Serica Energy has completed a farm out on UK East Irish Sea Blocks 113/26b and 113/27c (License P.1482) with Centrica, through its subsidiary Hydrocarbon Resources Limited (HRL). Under the agreement, HRL has acquired an operated 45% interest in the license…
BW Offshore has agreed a US$800 million, 10-year credit facility for the Catcher floating production, storage and offloading project. The facility is a combined construction and long term financing facility. The credit facility was substantially…
EMAS AMC, the subsea services division of Ezra Holdings, has been awarded several projects around the world worth close to US$110 million, including options. The scope of work for the projects include the transport and installation of subsea structures in Africa…
Mexico-focused junior explorer MX Oil plc reported on 1 August 2014 that it has established a joint venture with Geo Estratos SA de CV, an established oil services business in Mexico, that MX describes as 'potentially transformational' for the company…
An ILT being placed inside a pile. IHC Handling Systems has a tool which may prove useful removing no longer required platform jackets. Elaine Maslin reports. Operators are finally…
Loading rock on to the Flintstone at Shenzhen, mainland China. Photo from Tideway. Fast local sourcing and past experience helped Tideway turnaround a Chinese rock placement project in quick time…
Cable laud sling production at Hendrik Veder Group in Rotterdam. Photo from Hendrik Veder Group. Rotterdam-based Hendrik Veder Group moved into the fiber rope domain last year when it bought manufacturing firm G…
GustoMSC’s sixth-generation Magellan-class drillship.Images from GustoMSC Ferdinand Magellan became the first to circumnavigate the globe with a brutal three-year journey beginning in 1519…
The HelWin Beta platform, on its way out to sea. Photos from HFG. The North Sea is set to continue to provide work for fabricators for 10-20 more years, says Heerema Fabrication Group’s CEO…
An A60 fire door from InterDam. Just seven years after launching, fire- and blast- resistant door and wall manufacturer InterDam has added some impressive names to its project portfolio…
Galp Energia will plug and abandon its Tao-1 exploration well in the Tarfaya block offshore Morocco after encountering unfavorable reservoir quality in the Trident objective, partner Tangiers Petroleum announced on 4 August 2014. The…
The Pieter Schelte at Marine Engineering’s Korean yard. Photo from Allseas. Work is lining up for Allseas’ mega-vessel the Pieter Schelte, which finally starts sea trials offshore Korea this summer…
The Dutch have long dominated the heavy lifting market, especially offshore, and the country’s domination looks set to continue. Earlier this year, Allseas announced plans to build a new vessel that will top by 50% the capacity of its already enormous Pieter Schelte…
A think-tank focused on boosting Scotland’s economy has called for the new oil and gas regulator and industry taxation decision-makers to be based in Aberdeen, not London or Edinburgh. Ahead of a referendum on Scottish independence,…
Eni made a gas and condensates discovery in the Nyonie Deep exploration prospect in block D4, about 13km from the coast of Gabon. ENI estimates initial potential in place is 500MMboe. The discovery was made in the pre-salt of Gabon through the NFW Nyonie Deep 1 well…
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