MacGregor offshore winches have been specified for 22 new anchor handling tug supply vessels (AHTSVs) under construction at three Chinese shipyards for several international owners MacGregor, part of Cargotec, has secured new offshore winch contracts from three Chinese shipyards…
Global oil services provider AGR Petroleum Services has signed an £18 million ($US 27.1 million) contract with Genel Energy to deliver well management services for Genel Energy’s North and West Africa offshore drilling campaign. The contract…
Det Norske Oljeselskap (Detnor) ASA, has initiated production from the Jette field in the North Sea. Production from one of the two wells on the field started May 9, 2013. Based on a recovery rate of 30%, the field contains between 6 and 7 million bo/e…
North Sea focussed exploration firm Nordic Energy has taken on two industry directors as it gears up to explore offshore Denmark. The new non-executive directors are Ian Donald and Kenneth Paul Seymour. Donald has 30 years’ experience…
Newly founded IRM group Harkand has announced plans to buy Gulf of Mexico business Veolia Marine Services (VMS). The deal would add 150 onshore and offshore staff, based out of Houston, three dynamically-positioned multi-purpose vessels (MSVs)…
The IADC (International Association of Drilling Contractors) North Sea Chapter recognised the very best in safety performance at its annual Safety Awards Ceremony held in Aberdeen recently. “The Safety Awards Dinner is our opportunity…
Aberdeen-based oilfield services firm Coretrax Technology Limited has appointed an operations manager to focus on the planning, development and execution of wellbore cleanup and displacement. In his new role, Jim Hepburn is responsible…
Subsea services and technology products company Cortez Subsea has announced plans for further growth in 2013 with three new appointments reflecting recent business success. Cortez Subsea was established in 2010 and achieved turnover of over £3 million in 2012…
After more than 40 years of production in the North Sea, with declining production and an ever more complex and costly operating environment, it could be easy to view the basin with a “glass half empty” attitude. However, the industry…
Cargotec's MacGregor has received a EUR 22 million (US $28,369,261) order to deliver a 900-tonne active heave-compensated (AHC) MacGregor subsea crane to the South Korean shipyard, Hyundai Heavy Industries Co Ltd. The crane will be installed…
Wood Group PSN (WGPSN) has appointed a new chief financial officer (CFO). David Kemp joins Wood Group's largest division from Trapoil, an independent E&P company where he was financial director. He replaces Duncan Skinner, who is retiring from the industry…
Drilling firm Noble Corp. has been awarded a four-year drilling contract for work on the UK North Sea Mariner project using a new Cat J jack-up with Norway's Statoil. The contract is worth $655 million and includes a one two-year option…
Wood Group PSN (WGPSN) has appointed a new chief financial officer (CFO). David Kemp joins Wood Group's largest division from Trapoil, an independent E&P company where he was financial director. He replaces Duncan Skinner, who is retiring from the industry…
As subsea projects continue to increase in size and complexity, they are also more frequently executed in deepwater and harsh environments. As well as having the vessels and ROVs with the capabilities to execute the scopes, and the expert…
Veripos is delighted to announce that on 23 April, the company concluded an agreement with developers after receiving planning consent for a new global headquarters and regional support base in Aberdeen. The building will be owned by Veripos…