Statoil has awarded contracts to the FMC Technologies and Technip joint venture Forsys Subsea, and to Aker Solutions for its Trestakk field development that is scheduled for start-up in 2019, offshore Norway. Illustration of the Trestakk field…
Maersk Supply Service has launched a new Integrated Solutions business that will support the company’s ambition to become a leading integrator of marine services and solutions for the energy sector. With vessel operations remaining the core business…
Statoil awarded Coast Center Base (CCB) a contract for the reception and preparation of the two new category J rigs for Statoil: Boots and the Cinderella. The rigs are being built at the Samsung Heavy Industries shipyard in South Korea and are expected to the delivered in Q2 2017…
Ecosse Subsea Systems (ESS) is investing up to US$3.7 million (£3 million) in developing a water-jetting tool, which has the potential to double trench production rates in seabed trenching operations. Image of Cowie…
Decisions over large field developments in the North Sea continue to be deferred, but some fields are coming through, in the form of subsea tiebacks, and costs have been cut. According to Wood Mackenzie, 2016 to date has seen five final investment decisions made across the North Sea…
DNV GL awarded the first functional safety capability assessment (FSCA) certificate to Rockwell Automation, for their Functional Safety Management (FSM) system, and the first Functional Safety Product (FSP) certificate for the safety related…
Four companies have joined forces to offer a decommissioning service under one collaborative offering. Integrated DECOM, formed by DNV GL, Costain, Axis Well Technology and BMT Cordah, will offer front-end engineering and environmental…
Heerema Fabrication Group (HFG) will cut 450 jobs, amounting to 58% of its workforce, as part of restructuring efforts amid ongoing poor market conditions. Image of Zwijndrecht yard, from HFG. The cuts…
North Atlantic Drilling (NADL) was awarded a 90-day contract from Total E&P UK Ltd. for the West Phoenix semisubmersible to work in the United Kingdom, West of Shetland. The total backlog for the contract is estimated at US$17 million…
The UK business of CNOOC-owned Nexen Petroleum is planning two high-pressure, high-temperature (HPHT) exploration wells in the North Sea, with at least one in 2017, and assessing a phase 2 of its massive Buzzard development. Presenting…
Optime Subsea Services has signed a contract with an undisclosed US-based customer to supply a new hyperbaric testing system that simulates hydrostatic pressures found at water depths up to 14,000m. The 20,000psi hyperbaric pressure vessel…
Independent Oil and Gas (IOG) has received initial results from new interpretations of 3D seismic data covering the Blythe Hub licenses in their Southern North Sea (SNS) portfolio and also provides a further update on the Cronx acquisition…
Novenco has signed a contract with Singaporean contractor SMOP for delivery of HVAC equipment of air handling units (AHUs), fans and cooling equipment for the construction of the three platforms in the Culzean gas field in the UK sector of the North Sea…
A recently formed subsea services business has secured private equity investment in order to buy a fleet of 32 remotely operated vehicles. Aberdeen- and Houston-based M² Subsea was able to buy the fleet from the administrators of failed…
Statoil says it is aiming for production startup on its Trestakk discovery in the Norwegian Sea in 2019. The firm, which today submitted a plan for development and operation of the field, says the project will cost about US$610 million (NOK5…