Lloyd's Register has appointed Elina Papageorgiou as its new Marine and Offshore President for UK and Ireland, starting April 1, 2020.Papageorgiou has held a variety of roles across North and South Europe in sales, marketing, and finance functions since joining LR in 2004…
Hurricane Energy and Spirit Energy, partners in the Greater Warwick Area offshore the Shetland Islands, have updated the terms of the farm-in the companies had entered in September 2018.The two companies originally agreed on a phased work program…
Diplomats and foreign observers on Thursday questioned preliminary results of Guyana's presidential election as incumbent David Granger claimed victory and the opposition denounced fraud, setting up a showdown in the oil-rich South American nation…
The UK National Decommissioning Centre (NDC) and Chevron have signed an agreement that will support research at the NDC through to 2023, focused on the effects of offshore oil and gas decommissioning on the environment.The NDC, is a technology research and development hub opened in 2019…
Offshore completions services company Tendeka has received a Letter of Intent for the supply of sand-face completion equipment to Aker BP’s Norwegian assets. Tendeka said the deal was a substantial one with a multi-million-pound scope.Over the next three years…
Large Diameter Drilling (LDD) and Barge Master have completed what the companies claim to be 'a world first' - drilling from a diving support and construction vessel (DSCV) in water deeper than 270 meters.The two companies deployed LDD’s reverse…
Oil fell on Thursday as the coronavirus epidemic showed no signs of slowing, with deaths mounting globally, and while major producers agreed on deeper output cuts to bolster prices, they could not immediately secure Russian support for the decision…
Equinor, with its partners Shell and Total, has completed the drilling of confirmation well 31/5-7 Eos south of the Troll field in the North Sea. The purpose was to determine the suitability of the reservoir in the Johansen formation for CO₂ storage…
Aker BP and Framo have signed a first long-term frame agreement for the preventive maintenance of seawater lift pumps, a deal in which “compensation is directly linked to facility uptime”, the operator said in a release Monday.While the “seawater lift as a service” agreement might sound “smart”…
British North Sea-focused oil and gas producer Premier Oil has committed to carbon-neutral operations at its fields by 2030, reporting a record free cash flow of $327 million last year, up around 30% and boosted by its flagship Catcher field…
Energy majors Shell and Equinor have signed a Memorandum of Understanding on digital collaboration to develop solutions and methods together through the exchange of expertise within areas like data science, artificial intelligence, and 3D printing…
The Dutch government on Wednesday said it would double the amount of money available under its renewable energy subsidy program to 4 billion euros ($4.45 billion) in 2020, from a previously planned 2 billion euros.The Netherlands is scrambling…
The Norwegian authorities have launched an investigation after the gangway aboard the offshore accommodation rig Floatel Endurance disconnected from the unit last week.According to the Petroleum Safety Authority Norway, the incident happened on February 29…
Lukoil shook up its oil production business on Wednesday, promoting a low-profile executive and splitting the role of a veteran of Russia's top private oil producer, who is seen as a possible future leader. đRussia's second-biggest oil producer…
Norwegian offshore vessel owner Island Offshore has informed that its Island Victory installation vessel – delivered in February – has finished mobilizing for its first campaign in the Barents Sea.Island Offshore said that the versatile vessel…
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