TGS-NOPEC Geophysical Company (TGS) announced at its Capital Markets Day that it will embark on several new partnerships. TGS and Electromagnetic Geoservices ASA (EMGS) agreed to jointly development multi-client projects in defined areas in northwestern Europe…
After 20 years as an idea, the Pieter Schelte heavy-lift and pipelay vessel is getting close to winning its first work, with the North Sea its most likely first customer. Elaine Maslin shares a look.Big just got bigger, and what was once a dream is getting closer by the day to becoming reality…
Electromagnetic Geoservices ASA (EMGS) has entered into an agreement with North Sea Shipping to extend the charter hire period for the vessel Atlantic Guardian from September 1 2013 to March 1 2014. Furthermore, EMGS has agreed to charter…
Noble Energy confirmed that it has made a natural gas discovery at the Karish prospect off Israel. The Karish discovery well, located in the Alon C license 20 miles northeast of Tamar field, encountered 184ft of net natural gas pay in high-quality lower Miocene sands…
Wood Group announced the acquisition of Intetech Limited ('Intetech'), a niche provider of software and engineering consultancy services for well integrity and corrosion management to the global oil & gas market. Formed in 1991, Intetech employs around 30 people…
Dealing with hydrate formation in pipelines is becoming a hot topic. The issue will be the focus of multiple papers at this year’s Underwater Technology Conference.Statoil intends to have a “full subsea factory” by 2020 and one of its key…
Det Norske Oljeselskap (Detnor) ASA, has initiated production from the Jette field in the North Sea. Production from one of the two wells on the field started May 9, 2013. Based on a recovery rate of 30%, the field contains between 6 and 7 million bo/e…
Saipem announced that it has already exceeded 50% of its new contract acquisition target for 2013 in the Engineering & Construction (E&C) Business Unit. The total value of new contracts acquired from January 2013 to date in the E&C Business…
Unasys, the North East England-based technology and project management provider to the energy and construction sectors, has signed a four million dollar contract with Technip US for Statoil’s Aasta Hansteen platform. As well as ePM, the Unasys project management CMS system…
The Energy Industries Council (EIC) announced that The Right Honourable the Lord Howell of Guildford has been appointed President of the EIC. Lord Howell is a senior member of the House of Lords, and has held ministerial positions for Energy…
The offshore market is becoming of increasing importance to Finnish suppliers, partly because of the current downturn in traditional shipbuilding orders. Finnish companies have a wealth of offshore-related niche expertise from ice management to automatic welding for shipyards…
After more than 40 years of production in the North Sea, with declining production and an ever more complex and costly operating environment, it could be easy to view the basin with a “glass half empty” attitude. However, the industry…
Oceaneering International has been subcontracted by Saipem to supply umbilicals for the Burullus West Delta Deep Marine (WDDM) Phase IXa development offshore Egypt. The order is for 10 subsea production control umbilicals totaling approximately 84 kilometers (52…
North Sea focussed exploration firm Nordic Energy has taken on two industry directors as it gears up to explore offshore Denmark. The new non-executive directors are Ian Donald and Kenneth Paul Seymour. Donald has 30 years’ experience…
Innovating and being willing to do things differently could help save in excess of £100million of the cost of decommissioning its southern North Sea assets, says Anglo-French independent Perenco. But there is still plenty of scope for improvement…