UK-independent i3 Energy is planning to list on the AIM Market of the London Stock Exchange and raise US$50 million to fund the development of its Liberator field. The company acquired a 100% operated interest in License P.1987, Block 13/23d…
UK independent Parkmead has agreed a deal with Verus Petroleum to acquire 50% interest in North Sea License P.2209 containing the Farne Extension prospect and a further four prospective leads. The moves secures 100% interest in the license for Parkmead…
Saipem has been awarded a new engineering, procurement, construction and installation (EPCI) contract for the subsea umbilicals, risers and flowlines (SURF) package for ExxonMobil's proposed Liza project. Located about 120mi offshore Guyana in 1800m water depth…
Wood Group has secured a new framework agreement to provide study engineering for North Caspian Operating Company’s (NCOC) offshore and onshore asset portfolio in Kazakhstan. The contract extends Wood Group’s support of NCOC. The company…
Fugro started the Mareano hydrographic survey encompassing an area of Norwegian waters of approximately 15,000sq km. The MV Fugro Helmert, from Fugro. The contract was awarded…
The Board of Directors of Siemens Gamesa Renewable Energy unanimously appointed Markus Tacke as the company's new chief executive officer (CEO), effective immediately. Image of Tacke, from Siemens Gamesa…
Oceanteam received written notice from its joint venture partner McDermott, in which McDermott has committed to purchase Oceanteam's remaining 25% stake in the vessel-owning company North Ocean 105 on 20 June 2017. This is in line with…
Image from Weatherford. Weatherford International has commercially released the ForeSite production optimization platform at the Weatherford Enterprise Software Conference. The ForeSite…
SeaBird Exploration signed a letter of intent for an upcoming 2D seismic survey in South America. The project is estimated to start in the first half of Q3, and will have a duration of approximately two and a half months. SeaBird will be using the Northern Explorer for the project.
Statoil has received consent from Norway’s Petroleum Safety Authority (PSA) to use Songa Encourage semisubmersible vessel for drilling and completing a production well on the Troll field. Image of the Songa Encourage…
Engineering company Monadelphous Group has been awarded a major, long-term offshore maintenance services contract for Inpex Operations Australia associated with the Ichthys LNG project. The contract is for an initial six years with a further two…
Centrica is planning a US$77.66 million (£60 million) investment in its operations in Morecambe Bay, in the East Irish Sea, off the west coast of England, to boost output. The campaign will unlock up to a further 3 Bcf of gas under the…
IKM Subsea has started mobilization to the field of a permanently seabed installed remote operated vehicle (ROV), or residential ROV (RROV). The firm announced the award of a major ROV services contract for the fields Visund and Snorre B in the North Sea last August…
The massive, 600 MW Gemini offshore wind park has been opened offshore the Netherlands ahead of schedule and under budget. Gemini will produce 2.6 TWh of wind power every year, reducing the Netherlands’ CO2 emissions by 1.25 million tons…
Tendeka has launched PulseEight, its latest advance in wireless intelligent completion technology for the digital oilfield. Tendeka’s PulseEight system uses unique pressure pulse telemetry to channel wireless communication between a well’s…
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