Statoil has received consent from Norway’s Petroleum Safety Authority (PSA) to drill a wildcat well in the Njord field with the Songa Delta semisubmersible, a rig that the Norwegian supermajor suspended with Songa Offshore just last week…
Greek explorer Energean Oil & Gas has reached an agreement with the Ministry of Economy of Montenegro upon Hydrocarbons Exploration and Production for offshore blocks 4219-26 and 4218-30. The proposed concession contract, joint operating…
DNV GL has today officially opened a new, state-of-the-art training centre at its large-scale testing and research facility at Spadeadam in Cumbria, UK. The oil and gas advisory and classification society is also inviting participation…
A new preliminary report into a helicopter crash which killed 11 offshore workers and two pilots has pointed to a fatigue fracture in the aircraft's gear box as the most likely cause. The Airbus Helicopters H225, operated by CHC Helicopters…
The living quarters for the Ivar Aasen development in the Norwegian North Sea has been completed and it due to sail away today (29 June). The 2300-tonne, 40m-high module was built at Apply Leirvik at Stord, Norway. The Ivar Aasen…
An aversion to risk, the race to be second, impairs the oil and gas industry’s ability to innovate. Yet, the oil price slump, from mid-2014 to today, has been a “brutal wake-up call,” creating a realization that working smarter in a…
Trelleborg’s applied technologies operation in Rochdale, England, has signed a framework agreement with i-Tech Services, a Subsea 7 company, to deliver buoyancy products for remotely operated vehicles (ROV). This is the first formal framework agreement for the supply of ROV buoyancy…
Statoil has received consent from Norway’s Petroleum Safety Authority (PSA) to use the Songa Encourage semisubmersible drilling rig for the drilling and completion of wells at Åsgard and Heidrun in the Norwegian Sea. The consent covers production drilling…
Statoil is suspending the use of another vessels this week, this time with Dolphin Drilling’s Bideford Dolphin mobile drilling facility. Dolphin Drilling, a subsidiary of Fred. Olsen Energy, received notice of suspension from Statoil for the rig…
Technip and FMC Technologies announced that the pending US$13 billion merger transaction between the companies has received an early decision from the United States antitrust regulators under the Hart-Scott-Rodino Antitrust Improvements Act of 1976 (HSR Act)…
The decision by 52% of the voters in the EU referendum last week to vote to leave the EU has had far-reaching impact across the globe. The oil and gas sector, bruised from nearly two years of low oil prices, is bracing itself for the fall out…
A floating storage unit built to serve the Mariner heavy oil field in the UK North Sea has set sail from its yard in Korea. The Mariner B vessel was built at the Samsung yard in South Korea. Before reaching the North Sea the FSU will sail some 15…
SeaBird Exploration signed an agreement to supply one 2D vessel for an upcoming survey in North West Europe during this coming summer season. The project is due to commence early Q3 2016 and will run for approximately 2 months.
Aberdeen-based oil and gas technology firm LUX Assure has secured a £2.4 million second round investment, which will allow the company to accelerate strategic growth, internationalization plans, and further key technology developments. The funding was provided by Chevron Technology Ventures…
DONG Energy has decided to build the German offshore wind farm Borkum Riffgrund 2, which is expected to be fully commissioned in 1H 2019. With this decision, DONG Energy will reach 6.7GW of installed offshore wind capacity, exceeding the 2020 target of 6…