Subsea well intervention activities are expected to flourish over the next five years, predicts analysts Douglas Westwood. Despite the recent plunge in oil price, the firm says it expects the global subsea wellstock to increase over the period by 41%…
Hungarian integrated oil and gas firm MOL Group has completed an acquisition of North Sea assets from London-listed Premier Oil. MOL acquired non-operated interests in the Nexen-operated Scott (21.84%), Telford (1.59%) and Rochelle (15%) fields…
Aberdeen City Council has called for a summit, bringing together governments, trade unions and industry bodies, to see if there are way to save jobs in the city. The industry has seen a tide of cut backs and redundancies in the facing of the plummeting oil price…
Offshore Ireland focused exploration firm Providence Resources has confirmed that it has received a judgement in its favor in a ruling over costs Transocean was claiming against it. The case related to cost claims made by Transocean…
Wärtsilä has been given full notice to proceed (NTP) from Manga LNG Oy for the supply of a liquefied natural gas (LNG) import terminal in Tornio, Northern Finland. Illustration of the LNG terminal. From Wärtsilä…
BP’s request to extend the operating life of the Valhall field quarters platform (QP), has been denied by the Petroleum Safety Authority Norway (PSA) stating that BP has failed to define realistic acceptance criteria for non-linear analyses…
DONG Energy is constructing the offshore wind farm Burbo Bank Extension located 8km off the United Kingdom coast in Liverpool Bay. Image of DONG's Barrow Offshore Wind Farm. From DONG. Burbo…
The American Petroleum Institute (API) published a new recommended practice for structural integrity management to emphasize the importance of understanding topside structural integrity in order to maintain the offshore structures used in oil and natural gas drilling and production operations…
Nexans provided its first delivery for the subsea direct electrical heating (DEH) system to be used at BP's Shah Deniz Stage 2 development off Azerbaijan in the Caspian Sea. Nexans is tasked with supplying a comprehensive subsea DEH system…
MENCK’s “Gentle Giant” will be used to assist Bilfinger Marine & Offshore Systems with the installation of subsea foundations for Project Sandbank, a new 72 turbine strong wind farm in the North Sea. The Gentle Giant…
Iberdrola Renewables Offshore Deutschland GmbH awarded Royal Boskalis Westminster N.V. (Boskalis) in partnership with Volker Stevin International (VolkerWessels) a US$91.8 million contract for the partial construction of the Wikinger Offshore Wind Farm in the German section of the Baltic Sea…
Ennsub completed the design and manufacture of two innovative workclass remotely operated vehicle (WROV) deployment systems to ROVOP. Image from Ennsub. The systems were designed and…
Thrustmaster of Texas delivered the BS Camburi vessel to Petrobras. Image from Thrustmaster. The BS Camburi is a 36m monohull crewboat built in Brazil by Arpoador Engenharia to the Petrobras type P2 specification…
Ennsub has completed the design and manufacture of two innovative workclass remotely operated vehicle (WROV) deployment systems, designed and manufactured for ROVOP and are due to be installed into a new build, tier one pipelay vessel early 2015…
The Gazelle gas field offshore Cote d'Ivoire has taken a step forward after the country's president signed an Exclusive Exploitation Authorization (EAA). The field, operated and 86% owned by Vioco, which is a joint 35/65% venture between…