The board of Oil & Gas UK has appointed Deirdre Michie as the organization’s new Chief Executive. Deirdre Michie will take up her position from 1 May 2015, replacing the current Chief Executive Malcolm Webb who formally retires on 31 May 2015…
Scottish tidal turbine developer Nautricity secured a grid connected tidal test berth at the European Marine Energy Centre (EMEC), following successful sea trials at EMEC’s non-grid connected site last year. In 2014, Nautricity tested…
Statoil has chosen UK-based oilfield support services firm Asco for its supply base and warehousing services on the UK North Sea Mariner field. The contract comes under two five-year contracts, with extension options, due to start in Q1 2016…
Scotland’s first wave energy technology development body Wave Energy Scotland will receive a total of £14.3 million over the next 13 months, Scottish Energy Minister Fergus Ewing announced. The Scottish Government is supporting Wave Energy Scotland with a budget of £1…
The UK’s new offshore oil and gas regulator is to require the top 20 North Sea operators by volume to present stewardship plans by April, as part of a string of actions to turnaround the industry published yesterday (25 February). Stewardship…
Statoil and Rocksource entered into a sale and purchase agreement (SPA) for the PL 602 license in the Norwegian Sea, in which Statoil will acquire Rocksource’s 10% interest. PL 602 is located immediately west of Statoil’s Aasta Hansteen…
First production from the Greater Stella Area development in the UK North Sea has hit a further set back as delays continue on the project's floating production facility. Operator Ithaca Energy said the rate of progress of modifications…
Oil and gas services provider Petrofac has agreed to form a strategic marketing alliance with McDermott International in the deepwater, subsea umbilicals, risers and flowlines (SURF) sector. Under a Memorandum of Understanding (MoU), the two will form a five-year alliance…
Norwegian drilling contractor Odfjell Drilling has sunk into the red and suspended 2014 dividents after taking a major write-down on its Deep Sea Metro assets. The firm's US$27 million loss comes despite the firm today (25 February) also announcing a large contract win on the giant $15…
INTECSEA has appointed JP Kenny director Dave Baker as Director of its UK operations. Baker (pictured) will officially join INTECSEA in April 2015, following more than 35 years' industry knowledge and expertise. His most recent role was Managing Director at JP Kenny…
Total E&P UK has awarded Technip an additional scope for the parallel development of the Glenlivet field close to the Edradour subsea development, about 75km northwest of Shetlands in the UK North Sea. The Glenlivet scope includes: fabrication and installation of 12in…
Statoil and its Johan Sverdrup partners awarded Aibel a US$1 billion contract for the engineering, procurement and construction for the deck of the drilling platform on the Johan Sverdrup field. Johan Sverdrup field…
Oil & Gas UK’s new report on offshore exploration, investment and production provides striking evidence of how rising costs, taxes and inadequate regulation have taken their toll on the UK industry’s international competitiveness. The…
Escalating cost facing the global upstream sector was a recurring theme in presentations on the challenges facing new E&P developments during IP Week in London in mid-February. Meg Chesshyre reports. An aerial view of the Laggan-Tormore development…
The Petroleum Safety Authority Norway granted Talisman Energy Norge AS consent for exploration drilling of well 15/12-24 at the Snømus prospect. Image of the Maersk Giant jackup. From Maersk. The well is located in production license 672…