Norwegian offshore vessel owner Rem Offshore has said it has secured a new contract for the Rem Insula platform supply vessel.In a social media post on Tuesday, Rem Offshore said that the contract would take the offshore vessel through 2020 and into 'smooth waters in 2021…
UK-based oilfield services company Petrofac has been awarded a three-year extension to a maintenance contract and a new four-year metering contract with the oil major BP.Petrofac said Tuesday that the metering services contract included on and offshore consulting and support services…
Norwegian marine seismic acquisition company PGS has begun a new multi-azimuth marine seismic survey in the North Sea, offshore Norway. The industry-funded survey- conducted by seismic vessel Ramform Vanguard - extends the GeoStreamer X area within the Viking Graben by 1160 sq…
Serica Energy has hired Awilco Drilling's WilPhoenix semi-submersible drilling rig for the intervention work on the Rhum-3 ('R3') well in the UK North Sea.The 3rd-Generation, Enhanced Pacesetter, harsh-environment, mid-water, semi-submersible…
Offshore installation company Subsea 7 has won a contract by Independent Oil and Gas (IOG) to provide Subsea, Umbilicals, Risers, and Flowlines (SURF) for Phase 1 of IOG's Core Project in the UK Southern North Sea.Subsea 7 will be responsible for the project management…
UK-focused oil company Independent Oil and Gas (IOG) has informed that its field development plan for Core Project Phase 1 in the UK North Sea has been approved by the UK Oil and Gas Authority.The Core Project comprises gas resources across six discovered UK Southern North Sea ('SNS') gas fields…
Oslo-listed seismic survey company Axxis Geo Solutions has said it has completed its ocean-bottom nodes (OBN) project in the Middle East. 'The project was completed with strict adherence to COVID-19 safety guidelines and the crew is now demobilizing…
Awilco Drilling has said that it has reached a deal with Petrofac to delay the start of the plug and abandonment works with Awilco's WilPhoenix offshore rig.Awilco in March announced the rig deal with Petrofac Facilities Management for its 1982…
A British court on Wednesday approved Premier Oil's plans to extend debt maturities by two years and raise up to $500 million in equity to buy North Sea assets from BP and others, but the deal depends on market conditions, Premier said.Activist hedge fund ARCM…
pX Group, the Stockton-on-Tees-based provider of energy and industrial solutions, has acquired a majority stake in Aberdeen-based NRG Well Management, a provider of well management services to the oil & gas industry.px Group said Wednesday that…
UK oil and gas producer EnQuest is planning workforce reductions in the UK as some of its North Sea fields are expected to cease production, while others will remain shut as part of a recently announced cost-cutting initiative.When it comes to the planned workforce cuts…
Corallian Energy, with its partners Upland Resources and Baron Oil, has signed a work-sharing agreement with a 'large European E&P company' that might lead to a farm-out of a stake in the offshore license P2478 in the Inner Moray Firth, Scotland…
UK North Sea oil and gas company Serica Energy expects to see first gas from its Columbus development in late 2021, a six-month delay to what was previously targeted.The Columbus field plan, approved in 2018, envisions the reservoir will be…
Offshore accommodation rig provider Floatel International has seen its contract with Ineos FPS delayed.Floatel said Thursday that the two companies have agreed to postpone the charter for the Floatel Victory accommodation unit at the Unity platform in the UK North Sea to April 2021…
UK-based Rever Offshore has said it has won 'a major' contract win with Perenco the Southern North Sea.The company said the contract was a multi-million-pound one, but did not provide the exact value.According to Rever Offshore, the award is…
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