Today’s oil and gas environment has been impacted by a myriad of issues including restrained capital spending, curtailed investment and employment cuts for struggling companies across the supply chain. Recovery from current market conditions is expected to be slow…
Lifting, handling and cable and pipeline and fluid power firm Sparrows Group has expanded its reach in the Middle East after forming a local partnership with Zamil Group in Saudi Arabia. The strategic alliance will see Sparrows Group’s…
Wood Group has been awarded the front end engineering and design (FEED) contract for the subsea development of the Talisman Energy Ca Rong Do (Red Emperor in Vietnamese) field offshore Vietnam; estimated to contain around 67 MMboe. Wood…
Iran is preparing to introduce 45 new oil projects to potential investors as it looks to attract investment into the country post-sanctions. Iran finally reached an historic agreement with the P5+1 countries late last month, over Iran's nuclear activities…
Following the successful completion of a three-year qualification program of subsea flowline for hydrocarbon service, PETRONAS has requested Airborne Oil & Gas to supply a TCP (thermoplastic composite pipe) Flowline for a pilot project, intended to be installed later this year…
Norway-based semisubmersible accomodation vessel provider Prosafe has signed its first job for the newbuild accommodation vessel Safe Notos under a new contract in the UK sector of the North Sea. The contract, which covers eight months…
SPE Offshore Europe starts just three weeks today! To help you plan, we have asked some show veterans for their tips on how to survive and thrive at Europe's biggest oil show: Rachel Creegan, PR and marketing director, ThinkPR “Being…
“The call to delay next week’s Department of the Interior Western Gulf of Mexico oil and natural gas lease sale shows how out of touch with energy reality and the American people some extremist environmental groups are,” Randall Luthi, NOIA…
Norwegian offshore player Egersund Group recently set a new oil spill recovery record when its newly developed Marine Oil Spill (MOS) Sweeper system managed to recover 96.4% of oil released in a North Sea exercise. Image…
Tendeka, a provider for completions systems and services to the upstream oil and gas industry, has appointed Scott Watters as COO and Annabel Green as CTO. Watters brings with him more than 20 years of oil and gas industry experience in operations…
Norway's Odfjell Drilling and Metro Exploration have put the Deepsea Metro II ultra deepwater drillship up for sale. The two firms, which own the drillship through their shares in Deep Sea Metro, which owns Deepsea Metro II owner Chloe Marine Corp…
Maersk Drilling has posted an increase in profits in 2Q to US$218 million ($117m in 2014) despite three rigs being idle in the period. Maersk said the result was thanks to strong operational performance, fleet growth, general cost savings and its 2014 Venezuelan business divestment…
Norway-based semisubmersible accommodation provider Prosafe has signed a contract with Petrobras for the provision of the Safe Eurus semisubmersible vessel for safety and maintenance support offshore Brazil. The contract, starting 1Q 2017 with a firm period commitment of three years…
Det norske is ramping up activity and production on its Alvheim floating production, storage and offloading (FPSO) development in the Norwegian sector of the North Sea. The FPSO (pictured), which produces Alvheim field (comprising the Kneler…
Dubai-based fabrication and engineering firm Lamprell's CEO James Moffat (pictured) is to retire 30 June 2016. Lamprell says a search to find his successor is under way. Moffat joined Lamprell in 2013, at a time when it had been under financial strain…
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