The next wave of tidal energy development at the FORCE facility in the Bay of Fundy Nova Scotia has been triggered by a substantial grant of $29,750,000 under the Emerging Renewable Power Program (ERPP) from Natural Resources Canada (NRCan)…
Equinor has awarded Transocean a contract for drilling six wells on the Norwegian continental shelf (NCS) by use of the Transocean Norge mobile rig. Drilling start-up is scheduled for the summer of 2019.The rig has also been awarded a contract…
Royal Dutch Shell Plc is in talks to sell its assets in a Gulf of Mexico oilfield to Focus Oil to pay for its takeover of BG Group Plc, Bloomberg reported on Thursday, citing people familiar with matter.The deal could value Shell's stake in the Caesar Tonga field at about $1…
Steve Mitchell has been appointed to the Senior Management team at ASCO, taking up the role of Operations Director (Scotland) as the materials management company continues its drive for efficiency through digitalization.Mitchell, who will be based at ASCO HQ in Aberdeen…
Mexican state oil firm Pemex has reached a preliminary agreement with a consortium led by Talos Energy to evaluate whether the group's find in the Gulf of Mexico extends into a neighboring Pemex block, the companies said in a statement on Thursday…
ESVAGT UK has appointed Ian Taylor as iUK Regional Director.Taylor brings many years of shipping experience and a considerable amount of ESVAGT knowledge to ESVAGT’s UK office at Dock Gate House in the heart of Aberdeen’s harbor area. As a Chartered Shipbroker…
Norway's gas exports hit a new high of 36.8 billion cubic meters (bcm) this summer and the annual deliveries will be on a par with the record annual figure achieved in 2017, gas system operator Gassco said on Friday.Between May and August, which is normally a season with fewer gas exports…
India's Reliance Industries Ltd has shut down an offshore oil and gas field on the eastern coast of India, the company said in a statement on Friday, after seeing a natural decline in output for months.The closure marks the beginning of the…
Aberdeen-based Verus Petroleum has agreed to acquire Cieco, a subsidiary of Japanese commodity trading house Itochu for an undisclosed sum, Verus' majority owner, Norwegian private equity firm HitecVision, said on Thursday.The acquisition, which…
Maersk Drilling’s ultra-harsh environment jack-up Maersk Innovator is now heading for operation at the Buzzard field in the Central North Sea following a six-week yard stay at Invergordon, during which main contractor Semco Maritime has extended…
MacArtney said it has supplied a Low Voltage Electrical Optical Swivel (LVEOS) to Norwegian turret and loading systems provider for intended inclusion into a swivel stack for a floating production, storage and offloading vessel (FPSO).OneSubsea…
Production of oil and natural gas at the Russian Pacific island of Sakhalin is expected to decline next year, the local government said in an emailed response to a Reuters query.Sakhalin, which is also famous for producing seafood, derives most…
Cooperation between ESVAGT and its customer maximizes uptime and increases operating efficiency in offshore wind farms.Since their launch in 2015, ESVAGT’s purpose-built service operation vessels (SOV) have established themselves among the most…
At its inaugural Collaboration and Innovation in Decommissioning event earlier this month, Decom North Sea brought together more than 110 delegates – from operator and supply chain companies – to focus upon finding solutions to current and future decommissioning challenges…
Offshore and subsea construction company Hydra said it has entered into the saturation diving market in anticipation of an offshore oil and gas sector rebound.Trevor Davis, president and CEO of the Texas-based company, said Hydra has converted…
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