Offshore engineering firm Aquaterra Energy has secured a multi-million pound investment from EV Private Equity as the company gears up for service expansion and new technology launches. The deal is the first to be agreed following EV’s…
Nearly two years after a failed attempt, oilfield services giant Schlumberger is set to acquire a majority stake in Eurasia Drilling Co. (EDC). The Astra jackup. Image from EDC. Schlumberger…
Danish oil firm Maersk Oil has set out its concept for a full redevelopment of the Tyra field on the Danish Continental Shelf.
As part of a three year contract with Lloyd’s Register (LR), the Oil & Gas Authority (OGA) has released their first set of Regional Geological maps and data sets, which cover the UK Central North Sea and Moray Firth. Henk Kombrink, Senior…
All three of Maersk Oil's Culzean high-pressure, high-temperature (HPHT) development jackets have been installed in the UK North Sea. Maersk says they were installed on time and on budget, about 145mi east of Aberdeen and is estimated to produce between 60…
A Eurostars-funded joint industry project (JIP) led by Akselos and LICengineering has announced the signing of Royal Dutch Shell as the first operator to participate in the two-year digital twin initiative. The JIP is focused on advancing…
Industry guidelines designed to boost production efficiency in the UK Continental Shelf have been published by Oil & Gas UK. Between 2004-2012, the UK Continental Shelf (UKCS) faced the significant challenge of a sustained decline in levels of production efficiency (PE)…
The Oil and Gas Authority (OGA) has released a tranche of UK Continental Shelf data in an effort to help revitalize exploration in the basin. The latest data release follows the publication of a suite of subsurface data packages in June…
Siem Offshore and Subsea 7 have signed a joint three-year service agreement with Rolls-Royce covering 74 offshore vessels. This is the first agreement the two Siem-owned companies have signed with the same service provider. Under the agreement…
Independent Oil and Gas has submitted a field development plan (FDP) to the UK Oil and Gas Authority (OGA) for the Blythe Hub. The project comprises the Blythe and Elgood fields, which are 100% owned and operated by IOG, and are in the…
The first of five turbines for Statoil's Hywind Scotland pilot floating offshore wind park has left Stord, Norway, for its final destination, the Buchan Deep, 25km east of Peterhead in Scotland. Once operational, the Hywind Scotland pilot…
TAQA has awarded OneSubsea an engineering, procurement, construction, installation and commissioning (EPCIC) contract for a subsea multiphase boosting system for the Otter field in the UK North Sea. Through the EPCIC contract, Schlumberger’s…
TELE-FONIKA Kable (TFKable) is to acquire subsea umbilicals and power cables supplier JDR Cable Systems. TFKable is a global producer of wires and cables. Both companies have a long history of collaboration, with TFKable being JDR’s business…
Centrica and Stadtwerke München have agreed to combine Centrica’s European oil and gas exploration and production business with Bayerngas Norge. The new joint venture company will be owned 69% by Centrica and 31% by Bayerngas Norge’s existing shareholders…
Statoil and partners Eni and Petoro have made a small gas discovery in the Blåmann well, between the Snøhvit and Goliat fields in the Barents Sea, despite having been looking for oil. The Songa Enabler…
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