Wood Group has developed a new version of its ENVision software. The real-time environmental information management software system for process and industrial plants provides emissions monitoring, troubleshooting, data gathering, interpretation and complete reporting to regulatory agencies…
Wood Group has been awarded a three-year global agreement with BP for the provision of conceptual engineering services, pre-front end engineering design (pre-FEED) and FEED engineering services. The agreement has an option to extend for two additional years…
Oceaneering International signed a long-term agreement with Mærsk Supply Service to provide eight work-class remotely operated vehicles (ROVs), survey and associated services, including subsea tooling, engineering, communication and data solutions…
Noble Energy is moving forward with the development of its giant Leviathan project offshore Israel, with first gas targeted for the end of 2019. Image of Tamar operations, from Delek Group. The estimated 22 Tcf gas field…
The Ivar Aasen field in the North Sea was officially opened earlier today (13 February) by Minister of Petroleum and Energy Terje Søviknes. From left Øyvind Eriksen, chairman of the board in Aker BP and CEO in Aker…
Ocean Yield has terminated its bareboat charter contract with EMAS Chiyoda Subsea (ECS) for the Lewek Connector. The Lewek Connector, from EMAS. The two signed a short-term standstill deal for the vessel on 16 December…
Offshore Wind Consultants Ltd. (OWC), part of Oslo-listed Aqualis, has been awarded a framework agreement by Iberdrola to provide engineering and project management services for various wind farm projects offshore East Anglia, UK. Under the agreement…
Statoil awarded Simon Møkster Shipping contracts for three emergency response and rescue vessels (ERRV); and Havila Shipping for one ERRV. The contacts have a total value, included options, of nearly US$322 million (NOK 2.7 billion). The…
Large upstream projects are more often delivered by a group of partners rather than a single 100% owner. This spreads project risks and can also make it possible to finance megaprojects, which could be beyond the capacity of any single player…
French giant Total will launch 10 upstream projects in the next 18 months, as the company targets a US$3.5 billion costs savings for the year. Image of Total CEO Pouyanné, from Total. In 2017…
The Norwegian Petroleum Directorate has granted Lundin Norway a drilling permit for well 16/1-27. Well 16/1-27 will be drilled from the Island Innovator drilling facility, at position 58°50’18.11” north and 2°11’56.83” east, in a southwesterly…
Polarcus has signed a heads of agreement with Russia's SCF GEO AS (Sovcomflot) to charter a vessel on bareboat terms with delivery scheduled for March 2017, a deal that comes with an option for Sovcomflot to buy the vessel. Image of the Polarcus Nadia…
A new US$6.29 million (£5 million) fund has been launched to provide opportunities for the supply chain in Scotland to benefit from the decommissioning of North Sea infrastructure. The Decommissioning Challenge Fund (DCF), launched by the Scottish government…
Statoil's Dudgeon Offshore Wind Farm has starting producing its first electricity to the UK National Grid, off southeast England. Some 67 foundations, plus cables and the offshore substation, on the wind park were installed last year…
Marine energy developer Minesto is planning to expand the commercial roll-out of its Deep Green tidal energy technology in Holyhead Deep, North Wales, increasing its installed tidal energy array capacity to 80MW. The Swedish firm has developed a technology…