Maersk Group has appointed Søren Skou as its new chief executive officer, effective 1 July 2016. Image of Skou, from Maersk. Skou will replace Nils S. Andersen, who will leave the Maersk Group…
UK-based small cap player Nordic has Energy has announced it is looking to wind up the company. The firm has instructed accountants Turpin Barker Armstrong to lead the insolvency proceedings. The Company listed on the ISDX Growth…
Wood Group Mustang has been chosen by the Leviathan partners to provide the front-end engineering and design (FEED) work for the Leviathan project’s production platform in a US$120 million deal. Image from Wood Group Mustang Twitter…
Hess Denmark awarded DNV GL a contract to provide asset integrity inspection management of its South Arne field in the Danish North Sea. The agreement, which is estimated to be US$1.5 million (10 million DKK) per year, includes risked…
Subsea 7 will cut 1200 staff from its workforce, and five vessels from its active fleet by early 2017 amid the ongoing downturn in the oil and gas industry. Subsea 7 said that the job and vessel cuts together with other cost savings initiatives started at the beginning of the year…
Aberdeen, UK-based services firm Proserv has won two significant contract wins in the Gulf of Mexico. The deals with Talos Energy and Hess Corp. will see Proserv carry out work at the operators’ respective Phoenix and Conger field expansion developments…
Atlantis has unveiled a technical milestone for its flagship MeyGen project in northern Scotland, which is now connected to the 33kV Ness of Quoys distribution network, following the successful installation of one of the longest underground…
Fugro has secured three contracts using the company’s Q1400 trenching system, to be deployed in the North Sea over the next 12 months. Image of the Q1400 trenching system, from Fugro. At…
Sailaway on Ithaca Energy's FPF1 floating production facility to the Greater Stella Area development in the UK North Sea is expected by the end of this month, according to contractor Petrofac. After a series of setbacks on the FPF1 modification project at the Remontowa Shipyard in Gdansk…
UK-based Independent Oil and Gas (IOG) has completed its acquisition of the 50% of the Blythe discovery it didn't already own, doubling its reserves. IOG has gained 100% of the discovery by acquiring 50% in a license covering Blocks 48/22b and 48/23a in the Southern North Sea…
The Norwegian Petroleum Directorate has granted Faroe Petroleum a drilling permit for a side track appraisal well on the Brasse discovery in the Norwegian North Sea. Well 31/7-1 A side track will be drilled using the Transocean Arctic drilling facility in production license 740…
Integrity, maintenance and engineered solutions group ICR executive chairman Bob Forbes is to retire. He will be replaced by Bill Bayliss who has held multiple senior level appointments in international oil and gas businesses including Brown and Root…
Dutch firm Mokveld Valves has commissioned two new test bunkers for testing critical, high-quality valve systems. Developed internally by Mokveld, the bunkers allow pressure testing with nitrogen and helium up to 1200 bar, and temperature testing within a range of -196-200°C…
In this video, Statoil shows a timelapse from the load out of the main support frame for the Gina Krog topside on to the heavy transport vessel Mega Caravan. Along with the process module and the utility module the 10,000 ton heavy…
Global Maritime Consultancy & Engineering, a provider of marine warranty, dynamic positioning and engineering services to the offshore sector, is to provide mooring and risk management support to the European Union’s OPERA (Open Sea Operating Experience to Reduce Wave Energy) project…