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LR inks Statoil Master Services Agreement

Nov 27, 2015

Lloyd’s Register has been awarded a global Master Service Agreement with Statoil Petroleum.  The Master Service Agreement (MSA) is for platform technology services and HSE studies is effective from 10 November 2015 and will cover Statoil’s…

Airborne inks latest composite pipe contract

Nov 27, 2015

A West African operator selected Airborne Oil and Gas’s thermoplastic composite pipe (TCP) technology as the preferred solution for injecting large volumes of stimulation fluids offshore in deep water offshore West Africa. Airborne Oil & Gas will supply a 1450m-long…

Lamprell confident in Middle East

Nov 27, 2015

Dubai based rig builder and construction firm Lamprell is hoping work in the Middle East will help it buffer the downturn.  The firm currently has seven concurrent jackup rigs being constructed at its Hamriyah yard, a record for the group…

Largest pipe bending machine delivered

Nov 27, 2015

UK-based Unison has installed and commissioned the world’s largest and most powerful all-electric pipe bending machine, at the Norwegian offshore and maritime services company, Westcon Yard. Capable of generating a colossal 660,000 Nm of continuous…

North Sea tax receipts to fall 94%

Nov 26, 2015

Government tax receipts from North Sea oil and gas producers will be down by 94% this year to just £130 million, the UK’s Chancellor, George Osborne revealed yesterday.  The revelation was made as part of the Chancellor’s Autumn Statement and Spending Review…

Lundin abandons dry Malaysian well

Nov 26, 2015

Lundin Petroleum Selada-1 exploration well in Block PM308A, offshore Malaysia, has been plugged and abandoned after being found to be dry. The well was targeting hydrocarbons in Miocene aged sands about 14km to the south of the Bertam field operated by Lundin Malaysia…

Aker inks BP frame agreement

Nov 26, 2015

Aker Solutions won a framework agreement to provide maintenance and modifications services at BP-operated oil and gas fields offshore Norway. The contract has a fixed period of five years valued at as much as NOK 3.2 billion. It also…

Confidence crisis in North Sea

Nov 26, 2015

The confidence of North Sea oil and gas contractors is at an all-time low, according to a new industry report released today. Four in five contractors (79%) surveyed say they are less confident in their prospects than a year ago, compared to just 1% that are more confident…

Electric fault hampers Alvheim production

Nov 25, 2015

Due to an electric fault in the high voltage drive motor for one of the gas export compressors, the Alvheim FPSO will be running at reduced production for a period of approximately four weeks while the motor is being replaced. Currently…

Drilling commences on Roc-1

Nov 25, 2015

Carnarvon Petroleum has announced that operator Quadrant Energy has spud the Roc-1 well on 24 November 2015. Drilling is expected to reach 4700m total depth, and take about 35-40 days trouble free. Well logging and sidewall coring is expected to take about 5-10 days on success case…

Russian sanctions hurt SMD

Nov 25, 2015

UK-based ROV and trenching vehicle manufacturer Specialist Machine Developments (SMD) is to cut 80 jobs in the wake of its largest ever order being suspended due to Russian sanctions.  Image from SMD Facebook…

Wild Well Control increases in Asia-Pacific

Nov 25, 2015

Wild Well Control increased its presence in the Asia-Pacific region this month.  Steve Nas, regional manager of Well Control Engineering – Asia-Pacific region, brings nearly 35 years of experience with a focus on underbalanced and managed…

Penspen lands Nigerian engineering study

Nov 25, 2015

Penspen has been awarded a contract from Sirius Group to conduct an engineering study for the monetization of gas reserves from oilfields offshore Niger Delta. A key element of this agreement is the development of gas reserves of the OML 122 field…

First Subsea award wind farm contract

Nov 25, 2015

Subsea connector specialist, First Subsea, has been awarded a contract to supply a cable connector for the third phase of the Fukushima Floating Offshore Wind Farm Demonstration, offshore Japan. In this latest phase of the project, the connector…

IMES invests in new technology

Nov 25, 2015

Marine and subsea firm Inspection Monitoring Engineering Solutions (IMES) has invested US$75,481 (£50,000) in new technology, expanding its existing service offering for clients in the oil and gas industry. The Aberdeen-based company…

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