Orkney based Scotrenewables Tidal Power (SRTP) has secured a further £5.7 million from investors to allow it to demonstrate the world’s largest tidal turbine. The company is currently nearing the completion of the build of its SR2000 (2MW) system in the Harland & Wolff shipyard in Belfast…
Heerema Fabrication Group has marked the first steel for Maersk Oil's Culzean development jackets at its yard in Vlissingen, the Netherlands. HFG has contracts for fabricating the central processing facility, utilities and livings quarters and well head platform jackets for the high-pressure…
Statoil and its partners have submitted a plan for Norway's first unmanned platform to develop three oil and gas fields under its North Sea Oseberg Vestflanken 2 project. The development, targeting the Alpha, Gamma and Kappa oil and gas fields…
Noble Energy received the green light from the Israeli government on 17 December, to move forward with the development of Leviathan and the Tamar expansion, despite a last attempt from the Israeli Forum for the Protection of the Coastline that petitioned the High Court to not approve the plan…
Total's CEO Patrick Pouyanné has been elected chairman of the board. He succeeds Thierry Desmarest, whose term as chairman of the board expires on 18 December due to age limits in Total's bylaws. Desmarest will remain a director until the annual shareholders’ Meeting on 24 May 2016…
UK-based explorer Faroe Petroleum has awarded a rig contract for the drilling of Brasse exploration well in the Norwegian North Sea. The firm also says production has restarted from the Enoch field, in which it has a 13.86% stake. The…
The acquisition of 100% of the shares of E.ON E&P Norge by DEA Norge has been completed on the 16 December, 2015. With the deal, DEA Deutsche Erdoel AG enhances its presence in Norway and its long-term commitment to the country’s oil and gas industry…
Peak Well Systems has made a further investment in its Aberdeen Technology Centre in support of ongoing research and development and commercialization of its newly launched SIMULTRA range. The range is a new generation of flow control…
The European Marine Energy Centre (EMEC) has signed Flemish wave energy developer Laminaria to test its innovative wave energy converter at EMEC's grid-connected wave test site at Billia Croo, off the west coast of Orkney, Scotland. Laminaria's technology…
Saipem has been awarded new engineering and construction offshore contracts cumulatively valued at US$196 million (€180 million). The most significant initiatives are: Johan Sverdrup Export Pipelines Project Statoil, on behalf of the Johan Sverdrup partners…
Wellhead servicing specialist Well-Centric secured a US$12 million (£8 million) contract to provide offshore and onshore maintenance and repair services to Apache’s North Sea subsidiaries. The three-year deal will see Dyce-based Well-Centric provide offshore wellhead maintenance services…
Aker Solutions suffered a disappointing loss to competitors in Statoil awards that will see the oil services company lose up to US$69 million in revenue, undergo workforce reductions, and an organizational restructure of its maintenance, modifications…
The Delek Group and its Leviathan partners are setting the record straight by refuting recent media reports regarding Leviathan’s development field plan. Map of Leviathan. From Noble Energy. Media…
Statoil, Gassco and ExxonMobil have received consent for manned underwater operations in 2016, from the Petroleum Saftey Authority (PSA) of Norway. The services are to be supplied by Technip and Subsea 7. Image from Statoil…
Petrofac has won contract extensions from its customers on the UK Continental Shelf (UKCS) totaling US$400 million. Petrofac secured a two-year extension from Centrica Storage to its Services contract on the 8A platform in the Rough field…