UK-based downhole video technology specialist EV has completed a £69 million management buyout backed by Dunedin, the UK mid-market buyout house. Headquartered in Norwich, EV provides downhole video applications for the oil and gas industry…
Technip has agreed to take a majority stake in Norwegian firm Inocean after entering into a strategic cooperation agreement with the firm, to further develop offshore floater engineering services for the Norwegian continental shelf and other offshore markets worldwide…
Aker Solutions' subsidiary Aker Oilfield Services was notified by Total in Angola of the termination of a US$250 million, two-year contract for the Skandi Aker vessel. Skandi Aker started operations as a well-intervention vessel for the first time in September last year…
A wildcat well drilled by E.ON E&P Norge in production licence 558 was dry, according to the Norwegian Petroleum Directorate. Well 6507/5-7, which was the first well drilled in PL 558, was drilled about 18km southeast of the Skarv field in the Norwegian Sea…
TGS is to start acquisition of a new multi-year, multi-client 2D program offshore Northeast Greenland. The project will be fulfilled over a maximum of four seasons, bringing TGS' total multi-client database in Northeast Greenland to more than 36…
Tony Durrant has been appointed CEO of UK-based exploration and production firm Premier Oil, with immediate effect. Durrant replaces Simon Lockett (pictured), who announced his plans to resign from Premier Oil in February this year. Read…
One successful oil discovery in Ireland’s offshore Porcupine basin could supply all of Ireland’s oil demand, if not more, according to exploration minnow Petrel Resources. The Dublin-based firm is hoping to take part in drilling in the…
Swire Oilfield Services, a global supplier of cargo carrying solutions, modular systems, offshore aviation services and fluid management has announced plans to further invest in Southeast Asia with the development of three new operational…
PGS announced plans for Springboard, a new multiclient 3D program in the Ceduna sub-basin offshore south Australia using the company's GeoStreamer technology. Acquisition is planned to start in late 2014 on this program, which will cover some 8000sq km of broadband GeoStreamer data…
KrisEnergy Ltd. an independent upstream oil and gas company, announced it has contracted the Key Gibraltar jack-up rig for development, appraisal and exploration drilling in two licenses in the Gulf of Thailand. The contract with Shelf Drilling (Southeast Asia) Limited…
Raytheon Anschütz, a German-based navigation system supplier, announced it delivered its 15,000th Standard 22 Gyro Compass in June 2014. The jubilee compass will replace a 30 year old Anschütz Standard 4 Gyro Compass onboard the superyacht Esmeralda…
BATS Wireless, a provider of wireless stabilization, optimization, and tracking systems, announced the development of enhanced technology focused on solving connectivity problems that frequently plague deep and ultra-deepwater FPSO, FSO and drillship operations…
Gall Thomson announced it has opened a state-of-the-art technology center in the UK. The center, which is part of the company’s ongoing growth strategy, will be used for the design, production, refurbishment and testing of marine breakaway couplings…
BP provides this video discussing its designer-water and designer-gas enhanced oil recovery (EOR) solutions and how they have been applied to BP's various developments including Clair Ridge and Ula. You can read more about BP's LoSal technology in the June 2014 issue of OE.
UK oil and gas engineering firm, FES International, has secured a US$2.5million contract to supply its automated Diverless Bend Stiffener Connector (DBSC) to NOV Flexibles, for use by Subsea 7 on the Western Isles Development (WID) project in the northern North Sea area…
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