Latest News - page 2407


Total E&P gets two well approval

Feb 26, 2015

Total E&P Norge received approval from the Petroleum Safety Authority Norway to drill two wells in production license 627 in the central North Sea. Blocks 25/6-5 S and 25/6-5 A Skirne Øst will be drilled with the Leiv Eiriksson semisubmersible to investigate the find's potential…

JSC NIIK migrates to AVEVA Everything3D

Feb 26, 2015

Russian engineering company Research and Design Institute of Urea and Organic Synthesis Products (JSC NIIK) migrated to AVEVA Everything3D (AVEVA E3D). AVEVA Everything3D. From AVEVA. AVEVA…

Statoil selects Asco for Mariner services

Feb 26, 2015

Statoil has chosen UK-based oilfield support services firm Asco for its supply base and warehousing services on the UK North Sea Mariner field. The contract comes under two five-year contracts, with extension options, due to start in Q1 2016…

Wave energy body secures £14.3m funding

Feb 26, 2015

Scotland’s first wave energy technology development body Wave Energy Scotland will receive a total of £14.3 million over the next 13 months, Scottish Energy Minister Fergus Ewing announced. The Scottish Government is supporting Wave Energy Scotland with a budget of £1…

Rig operators look for silver lining

Feb 26, 2015

Offshore drilling rig operators have put a positive spin on the tough market conditions, suggesting that the downturn could improve the global fleet and offer opportunities to buy distressed assets.  Seadrill CEO and President Per Wullf said while…

UKCS stewardship under the spotlight

Feb 26, 2015

The UK’s new offshore oil and gas regulator is to require the top 20 North Sea operators by volume to present stewardship plans by April, as part of a string of actions to turnaround the industry published yesterday (25 February).  Stewardship…

Petrotechnics' Proscient installations completed

Feb 25, 2015

Petrotechnics has completed the implementation of its Proscient software platform on two UK offshore assets operated by Nexen Petroleum UK, a wholly owned subsidiary of China National Offshore Oil Corp. The platform will play a key role…

Statoil acquires Rocksource stake

Feb 25, 2015

Statoil and Rocksource entered into a sale and purchase agreement (SPA) for the PL 602 license in the Norwegian Sea, in which Statoil will acquire Rocksource’s 10% interest. PL 602 is located immediately west of Statoil’s Aasta Hansteen…

Santos, INPEX gain off Western Australia

Feb 25, 2015

Santos and INPEX were awarded two exploration permits offshore Western Australia. Image from INPEX.   Blocks WA-513-P and WA-514-P are located about 500km north-northeast of Broome and cover areas of 335sq km and 415sq km…

Wood Group Mustang appoints CEO

Feb 25, 2015

Wood Group appointed Michele McNichol to the position of chief executive officer (CEO) for Wood Group Mustang (WG Mustang), effective immediately.  McNichol succeeds Steve Knowles, who will retire from Wood Group on 1 April 2015.  McNichol…

Greater Stella Area delayed again

Feb 25, 2015

First production from the Greater Stella Area development in the UK North Sea has hit a further set back as delays continue on the project's floating production facility. Operator Ithaca Energy said the rate of progress of modifications…

McDermott-Petrofac ink SURF alliance

Feb 25, 2015

Oil and gas services provider Petrofac has agreed to form a strategic marketing alliance with McDermott International in the deepwater, subsea umbilicals, risers and flowlines (SURF) sector. Under a Memorandum of Understanding (MoU), the two will form a five-year alliance…

Odfjell sinks but inks Johan Sverdrup contract

Feb 25, 2015

Norwegian drilling contractor Odfjell Drilling has sunk into the red and suspended 2014 dividents after taking a major write-down on its Deep Sea Metro assets.  The firm's US$27 million loss comes despite the firm today (25 February) also announcing a large contract win on the giant $15…

Schneider Electric wins Kaombo contract

Feb 24, 2015

Saipem awarded Schneider Electric a contract to design, fabricate and pre-commission two E-House modules, fully-integrated technical buildings, to support the Total E&P Angola-operated deep offshore Kaombo FPSO project. Located 260km offshore Luanda in water depths ranging from 1400-1950 m…

Intecsea appoints new UK lead

Feb 24, 2015

INTECSEA has appointed JP Kenny director Dave Baker as Director of its UK operations. Baker (pictured) will officially join INTECSEA in April 2015, following more than 35 years' industry knowledge and expertise. His most recent role was Managing Director at JP Kenny…

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