Shell picks Subsea7 for Fram pipeline bundleFram field set up (Photo: Shell)Shell has awarded Subsea 7 a $135 million contract for work on its Fram oil and gas development in the central North Sea.Subsea 7 will handle the engineering…
Reef Subsea contracts newbuild Olympic ReefOlympic Reef (Photo: Reef Subsea)Reef Subsea has signed a five-year plus options charter for a new-built DP subsea construction vessel from Olympic Shipping AS in Norway. The vessel, to be named Olympic Reef…
Giuseppe Caselli appointed COO for Saipem E&CUmberto Vergine, Saipem CEOSaipem announces that Giuseppe Caselli, formerly Chief Operating Officer for the Drilling Business Unit, has been appointed Chief Operating Officer for the Engineering & Construction Business Unit…
Statoil receives 14 licenses during APA roundMinister of Petroleum and Energy Ola Borten Moe (Photo: Lise Rist / OED)Forty companies walked away with shares in 51 new production licenses as part of Norway’s 2012 APA Round, the country’s…
Ogna well targets upper, middle Jurassic oilMaersk Guardian jack-up rigLundin Petroleum has commenced drilling on exploration well 8/5-1 in PL453S off Norway, the company confirmed on 14 January 2013. The exploration well seeks to…
Contract covers Talisman Sinopec brownfieldsTroll C LPP module leaving Egersund (Photo: Aker Solutions)Aker Solutions has secured an important five-year frame agreement for the execution of contracts across Talisman Sinopec Energy UK Ltd's brownfield projects on the UK continental shelf…
AGR’s Petroleum Services in three-year accordPetroleum Services, part of AGR has been awarded a well management contract from independent Norwegian E&P company Noreco.The agreement commenced January 1, 2013 and includes well management services for an initial 3 year period…
DSME awards CB&I UK Mariner topsides contractThe Mariner Field is located on the East Shetland Platform of the UK North Sea approximately 150km east of the Shetland Isles. CB&I announced today that it has been awarded a project valued in…
Dredging company Boskalis launched a takeover of Dutch marine contractors Dockwise, acquiring a 33% stake in the company. The acquisition is backed by Dockwise shareholder HAL Investments, which holds 32% outstanding shares. Dockwise has not yet accepted Boskalis’ buyout offer of E18…
Reef Subsea will install a full seismic system at Grane in an effort to increase oil recovery at the field, located 185km off Haugesund, Norway. The contract includes the installation and burial of nearly 200km of seismic cables. The contract…
Kongsberg has acquired Norwegian subsea engineering firm Apply Nemo in an effort to boost its presence in the North Sea and Australian subsea market. Kongsberg expects the purchase to close this month.
The Gazprom-chartered Ob River LNG carrier has successfully completed the first-ever delivery through the Northern Sea Route. The carrier’s journey began in early November at the Snohvit terminal in Hammerfest, Norway, and ended at the Tobata terminal in Japan in December…
Sales and marketing support company Wellton Energy has opened a new office in Norwich, UK, to serve the small and medium enterprise sector of the oil & gas industry.
The UK has approved Dana Petroleum’s US$1.6 billion Western Isles project, which seeks to develop the Harris and Barra oil fields. The nine-well northern North Sea development is expected to produce 40,000b/d in 2015. Both fields hold an estimated 45 million barrels.
BG Group has elevated Chris Finlayson to chief executive officer. He came to BG in 2010 after spending 33 years with Royal Dutch Shell. Finlayson replaces Sir Frank Chapman, who has served as CEO of the BG Group since 2000.