Petroceltic International has said the first of a four-well campaign in the Black Sea is to be plugged and abandoned after finding sub-commercial gas shows. The Kamchia-1 exploration well, in the Galata concession offshore Bulgaria,…
UK North Sea spending on well services has reached an all time high, according to a survey by industry body Oil & Gas UK. Its well well services sector report, based on a survey carried out since 1996, showed companies delivering drilling…
IKM Consultants has taken over Poseidon Consulting Services (PCS) after buying 100% of its shares from Siemens in Norway. Poseidon, which mainly focusses on subsea and pipeline work, has about 150 staff, which will be taken in to IKM's business…
Lundin Norway AS completed drilling on wildcat well 7/4-3, 24 km north of the Brynhild field in the southern part of the North Sea. Lundin plugged and abandoned the well as a dry hole. Drilled by the Maersk Guardian to a vertical depth of 2957 m below sea surface…
TGS-NOPEC Geophysical Company (TGS) announced at its Capital Markets Day that it will embark on several new partnerships. TGS and Electromagnetic Geoservices ASA (EMGS) agreed to jointly development multi-client projects in defined areas in northwestern Europe…
After 20 years as an idea, the Pieter Schelte heavy-lift and pipelay vessel is getting close to winning its first work, with the North Sea its most likely first customer. Elaine Maslin shares a look.Big just got bigger, and what was once a dream is getting closer by the day to becoming reality…
Electromagnetic Geoservices ASA (EMGS) has entered into an agreement with North Sea Shipping to extend the charter hire period for the vessel Atlantic Guardian from September 1 2013 to March 1 2014. Furthermore, EMGS has agreed to charter…
Noble Energy confirmed that it has made a natural gas discovery at the Karish prospect off Israel. The Karish discovery well, located in the Alon C license 20 miles northeast of Tamar field, encountered 184ft of net natural gas pay in high-quality lower Miocene sands…
Wood Group announced the acquisition of Intetech Limited ('Intetech'), a niche provider of software and engineering consultancy services for well integrity and corrosion management to the global oil & gas market. Formed in 1991, Intetech employs around 30 people…
Dealing with hydrate formation in pipelines is becoming a hot topic. The issue will be the focus of multiple papers at this year’s Underwater Technology Conference.Statoil intends to have a “full subsea factory” by 2020 and one of its key…
Det Norske Oljeselskap (Detnor) ASA, has initiated production from the Jette field in the North Sea. Production from one of the two wells on the field started May 9, 2013. Based on a recovery rate of 30%, the field contains between 6 and 7 million bo/e…
Saipem announced that it has already exceeded 50% of its new contract acquisition target for 2013 in the Engineering & Construction (E&C) Business Unit. The total value of new contracts acquired from January 2013 to date in the E&C Business…
Unasys, the North East England-based technology and project management provider to the energy and construction sectors, has signed a four million dollar contract with Technip US for Statoil’s Aasta Hansteen platform. As well as ePM, the Unasys project management CMS system…
The Energy Industries Council (EIC) announced that The Right Honourable the Lord Howell of Guildford has been appointed President of the EIC. Lord Howell is a senior member of the House of Lords, and has held ministerial positions for Energy…
The offshore market is becoming of increasing importance to Finnish suppliers, partly because of the current downturn in traditional shipbuilding orders. Finnish companies have a wealth of offshore-related niche expertise from ice management to automatic welding for shipyards…
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