Oil & Gas UK announced a number of appointments of member company representatives to its board. In addition to the new members joining the board, existing board member Neil McCulloch, president North Sea, of Enquest, is named as the new vice chair representative for the operator community…
Global Marine Systems acquired the Q1000 Jet Trencher, a jet trenching remotely operated vehicle (ROV). The new submersible compliments the existing burial equipment portfolio and is designed for pre and post-lay trenching as well…
Foster Findlay Associates (ffA) has released a plug-in linking GeoTeric 2015 and Landmark’s DecisionSpace Geosciences as part of Landmark’s iEnergy Partner Program. This new plug-in enables GeoTeric and DecisionSpace Geosciences users to move seismic volumes…
With the introduction of a new range of hydrostatic pressure vessels, MacArtney now offers a range of four highly capable and versatile standard pressure vessels. Furthermore, MacArtney is able to supply customized or bespoke vessels featuring alternative dimensions and pressure rating…
Sky-Futures, a provider of drone inspection services for the oil and gas industry, has raised US$3.9 million (£2.5 million) from venture capital fund, MMC Ventures, the largest investment into drone technology in Europe. The Series…
A group of ex-FMC employees have teamed up with subsea installation player DeepOcean to found Optime Subsea Services, whose multiCompletionSystem (mCS) can provide up to 80% time and cost savings on subsea tree installations compared to traditional solutions…
BP awarded Technip a lump sum project for the design, engineering, fabrication, installation and pre-commissioning of the new production pipeline systems on the south side of the Thunder Horse production drilling quarters unit in the Gulf of Mexico…
Subsea 7’s cost reduction program announced today includes cuts to its workforce by almost 20%, vessels by 28%, and is expected to lead to a corporate restructuring. Image from Subsea 7. The…
Boskalis-subsidiary Dockwise loaded the first ship-shaped floating, production, storage and offloading vessel (FPSO) onto the largest semisubmersible heavy transport vessel in the world. The Armada Intrepid FPSO was loaded onto the Dockwise Vanguard in the Caland canal…
AziNam, an offshore, Namibia-based exploration company, received government approval to assume operatorship of Petroleum Exploration License (PEL) 34 offshore Namibia. During 2014, AziNam increased its working interest in PEL 34 from 20% to 40%…
In the second installment of a two part series, Elaine Maslin takes a look at what all the clamor about standardization is, what the industry is planning to do about it and what the results have been to date. Image from DNV GL…
UK-based offshore Ireland explorer Europa Oil & Gas says an independent review of Frontier Exploration License 3/13 estimates it contains nearly 1.5 billion boe prospective resources and the potential for a “play-opening” first well. The estimate…
The new UK North Sea regulator the Oil and Gas Authority (OGA) has unveiled its core leadership team, including directors of exploration and production, technology and projects, policy and performance and a CFO. The new directors, who will be in post by mid-June…
Acteon company Offshore Installation Services (OIS) has been awarded a contract to decommission multiple wells in the North Sea by operator Centrica Energy. The initial campaign includes six subsea wells in the central North Sea, in categories 2…
UK-based operator Premier Oil resumed drilling on the Isobel Deep 14/20-1 well in the North Falkland Basin following repairs to the blowout preventer (BOP) stack. Drilling operations on the Eirik Raude semisubmersible drilling rig were…