Dana Petroleum awarded Fugro to supply ROV drilling support services on board the Ocean Guardian MODU at the Dana-operated Western Isles developments in the northern North Sea. Operating one of its fleet of FCV 600 ROVs, specifically designed for North Sea drill support activities…
The organizers of SPE Offshore Europe have announced the chairman for the 2017 edition of the biennial event – and she says now is the time for the industry to reinvent itself. Catherine MacGregor (pictured, right), President Europe & Africa…
Lundin Petroleum has announced that it has entered into a committed short term revolving credit facility (RCF) of US$300 million and received additional commitments of $135 million under the reserve-based lending (RBL) facility accordion…
The European Union (EU) is delaying Halliburton’s US$34.6 billion pending takeover of Baker Hughes once again, after not receiving key data about the deal, the European Commission (EC) said in a statement. Image from Halliburton…
Bourbon has taken delivery of the Bourbon Arctic from the Vard Brattvåg shipyard (Norway) and completed her first anchor handling operation. The vessel was engaged in the disconnection and unmooring operation of the Island Innovator located at the Fosen field in the central North Sea…
Statoil’s Batwind, a new battery storage solution for offshore wind energy, will be piloted in the world’s first floating wind farm, the Hywind pilot park off the coast of Peterhead in Aberdeenshire, Scotland. Batwind illustration…
Offshore accommodation and workspace specialist HB Rentals was granted an ABS Certification of Design Assessment for its high demand 11ft by 32ft– eight-man sleeper – accommodation module. This achievement now sees this latest generation…
In an effort to restructure and transform, Eni’s 2016-2019 strategic plan is aimed for a competitive cost structure, which includes a total of US$7.9 billion (€7 billion) of disposed assets by 2019, in addition to an efficient operating model…
Prosafe’s Safe Boreas harsh environment accommodation vessel has commenced an eight-month contract with Talisman Sinopec Energy in the North Sea. The US$60 million contract comes with options. The Safe Boreas commenced operations…
Siem Offshore has been awarded two contracts for operation in the North Sea, and off Australia. Image of the MV Siem Marlin, from Siem. Contractors GmbH (SOC), a wholly owned…
Well-SENSE Technology’s technology director Dan Purkis has been singled out for his efforts in the offshore oil and gas industry with the award of the Society of Petroleum Engineer’s (SPE) Aberdeen section Significant Contribution accolade…
Norway’s Petroleum Safety Authority (PSA) has begun an investigation of a well control incident on the Visund field on 17 March 2016 that caused Statoil to put a halt to production and evacuate workers in the North Sea. Visund…
UK-based independent has now cut US$425 million off its North Sea Kraken heavy oil development budget as it looks to continue reining in costs. After initially shaving $300 million, or about 10%, off the project's original $3.2 billion costs…
Only one in five oil and gas companies see themselves as highly digitalized today. However, close to half of senior oil and gas professionals (45%) already see solid or high potential for big data and analytics to transform the operating efficiency of the industry in 2016…
Chevron's North Sea Erskine field production has been temporarily suspended during maintenance work to remove a pipeline blockage, according to partner Serica Energy. Erskine. Image from Chevron…
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