Royal Boskalis Westminster subsidiary, Dockwise, said that it has won several contracts throughout January 2014, worth a total of US$65 million. Statoil awarded the largest contract to the firm, for the transportation of two jackup rigs from South Korea to Norway…
During Q4 2013, Iona produced on average 3280 boe/d as Huntington ramp-up continued to increase following the previously announced curtailment of production by the operator of the Central Area Transmission System from mid-September to late November 2013…
The North Sea Enoch oil field is due back on stream in early 2014, following restoration work on a new subsea tree and production testing. The Enoch field is on the border between the Norwegian and UK continental shelf, inBlock 15/5,in the southern part of the North Sea…
Dresser-Rand Group recently performed a noise test for the largest pipe resonator array ever produced. The test, performed on a 30-in. pipe, was intended to validate and confirm the estimated noise attenuation on a compressor operated by Norwegian-based Statoil…
BG Group has cut its 2014-15 production forecasts and issued a series of force majeure notices under its LNG agreements in Egypt. The notices are due to the diversion of gas volumes to domestic markets in excess of existing pooling arrangements…
Offshore engineering, construction, and support services firm Sembmarine SLP is investing in additional facilities in Lowestoft and Aberdeen. In Lowestoft, the company's Offshore Services Group has just moved into new premises at Newcombe House…
Back deck equipment firm Maritime Developments has launched a new equipment hire division. The company, which has operations in Aberdeen and Peterhead, is on track to increase turnover to £12 million for its year-end in March 2014, a projected rise of 110% on its 2013 figure of £5…
The UK Government has opened the country's 28th offshore oil and gas exploration licensing round, amid concerns about a slow-down in the basin. Wood Mackenzie’s annual review of UK upstream oil and gas said capital investment continued to increase…
Despite record levels of UKCS investment during 2013, the year proved to be disappointing both in terms of exploration and appraisal drilling activity and to a lesser extent the acquisition and divestments market. UKCS Drilling Levels 32…
A project milestone was achieved yesterday with the final heavy lift on Nexen Petroleum UK Ltd's Golden Eagle development platform living quarters module, currently under construction on Sembmarine SLP's Lowestoft yard, UK. The single…
Norway’s government has offered a record 48 companies stakes in 65 new production licenses in its 2013 Awards in Predefined Areas (APA 2013) licensing round. The move sets a record, both in the number of production licenses offered and the number of companies involved…
Chinese oil firm CNOOC says it is planning to invest RMB 105 billion (US$17.35 billion) to 120 billion ($19.82 billion) on projects during 2014. Nexen Inc, bought by CNOOC in early 2013, will account for about 19% of the spending. Overall…
Cairn Energy has outlined a nine-well exploration program for 2014, with a strong focus on the Atlantic margin. Four of the five Atlantic margin wells will be operated by Cairn, including the JM-I exploration well, in the Juby Maritime III block…
Kleven has signed a contract with Olympic Shipping for a new build MT 6021 design IMR vessel (pictured). The contract value is around US$64.7 million, and the vessel will be delivered from Kleven Verft in March 2015. The Marin Teknikk…
Statoil is working to secure a well drilled from its Snorre A platform in the North Sea, after drilling fluid was lost during operations on Saturday night.Drilling fluid is used to maintain pressure in a well during drilling. Statoil…
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