Helicopter pilots in Aberdeen have agreed to run a ballot for strike action over offshore helicopter operator redundancies in the North Sea. Helicopter operators have been feeling the brunt of the oil market downturn, precipitated by low oil prices…
Today’s oil and gas environment has been impacted by a myriad of issues including restrained capital spending, curtailed investment and employment cuts for struggling companies across the supply chain. Recovery from current market conditions is expected to be slow…
Norway-based semisubmersible accomodation vessel provider Prosafe has signed its first job for the newbuild accommodation vessel Safe Notos under a new contract in the UK sector of the North Sea. The contract, which covers eight months…
Norwegian offshore player Egersund Group recently set a new oil spill recovery record when its newly developed Marine Oil Spill (MOS) Sweeper system managed to recover 96.4% of oil released in a North Sea exercise. Image…
Maersk Drilling has posted an increase in profits in 2Q to US$218 million ($117m in 2014) despite three rigs being idle in the period. Maersk said the result was thanks to strong operational performance, fleet growth, general cost savings and its 2014 Venezuelan business divestment…
The Norway Petroleum Safety Authority (PSA) has granted Lundin Norway consent to drill exploration well 7220/6-2 in the Barents Sea in a prospect called Neiden. Lundin is the operator for production license 609 in block 7220/6 in the Barents Sea…
The subsea infrastructure installation campaign on Ithaca Energy's Greater Stella Area (GSA) development is nearly complete, following the conclusion of the projects five-well development drilling campaign in April. The project, in the central North Sea…
Norwegian oil firm Statoil has marked a milestone on its giant Johan Sverdrup development offshore Norway - the installation of the project's 280-tonne pre-drilling template. Heerema Marine Contractors’ crane vessel Thialf completed the installation of the 32m-long…
Image: TAM International TAM International has restructured its regional businesses into two individual hemisphere-based groups in order to achieve higher performance rates and streamline its business objectives…
Subsea connector specialist First Subsea, has successfully completed the installation of bend stiffener connections for gas lift and production risers, power cables and umbilicals, for the Goliat FPSO. Operated by ENI Norge, the…
Image: TIP OSLO/Carisbrooke Shipping Carisbrooke Shipping recently welcomed eight modern, high quality 8000 dead weight tonne general cargo vessels to their commercially-managed fleet…
The Norwegian Petroleum Directorate (NPD) granted Statoil a drilling permit for well 16/7-11 in the North Sea. Located in Block 16/7, the well will be drilled from the Songa Trym drilling facility, to the east of the Sleipner Øst field in the central sector of the North Sea…
Oil and gas operators will have to approach the challenge of decommissioning in new ways if the goal of maximizing economic recovery from the UK Continental Shelf (UKCS) is to be achieved, according to a report from professional services firm KPMG…
During Offshore Europe, a panel of leading international industry experts will discuss the preconceived perceptions that students and graduates have of a career in oil and gas, and how they differ from the experiences of those operating in the sector…
AGR's board of directors has made internal promotions to appoint a new CEO and CFO, as current CEO, Åge Landro, moves on to a new role after 11 years with AGR. Svein Sollund, part of AGR’s executive team for eight years, has been appointed as CEO…