Wellhead engineering firm Plexus has won a contract with new customer Masirah Oil and its majority owned technology driven oil and gas company REX International for POS-GRIP Tersus Mudline equipment and a 10,000psi adjustable rental exploration wellhead for oil exploration offshore Oman…
Aqualis Offshore has been contracted by Petrofac to perform technical support services for its work on the BorWin gamma topside that is destined for the North Sea. The scope of work includes preparation of technical specifications for…
In the awards in predefined areas (APA) round 2015, Statoil has been awarded interest in 24 licenses on the Norwegian continental shelf (NCS), 13 of those as operator and 11 as partner, breaking the company’s 2005 record for number of licenses awarded…
Norway's latest awards in predefined areas (APA) round was announced today, with some 56 licenses offered to oil firms. Duncan John, Partner at consultancy StrategicFit, offers his views. This APA round has shown that appetite for exploration in Norway has been resilient to low oil prices…
Norway's latest awards in predefined areas (APA) license round has been hailed a success with some 56 exploration licenses being offered on the Norwegian Continental Shelf. The APA rounds offer acreage in known areas on the shelf, rather than frontier acreage…
Searcher Seismic has started Phase 2 of the Silver-Eye Broadband 3D survey in the Barents Sea, offshore Norway. Following the successful acquisition of Phase 1; comprising 2663 sq km, Searcher is now acquiring additional broadband 3D data in the area…
HitecVision merged three oil companies into Point Resources, a robust mid-sized independent oil company focused on the Norwegian Continental Shelf (NCS). The new company will engage in both exploration, development and production on the NCS…
Statoil is decreasing cost estimates for the first phase of the giant Johan Sverdrup field by up to 42%, with development costs expected to decrease further, according to partner Det norske. Illustration of the Johan Sverdrup field…
Amec Foster Wheeler's outspoken CEO Samir Brikho has stepped down today, the firm announced this morning. Ian McHoul, the firm's CFO, has been appointed into the role of interim CEO with immediate effect and will chair the group leadership team while the search for the new CEO is conducted…
Suncor Energy's latest exploration well close to to the Balder field has been classified as dry by the Norwegian Petroleum Directorate. Exploration well 25/10-14 S was drilled on production license 571 near the Balder field offshore Norway…
JX Nippon Exploration and Production has agreed a deal to use Odfjell Drilling's semisubmersible Deepsea Stavanger to drill an exploration well west of Shetland on the UK Continental Shelf. Contract duration is estimated to be between 60 and 75 days and expected commencement is Q2 2016…
Airborne Oil & Gas, a composite pipe manufacturer, has secured an investment from Chevron Technology Ventures, the technology investment arm of Chevron Corp. The Dutch manufacturer has developed a range of composite pipe products that offer unique benefits for offshore oil and gas operations…
Royal IHC has successfully named and launched the 550-tonne top tension capacity pipelay vessel, Seven Cruzeiro, at its shipyard in Krimpen aan den IJssel in south Holland. Seven Cruzeiro. Image courtesy IHC Merwede…
Aker Solutions is to 'streamline' its maintenance, modifications and operations (MMO) unit in Norway from four units to one regional unit, the firm announced today. The company said it was taking 'necessary steps to reposition the business…
The International Association of Oil & Gas Producers (IOGP) has appointed Gordon Ballard to be its new Executive Director. He starts today, succeeding Michael Engell-Jensen, who is retiring after five years. Gordon comes to IOGP after spending 30 years working with oilfield services company…
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