DOF has been awarded three new contracts. The first contract, with Asco Marine Ltd., is a two-year firm contract, with options, for the vessel Skandi Aukra. The second contract, with Eni Norge, is a 13-month call-off, with minimum 60 days firm for the vessel Skandi Iceman…
Forum Energy Technologies has designed, manufactured, tested and delivered its 350th rotational torque (RT) torque machine to TAM International, a downhole inflatable packer provider. The torque machine, or bucking unit as it is commonly referred…
Valhall and Hod have passed 1 billion boe produced, more than three times what was expected at the opening of the field in 1982, Aker BP said. Image of Valhall, from Aker BP. Hod…
Oilfield services provider Expro has strengthened its well abandonment services with the appointment of senior project manager, Bill Inglis. Expro launched four new business capabilities last year, including fully integrated well abandonment services encompassing…
A North Sea exploration minnow led by one of the co-founders of Ithaca Energy and Iona Energy is a step closer to taking over a North Sea discovery with plans to list on the stock market to raise the cash needed to develop the field. i3 Energy…
GEODynamics has acquired Paradigm GeoKey’s Aberdeen, Scotland-based perforating business unit effective 1 January 2017. As a result of the transaction, GEODynamics, Inc. has established its UK operating company. Chris Chalker, former managing director of Paradigm GeoKey…
Hansa Heavy Lift (HHL) has successfully transported two ship-to-shore (STS) cranes via the Northern Sea Route (NSR), relocating them from the port of St. Petersburg to the port of Vostochny, spanning both the European and Far East regions of Russia…
Dr Tony Trapp, executive chairman of Osbit and leading figure in the north east England offshore industry, has been awarded the Member of the Most Excellent Order of the British Empire (MBE) in the 2017 New Year’s Honors. Trapp has been…
Norwegian oil firm Statoil has set out its plans to drill around 30 exploration wells, in up to 11 countries on five continents, as operator and partner, in 2017 - an increase of around 30% compared to 2016. More than half of the wells will be drilled on the Norwegian Continental Shelf (NCS)…
Repsol Sinopec Resources UK has exercised options to further extend the charter of the Safe Boreas semisubmersible accommodation vessel by a total of 21 days. The firm operational period of the Safe Boreas at Montrose A in the UK sector…
Statoil has completed a deal to acquire Wintershall's 25% interest in the Byrding project on the Norwegian Continental Shelf (NCS), increasing its stake to 70%. Byrding, in PL 090B, is an oil and gas discovery in the northern part of the North Sea…
Rig operator Songa Offshore has mobilized its emergency response team after water got into a pumproom on its Songa Encourage semisubmersible drilling rig. The unit is a Cat-D rig, one of four newbuilds which have entered service for Songa in the past couple of years…
A total of 32 crude and natural gas projects are expected to commence operations in the North Sea region by 2025, with the UK claiming the highest number at 22, followed by Norway and Denmark with nine and one respectively, according to GlobalData…
Maersk Oil is to shut in its Tyra field offshore Denmark in a move that could impact a string of other fields on the Danish Continental Shelf. Maersk Oil says it was unable to find an economic strategy for full recovery of the remaining resources in the field…
Neil Gordon, chief executive of Subsea UK. When looking at oil price trends over the years since the 1920s, it becomes apparent that apart from the cyclical spikes every few years…