Technip has been awarded a contract by Chevron North Sea for engineering, procurement, installation and construction (EPIC) on the Alder field, 200km north east of Aberdeen. Chevron is developing the central North Sea Alder field as a…
Faroe Petroleum completed the acquisition of a 10% non-operated interest in the BP-operated East Foinaven oil field and a 0.5% interest in the West of Shetland Pipeline System, both from Marubeni Oil & Gas (North Sea) Ltd . The net consideration payable for the acquisition of the interests…
SPEX Group, an Aberdeen-based provider of technology solutions and services to the oil and gas industry, won an excellence award for its success in the Technology Innovation category and was jointly named rising star at the Scottish regional judging of the PwC / HSBC Private Business Awards 2013…
Intervention & Coiled Tubing Association (ICoTA) is requesting nominations for its European Chapter Innovation Award, recognizing the application of technical innovation in the area of well intervention. Entrants will be judged by the ICoTA European Chapter Committee…
The BG Group and Southern Union-backed Lake Charles Exports LLC has received approval from the US Department of Energy (DOE) to export US-produced liquefied natural gas (LNG) to non-Free Trade Agreement (FTA) countries. Lake Charles previously…
Actuant Corp. to acquire Viking SeaTech (Viking). The purchase is subject to customary regulatory approvals and closing conditions, and is expected to be completed within 45 days. The US$225 million purchase price will be funded from the Actuant Corp…
EPC Offshore was acquired by Costain, one of the UK's Tier One engineering solutions providers. The deal marks the launch of Costain Upstream, a new divisional operation combining EPC Offshore’s capabilities with ClerkMaxwell, the oil…
US Bureau of Safety and Environmental Enforcement (BSEE) Director James A. Watson will step down to join maritime class society ABS as its president and chief operating officer (COO) of the Americas Division, effective September 2013. Chevron North Sea Ltd…
About 50 students from across Europe will take part in the inaugural Society of Petroleum Engineers (SPE) Europe Petro League, which will be hosted by the Aberdeen Section during the Offshore Europe conference, 3-6 Sept. This competition…
Harkand launched the Harkand Harmony, its newest ROV support vessel, designed to service Asia Pacific’s oil and gas industry. Around 100 invited guests from across the global energy sector attended the christening ceremony at Keppel Marina in Singapore…
Aberdeen-based Nautronix enhanced the functionality of the Nautronix NASDrill USBL acoustic positioning systems by incorporating a new transducer design. The company used its acoustic digital spread spectrum (ADS2) signaling technology to house the hydrophone within a ruggedized…
Newly formed subsea business OneSubsea has picked up a major contract with Chevron on its deepwater west of Shetland Rosebank development. OneSubsea, a joint venture between Schlumberger and Cameron, is to provide the subsea equipment on the 240MM boe recoverable Rosebank development…
Oil & Gas UK chief executive, Malcolm Webb, has officially opened the new Aberdeen offices of oil and gas consultancy Magma Products. Magma, which provides specialist offshore commissioning and start-up services, has grown from a business…
Tekmar Energy has announced ambitious plans to return to the oil and gas market, while maintaining its leading position in offshore renewables. As part of the firm’s blueprint for growth, it aims to generate £15million in turnover from…
The floating production sector has been especially active over the past several months. Ten production floaters have been ordered since March, reports International Maritime Associates Inc. (IMA). Contracts include a $3 billion FPSO for Nigeria (a record price for an FPSO)…
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