Statoil has completed a deal, selling 15% stake of the Edvard Grieg field to Lundin Petroleum, which will now increase the Norwegian giant’s shareholding in Lundin to 20.1%. The transaction also included the divestment of associated pipeline…
Aibel in Singapore has been awarded a contract for modifications on Woodside Energy Nguijma-Yin floating production storage and offloading (FPSO) off Western Australia. The work will be so that the FPSO, which operates on the Vincent oil field…
KrisEnergy's CEO Keith Cameron is to retire. He will be replaced by Jeffery S. Macdonald, a non-executive independent director of the company since 2009. Kris Energy was founded in 2009, to focus on exploration in southeast Asia. Macdonald…
Ramboll recently signed a master service agreement (MSA) with Statoil to deliver multidisciplinary insights to the industry giant. The scope of work covers oil and gas, renewables / wind, power generation and transmission, civil engineering and environmental services…
UK independent EnQuest has confirmed a discovery on the Eagle exploration well in the Greater Kittiwake area in the North Sea. Assessment of the results is underway and preliminary analysis indicates Fulmar oil bearing reservoir was…
Coming up with wave energy concepts has not been a problem in this nascent industry. Creating power take off (PTO) systems for wave energy appears to have been less easy. As a result, the University of Edinburgh is leading a project…
Tidal energy is moving up a gear, with arrays becoming real and a supply chain being put to the test. But, there’s still more to do. Elaine Maslin reports. An AR1500 generator and gearbox being assembled at OREC…
The UK oil and gas industry is eyeing opportunities in the offshore wind industry, says the EIC’s Will Sharkey. Image from iStock. The UK has developed a project portfolio of unrivaled offshore wind capacity…
While the US is only on the verge of bringing its first wind farm online, Audrey Leon surveys some of the prospects slated for the country’s federal waters. LEEDCo’s mono bucket foundation. Photo from DOE…
The wave energy sector has always provided something of a more mixed bag of concepts than the tidal sector. Elaine Maslin looks at some of them. The Perth wave energy project. Photo from Carnegie Wave Energy…
The Bevel 360 tool in operation. Photos from OMS. In deepwater pipeline projects, welding fatigue-sensitive steel catenary risers (SCR), corrosion resistant alloy (CRA) pipes and flowline pipes to tight specifications is critical…
Improved visibility and predictive maintenance can help keep operations running, says Rockwell Automation’s Luis Gamboa. Image from iStock. Minimizing downtime is a goal for every offshore oil and gas operation…
Former BP and Shell geologist Mike Shepherd says the North Sea demonstrates top in class oil recovery factors compared to the rest of the world, but could do better. BP’s Magnus platform.Photo from BP…
Unlocking Senegal and Mauritania’s major finds will be a huge hurdle, with a lack of infrastructure in both countries. But, it’s also an opportunity for supply chain companies, says the EIC’s Chad Barnes. A worker onboard the Ocean Rig Athena…
Danish firm Wavestar has a fixed installation wave energy concept, which could also incorporate wind turbines and even solar power, says CEO Laurent Marquis. The core concept involves a row of half submerged buoys or floats, attached to a fixed platform…
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