The offshore drilling and production equipment manufacturer Dril-Quip has announced that Dril-Quip (Europe) Limited, its wholly-owned subsidiary based in Aberdeen, Scotland, has entered into a Front End Engineering and Design (FEED) Contract…
Elaine Maslin profiles subsea organization National Subsea Research Initiative (NSRI) and its current work as it prepares for a change in leadership (first published in the January 2018 OE, access full issue here). Since its launch in 2014…
UK independent RockRose Energy has completed its acquisition of Idemitsu Petroleum. RockRose agreed to acquire Idemitsu Petroleum from Japan's Idemitsu Kosan in October. Idemitsu's UK assets comprise a substantial number of producing fields in the North Sea…
Seanamic Group’s Umbilicals International has opened a new quayside manufacturing site in Channelview, Texas – just 30 minutes east of downtown Houston – today (5 December). Umbilicals International's Channelview facility…
Dutch heavy life and accomodation vessel firm OOS International has agreed a memorandum of understanding with Chinese offshore services company Jiangsu Fanzhou Shipping to form a strategic alliance. The two hope to work together to expand the coverage of their vessels globally…
St. Louis-based technology firm Emerson Electric has once again offered to buy Milwaukee-based Rockwell Automation, this time proposing to acquire all of Rockwell’s outstanding shares in a deal valued at $29 billion. David N…
UK-based oil and gas exploration minnow i3 Energy says drilling is expected to start on its North Sea Liberator development in 1H 2018. The firm says 2P reserves on the field have been increased from an estimate of 11.7 MMboe, re-classified from 2C resources of 9…
RockRose Energy has signed deal to acquire Idemitsu Petroleum from Japan's Idemitsu Kosan. The Idemitsu UK's assets comprise a substantial number of producing fields in the North Sea, which include: 30.8% stakes in Repsol's Ross and Blake fields…
i3 Energy has submitted its field development plan and environmental statement (ES) for the development of the Liberator field in the UK North Sea. i3 plans to tie the field into the Blake field host infrastructure, then through the…
Independent oil firm i3 Energy says detailed engineering studies into a tieback for its Liberator field have started. The firm is looking to tie the field into the Blake field host infrastructure, then through the Bleo Holm floating production storage and offloading (FPSO) vessel…
Craig International has signed a five-year procurement contract for all Premier Oil’s maintenance and repair operations in the UK North Sea. The contract, which could be worth up to US$6.2 million (£5 million), will see Craig International’s…
Blake International Rigs signed a contract to mobilize the Blake Rig 651 to Energy XXI’s South Pass 77 C platform. The initial contract term is for one well, which is scheduled to start in late April following a 30-day make ready period at Blake’s Houma facility…
With UK subsea exports valued at almost US$6.31 billion (£5 billion), Subsea UK is encouraging British firms to set their sights on international expansion to sustain long-term growth. The industry body is urging companies to strengthen trade partnerships across the globe…
Dynamic Industries Saudi Arabia (Dynamic Saudi Arabia), headquartered in Al-Khobar KSA, and Houston-headquartered Dynamic Industries International (Dynamic International), have been awarded a major offshore project under their long-term agreement with Saudi Aramco…
The UK’s i3 Energy is planning to list on the stock market after acquiring the UK North Sea Liberator oil discovery, which it hopes to potentially bring to development this year. Liberator is immediately adjacent to the producing Blake field…
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