Oil & Gas UK, the representative organization for the UK offshore oil and gas industry, announced the appointment of a number of member company representatives and a new team of officers to lead its board. All changes are of immediate effect…
In this video, Statoil shows the beginning stages of construction of the utility and living quarters (ULQ) on Johan Sverdrup, offshore Norway. Statoil awarded a joint venture between Kværner and KBR the contract for engineering and…
Wood Group acquired privately-owned, Australia-based SVT Engineering Consultants (SVT) adding a global vibration, dynamics and noise (VDN) engineering service line. SVT, with headquarters in Perth, provides piping and rotating equipment vibration…
The fact that exploration drilling activity is at a record lows in the UK North Sea is well recorded. It's easy to quantify and monitor. What is not so easy, is quantifying the number of already discovered fields which are currently sitting…
Murphy Oil is planning to make cuts to its worldwide workforce in direct response to the negative impacts of low commodity prices. Image from Murphy Oil. “Over the course of the past year and a half…
OneSubsea has announced the successful commission and start-up of subsea boosting systems installed in ultra deepwaters, located in the Gulf of Mexico. Installed in depths of approximately 7000ft (2100m), the subsea boosting systems consist of three retrievable 3 MW single-phase pump modules…
Statoil has awarded IKM Consultants, together with strategic alliance partners and subcontractors, a four-year framework agreement for the delivery of multi-technical disciplines and project administrative consultancy services. The agreement covers onshore…
Byron Energy spudded the South Marsh Island 71 #1 (SM 71 #1) well located in South Marsh Island Block 71 in the Gulf of Mexico, using the Hercules 205 jackup drilling rig this week. Current operations at the SM 71 #1 well are drilling ahead at 671ft measured depth…
Fugro has completed offshore works undertaken in preparation for full construction of the European Offshore Wind Deployment Centre (EOWDC) at Aberdeen Bay, Scotland. The geotechnical site investigation took place at 11 turbine locations to assess the seabed…
Maersk Oil may shut down production at Denmark’s largest gas field, should an economically viable solution for continued operations not be reached by this year. Platforms at Tyra East. Image from Maersk…
Kvaerner has signed a framework agreement with Statoil, on behalf of partners, for upgrading of the Njord A semisubmersible platform. At the same time, Statoil has made the first call-off from the framework agreement with an estimated value of US$14…
Oil Services giant Schlumberger has completed its US$14.8 billion merger with rival Cameron International, less than a year after the deal was proposed. Schlumberger CEO Paal Kobsgaard, image from Schlumberger…
All eyes will be on the current and future potential of Mexico’s oil and gas industry at the 22nd annual Petroleum Exhibition & Conference of Mexico (PECOM),taking place 5-7 April in Villahermosa, Tabasco. PECOM 2015 exhibit floor…
Backlogs for subsea equipment manufacturers have been historically high in recent years – following record levels of subsea tree orders posted in 2013-2014. The process of working through these backlogs has thus-far cushioned the market against the decline in order activity seen in 2015…
Aker Solutions' maintenance, modifications and operations (MMO) business in Norway will be the subcontractor of Kværner to provide engineering services for upgrading the semisubmersible platform at the Statoil-operated Njord A oilfield. The…