Oil and gas company Neptune Energy said Tuesday it had awarded a $30 million decommissioning contract to Well-Safe Solutions, for a campaign covering more than 20 wells located across eight Dutch and UK North Sea fields.'It is the first multi-region…
UK-based offshore well decommissioning firm Well-Safe Solutions has teamed up with Houston-based services company Trendsetter Engineering to equip its Well-Safe Guardian semi-submersible rig with the Trident Intervention System.'Featuring a compact yet powerful design…
TCO, a Norway-based well solutions provider, has appointed Robert Jay Abercrombie as its new CEO.'An expert in petroleum engineering, leadership and strategy, Robert has more than 14 years’ experience within the energy sector. His appointment…
U.S. based offshore well services company Helix Energy Solutions Group has finalized the previously announced acquisition of the Alliance group of companies, bolstering its decommissioning footprint in the Gulf of Mexico.Alliance is a Louisiana…
U.S.-based offshore oil and gas services firm Helix Energy Solutions Group is set to buy equity interests of Louisiana-baed Alliance group of companies for $120 million cash at closing, plus the potential for post-closing earnout consideration…
Reimagining uses for innovative technologies originally designed for critical service in subsea developments could open the door to safer CO2 storage and usage.The energy transition occurring worldwide is redefining energy production and consumption…
Venezuela this year almost doubled its oil production from last year's decades-low as its state-owned company struck deals that let it pump and process more extra heavy crude into exportable grades.The surprising reversal began as state-run Petroleos de Venezuela…
UK-based offshore wind developer SSE Renewables has informed that construction of Seagreen, the world’s deepest fixed bottom offshore wind farm, which is also Scotland’s largest, has reached another milestone with the installation of a jacket…
Houston-based offshore services firm Helix Energy Solutions has won a 5-well complete abandonment project by New Zealand’s Ministry of Business, Innovation & Employment (MBIE).Helix Energy Solutions will deploy its Helix Q7000 semi-submersible vessel and 10K Intervention Riser System (IRS)…
FourPhase, the solids and production performance specialist for the oil and gas sector, has said it has carried out the first-ever successful desander operation in the wider Trinidad region.The company said it had completed the operation successfully…
Offshore oil and gas well services company Helix Energy Solutions said Monday it had won a multi-year riser-based well intervention scope of work with an unnamed major operator for the charter of the Helix Q5000 and 15K Intervention Riser System in the US Gulf of Mexico…
Oilfield services giant TechnipFMC plans to acquire the remaining 49% of shares in TIOS AS from Island Offshore.TIOS is an offshore well intervention joint venture formed in 2018 between TechnipFMC and Norwegian offshore vessel owner Island Offshore…
The Abu Dhabi National Oil Company (ADNOC) on Wednesday announced awards of $763.7 worth of contracts to Schlumberger, ADNOC Drilling, and Halliburton for integrated rigless services across six of its artificial islands in the Upper Zakum and Satah Al Razboot (SARB) fields…
North East England-based offshore technology supplier Osbit Ltd has said it has reached a key milestone in the assembly of an innovative new well intervention tower system for FTAI Ocean.Following the installation of the top section of the tower onto the lower section in a complex lift operation…
Hempstead, Texas-based oil and gas equipment company Logan Industries has said it has delivered a custom-built ‘skinny’ coiled tubing lift frame (CTLF) for an unnamed client in Trinidad.'The job scope involved providing a safe and consistent…
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