Serica Energy has signed a deal to adopt the Restrata Platform – a piece of digital safety technology which provides real-time monitoring of people and assets – on its Bruce asset in the UK Northern North Sea.Restrata, a technology and services company focused on security…
Schlumberger NV's newly-appointed Chief Executive Officer Olivier Le Peuch on Wednesday outlined his vision for the world's largest oilfield services company, vowing to exit unprofitable businesses, restructure some units and focus on returns…
Offshore vessels owner Tidewater announced on Wednesday that its board has appointed Quintin V. Kneen as President, Chief Executive Officer, and director, replacing retiring President, Chief Executive Officer and director John T. Rynd, effective immediately…
Specialist drilling waste management company TWMA reports it has secured new contracts valued at £20 million ($24.3 million) in the North Sea in the first eight months of 2019.The contracts, with major North Sea operators, are for TWMA to provide…
A new work class remotely operated underwater vehicle from SMD introduces electric drive technology to the subsea sector in a modular packageThe new Quantum EV ROV prototype, showcased at Offshore Europe in Aberdeen this week, is equipped with a new 25kW high power electric thrust system…
The chief executive of French oil major Total believes that Britain should stick by its decision to leave the European Union even though he thinks it is a fundamental mistake that could be a real issue for the UK economy'It's a choice. It's democracy…
French energy producer Total could invest up to $10 billion in the North Sea over the next five years but cost discipline must be maintained as a matter of urgency, Chief Executive Officer Patrick Pouyanne said on Tuesday.As part of its efforts…
Wood has secured an 18-month contract extension for engineering, construction and maintenance services on TAQA’s North Sea assets, the engineering firm announced on Tuesday.Effective immediately, the extension builds on a previous agreement covering the Cormorant Alpha…
Aker Solutions' new integrated approach to subsea field design aims to accelerate field development and maximize performance through the life of the field.With the firm’s newly introduced intelligent subsea approach, which combines modular,…
The Oil & Gas Technology Center, in partnership with industry, will create a new Net Zero Solution Center to accelerate the development and deployment of technologies to decarbonize offshore operations and develop the UKCS as the first net zero oil and gas basin globally…
Subsea 7 announced it has secured a contract from Total E&P do Brasil for the development of the Lapa North East field located approximately 300 kilometers off the coast of the State of São Paulo, at 2,150 meters water depth in the pre-salt Santos Basin…
Seadrill has secured a one-year contract with LLOG for the West Neptune operating in the US Gulf of Mexico, the offshore drilling contractor announced on Monday.Total contract value is expected to be approximately $74 million with commencement in December 2019…
Maersk Drilling has entered a $7.6 million contract with Petrogas North Sea to drill an appraisal well at the Birgitta field in the Central part of the UK North Sea, the Danish drilling contractor said on Monday.The contract is expected to commence in March 2020…
Underwater inspection provider Welaptega said it has appointed a new general manager for its global business.Tyler de Gier has been promoted to the role from within the company and will be based in the company’s headquarters in Halifax, Canada…
Sembcorp Marine said it has won a raft of new projects valued at S$400 million (US$288 million) that includes floating production conversion projects, offshore wind farm jacket foundations fabrication and cruise ship upgrades.THe company's Sembcorp…
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