyOne formed a strategic alliance to support business development in Norway and internationally. LR Senergy’s Norway business, Senergy, has been acquired through a management buy-out and will now trade under the company name of EnergyOne AS…
BG Group began production at the Knarr field in the North Sea, seven years after its discovery. In this video, BG Group takes you to the process to get to this month, where its first floating vessel development is expected to deliver vital resources to the European energy market…
BP Exploration and Production awarded ASCO a US$149 million contract to provide a range of integrated oilfield services to support its UK North Sea operations. The comprehensive, five-year contract covers a variety of activities including: supply-base operations…
Independent Oil and Gas (IOG) announced that further to the award of Block 48/22c in the UK 28th offshore licensing round, the license area has been increased by 42sq km to the South and now contains the Hambleton discovery, in the North Sea…
OneSubsea delivered the world’s first subsea multiphase compressor to Statoil for the Gullfaks South field in the North Sea. The subsea multiphase compressor enables boosting of unprocessed wet gas production fluids, while eliminating…
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