Oil & Gas UK's Q2 2014 Business Sentiment Index has revealed that industry optimism has fallen for the fifth consecutive quarter, but remains positive, just, at two points above zero on the -50 to +50 index. The industry body described…
Lundin Petroleum has announced a successful initial appraisal campaign offshore Malaysia and the start of drilling on a new exploration well in the Barents Sea. The Barents well is exploration well 7220/11-1 in PL609 in the Norwegian sector of the Barents Sea…
Left: Martin Wilson; Right: Dr. Mark Burton The Aberdeenshire-headquartered STATS Group opened a new intervention engineering and technical support hub and recruited two pipeline intervention services team members…
Norwegian drilling technology specialist Tomax released a video from an internal research program with recordings of the actual pressure impact from the drill-bit nozzles. The video gives an insight to a “blind-zone” that is often critical for pressure-sensitive deepwater operations.
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…
National Grid Carbon Limited (NGC) has awarded the multi-million pound front end engineering and design (FEED) contract for its carbon capture and storage pipeline to oil and gas engineering firm Genesis (a Technip subsidiary). Genesis…
Aibel has been awarded a framework agreement by Marathon Oil Norge for the supply of front end engineering design (FEED) and study assignments. The first assignment has already been specified - a study to clarify upgrade solutions on the floating production…
Serica Energy has completed a farm out on UK East Irish Sea Blocks 113/26b and 113/27c (License P.1482) with Centrica, through its subsidiary Hydrocarbon Resources Limited (HRL). Under the agreement, HRL has acquired an operated 45% interest in the license…
BW Offshore has agreed a US$800 million, 10-year credit facility for the Catcher floating production, storage and offloading project. The facility is a combined construction and long term financing facility. The credit facility was substantially…
An ILT being placed inside a pile. IHC Handling Systems has a tool which may prove useful removing no longer required platform jackets. Elaine Maslin reports. Operators are finally…
Cable laud sling production at Hendrik Veder Group in Rotterdam. Photo from Hendrik Veder Group. Rotterdam-based Hendrik Veder Group moved into the fiber rope domain last year when it bought manufacturing firm G…
GustoMSC’s sixth-generation Magellan-class drillship.Images from GustoMSC Ferdinand Magellan became the first to circumnavigate the globe with a brutal three-year journey beginning in 1519…
The HelWin Beta platform, on its way out to sea. Photos from HFG. The North Sea is set to continue to provide work for fabricators for 10-20 more years, says Heerema Fabrication Group’s CEO…
An A60 fire door from InterDam. Just seven years after launching, fire- and blast- resistant door and wall manufacturer InterDam has added some impressive names to its project portfolio…
The Pieter Schelte at Marine Engineering’s Korean yard. Photo from Allseas. Work is lining up for Allseas’ mega-vessel the Pieter Schelte, which finally starts sea trials offshore Korea this summer…