Denmark’s DONG Energy will divest its activities within the oil and gas business by the end of 2017. Image of a DONG turbine, from DONG Energy. The company has already 'initiated…
Industry funding will support TGS’ first new multi-client acquisition project in 2017, AM17 Atlantic Margin 3D in the Norwegian Sea. AM17 is a 40,000sq km project in the central-southern Norwegian Sea. The 3D survey will cover largely…
S.D. Standard Drilling, through wholly owned subsidiaries, has agreed to acquire three ST-216L CD platform supply vessels (PSVs) from Volstad Shipping, increasing its fleet to 10 PSVs. The vessels are to be acquired for a total en-bloc consideration of US$40 million…
Private equity back UK explorer Azinor Catalyst says success on a planned exploration well in Scotland's Outer Moray Firth could change industry perception of what is an under-explored part of the Moray Firth. The firm is planning a well on its Partidge prospect in the Outer Moray Firth…
UK Oil & Gas Investments subsidiary UKOG Solent has been granted a one-year extension to its initial term on license P1916, off the Isle of Wight, England, to 31 January 2018. UKOG says P1916 contains an undrilled Portland limestone conventional oil prospect…
Norway's latest licensing round has seen the fewest companies awarded licenses in the Norwegian Awards in Predefined (APA) areas in a decade. But, the number of licenses offered remains high - the most since 2013, in fact, creating an opportunity…
As of January 2017, Rotterdam Offshore Group (ROG) has started to upgrade their facilities in the Waalhaven, Rotterdam. ROG has acquired the neighboring land and buildings to their existing premises allowing the significant expansion of their quayside…
Siem Offshore has canceled the fourth of four dual fueled platform supply vessels (PSVs) shipbuilding-contracts with Remontowa Shipbuilding in Poland, due to delay in the delivery. “The company is covered with refund guarantees from an…
The first Siemens 6 MW wind turbine from the Veja Mate Offshore Wind Farm in the German North Sea started supplying the German electricity grid with green, renewable energy, just 18 months after financial close, and two months ahead of schedule…
Norwegian offshore construction vessel (OCV) operator Forland Shipping awarded OSM full technical management of its two OCV’s, the Fugro Saltire and the Lewek Inspector. OSM already provides the crew to the vessels. “We are very proud…
Chevron North Sea awarded Atkins a three-year framework contract for structural integrity services across selected fixed and floating platforms in the UK North Sea. The contract covers assets including the Alba Northern platform and topsides…
US explorer Park Place Energy has completed the US$2.1 million acquisition of three Turkish companies, the Tiway Companies, from Tiway Oil BV. Image from Park Place Energy. The…
Steve Hall is to replace Bob Allwood as CEO of the Society of Underwater Technology (SUT) this April, following Allwood's retirement after seven years in the post. Hall has been chairman of the SUT's Education and Training Committee for…
Songa Offshore's newbuild semisubmersible drilling rig Songa Encourage has been taken close to Kristiansund, Norway, for equipment overhaul and repair following a water ingreses into a pump room on 2 January. The rig is expected to be back in operations early February 2017…
Statoil is set to drill its next well, on the Mim prospect, near the Norne field after being given the green light by the Norwegian Petroleum Directorate. Statoil will use the Deepsea Bergen semisubmersible drilling rig to drill well 6507/3-12 in production license 159 B…