Aker Solutions has agreed to lease a new office complex in Aberdeen on a 20-year contract as part of an expansion in the UK. The facility is under development and will consist of three interconnected buildings in the new Aberdeen International Business Park near Aberdeen airport…
Aker Solutions has awarded DNV GL a global frame agreement to pave the way for better technology collaboration, more efficient project execution and considerable cost savings. The frame agreement covers the following business segments: Subsea…
GDF Suez E&P UK has renewed its Integrated Services Contract (ISC) with Petrofac. The contract covers operations, maintenance and engineering services support to GDF SUEZ E&P UK throughout its operations in the UKCS, including Cygnus, the…
Norway's Aibel has topped a recent string of contacts with a framework agreement with Statoil covering the supply of personnel to Statoil's projects in Norway and abroad. The agreement is in addition to Aibel's existing framework agreements with Statoil and is valid for one year…
Growing demand for offshore accomodation vessels in the North Sea is increasing rates and accomodatoin quality as operators seek to improve spanner time, says analysts Douglas Westwood. The firm says declining North Sea production and…
Applus RTD announced it has launched an innovative research and development program to incorporate augmented reality systems into its industry-leading technology range. To demonstrate the value and capabilities of the system, the company has integrated the technology into its RTD IWEX system…
Ulstein provides this video on the development of Island Offshore's latest vessel the Island Performer. The newbuild is a flexible, riserless light weight intervention (RLWI), and inspection, maintanence and repair (IMR) vessel built by the Ulstein Verft shipyard…
Technip announced it has been awarded a new framework agreement by Statoil, Exxon Mobil and Gassco for diving, subsea intervention and repair contingency services. Under the terms of this framework agreement, a replacement of an existing frame agreement held for eight years…
A slowdown in the Norwegian maintenance and modifications (MMO) market has led Aker Solutions to seek alternative work for more than 200 staff at the business. About 100 engineers are to be transfered to a new subsea engineering hub in Stavanger…
Statoil (UK) has awarded two five-year contracts to two UK firms for the Mariner ultra-heavy oil field, in the East Shetland Platform in part-block 9/11a in the UK North Sea. Aker Solutions' Aberdeen operations will perform maintenance and modification services for the US$7 billion project…
Petrofac is set to continue to support EnQuest’s North Sea assets, after securing an operations and maintenance contract for up to 10 years. The contract, worth an estimated US$630 million, supersedes an initial five-year contract awarded to Petrofac in 2013…
Rowan Companies plc said the Rowan Renaissance drillship has been pulled from service off West Africa after experiencing equipment problems, the company announced in its monthly fleet status report released on 27 May 2014. Rowan said…
Aker Solutions has secured a framework agreement to provide engineering, modifications and maintenance services for BP-operated oil and gas fields offshore Norway. The two-year contract is valued at a maximum NOK1.8 billion, with options to extend the work by up to four years…
Maintenance, like safety, is everyone's business. Even a cursory examination of successful energy companies reveals a strong commitment to a maintenance and safety hierarchy that goes from employees in the field all the way to the executive offices…
Wood Group PSN (WGPSN) appointed a new regional managing director to lead its Australia & Asia Pacific business. Andrew Stewart previously the southern operations business manager in Australia, and now will step into the position as part of a planned handover from Matt Gavin…