TechnipFMC awareded Agility Subsea Fabrication (ASF) a contract for the fabrication of one integrated subsea manifold system for the Visund North field in the Norwegian Sea. The scope of work is a copy version of an earlier delivered fast track project…
ABB has signed a project specific agreement for the safety and automation system with Statoil for the Johan Castberg offshore oil field development. Statoil has issued the first call-off from the agreement covering front-end engineering and design (FEED)…
As part of the 21st Century Exploration Road Map initiative (21CXRM), the Oil and Gas Authority (OGA), in collaboration with the 21CXRM Technical Advisory Committee, has awarded two contracts for petroleum system related studies for the East Shetland Platform and South West Approaches areas…
The UK's Oil & Gas Innovation Centre (OGIC) has helped to secure a plasma generator for the University of Aberdeen thanks to a donation from Saudi Aramco. Through its Aberdeen Technology Office, which specializes in upstream research and technology…
Independent NU-Oil raised raise US$2.56 million (£2.05 million) in new shares to help it with its stranded and marginal field strategy with 50% owned MFDevCo (Marginal Field Development Co.). NU-Oil says its next logical stage being the acquisition of a project…
Maersk Drilling has announced a shake-up in its senior managerial ranks. Lars Ostergaard, currently acting as asset manager in Maersk Drilling, has been appointed the new chief commercial officer. By mutual agreement, Ana Zambelli will…
Israel's Delek Group has made a US$524 million offer for UK independent explorer and producer Ithaca Energy. The offer, a 12% premium on Ithaca's last closing price on the Toronto Stock Exchange, would see Delek take over Ithaca's UK North Sea portfolio…
DOF Subsea has been awarded a three-year inspection, maintenance, and repair (IMR) frame agreement with one of the major oil and gas companies in the In Asia Pacific region. DOF Subsea has recently secured a safety case for Geoholm…
Oil & Gas UK has launched new guidelines, aimed at simplifying subsea developments. Realizing the potential of the North Sea’s “small pool” reserves could be helped by its guidelines, Oil & Gas UK says. The launch follows a call…
Atwood Oceanics has amended its contract with Woodside Energy, substituting the dynamically-positioned, ultra deepwater semisubmersible Atwood Condor for the Atwood Osprey for the Greater Enfield Project campaign, offshore Australia. The contract has been amended effective 2 February 2017…
Wintershall is to develop the Skarfjell field in the Norwegian North Sea via a subsea tieback to the nearby Engie-operated Gjøa platform. The Gjøa platform. Image from Engie/Jan Inge Haga. Skarfjell is in the northeastern North Sea…
The Industry Technology Facilitator (ITF) is welcoming additional participants to a new joint industry project (JIP) to develop pipeline anchoring and monitoring systems which could mitigate the risk of pipeline walking and cut pipeline anchor installation costs in half…
Genesis has been awarded two frame agreement contracts by BP covering work in the conceptual, pre-front end engineering and design (FEED) and FEED stages of the project lifecycle. The firm, which is part of TechnipFMC, said these frame…
British subsea companies are expecting to increase overseas activity in the next 12 months, according to a survey conducted by industry body, Subsea UK. Of the 300 member companies surveyed, 27% are predicting increasing exports by 50% or more in 2017…
Newly formed subsea firm M² Subsea has opened its new office in Aberdeen and created 30 jobs. The business, which secured private equity investment towards the end of 2016, has moved people and equipment into premises in Arnhall Business Park at Westhill in Aberdeenshire…