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DCN Global bought by Fugro Subsea Middle East

Oct 17, 2013

Abu Dhabi-based subsea engineering and diving services firm DCN Global has been bought by Fugro Subsea Middle East. The company, which will be renamed Fugro Subsea Services (Middle East), has primarily operated in the Middle East, Caspian…

Low energy AUV

Oct 16, 2013

Kongsberg Maritime launched the Kongsberg Seaglider™ AUV at AUVSI 2013. This AUV is a low-cost device, with long endurance, and capable of deployment durations in excess of nine months. The technology uses changes in buoyancy for thrust,…

Viking takes stake in Saatsea

Oct 08, 2013

Life-saving equipment firm Viking has bought a major stake in IT startup Saatsea. The firm, which will be renamed Viking Saatsea, provides cloud-based onboard training and competence management systems to industry.  It was set up…

Kashagan back online

Oct 08, 2013

Kazakhstan's Kashagan oilfield has resumed production after its latest delay, a shutdown on September 25 following the detection of a gas leak. Discovered in 2000, it has taken 13 years and approximately $50 billion before production started on September 11…

Thalassa buys GO Science

Sep 23, 2013

Thalassa has agreed a deal to buy Go Science for £3.6 million from administrators. Go Science, which employs six people, provides mobile sensor grid services and products, in the UK and overseas, to the oil and gas, defense and homeland security sectors…

Fugro buys DCN Global

Sep 13, 2013

Abu Dhabi-based subsea engineering and diving services firm DCN Global has been bought by Fugro Subsea Middle East. The company, which will be renamed Fugro Subsea Services (Middle East), has primarily operated in the Middle East, Caspian and African regions…

Scandinavia: investing to grow

Sep 01, 2013

Scandinavia’s oil and gas industry, focused on Norway and Denmark, is expecting a resurgence. Espen Erlingsen looks at trends in the sector. The North Sea is characterized by large, producing platforms with declining production. To stop the falling production in the North Sea…

India increases Mozambique stakes

Aug 26, 2013

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…

Under pressure

Jul 31, 2013

The TUP (transfer under pressure) Diving System, designed and built in-house by N-Sea, has undergone a refit and been converted to allow it be used as a mobile system, deployable from most DPII support vessels and platforms. The system will be online August 2013…

Shell boosts deepwater production in Brazil

Jul 22, 2013

Shell, and its partners, are expecting to boost production with two new deepwater projects at Parque das Conchas (BC-10) and the Bijupirá/Salema fields. 'Offshore Brazil is a key part of our plans to grow our deepwater portfolio – a key component of our global strategy…

Foster Wheeler buys Ingen Ideas

Jun 13, 2013

Engineering and construction firm Foster Wheeler has bought Aberdeen-based upstream consultancy Ingen Ideas. Ingen specializes in field development and project decision support, focused on the evaluation and implementation of oil and gas field developments…

First production begins on Beibu Gulf Project in the South China Sea

May 15, 2013

First production has begun at the CNOOC-operated Beibu Gulf Project in the South China Sea. Partner Roc Oil (19.6%) says production from two development wells, A5H and A2 on the WZ 6-12 wellhead platform, follows the successful installation…

OTC.13: Petrovietnam details growth

May 06, 2013

Petrovietnam gave an overview of its operations and plans for future development at the Offshore Technology Conference in Houston today. The company seeks to grow to meet the expanding energy needs of Vietnam. Dr. Do Van Hua, president and CEO of Petrovietnam…

Dana spuds a new exploration well

Apr 26, 2013

Aberdeen-based Dana Petroleum has spudded a new exploration well in the Southern North Sea from its De Ruyter platform. Dana is drilling the P11-08 exploration well using the jackup Noble Lynda Bossler, in the production licence P10a…

PSVM production starts

Apr 10, 2013

BP began production from the PSVM development in block 31, off Angola. Three wells at the Plutao field are expected to increase production at PSVM to about 70,000b/d of oil. Output will increase to 150,000b/d once Saturno, Venus, and Marte fields come online later this year and next…

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