UK North Sea industry trade body Oil & Gas UK set out a string of tax change proposals which it says could help boost the ailing industry’s competitiveness and investors confidence. The calls for urgent tax reform follow the trade association’s latest activity report…
DONG Energy has reached an agreement with The Crown Estate to reconfigure the Hornsea zone as part of the Round 3 offshore wind development zones. Following its acquisition of the remainder of the Hornsea zone from Mainstream Renewable Power and Siemens Financial Services in 2015…
Global offshore drilling giant Transocean has set back the delivery date for five new jackup rigs by nearly four years. In an agreement with rig builder Keppel Offshore & Marine's shipyard, Keppel FELS, delivery of the five Super B 400…
Byron Energy's SM-6 #2 well in the South Marsh Island Block 6 in the US Gulf of Mexico has intersected a number of hydrocarbon bearing sands which may result in an increase in reserves estimates for the block, says partner Otto Energy. Otto…
Oceaneering International has been awarded an eight-year contract by Statoil. The agreement is to provide two work class electric remotely operated vehicles (ROVs) for Statoil’s CAT-J Platforms in the North Sea. The new ROVs are currently being built in-house and called the eNovus…
Pulse Structural Monitoring, an Acteon company, has launched INTEGRIpod NXT, the third generation of INTEGRIpod subsea motion and data logging sensor systems. INTEGRIpod NXT, a new addition to the INTEGRI range of structural monitoring sensor systems…
The UK's new regulator, the Oil and Gas Authority (OGA), has launched a competition linked to future exploration licensing rounds in order to stimulate further offshore oil and gas exploration activity in the United Kingdom Continental Shelf (UKCS)…
In early February, Mexican President Enrique Peña Nieto shook things up at the country’s oil company, Petróleos Mexicanos (Pemex), immediately replacing then-CEO Emilio Lozoya Austin with Mexico’s director of the Social Security Institute (IMSS) José Antonio González Anaya…
Zennor Petroleum has completed its acquisition of First Oil & Gas and Antrim Resources from the administrators of First Oil Expro. Zennor now takes over interests in the North Sea producing fields Mungo and Monan (License P059), Bacchus (License P255)…
Petrofac has awarded Heerema Fabrication Group (HFG) an AFC contract to fabricate the substation platform for Galloper Wind Farm (GWFL). Heerema Hartlepool is fabricating the unmanned offshore substation platform. Project engineering…
Eidesvik has been awarded contract extension for the supply vessels Viking Lady and Viking Athene from Total on the Solaris well. The contract is in direct continuation with the current contract, which began in December 2015 with an estimated duration of 75 days…
Elliot Kinch, business development manager for Interwell UK, has been appointed as the new chair of the Intervention & Coiled Tubing Association's European chapter (ICoTA). Kinch, who takes up his appointment March 2016, has served on the organization’s committee for two years…
Cyberhawk Innovations completed an offshore remotely operated aerial vehicles (ROAV) inspection offshore Newfoundland, Canada, for an oil and gas operator. The multiple workscope project was completed over the course of two weeks. Cyberhawk used ROAVs to inspect the live flare…
DNV GL has appointed Ditlev Engel as the new CEO of its energy business area. Starting 4 April, Engel will succeed acting CEO Elisabeth Harstad and report to the group president and CEO Remi Eriksen. Engel will be based at the DNV GL - Energy headquarters in Arnhem…
With a weak start of the year for CGG, the French seismic company will reduce its fleet by another three vessels by the end of Q1, as its revenue dropped 32% from 2014. The Oceanic Vega. Image from CGG…