Wood Group has been awarded a three-year contract, extending its support of Shell’s eight UK Continental Shelf offshore assets. Wood Group PSN (WGPSN) will continue to deliver maintenance and construction services to the Shearwater, Gannet…
'The race to deliver full scale commercial [tidal energy] projects is gaining momentum globally and the prize for the winner will be significant,' the CEO of the world's first stock-market listed tidal energy firm told the All Energy conference and exhibition in Glasgow this morning…
After equipping over 20 purpose supply vessels (PSV)/multipurpose supply vessels (MPSV), GE has been chosen by Hornbeck Offshore Services’ (HOS) to equip two next generation of US flagged, Jones Act-qualified MPSVs, to be constructed at Eastern Shipbuilding…
Production from the Prinos and Prinos North oil fields, offshore northeast Greece has exceeded 4000 b/d, a two fold increase compared to the 2000 b/d produced before the start of an ongoing investment program, according to operator Energean Oil & Gas…
Aberdeen-based engineering group Wood Group is looking to cut around 300 UK onshore staff, the firm announced today. Wood Group says the move is 'in response to continuing cost and efficiency challenges affecting the oil and gas sector…
Cambodia's Ministry of Mines and Energy has terminated a Petroleum Agreement for Block D, offshore Cambodia, with CPHL (Cambodia), with immediate effect, according to Mirach Energy, which owns 48% of CPHLC. MME will hold Block D for…
Xodus Group has been awarded a framework agreement by Lundin Norway to provide engineering studies and verification services for its developments on the Norwegian Continental Shelf. The agreement is for four years with potential extension for two years…
Cobalt International has struck its sixth pre-salt discovery offshore Angola. The firm made a 'significant condensate and gas' discovery on the Zalophus #1 pre-salt exploration well in Block 20 offshore Angola. It is the firm's third discovery on Block 20…
First oil has been achieved from the Aje field, offshore Nigeria, according to field partner Panoro Energy. The field is in OML 113, in the western part of Nigeria in the Dahomey Basin, and operated by Yinka Folawiyo Petroleum Company…
Repsol has been given the green light to remove the Petrojarl Varg floating production unit and related subsea structures from the Varg field offshore Norway. The Varg oil field is in the North Sea, about 220km south-west of Utsira in Rogaland county…
Norway's DNV GL has issued a new, globally applicable Recommended Practice (RP) forrisk-based plugging and abandonment of offshore wells. The certificaton and verification society says, in combination with optimized project execution and new technology…
UK-based wellhead engineering firm Plexus Holdings has received its ninth purchase order since 2012 from Norway's Det norske oljeselskap, to supply surface wellhead and mudline equipment services for the Langfjellet standard pressure exploration well on the Norwegian Continental Shelf…
US-based explorer Kosmos Energy has agreed to farm-out a one third stake in its Block 42 contract area offshore Suriname to Hess. In return, Hess will fully fund the cost of a 6500sq km 3D seismic survey, expected to start in Q3 this year…
Quadrant Energy has taken over Finder Exploration's stake in four Bedout Sub-basin exploration permits offshore Western Australia. The permits are located 130km off the coast of Western Australia and contain both the 2014 Phoenix South oil discovery and the 2015 Roc wet gas discovery…
Wind powered water injection is a technically feasible project for suitable fields, according to the results of a joint industry project (JIP), revealed at the Offshore Technology Conference in Houston today. The DNV GL-led WIN WIN JIP would also be capable of meeting performance targets…
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