Italy-based D’Appolonia, the independent engineering consulting company of RINA Group has acquired a majority stake of 68% in Fano-based SeaTech Srl. Vega A. Image from SeaTech. SeaTech provides analysis and design services…
Brazil’s National Petroleum, Natural Gas, and Biofuels agency (ANP) has approved registrations for a total of 37 companies for the country’s 13th bid round, of which 22 are from outside of Brazil. Image from ANP's Facebook…
Expro has been awarded two contracts together worth US$25 million in the North Sea. In one contract, Wintershall has awarded Expro a five-year contract for work on its recently approved Maria development project, in the Haltenbanken area…
Japan's MODEC has made its first entry into the North Sea thanks to a contract with Denmark's Maersk Oil. Maersk Oil's UK North Sea business has inked a contract with MODEC for the supply of a floating storage and offloading (FSO) vessel for the US$4…
At 300m below the surface of the Norwegian Sea, the world’s first subsea gas compression facility has come on stream, Statoil announced this morning. The NOK 19 billion (US$2.34 billion) Åsgard subsea gas compression project, known as project Nemo to some internally…
Faroe Petroleum has agreed to buy UK explorer Roc Oil GB, including its 12.5006% stake in the North Sea Blane field and a 12% interest in the Enoch field, also in the North Sea for up to US$20 million. Roc Oil GB is a subsidiary of Roc Oil Company…
Statoil and the Johan Sverdrup partnership awarded Kværner Verdal a contract for the delivery of the steel jacket for the drilling platform, marking the execution of the letter of intent singed by the two companies for the delivery of the two jackets…
Statoil’s largest ever steel jacket has been laid to rest on the sea bed 150km east of the Shetland Isles, marking a major milestone in the Mariner heavy oil field development. The 22,400-tonne mariner jacket, which stands some 134m high…
Oil and gas engineering services firm Plexus Holdings has signed an agreement with Aquaterra Energy to jointly supply high-pressure/high-temperature dual barrier marine risers utilizing Plexus’ POS-GRIP technology. The new risers will be a new solution for use on jackup rigs…
Assumptions around tidal arrays need to be rethought, according to Professor Stephen Salter. Emma Gordon reports. Image from iStock. The renewables industry needs to contest the…
A move to start up the world's first subsea wet gas compressor has been given final approval by the Norwegian Petroleum Directorate as it moves close to coming on stream. Statoil's Gullfaks Sør project is one of two subsea gas compression projects being developed in Norway…
Total has agreed to sell all of its interests in the FUKA and SIRGE gas pipelines and the St. Fergus Gas Terminal in a US$905 million (£585 million) deal. Subject to regulatory approvals, the assets will be bought by North Sea Midstream Partners…
Brazil’s National Petroleum, Natural Gas, and Biofuels agency (ANP) expanded on its approval of the country’s 13th bid round, with the announcement of more than 22 of 39 applications from international oil and gas companies. Magda Chambriard…
Malaysia-based Bumi Armada Berhad saw a 22% decline in its revenue in 2Q 2015, but an increase in its EBITDA. Image from Bumi. The offshore oilfield service provider's revenue decreased by 22% to US$109 million (459…
Subsea 7 has been awarded a subsea, umbilical, riser and flowline (SURF) contract by Maersk Oil worth more than US$150 million for the Culzean development. The ultra-high-pressure, high-temperature field, one of the largest gas discoveries offshore UK…
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