Premier Oil says government approval for its UK North Sea Catcher development is expected soon and that the FEED and drilling contracts on Sea Lion in the Falklands will be issued this quarter. Premier said key service contracts covering the Catcher FPSO (pictured)…
Alimak Hek Group AB is buying the offshore operations of Heis-Tek, a Norwegian specialized traction elevator company, focused on tailored vertical access solutions to the oil and gas industry. “This acquisition will allow us to become…
Houston based drilling and floating production firm Northern Offshore is considering spinning off its sole floating production platform (FPF) into a new business (pictured). The firm operates the semisubmersible Northern Producer FPF…
UK-based independent EnQuest says it has made a discovery in the North Sea and agreed a field development project with Malaysia’s Petronas. Drilling on the North Sea Avalon prospect confirmed a discovery. EnQuest said preliminary analysis…
UK-based drilling rig operator Awilco says the UK North Sea floating drilling rig market is close to sold out until mid-2015. Announcing its Q1 results, the firm said due to the sustained “high” oil price and increased operator financial discipline…
Aberdeen-based explorer Faroe Petroleum it to take on its first operated production in the North Sea through a £35million to take over operated stakes in two southern North Sea gas fields from Tullow Oil. Faroe will take a 60% operated stake in the Ketch field and a 53…
More than 170 applications have been received for the latest offshore licensing round in the UK, the Department of Energy and Climate Change (DECC) says. The 28th Offshore Oil and Gas Licensing Round closed for applications on Friday 25 April…
Craig International Supplies (CIS) has been awarded new contracts with Shell which will almost double the turnover of its business. The contracts will increase the international reach and buying power of the procurement division of Scottish family-owned energy services and shipping firm…
McDermott International, Inc. announced today that Scott Munro, VP & general manager, North Sea and Africa, will speak at the Offshore Technology Conference (OTC) Industry Briefing on “Offshore and Subsea Solutions in Frontier Regions”, on 8 May…
Emerson Process Management has today announced the successful first deployment of its Roxar Downhole Wireless PT Sensor System. The new instrument has been deployed as part of the completion on Statoil’s Skuld field in the Norwegian North Sea…
Industry excellence in health and safety was recognized at the UK Oil and Gas Industry Safety Awards yesterday. Held at Aberdeen Exhibition and Conference Centre, the event recognizes and honors the companies and people who embody the spirit of safety and innovation across the sector…
UK-based subsea services firm Reef Subsea is to split up into three independent companies after its January buyout by Norwegian private equity outfit Hitecvision. The three new companies will be Reef Subsea, X-Subsea, and Technocean Subsea…
GE Oil & Gas announced today a technology collaboration with Mexico Institute of Petroleum (IMP) and Mexico state-owned company Petróleos Mexicanos (Pemex). Pemex sponsors the agreement, which GE Oil & Gas said would “initially [research]…
Repsol Exploration (Namibia) has started drilling operations on the deepwater Welwitschia-1 prospect in Walvis Bay, offshore Namibia, this week, according to partner Tower Resources, via its Neptune Petroleum (Namibia) subsidiary. The well was spudded on April 24…
Offshore grouting contractor FoundOcean has secured two contracts on the Solan oil field development west of the Shetland in the North Sea. The contracts, with Heerema Marine Contractors and Bibby Offshore,& cover structural grouting on the 8000-tonne Solan platform jacket and its 300…
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