KPMG Corp. Finance recently advised on the sale of a precision engineering specialist in the oil and gas industry. KPMG advised Vine Street Capital and the management of Lymington Precision Engineers on its sale to Senior, an international manufacturing group…
In this video, Shell shows the operation of the Noble Globetrotter II as it passed through the Bosphorus Bridge. The vessel is equipped with a multipurpose tower (MPT) specially designed to easily enter the Bosphorus. Its removable…
A total of 12 groups are challenging the US Department of Interior’s (DOI) decision to reaffirm the 2008 Chukchi Sea lease sale that will allow oil and gas drilling in a nearly 30 million acre area of the Chukchi Sea outer continental shelf (OCS)…
EnerQuip, a new oil and gas services business being launched in Aberdeen, to provide torque machines and associated services to the drilling and downhole tools sectors. The business, which is to make an initial investment commitment of US$9 million (£6 million)…
This summer the lifting system of the world's largest ship Pioneering Spirit will be fitted with 52 Holmatro cylinders, each having 280 tons lifting capacity. Image of Holmatro cylinder, Pioneering Spirit…
The X-STERN solution from Ulstein was awarded the Next Generation Ship Award at the Nor-Shipping opening conference on 2 June. X-STERN. From Ulstein. With its focus on innovation…
CT Offshore will deploy its new trencher remotely operated vehicle (ROV), the CTO 107-1100, in June at DONG Energy’s Gode Wind 1 + 2 Offshore Wind Farms in the North Sea off Germany. The CTO 107-1100…
Canadian Overseas Petroleum Ltd. (COPL) confirmed that it and its partner, ExxonMobil (XOM), remain committed to completing their Liberian Block (LB) 13 work program in Liberia under the production sharing contract (PSC). According to COPL (20% interest)…
Wireless video ensures a team approach to safety and saves money. Marieke Wijtkamp and Gregory Hale discuss the details. When a manhole cover fell multiple floors, narrowly missing two rig workers, an immediate health, safety, and environment (HSE) investigation ensued…
First production for Chevron’s Big Foot in the Gulf of Mexico is being delayed after its subsea installation tendons suffered damages. Big Foot. From Chevron. The US supermajor…
Sterling Energy completed a 3D seismic survey of approximately 1100sq km over a high-graded portion of the Ambilobe Block offshore Madagascar. The acquisition was undertaken by CGG Services, on behalf of the Ambilobe joint venture partners…
Dutch oil and gas producer Oranje-Nassau Energie (ONE) has made its first step into the UK sector by taking over operatorship of the southern North Sea Sean field. The firm says its acquisition of 50% interest in and operatorship of the…
Premier Oil has taken over 100% interest in its Solan field development West of Shetland as the project nears first oil. Premier says the Ocean Valiant rig has arrived at the Solan field and drilling of the second pair of producer-injector wells is due to start imminently…
Lloyd’s Register Consulting secured a framework agreement in risk assessment and safety studies for Statoil's Johan Sverdrup project on the Norwegian Continental Shelf. Under the agreement, Lloyds Register Consulting will provide risk…
FMC Technologies and Technip new joint venture Forsys Subsea is now operational after receiving all regulatory approvals. Forsys Subsea is a joint venture formed as part of a broader alliance between FMC Technologies and Technip, which…