Aberdeen-based oil service company Global SCS today revealed further worldwide expansion. The firm, part of Scotland's Global Energy Group, has just opened an office in Dubai to handle growing demand for its services in the Middle East and Africa…
Rex International Holding Ltd. has announced that its jointly-controlled entity, Lime Petroleum Norway, signed an agreement with EnQuest Norge to acquire their 50% stake in licenses PL760 and PL760B in the Norwegian Sea. Following the transaction…
Norwegian giant Statoil’s Mariner field in the North Sea is a US$7 billion investment for the company. It is located in Block 9/11 on the East Shetland Platform, about 150km east of the Shetland Isles, and lies in water depths ranging between 97-112m…
Image from Aqualis Offshore Aqualis Offshore has been awarded a contracted by Mekers Offshore Ltd. to supervise the construction of the Zhejiang-based company’s two new liftboats…
Planning approval for offshore wind energy at Dogger Bank takes the total of consented projects in the North Sea zone to 4.8 Gw, almost equal to all the offshore wind capacity now in operation in the UK. Image…
Seaway Heavy lifting’s crane vessel Oleg Strashnov successfully installed the process unit (PU) topside for operator GDF SUEZ E&P UK (part of the ENGIE Group), and partners Centrica Energy and Bayerngas, setting a new company record. The…
BP has started a US$1 billion in its Eastern Trough Area Project (ETAP) in the North Sea as part of a platform renewal life extension project. The investment will see the facilities (pictured), which produce oil and gas from nine different reservoirs…
Image: Delfin LNG Bechtel announced it has been selected by Delfin LNG, a wholly-owned subsidiary of Fairwood Peninsula Energy Corp., to perform front-end engineering and design (FEED)…
GE has announced plans to enter the cloud services market with Predix Cloud. Designed specifically for industrial data and analytics, this platform-as-a-service (PaaS) can capture and analyze the volume, velocity and variety of machine data within a highly secure…
A 'back-to-fundamentals' strategy is helping seismic firm Polarcus weather the storm, CEO Rod Starr said this morning. The firm's revenues are down 33% in 2Q, compared to the same period last year, at US$91.7 million, but the firm has…
Lundin's Edvard Grieg field is on track for first oil in 4Q this year despite a delay to the topside modules installation earlier this year (see video below). The firm has also drilled its latest successful appraisal well on the 185.8 MMboe gross reserves field…
LR Senergy’s new process uses computational fluid dynamics (CFD) to model a well and near wellbore — and subsequently identify production optimization options and strategies. Jeannie Stell reports. Michael Byrne…
US-based Chevron isn’t expecting first production to come from its Big Foot platform in the Gulf of Mexico until 2018, a delay of about two and a half years that will result in reducing production estimates by up to 22,000 b/d net. The…
In this video, Aibel shows the DolWin beta converter platform leaving Aibel's yard in Haugesund, Norway on its way to be installed in the DolWin wind cluster in the German North Sea. The platform concept is based on experience from the oil and gas sector…
Origin Energy is entering a deal to sell 53% stake of its New Zealand subsidiary Contact Energy for approximately US$3.06 ($4.65 NZD) per share in an attempt to reduce the company’s debt and costs. Image of BassGas…
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