Former BP CEO Tony Hayward, now CEO of Genel Energy, focused on geopolitics, prices, and technology, while explaining the role of the independent in challenging conventional thinking, at a keynote session on IOCs yesterday. Geopolitics has defined the field of play…
C-MAR Group has highlighted the UK’s escalating skills gap as the most critical issue facing the UK industry today. Speaking as the industry gathered for the Offshore Europe Conference in Aberdeen today, Chief Operating Officer Peter Aylott…
Norway’s offshore region covers 2.04 million sq km and is split into five areas: the northern, southern and central parts of the North Sea, the Norwegian Sea and the Barents Sea. Over the five regions, there have been 1400 exploration wells drilled since 1966…
UK-based Groveley Detection Ltd. will join Emerson Process Management’s Rosemount Analytical business unit. Groveley was the first to develop a pieso-electric based ultrasonic gas leak detector engineered for extreme industrial applications…
Great Yarmouth, UK, headquartered energy services firm 3sun Group has bought RRC Controls Services as part of its plans to grow in Aberdeenshire. RRC, based in Gourdon, Aberdeenshire, manufactures subsea control systems for the offshore oil and gas industry…
Twenty years after it came online, the UK’s longest serving permanently-moored FPSO has been given a new lease on life. Elaine Maslin reports on the extent the UK’s largest offshore project in 2012. When production from the central North Sea Gryphon field came online in October 1993…
The HAL-PRM-150W-LED-100 surface mount hazardous area light by Larson Electronics features a powerful LED assembly fitted with 30 CREE XLamp XPG® LED emitters. The LED assembly is housed within a cast aluminum fixture with high-strength gasket…
Indian energy firm ONGC Videsh Limited (OVL) has agreed to buy a 10% stake in the Rovuma Area 1 block, offshore Mozambique, from Anadarko, for US$ 2,640 million. Area 1 covers about 2.6 million acres in the deepwater Rovuma Basin and…
Austrian energy group OMV is to buy Norwegian and UK North Sea assets from Norway’s Statoil in a US$2.65billion deal. The deal will see OMV acquire 19% interest in the producing Gullfaks field and 24% in the Gudrun field, both oil and gas fields offshore the Norwegian Continental Shelf…
Faroe Petroleum completed the acquisition of a 10% non-operated interest in the BP-operated East Foinaven oil field and a 0.5% interest in the West of Shetland Pipeline System, both from Marubeni Oil & Gas (North Sea) Ltd . The net consideration payable for the acquisition of the interests…
Heerema Fabrication Group’s Vlissingen fabrication yard has completed the fabrication of two jackets for the Golden Eagle Development project of Nexen Petroleum UK Ltd. With the departure of Nexen’s 6,400-ton PUQ (Production Utilities…
Vince Cable, MP, secretary of state for business, innovation and skills (BIS) is to speak at SPE Offshore Europe 2013 at one of the conference’s keynote sessions. The session, The technology imperative – collaborating today to realise the next 50 years of North Sea potential…
Hansa Hydrocarbons is to acquire stakes in three southern North Sea gas fields from a subsidiary of Noble Energy. Under an agreement with Noble Energy Capital Limited, it will gain 24% equity interest in the Malory field, 25% in the Guinevere field and 2% in the Lancelot field…
Senior representatives of the UK and Scottish governments will address the audience at Europe’s largest oil and gas conference and exhibition, SPE Offshore Europe 2013, in Aberdeen this September. More than 1,500 companies are exhibiting at the event…
St. Louis, Missouri-based Emerson Process Management, a business of Emerson, acquired Groveley Detection Ltd., a leading innovator and developer of ultrasonic gas leak detection solutions for both offshore and onshore oil and gas installations…
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