With the oil and gas sector seeing a downturn since 2014, the Platform has documented an increasing number of offshore units sold for scrap.While the recycling of fixed installations occurs under strict regulations, there are serious concerns regarding the recycling of floating structures…
Heavy lift and transport company ALE said it performed an 18,000t topside load-out and floatover transportation from a yard in Zhuhai, China. The topside will form part of a new offshore platform in the Dongfang gas fields in the South China Sea to support natural gas development in the region…
TGS said it has purchased all outstanding shares and completed the acquisition of Lasser, Inc., a Fort Worth-based company which provides historical and monthly oil and gas production data.Lasser owns, maintains and licenses a nationwide U.S…
Norway's Equinor and its partners in the Northern Lights underground carbon dioxide (CO2) storage project offshore Norway have signed preliminary agreements with seven potential industrial customers for the venture.The agreements are a crucial…
Africa-focused oil and gas exploration, development and production company LEKOIL announced progress in one of its Nigerian projects months after a temporary setback in its asset acquisition spree in the West African country.The company said…
Technology companies iXblue and 2G Robotics have signed a Memorandum of Understanding (MoU) to offer a new survey skid for inspection class remotely operated underwater vehicles (ROV). This all-in-one integrated skid will deliver high accuracy inspection capabilities on small ROVs…
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…
Sonadrill, a 50:50 joint venture between Seadrill and an affiliate of Sonangol, has secured a nine well contract with six options, each for one well, in Angola for the Libongos drillship, Seadrill announced. The estimated total contract value…
North Sea focused oil firm EnQuest is chipping away at its debt pile, which was at around $1.6 billion at the end of June, it said on Thursday, reiterating its output guidance of between 63,000 and 70,000 barrels per day this year.EnQuest's net debt stood at around $1…
The mega Johan Sverdrup field in the Norwegian NOrth Sea is expected to come on stream in October this year, one month ahead of schedule, operator Equinor announced on Thursday.The Johan Sverdrup development continues to progress well through the final stages of preparation for operations…
MHI Vestas Offshore Wind has taken delivery of the ESVAGT Albert Betz service operation vessel (SOV) purpose-built for the 269MW Deutsche Bucht offshore wind farm.The joint venture by Vestas Wind Systems A/S and Mitsubishi Heavy Industries informed…
Northern Offshore, a global offshore drilling company which operates an offshore unit and a production vessel in the North Sea, has been awarded a contract in the Middle East for its jackup rig Energy Emerger.Northern Offshore Drilling Operations…
Offshore shipping company Solstad Offshore has won a contract extension for its construction support vessel (CSV) Normand Pacific.The CSV has been working for the offshore cabling specialist Prysmian, which has now exercised its option to extend…
Petrofac, a provider of oilfield services to the international oil and gas industry, has been awarded a major contract extension in support of Repsol Sinopec Resources UK Limited’s North Sea operations.The Jersey-based energy services firm said…
Allseas Group, the offshore pipeline installation contractor, has chosen WFS Technologies’ new Seatooth Pipelogger for the real time measurement of process temperature on a subsea pipeline system which they have installed recently.WFS, the player in subsea wireless automation…
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