TV presenter and maths expert Rachel Riley is set to return as host for this year’s OE-supported Offshore Achievement Awards after winning over the crowd at last year’s ceremony. After graduating from Oxford with a mathematics degree…
Aker Solutions will deliver a concept study on a new processing platform for future phases of the Statoil-operated Johan Sverdrup field in the Norwegian sector of the North Sea. The study includes design solutions for a tie-in of the…
Denmark's DONG Energy will take over an offshore New Jersey wind lease previously held by RES Americas Developments that had been awarded to RES in an auction held by the US Bureau of Ocean Energy Management (BOEM) in November 2015. The New Jersey lease encompasses 160…
In the International Energy Agency’s (IEA) oil market report for February 2016, signs of a demand slowdown surface, with higher OPEC output only partly offsetting non-OPEC decline. Having peaked, at a five-year high of 1.6 MMb/d in 2015…
Fugro and technology partner Areté Associates have successfully delivered near real-time, synoptic, surface current data to characterize loop current and loop current eddy conditions in the US Gulf of Mexico during a period of intense current conditions…
ExxonMobil is seeking a permit to plug 22 wells at its Jotun field in the North Sea, with start-up planned for April, according to news reports. The Jotun vessel. Image from ExxonMobil. The…
Aibel, along with other companies, is working on a C study for the second phase of Statoil’s Johan Sverdrup development. The study is managed from Aibel's Oslo office. Image from Aibel. Aibel's…
New oilfield services company Ardyne has been launched with £50 million backing from Lime Rock Partners and has made its first acquisition. Headquartered in Aberdeen, Ardyne will specialize in the provision of downhole products and…
Offshore trade unions have teamed up to form a co-ordinated 'fightback' against cuts and changes effecting workers in the UK's oil industry. The newly formed Offshore Co-ordinating Group (OCG) has representatives from Units, the RMT, the British Airline Pilots’ Association (BALPA) the GMB…
Technip has been awarded a lump sum contract by Deep Gulf Energy III for the development of the deepwater Southe Santa Cruz and Barataria fields, in 200m water depth in the Mississippi Canyon, Gulf of Mexico. The contract consists of: Project management and engineering services…
Wood Group has secured an extension to continue to support Chevron Upstream Europe across four offshore assets in the North Sea. Wood Group PSN (WGPSN) will deliver operations and maintenance services to the Alba Northern platform, Alba floating storage unit…
Mexican President Enrique Peña Nieto has fired Emilio Lozoya Austin as CEO at the country's state-owned oil company, Pemex. Lozoya will be replaced by José Antonio González Anaya (pictured), the country’s current director of the Social Security Institute (IMSS)…
National Ocean Industries Association (NOIA) president, Randall Luthi, issued the following statement ahead of President Obama’s budget request: “The [US] is the global leader in oil and gas production and American consumers are enjoying the lowest gasoline prices in a decade…
Qatar Petroleum has reached an agreement with Chevron Morocco Exploration, a subsidiary of Chevron Corp., to acquire a 30% participating interest from Chevron’s 75% share in three deepwater offshore leases in the Kingdom of Morocco: Cap Rhir Deep…
Non-destructive testing (NDT) company Sonomatic is investing US$5.7 million (£4 million) in building a brand new multi-disciplined facility that will allow the company to cover the entire range of NDT inspections in Aberdeen. Rendering…