Industry body Oil & Gas UK is calling on the UK Government to offer fiscal support for exploration in the UK North Sea, alongside lower taxes, and simpler field allowances. The call, made in the body’s Economic Report 2014, comes as the UK’s oil and gas industry faces rising operating costs…
Alfa Laval won an order to supply Framowith water pumping systems to an oil drilling platform, which will be located in the Atlantic Ocean east of Newfoundland. The order, booked in the marine and offshore pumping systems segment, has a valueof approximately US$16…
Ulstein won the design and equipment contract for Van Oord’s new subsea rock installation (SRI) vessel Bravenes. Van Oord’s Bravenes. From Ulstein Working in close cooperation with Van Oord…
Glacier Energy Services acquired Aberdeen-based MLS Heat Transfer to improve its heat transfer service division. Heat exchanger maintenance work. From Glacier Energy Services MSL Heat Transfer…
CAMAC Energy's four offshore Nigeria prospects have increased the company’s unrisked P50 recoverable resources to approximately 3 billion boe. Map of Nigerian prospects from CAMAC The…
The Ministry of National Infrastructure, Energy and Water of the State of Israel's Petroleum Commissioner informed Modiin Energy that its Gabriella and Yam Hadera offshore licenses have expired due to the company's failure to achieve program milestones…
Schlumberger released its 2014 versions of its software platforms: Petrel E&P software platform, Techlog wellbore software platform, Studio E&P knowledge environment and Ocean software development framework enhance multidisciplinary integration…
UK-based energy services provider Penspen acquired the engineering division of DPS Group. The acquisition increases Penspen’s headcount by 10%; strengthens its oil and gas process facilities engineering capability; and brings access to the FPSO construction market in Asia Pacific…
TGS and FarifieldNodal will conduct two ocean bottom projects in the shelf region of the US Gulf of Mexico. Z700 at sea from FairfieldNodal. The two surveys include the Calypso Full Azimuthal…
Tidal Energy, the developer of DeltaStream, Wales’ first full-scale tidal power generator, has agreed a power purchase deal with EDF Energy, which will make its project one of the first grid-connected demonstration devices to generate green…
Russian oil exploration giant Rosneft has said it and partner ExxonMobil have made an oil discovery on the Universitetskaya-1 well in the Arctic, despite US and European Union sanctions. Rosneft said the well, in the East-Prinovozemelskiy-1 license in the Kara Sea…
Ocean Installer has been awarded a contract for SURF support work in Brazil for Saipem. The contract, which will see the Normand Clipper in Brazil for eight months, is valued at ca.US$50 million, with options to extend. Ocean Installer…
CGG has signed an exclusive multi-client data agreement with the Ministère du Pétrole et des Hydrocarbures of the Republic of Gabon. The agreement will see CGG launch a new multi-client survey program to acquire 35,000sq km of BroadSeisTM…
The UK offshore-focused subsidiary of Hungarian integrated energy company MOL has announced the completion of its senior management team, based in the Aberdeen. The creation of MOL Energy UK was announced in March this year. Since then…
The UK's recently launched National Subsea Research Initiative (NSRI) has appointed a chairman and project director and a board. Peter Blake, has taken up the role of chairman of NSRI and Dr Gordon Drummond has joined as project director…