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TechX: Accelerating Clean Tech for O&G

May 14, 2019

The Oil & Gas Technology Center (OGTC) and Deep Science Ventures (DSV) have selected two pioneering start-up companies to join industry-leading technology accelerator program, TechX Pioneers.A groundbreaking collaboration between the OGTC and DSV…

Unity Launches Shallow Intervention System

May 14, 2019

Well integrity technology, services and engineering solutions provider Unity has launched a new multi-functional, near-surface intervention system following a successful commercial project for a major operator in Northwest Africa.In its first deployment…

Decom Awards Finalists Revealed

May 14, 2019

Decom North Sea has released its agenda, while announcing award finalists ahead of this year’s Decom Offshore conference/exhibition and Decom Awards.The one-day conference, entitled “Activating the Supply Chain”, will take place in Aberdeen…

Siccar Point 'Encouraged' by Blackrock Results

May 14, 2019

Siccar Point Energy CEO Jonathan Roger said he is “encouraged” by drilling results at the Blackrock exploration well 204/5b-2 in the West of Shetland.The well was drilled with Diamond Offshore’s Ocean GreatWhite semi-submersible rig on Licence P1830 in 1…

Equinor Awards Drilling Services Contracts

May 14, 2019

Equinor said it has awarded a group of drilling service contracts worth about NOK 2.5 billion ($286 million), exclusive of options, to several suppliers.The services will be delivered to both new and existing fields on the Norwegian continental shelf (NCS)…

McDermott Scores EPCI Work at Sepia

May 14, 2019

McDermott International said on Tuesday it has been awarded contract from Petrobras for engineering, procurement, construction and installation (EPCI) of subsea risers and flowlines for the first phase of the Sepia field, located 280 kilometers from the Rio de Janeiro coastline in Brazil…

OPT Wave Power System Reaches Milestone

May 14, 2019

US-owned renewable energy company Ocean Power Technologies (OPT) announced that the Company's PB3 PowerBuoy deployed in the Adriatic Sea has produced more than one MegaWatt-hour (MWh) cumulative energy to date.  The cost-effective ocean energy…

Golden Energy Offshore Services Adds OSV

May 14, 2019

Oslo-listed offshore vessel owner Golden Energy Offshore Services (GEOS) announced that a successful delivery of the offshore support vessel (OSV) Energy Empress now has been completed.GEOS referred to the notice made 30 April 2019 announcing…

Four Rever Vessels Secure North Sea Jobs

May 14, 2019

Rever Offshore, formerly known as Bibby Offshore, announced the deployment of all four of the company’s vessels since the start of April, 2019 in the North Sea.The subsea services provider to the oil and gas industry said the Rever fleet, which…

Oil Price Risks Rise

May 14, 2019

Supply disruptions in the Middle East on top of an already tight crude market could send oil prices violently upward, said the energy research firm Rystad Energy.Two Saudi Arabian oil tankers were reportedly attacked off the coast of the United Arab Emirates this weekend…

IEA to Push for Offshore Wind Energy

May 14, 2019

The International Energy Agency (IEA) held a high-level workshop on the outlook for offshore wind energy yesterday (May 13), bringing together 80 senior representatives from government, the private sector, research groups, academia and international organisations…

Equinor Ready for Trestakk Field Start-up

May 14, 2019

The Norwegian Petroleum Directorate (NPD) has granted Equinor consent for start-up of the Trestakk field in the Norwegian Sea. Equinor plans start-up during the month of May 2019.Consent for start-up of Trestakk is granted to the licensees in production licence PL091…

K Line Offshore Sells 15-year-old PSV

May 14, 2019

The offshore support vessel provider for the global oil and gas industry, K Line Offshore has sold one of its platform supply vessels (PSV) to Gard Supply AS.The Norway-based offshore division of Japan's K Line said that the the 2004-built PSV KL Arendalfjord is its very first ship…

Aqualis, Braemar Form Offshore Alliance

May 14, 2019

Offshore engineering consultant Aqualis has entered into an agreement to acquire the marine, adjusting, and offshore business lines from the London-based  Braemar Technical Services (BTS), a division of Braemar Shipping Services,  in exchange for an equity stake in the group…

Oil&Gas Industry Records 1242 Contracts in Q1

May 13, 2019

The Oil and Gas industry reported 1242 contracts, of which 1178 were awarded contracts, said Quarterly Oil & Gas Industry Contracts Review.Europe, the Middle East and Africa (EMEA) region recorded the most contracts with 569 contracts, representing…

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