Sandvik Venture has acquired the German company TechnoPartner Samtronic (TPS), a manufacturer of scattering machines and double belt presses. The company’s core capabilities are reinforced Teflon belt-based double belt press machines…
Thalassa has agreed a deal to buy Go Science for £3.6 million from administrators. Go Science, which employs six people, provides mobile sensor grid services and products, in the UK and overseas, to the oil and gas, defense and homeland security sectors…
Ithaca Energy has agreed string of farm-out deals on a number of UK North Sea assets. Newly formed private-equity backed Oyster Petroleum is to take a 9% working interest in west of Shetland licences containing the Handcross prospect…
Noreco has said an end could be in sight to some of its production problems across UK, Norwegian and Danish North Sea sector assets. The firm’s Huntington and Oselvar fields were both shut-in during parts of August. At the E.ON E&P-operated UK North Sea Huntington field…
Douglas Westwood has said, according to its annual reports on deepwater production, Asia Pacific is emerging as a high-growth opportunity – albeit from a small base – as depleting shallow water fields drive the industry into deeper waters…
Austalia's Woodside has been given the official go-ahead to start exploration acitivies in Ireland's offshore Porcupine basin. Its joint venture partner Petrel Resources said Ireland's minister of state at the Department of Communications…
Diamond Offshore Drilling Inc.'s Ocean Saratoga semisubmersible drilling rig spudded a well on Noble Energy's Tyra Bank concession off Nicaragua in mid August. The rig is under contract to Noble Energy for US$323,000/d and is expected to finish in late November…
Petrobras President Maria das Graças Silva Foster announced at public hearing in the Brazilian Senate that the company plans to invest R$4 billion in 2013 and R$21.2 billion between 2013-2017 in information technology and telecommunications…
UTEC Geomarine today announced the successful completion of a significant geotechnical survey program in the West of Shetland region. The work was carried out for BP on their Quad 204 development and involved the utilization of UTEC Geomarine's…
NCS Survey, an Acteon company, was awarded a five-year contract with AKOFS Wayfarer AS, a Norwegian marine contractor, for the supply of positioning and survey services aboard the Aker Wayfarer. Since January 2011, NCS Survey has been…
There may be more than 2 billion bbl of oil under Lake Albert, said Oil of DR Congo director Giovanni Pedaci yesterday in Kinshasa. The capital city is hosting a two-day DRC Oil & Gas Forum, organized by Infrastructure Partnerships for Africa Development (iPAD)…
Barrier Group has acquired a 49% stake in a North East-based rubber product manufacturing company. The Wallsend-based company has bought the share in Tyneside’s Aquaseal Rubber with the aim of helping to expand the business’ presence in to wider markets…
Bristow Group has secured a number of new multi-year contracts for offshore oil and gas services across Europe and in other established and emerging markets. In total, the contracts are for 12 large and three medium helicopters, expected to generate up to US$850 million in revenue…
Serica Energy has said a drilling campaign will start offshore Morocco in October. Drilling will be carried out on the Foum Draa and Sidi Moussa blocks in October, and H1 2014 respectively. The well on the Foum Draa block (operated by Cairn Energy…
A plan by ConocoPhillips (UK) and co-venturer Chevron North Sea to develop the central North Sea Enochdhu field has been approved by the UK’s Department of Energy and Climate Change (DECC). ConocoPhillips, operator, expects first production to start in late 2014…
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