The UK's new regulator, the Oil and Gas Authority (OGA), has launched a competition linked to future exploration licensing rounds in order to stimulate further offshore oil and gas exploration activity in the United Kingdom Continental Shelf (UKCS)…
Zennor Petroleum has completed its acquisition of First Oil & Gas and Antrim Resources from the administrators of First Oil Expro. Zennor now takes over interests in the North Sea producing fields Mungo and Monan (License P059), Bacchus (License P255)…
Petrofac has awarded Heerema Fabrication Group (HFG) an AFC contract to fabricate the substation platform for Galloper Wind Farm (GWFL). Heerema Hartlepool is fabricating the unmanned offshore substation platform. Project engineering…
Eidesvik has been awarded contract extension for the supply vessels Viking Lady and Viking Athene from Total on the Solaris well. The contract is in direct continuation with the current contract, which began in December 2015 with an estimated duration of 75 days…
Elliot Kinch, business development manager for Interwell UK, has been appointed as the new chair of the Intervention & Coiled Tubing Association's European chapter (ICoTA). Kinch, who takes up his appointment March 2016, has served on the organization’s committee for two years…
DNV GL has appointed Ditlev Engel as the new CEO of its energy business area. Starting 4 April, Engel will succeed acting CEO Elisabeth Harstad and report to the group president and CEO Remi Eriksen. Engel will be based at the DNV GL - Energy headquarters in Arnhem…
With a weak start of the year for CGG, the French seismic company will reduce its fleet by another three vessels by the end of Q1, as its revenue dropped 32% from 2014. The Oceanic Vega. Image from CGG…
Asset Guardian Solutions Ltd. (AGSL), which specializes in protecting companies’ process control software assets, announced that Total has selected its software management platform Asset Guardian. The software will help to secure the integrity…
Statoil has outlined its six Licensing Options offered in Ireland’s 2015 Atlantic Margin Licensing Round. Statoil is set to be the operator of four Licensing Options and partner in two Licensing Options, operated by ExxonMobil. The…
Norway's Det norske has agreed to acquire fellow explorer Noreco’s Norwegian license portfolio, effective 1 January 2016. The license portfolio consists of seven licenses on the Norwegian Continental Shelf, including a 20% stake in the Gohta discovery (PL492) in the Barents Sea…
Subsea 7 has won a contract extension from BP for subsea construction, inspection, repair and maintenance (IRM) services in the North Sea. Under the agreement, Subsea 7 will provide BP with an additional two years of IRM delivery, extending the contract to 2019…
The UK oil and gas industry could release more than five million man hours each year if the sector standardized and simplified safety practices. The sector could recover as much as one hour of work per day per person at worksites through…
Opportunity North East (ONE) is working with oil and gas industry leaders to establish Aberdeen as a global center for offshore technology research and development. The funding announced by the UK and Scottish governments through the…
Production well drilling has started on Statoil's major Johan Sverdrup development offshore Norway. The first of 35 wells was spudded by Odfjell drilling's Deepsea Atlantic semisubmersible drilling rig. The US$13.3 billion first phase…
Efficiency gains could be made through better use of digital technologies, but the industry is still shy on the uptake. Nada Ahmed, senior consultant, DNV GL - Oil & Gas, looks at the opportunities and risks. Images from DNV GL…