A major study is underway to identify new processes and technologies that can be applied to asset integrity challenges in the UK offshore oil and gas industry. Lockheed Martin has been commissioned to conduct a technology landscaping…
UTEC NCS Survey, part of UTEC (an Acteon company), has announced the award of a multi-year rig move and positioning framework contract with Total. Total recently awarded the three-year contract with the opportunity to provide positioning…
Atlantis Resources and ScottishPower Renewables (SPR) are teaming up to develop a joint portfolio of projects for the growing tidal sector, announced Atlantis. Atlantis’s Scottish project development vehicle, Tidal Power Scotland Limited (TPSL)…
Shipping and offshore specialist law firm Wikborg Rein says current low oil prices could mean there are bargains to be had for investors in the offshore sector who follow recommended procedures for assessing and acquiring distressed companies…
The international satellite communications industry has elected Tracey Haslam, president of Harris CapRock Communications, to serve on the Global VSAT Forum’s (GVF) board of directors. The vote was held in conjunction with the GVF…
Cameron stockholders voted to approve the merger agreement between the equipment manufacturer and Schlumberger today (December 18) at a special meeting. In late August, oilfield services giant Schlumberger announced it would acquire Cameron in a deal worth US$14…
Following the participation in front-end engineering and development (FEED) work over past several months, Sevan Marine has announced that it has signed two agreements related to the FPSO prospects in the UK North Sea. The first agreement…
Polarcus has received a letter of intent from Maersk Oil on behalf of the Danish Underground Consortium (DUC) for a 4D marine seismic survey offshore Denmark. The project is due to commence in Q2 2016 and will run for approximately three months…
The US is losing its opportunity to lay claim to Arctic exploration, falling behind countries such as Norway and Russia. Now with Shell and Statoil exiting Alaska’s offshore, many in the industry and in politics are wondering how to salvage Alaskan offshore exploration…
Energy analysts Douglas Westwood say the oilfield services market has seen a 39% drop in capex in the last year, with North American expenditure falling the hardest, at 55%. The group, discussing its World Oilfield Services Market Forecast…
Orkney based Scotrenewables Tidal Power (SRTP) has secured a further £5.7 million from investors to allow it to demonstrate the world’s largest tidal turbine. The company is currently nearing the completion of the build of its SR2000 (2MW) system in the Harland & Wolff shipyard in Belfast…
Drilling contractor Noble Corp. is relocating its drillship Noble Discoverer to Singapore where it will be stacked after Shell terminated its contract on the rig. Shell had been using the Noble Discoverer for its failed arctic exploration in the Chukchi Sea alongside the Polar Pioneer…
Heerema Fabrication Group has marked the first steel for Maersk Oil's Culzean development jackets at its yard in Vlissingen, the Netherlands. HFG has contracts for fabricating the central processing facility, utilities and livings quarters and well head platform jackets for the high-pressure…
Statoil has decided to cancel the contract with Transocean for the drillship Discoverer Americas. The drillship has been on contract with Statoil since 2009, supporting Statoil’s exploration activities in East and North Africa and the Gulf of Mexico…
Statoil and its partners have submitted a plan for Norway's first unmanned platform to develop three oil and gas fields under its North Sea Oseberg Vestflanken 2 project. The development, targeting the Alpha, Gamma and Kappa oil and gas fields…
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