UTEC enlists Stenson and Laing for managementAndrew StensonIndependent offshore survey firm UTEC has announced the appointments of new general managers Jamie Laing and Andrew Stenson in Aberdeen, Scotland and Naples, Italy respectively…
Investment in North Sea oil and gas production has been predicted to top a 30 year high - but cost per barrel has risen five-fold in the past decade, according to analysis by the industry.Malcolm Webb, chief executive of Oil & Gas UKOil & Gas UK…
Reidar Hustoft named Norway managing directorReidar Hustoft named managing director of Dana's Norwegian activities (Image: Dana Petroleum)Aberdeen-based Dana Petroleum appointed a new managing director for its Norwegian activities. Reidar…
On 15 Feb 2013, Colombia's Ecopetrol SA announced its proven reserves (1P, according to the international designation) of crude oil, condensate and natural gas, including its interest in affiliates and subsidiaries, as of December 31, 2012. Proven net reserves (1P) increased to 1…
Halliburton has added remote, open-close technology specialists Red Spider to its Halliburton Completion Tools product service line. The Aberdeen based Red Spider said the acquisition not only expands its geographical reach in Australasia, Brazil…
Aberdeen-based EnerMech announced plans for a new base in Bergen, Norway. The facility is part of the mechanical engineering firm’s US$4.8 million investment in its Scandinavian business. “This [facility] will give us access to Norway’s largest…
Shell picks Subsea7 for Fram pipeline bundleFram field set up (Photo: Shell)Shell has awarded Subsea 7 a $135 million contract for work on its Fram oil and gas development in the central North Sea.Subsea 7 will handle the engineering…
As oil and natural gas production continues to fluctuate at a level well below demand, John Mueller looks at New Zealand’s growing need to aggressively explore the nation’s vast and extensive offshore sedimentary basins.Taranaki Basin, located along the west coast of New Zealand’s North Island…
Aker to supply Aasta subsea production system SPAR platform on the Aasta Hansteen fieldAker Solutions has signed a contract with Statoil for the supply of a subsea production system for the Aasta Hansteen field development project on the Norwegian Continental Shelf…
The Aberdeen company acquires two Gavia AUVs Two Gavia AUVs delivered to NCS SurveyNCS Survey has expanded its growing autonomous underwater vehicle (AUV) fleet with the purchase of two Teledyne Gavia AUVs.These vehicles are the latest…
Aker takes majority stake in Enovate SystemsEnovateAker Solutions has agreed to acquire a majority stake in Aberdeen-based Enovate Systems Limited - a leading technology company within subsea well control equipment. The financial details of the acquisition are undisclosed…
Following the delivery of its flagship combined pipelay and heavy lift vessel, Seven Borealis, last summer, international diving contractor Subsea 7 continues to expand its fleet. Meg Chesshyre takes a look at recent new vessels ordered by Subsea 7…
As the oil & gas industry ventures into deeper waters and more extreme environments, operators, umbilical equipment designers and manufacturers, and installation companies, have been working together to ensure umbilical installation is as smooth an operation as possible…
Chevron grabs 75% stake in 3 deepwater areasClick to view larger mapChevron subsidiary, Chevron Morocco Exploration Ltd, has signed petroleum agreements with Morocco's Office National Des Hydrocarbures Et Des Mines for three offshore areas…
Bureau Veritas unveils certification guides Guide on Offshore Wind Farm Project CertificationBureau Veritas Certification France has released a comprehensive Guide on Offshore Wind Farm Project Certification, which allows industry players…