Offshore accommodation and workspace specialist HB Rentals was granted an ABS Certification of Design Assessment for its high demand 11ft by 32ft– eight-man sleeper – accommodation module. This achievement now sees this latest generation…
In an effort to restructure and transform, Eni’s 2016-2019 strategic plan is aimed for a competitive cost structure, which includes a total of US$7.9 billion (€7 billion) of disposed assets by 2019, in addition to an efficient operating model…
Prosafe’s Safe Boreas harsh environment accommodation vessel has commenced an eight-month contract with Talisman Sinopec Energy in the North Sea. The US$60 million contract comes with options. The Safe Boreas commenced operations…
Siem Offshore has been awarded two contracts for operation in the North Sea, and off Australia. Image of the MV Siem Marlin, from Siem. Contractors GmbH (SOC), a wholly owned…
The Bureau of Safety and Environmental Enforcement (BSEE) and The National Aeronautics and Space Administration (NASA) have announced a five-year agreement allowing BSEE to capitalize on the best risk management approaches from the aeronautics…
As part of the Obama Administration’s on-going commitment to a cleaner, more secure energy future, Janice Schneider, assistant secretary, Land and Minerals Management and Abigail Ross Hopper, director of the Bureau of Ocean Energy Management (BOEM)…
Current Cue Energy CEO David Biggs has been appointed the new CEO and managing director of AWE Ltd., effective May 2016. Biggs will succeed current CEO Bruce Clement, who has been given six months' notice of his employement termination…
Well-SENSE Technology’s technology director Dan Purkis has been singled out for his efforts in the offshore oil and gas industry with the award of the Society of Petroleum Engineer’s (SPE) Aberdeen section Significant Contribution accolade…
Jeroen van der Veer has been elected as a new member of Statoil's board of directors. Van der Veer was the chief executive officer at Royal Dutch Shell from 2004-2009, when he retired. Van der Veer then continued as a non-executive director on the board of Shell until 2013…
Norway’s Petroleum Safety Authority (PSA) has begun an investigation of a well control incident on the Visund field on 17 March 2016 that caused Statoil to put a halt to production and evacuate workers in the North Sea. Visund…
UK-based independent has now cut US$425 million off its North Sea Kraken heavy oil development budget as it looks to continue reining in costs. After initially shaving $300 million, or about 10%, off the project's original $3.2 billion costs…
Only one in five oil and gas companies see themselves as highly digitalized today. However, close to half of senior oil and gas professionals (45%) already see solid or high potential for big data and analytics to transform the operating efficiency of the industry in 2016…
Chevron's North Sea Erskine field production has been temporarily suspended during maintenance work to remove a pipeline blockage, according to partner Serica Energy. Erskine. Image from Chevron…
Operator VNG Norge has signed a frame agreement contract for the Pil and Bue (arrow and bow in Norwegian) project owner’s engineering services (OES) with Norwegian engineering firm Reinertsen. The OES contractor will provide necessary…
The third of geoscience firm PGS' four Ramform new-build Titan-class seismic acquisition vessels, the Ramform Tethys, has been named at the Mitsubishi Heavy Industries Shipbuilding Co. yard in Nagasaki, Japan. PGS' two first Ramform Titan-class vessels…
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