Cumulative offshore wind capacity is forecast to reach 74GW, driven by a large number of developments taking place in the UK, Germany and China and strengthened by the growth of new entrants to the offshore wind sector, such as France and the US…
Houston-headquartered Apache Corporation has claimed it has increased its North Sea reserves by some four to seven times since the end of 2014. In a trading update highlighting the performance of its North Sea business, focusing on the Forties and Beryls assets…
The Aberdeen, Highlands & Islands branch of the Energy Institute (EI) is hosting its annual MSc Student Best Paper competition for postgraduate students in Aberdeen later this month, with support from OE (Offshore Engineer). The event…
The UK's Department of Energy and Climate Change (DECC) has set out a strategy to maximize the economic recovery of offshore oil and gas in the UK. The legally-binding strategy aims to get more value from the North Sea through better…
Fugro has been awarded a five-year contract for the provision of underwater services to Total E&P UK (TEP UK). Under the contract, which runs from July 2015 and includes extension options for a further two years, Fugro is providing a…
Forecast total oil and gas infrastructure decommissioning spending on the UK Continental Shelf (UKCS) will reach £16.9 billion over the next decade, according to new industry estimates. The latest figure, for the period to 2024, is an increase of £2…
The plummeting oil price has exerted huge financial pressures on the oil industry, forcing companies to identify areas where costs can be cut and savings made. The battle to shore up finances and compensate for the loss of revenue means the…
In this video, Visuray shows its VR90 tool, which uses X-ray technology to visualize in detail downhole hardware and borehole objects. The improved visibility allows oil companies to plan well interventions that address these issues precisely and efficiently…
Visuray announced a first commercial application of their X-ray wireline technology for downhole imaging in wells filled with opaque fluid. In a well, managed by TAQA Energy in Holland, Visuray’s VR90 tool successfully imaged the top of a coiled tubing disconnect with millimeter accuracy…
Image from Aker Solutions Aker Solutions and MAN Diesel & Turbo agreed to form an alliance to develop the next generation in subsea compression systems that can be used at even the smallest…
The Roc Oil and CNOOC-led joint venture spudded the WZ 12-8W-A6P1 appraisal well, in Beibu Gulf, offshore China, according to parnter Horizon Oil. Map from Horizon Oil. The well is located in the Weizhou 12-8 fields area…
Image: Brandon Bordelon/Bordelon Marine Bordelon Marine has taken delivery of the MV Brandon Bordelon a DP2 ultra-light intervention vessel (ULIV) this month. The vessel features a helideck…
E Plug has been named 2015 winner of the Intervention & Coiled Tubing Association (ICoTA) European Chapter’s Innovation Award. Scott Mitchell, Chair of the European Chapter of ICoTA (left), presents the award to Thomas Johansen…
Mexican Secretary of Energy Pedro Joaquín Coldwell presented International Energy Agency (IEA) executive director Fatih Birol with an official letter declaring Mexico’s interest in becoming an IEA member. Image of Birol…
Statoil is saying goodbye to Alaska exploration and has decided to exit its leases in the Chukchi Sea following recent results in nearby leases, in addition to finding the leases no longer competitive. Map of Alaskan leases Statoil is exiting…
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