I am very excited about the future of the oil & gas industry in the North Sea and internationally. The theme of this year’s SPE Offshore Europe conference is The next 50 years – but 50 years ago no-one could have predicted the way the UK oil & gas industry would develop or how we operate now…
The Society of Petroleum Engineers (SPE) Aberdeen Section has announced two new categories for this year’s Offshore Achievement Awards, which launch on October 1. The awards, supported by TAQA, have a 27-year history of celebrating outstanding…
In the short-term, a lack of transition training to capture transferable skills is the biggest human resources issue for the industry, says industry skills body OPITO. “The Transition Training Programme (TTP) is a fast-track course which takes workers with relevant…
As the North Sea continues to attract record investment, the scale of opportunity for the supply chain is growing, says the EIC. The growth is characterised by four key areas of activity: small or marginal developments, led by a growing number of independents…
Centrica Energy has paid tribute to the life of one of its pioneering exploration engineers who first discovered gas in Morecambe Bay Retired Chief Petrophysicist John Bains has died following a distinguished career which saw him discover one of the UK’s largest gas fields…
OMV is to invest in an offshore exploration block west of Madagascar. OMV will acquire a 40% stake in the Grand Prix block from Niko Resources (Niko). OMV will farm-in to the area for the planned drilling of an exploration well. OMV will…
New vessels, acquisitions, and expertise are driving Dutch growth. Elaine Maslin reports. The Dutch offshore sector is leveraging its engineering and seafaring traditions to grow its presence in the global oil and gas industry. The…
The Danish offshore is a mature oil and gas province with 40 years of production, but the Danish Energy Agency’s latest annual report,* says that the country is expected to remain a net exporter of oil through 2020, while gas production is…
Scandinavia’s oil and gas industry, focused on Norway and Denmark, is expecting a resurgence. Espen Erlingsen looks at trends in the sector. The North Sea is characterized by large, producing platforms with declining production. To stop the falling production in the North Sea…
Subsea UK is calling on the UK government to back plans for a national program that will support and fund subsea research, and a UK-wide skills program that will help the sector find the 10,000 people it needs to capitalize on current and future demand…
Norway’s offshore region covers 2.04 million sq km and is split into five areas: the northern, southern and central parts of the North Sea, the Norwegian Sea and the Barents Sea. Over the five regions, there have been 1400 exploration wells drilled since 1966…
Resolve Marine Group, based in Fort Lauderdale, Florida has agreed to acquire Magone Marine Services of western Alaska. The result, say Resolve, will be a greatly expanded, emergency response and marine services company that combines…
OMV New Zealand Ltd. awarded DOF Subsea Group a contract for subsea installation services to the Maari Field, Raroa FPSO offshore Taranaki, New Zealand. The project, worth approximately NOK 150 million, will be executed from DOF Subsea’s…
Norway’s Minister of Petroleum and Energy has opened the Barents Sea southeast for exploration. Inviting oil companies to nominate the blocks they would like to have included in the country’s 23rd licensing round, minister of petroleum…
ENI and Venezuela’s state oil company has agreed to create a new joint venture to exploit the Perla field condensate reserves, estimated at 170MM bbls. PDVSA will hold 60% in the new venture, with ENI holding the remaining 40%. ENI is co-operator of Cardón IV…
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