Wintershall Norge hit gas and condensate at its Norwegian Sea wildcat 6407/16 S. The well discovered waterbearing reservoirs with gross vertical thickness of 118 and 123m, respectively, in the Garn and Ile formations. Gas and condensate were…
A full tensor gradiometry and magnetic airborne survey revealed a new oil prospect off the coast of Northern Ireland for Providence Resources. The Polaris prospect, located in the Rathlin Sound, lays structurally ontrend with the onshore 2008 Ballinlea1 well…
Venture capital firm Energy Ventures’ has announced a multi-million pound investment in Abrado Wellbore Services and its intention of seeking investing $100m in North Sea businesses seeking growth capital or buyouts over the next 12 months…
Research identifying strengths and weaknesses in the oil & gas decommissioning sector will be outlined to delegates attending a new one-day event for the sector taking place in Aberdeen today.Decom Offshore 2013 is being held by offshore oil…
Magma Global has strengthened its riser development team by appointing Simon Luffrum as Project Manager. Simon joins Magma from SRP (Subsea Riser Products) where he was Managing Director. Simon will initially head up Magma’s Taper…
Modus Seabed Intervention continues to demonstrate its commitment to be at the forefront of subsea technologies with the creation of a new Autonomous Underwater Vehicle (AUV) division.The North East England-based company has begun an investment programme into a planned fleet of AUV units…
GE Oil & Gas 2013 Annual Meeting, in its 14th consecutive year, was attended by more than 1000 oil and gas industry executives from over 70 countries. Meg Chesshyre joined the multitude in Florence, Italy.Gorgon module loading at Avenza, ItalyAt the beginning of the two day event…
SBM Offshore is pleased to announce that it has received a Letter of Intent (LOI) for the twenty year charter and operation of two (2) FPSOs from BM-S-11 subsidiary Tupi BV on 22 March 2013.The FPSOs will be deployed at the Lula field in the pre-salt province offshore Brazil…
Marine Well Containment Company (MWCC) and Wood Group PSN today announced the formation of an offshore reserve response team.Made up of 100 select reserve operations personnel, the team will be activated should MWCC’s modular capture vessels…
Det Norske Oljeselskap ASA has as operator been authorized to develop the Ivar Aasen-field in the North Sea.The plan for development and operation of Ivar Aasen and Gina Krog were approved on Friday. Det Norske has a 3.3% share in Gina Krog…
Wintershall, the largest internationally active German crude oil and natural gas producer, announces the successful drilling of the own-operated Hibonite exploration well (5504/1-3).The Hibonite structure is located in the 5/06 license in the Danish sector of the North Sea…
Aker Solutions, the international oil services provider, has received a Letter of Award from Total for the delivery of a subsea production system for the Moho Nord project in the Republic of the Congo. The contract value is approximately NOK 4…
Maritime Developments (MDL), a leading provider of back-deck equipment for the subsea sector of oil and gas industry sector, has secured its largest contract to date.MDL, based in Peterhead and Aberdeen, will provide a 400-tonne reel drive system…
The offshore industry’s highest achievers were recognised at last night’s 2013 Offshore Achievement Awards, with Malcolm Webb, chief executive of Oil & Gas UK, picking up the Significant Achievement accolade.The 27th awards ceremony, which saw a record attendance of 530 guests…
ABB has been appointed the main electrical contractor (MEC) for a new semi-submersible central processing facility (CPF) at the Ichthys oil and gas field in the Timor Sea off Western Australia. The order is valued at $15 million. ABB was awarded the MEC contract by the engineering…
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