Only one in five oil and gas companies see themselves as highly digitalized today. However, close to half of senior oil and gas professionals (45%) already see solid or high potential for big data and analytics to transform the operating efficiency of the industry in 2016…
DONG Energy has reached an agreement with The Crown Estate to reconfigure the Hornsea zone as part of the Round 3 offshore wind development zones. Following its acquisition of the remainder of the Hornsea zone from Mainstream Renewable Power and Siemens Financial Services in 2015…
Dutch firm Boskalis has signed a letter of intent (LOI) to acquire offshore activities from VolkerWessels. Under the offer, Boskalis will acquire maritime and offshore wind energy related activities of VolkerWessels, namely VBMS, Stemat and VSI (Volker Stevin International)…
Production has finally started from Norway’s first Arctic oil field, at the Goliat floating production facility in the Barents Sea. The 180 MMbo field, the first producing oil field in the Barents Sea and the northernmost producing oilfield…
Siem Offshore has been awarded two contracts for operation in the North Sea, and off Australia. Image of the MV Siem Marlin, from Siem. Contractors GmbH (SOC), a wholly owned…
Petrofac has awarded Heerema Fabrication Group (HFG) an AFC contract to fabricate the substation platform for Galloper Wind Farm (GWFL). Heerema Hartlepool is fabricating the unmanned offshore substation platform. Project engineering…
Offshore accommodation and workspace specialist HB Rentals was granted an ABS Certification of Design Assessment for its high demand 11ft by 32ft– eight-man sleeper – accommodation module. This achievement now sees this latest generation…
Farstad Shipping has recently sold and delivered two vessels. The PSV Lady Grete was sold on behalf of Farstad Shipping’s Singapore subsidiary, and delivered to the new owner on 29 February 2016. The AHTS Far Sea was sold through Farstad Supply…
ScottishPower Renewables has made a final investment decision on the East Anglia ONE offshore wind farm, which is set to be one of the largest wind parks in the world. The 714 MW, £2.5 billion (US$3.47 billion) project offshore East Anglia…
Sparrows Group has partnered with leading engineering and manufacturing firm INNOVO to provide the offshore industry with the first fully electric-drive flexible cable and pipe lay system for rental. The wider collaboration between the…
Elliot Kinch, business development manager for Interwell UK, has been appointed as the new chair of the Intervention & Coiled Tubing Association's European chapter (ICoTA). Kinch, who takes up his appointment March 2016, has served on the organization’s committee for two years…
Cyberhawk Innovations completed an offshore remotely operated aerial vehicles (ROAV) inspection offshore Newfoundland, Canada, for an oil and gas operator. The multiple workscope project was completed over the course of two weeks. Cyberhawk used ROAVs to inspect the live flare…
US supermajor Chevron is set to shave its budget by as much as 36% by next year, as the company approaches the finish line for global construction projects, and sets its sights on increasing production. Jack/St…
As ExxonMobil decreases its capital spending budget this year by 25%, the supermajor looks to start up 10 new upstream projects between now and 2017 that will see its production capacity increase. Tillerson…
DNV GL has appointed Ditlev Engel as the new CEO of its energy business area. Starting 4 April, Engel will succeed acting CEO Elisabeth Harstad and report to the group president and CEO Remi Eriksen. Engel will be based at the DNV GL - Energy headquarters in Arnhem…
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