UK-based downhole video technology specialist EV has completed a £69 million management buyout backed by Dunedin, the UK mid-market buyout house. Headquartered in Norwich, EV provides downhole video applications for the oil and gas industry…
Technip has agreed to take a majority stake in Norwegian firm Inocean after entering into a strategic cooperation agreement with the firm, to further develop offshore floater engineering services for the Norwegian continental shelf and other offshore markets worldwide…
Aker Solutions' subsidiary Aker Oilfield Services was notified by Total in Angola of the termination of a US$250 million, two-year contract for the Skandi Aker vessel. Skandi Aker started operations as a well-intervention vessel for the first time in September last year…
A wildcat well drilled by E.ON E&P Norge in production licence 558 was dry, according to the Norwegian Petroleum Directorate. Well 6507/5-7, which was the first well drilled in PL 558, was drilled about 18km southeast of the Skarv field in the Norwegian Sea…
TGS is to start acquisition of a new multi-year, multi-client 2D program offshore Northeast Greenland. The project will be fulfilled over a maximum of four seasons, bringing TGS' total multi-client database in Northeast Greenland to more than 36…
Tony Durrant has been appointed CEO of UK-based exploration and production firm Premier Oil, with immediate effect. Durrant replaces Simon Lockett (pictured), who announced his plans to resign from Premier Oil in February this year. Read…
One successful oil discovery in Ireland’s offshore Porcupine basin could supply all of Ireland’s oil demand, if not more, according to exploration minnow Petrel Resources. The Dublin-based firm is hoping to take part in drilling in the…
BP provides this video discussing its designer-water and designer-gas enhanced oil recovery (EOR) solutions and how they have been applied to BP's various developments including Clair Ridge and Ula. You can read more about BP's LoSal technology in the June 2014 issue of OE.
UK oil and gas engineering firm, FES International, has secured a US$2.5million contract to supply its automated Diverless Bend Stiffener Connector (DBSC) to NOV Flexibles, for use by Subsea 7 on the Western Isles Development (WID) project in the northern North Sea area…
Emerson Process Management has opened a flow loop facility for Roxar technologies in Stavanger. The new facility will increase production capacity and drive future developments in multiphase meters, enabling oil and gas operators to access…
Technip has been awarded two contracts by Maersk Oil for the Valdemar and Roar gas lift project as well as the Rolf replacement pipeline project, on the Danish Continental Shelf, 250km offshore Esbjerg, Denmark. The scope of work will…
Deeper and more difficult reservoirs are demanding different concepts offshore West Africa, including tension leg platforms. Jérôme Iacovella and Pauline Beraud discuss the options. The Moho Nord TLP design…
The Archer Topaz modular rig, as it will look installed on the Helmdal platform. Photo from Archer. Archer’s new vertical drilling rig is due to debut in the Norwegian North Sea later this year…
Drilling technology has improved by leaps and bounds in the past 20 years. Yet, Statoil’s drilling and well research manager says there’s room for a revolution when it comes to efficiency. Elaine Maslin reports. “I think there’s room and need for a revolution in offshore drilling…
Canada’s SNC-Lavalin has agreed to buy Jersey-based oil and gas services company Kentz Corporation in a deal valuing the Kentz at £1.2 billion (C$2.1 billion). SNC-Lavalin said the move was part of its strategy to become a global Tier-1 engineering and construction company…
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