Statoil has has extended its drilling contracts with KCA Deutag, Odfjell Drilling and Archer for services on its platforms on the Norwegian continental shelf. The contract options, based on contracts initially awarded in 2012, were exercised…
Vallourec, a provider of tubular solutions, has signed a contract with the Abu Dhabi National Oil Co. (ADNOC) to supply oil country tubular goods (OCTG) during the 2016-2018 period to its three operating companies (ADMA-OPCO, ADCO, ZADCO)…
Offshore marine and engineering consultancy Aqualis Offshore has been contracted by A2SEA to perform engineering consultancy services for its offshore wind farm installation work at the Race Bank Offshore Wind Farm offshore the UK. Aqualis…
Damen Shipyards Group has developed a committed response to the increasing number of laid up platform supply vessels (PSVs). The Dutch company’s solution involves converting idle PSVs into vessels capable of taking on roles in alternative sectors such as aquaculture…
Total has laid claim to having the oil and gas industry's largest super computer after boosting the computer power of its system up to 6.7 petaflops - or the equivalent to 80,000 laptops combined. The Pangea super computer's storage capacity has also been increased…
Oil & Gas UK has published an update of its Well Life Cycle Integrity Guidelines. The publication reflects recent changes in the regulatory environment, such as the requirement for well-operators and drilling contractors to integrate…
AGR have been awarded a frame agreement with Lundin Norway for delivering consultancy services on- and offshore Norway. The four-year agreement has extension options which could see the partnership continue for eight years in total. “We…
DONG Energy's flagship high-pressure, high-temperature Hejre field development is in a state of limbo after operator DONG Energy said it was terminating a contract for the topsides, despite being well into construction. Contractors Technip and Daewoo Shipbuilding & Marine Engineering…
Atlantic Petroleum entered into heads of terms with London Oil and Gas (LOG) to inject about US$11.4 million of funds and assets into Atlantic by 24 June 2016. “Atlantic Petroleum's Orlando & Kells assets are expected to have a high value when the market conditions improve…
After many years of decline, production of petroleum and other liquids in the United Kingdom (UK) increased by about 100,000 b/d in 2015, according to the US Energy Information Administration (EIA). The largest contribution to this…
Noble Energy says a new ruling by Israel's Supreme Court could further delay the Leviathan offshore mega-project in the Levantine Basin in the Mediterranean Sea. The Houston-based explorer said that the court affirmed Israel's natural gas regulatory framework…
Rosneft and Siemens entered into a cooperation and partnership agreement to study opportunities in the development of technical solutions and manufacturing allocation of equipment for the fuel and energy sector. Kaeser…
Schlumberger is adding to its list of takeovers with the announcement of the acquisition of Meta Downhole, a UK-based engineering and service company that offers technology and expertise to provide downhole metal-to-metal isolation solutions in well integrity applications…
Bibby Offshore has awarded a frame agreement for rigging equipment inspection and wire rope management to marine and subsea business IMES following a lengthy and competitive tender process. The agreement, potentially worth a seven-figure sum…
Cluff Natural Resources (CLNR) has signed heads of terms with Verus Petroleum UK for 25% participating interest in three licenses located in the Central North Sea and the Moray Firth. These licenses, two of which are effectively drill ready…
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