Statoil and partner Petoro have proven considerable additional resources in the Shetland Group/Lista Formation in the Gullfaks licence. The Shetland Group and the Lista Formation are younger and slightly shallower deposits with different…
Bibby Remote Intervention Limited (BRIL) has successfully secured a contract with the potential of a seven year commitment. Centrica Energy has awarded a three year contract with two, two year extension options, worth up to £40million. It is the largest Inspection…
Venture capital firm Energy Ventures’ has announced a multi-million pound investment in Abrado Wellbore Services and its intention of seeking investing $100m in North Sea businesses seeking growth capital or buyouts over the next 12 months…
Wood Group PSN (WGPSN) has secured a significant two year North Sea contract extension with TOTAL E&P UK Ltd (TOTAL). Based on historical turnover, the award is anticipated to be valued at USD $150 million. Under the contract, WGPSN will continue to provide engineering…
The UK’s prolonged winter muted drilling and deals growth in the North Sea after a strong finish to 2012, according to a new report from Deloitte, the business advisory firm, into offshore activity. The report, compiled by Deloitte’s Petroleum Services Group (PSG)…
The MacArtney Underwater Technology Group is pleased to announce the entering of a distributors agreement with Cooper Interconnect, hereby adding BurtonTM subsea connectors, penetrators and accessories to the MacArtney range of underwater connectivity solutions…
Ecosse Subsea Systems (ESS) has reported a successful start to a 10-week boulder clearing and trenching campaign on the Baltic 2 offshore wind farm project. Mobilised onboard the Siem Topaz anchor handling vessel, Ecosse Subsea’s SCAR subsea…
Aberdeen-based innovative artificial lift company, Zilift Ltd, has appointed a business development manager to focus on global business opportunities and to help drive forward international growth plans. Allan Denholm is responsible for…
Aker Solutions has won a contract to provide hook-up, commissioning and facility management services to Premier Oil at the operator's Solan field development, west of Shetland.The hook-up project will see two subsea production and two subsea…
Asset Guardian Solutions Ltd (AGSL), which specialises in protecting companies’ process critical software assets, announced that it has secured an important contract with Stena Drilling Ltd of Aberdeen, Scotland. This contract represents a significant development for AGSL…
Growth by specialist East of England company Inspection Verification Bureau Ltd (IVB) has prompted it to open a new office in Abu Dhabi and set up a joint enterprise in Kuwait. Around 75% of the Great Yarmouth company's verification, inspection…
Oil pollution and environmental technology company, Vikoma International Limited, has unveiled the latest addition to its range of class-leading offshore oil pollution recovery systems. The OPRS 300 (Oil Pollution Recovery System) is based upon…
Leading Rope Access Specialists, AquaTerra Solutions Ltd, has been awarded a multimillion pound three year contract for its specialist access services in Leg Intervention Work. The contract work scope, which includes an array of construction and upgrade work…
Shell has awarded Subsea 7 a US $135 million contract for work on its Fram oil and gas development located 220km east of Aberdeen, Scotland. Subsea 7 will handle the engineering, procurement, fabrication, and installation of a4.5 km in-field pipeline bundle measuring 44in in diameter…
Aker Solutions acquired Aberdeen-based well control equipment firm Enovate Systems for an undisclosed amount. Aker plans to develop Enovate as an independent supplier of components and products that can be used for open water workover, riser workover…
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