Subsea 7 has taken over Seaway Heavy Lifting following the purchase of 50% stake from K&S Baltic Offshore (Cyprus) Ltd., in a move that will increase its position in the renewables, heavy lifting and decommissioning markets. Image…
Seadrill has secured a one-well contract with Total E&P Cyprus B.V. for the West Capella, offshore Cyprus. The contract is expected to start in 2H 2017 and backlog, estimated at 50 days, is expected to be approximately US$10 million. The…
Engineering house Wood Group has made a US$2.72 billion (£2.22 billion) offer for rival Amec Foster Wheeler in a move that could spark further consolidation in the market. The takeover bid comes just three years after Amec's 2014, $3…
DOF Subsea has been awarded a contract in the Atlantic region for the mooring installation of a floating production and storage offloading (FPSO) unit on the UKCS (North Sea). DOF Subsea will deploy the Skandi Skansen along with a…
Industry doyen Sir Ian Wood has kicked-off a new campaign ahead of SPE Offshore Europe 2017 to encourage previous and future visitors, exhibitors and speakers to share their experiences of the event and what they are looking forward to seeing at September’s conference and exhibition…
Statoil made a 1-5 Bcm gas discovery at the Mim prospect in the Norwegian Sea, according to the Norwegian Petroleum Directorate (NPD). Map from the NPD. The finds were made at wildcat well 6507/3-12 and appraisal well 6507/3-12 A…
Premier Oil has revealed plans to drill offshore Mexico; the next phase of growth at Tolmount off the UK; and for the sanctioning of its BIGP project offshore Indonesia. Map of Block 2, Block 7 offshore Mexico…
The Petroleum Safety Authority Norway (PSA) has launched an investigation into a lifting incident involving pipehandling on the Gullfaks B facility in the North Sea on 7 March 2017. Part of the Eagle Arm crane on this platform came loose and fell to the pipedeck…
Noble Energy cut first steel on its giant Leviathan natural gas project, offshore Israel. First steel cut for Leviathan. Image from Noble Energy LinkedIn. “We are excited to join…
Motive Offshore Group has expanded its business with a six figure investment in a quayside fabrication facility in Dundee Port. After successfully negotiating with the port to take over the site, which boasts a deepwater quay side facility…
Teekay Corp. and Teekay Offshore Partners are shaking things up on its board of directors. Current Teekay Director, William P. Utt, will replace C. Sean Day as Teekay’s chairman effective 15 June. Day is stepping down on 15 June, however…
Cairn Energy was awarded license option (LO) 16/18 in the Atlantic Ireland Licensing Round in 1H 2016, in addition to a farm-in to a 70% working interest and operatorship in the adjacent LO 16/19 with Europa Oil & Gas with plans for 3D seismic in 2017…
Norway's Petroleum Safety Authority (PSA) has granted Statoil consent to drill a fourth well at Snøhvit with the Songa Enabler semisubmersible vessel in the Barents Sea. The Songa Enabler. Image from Songa Offshore…
Norway’s Petroleum Safety Authority (PSA) has identified regulation breaches following its investigation into a fire that broke out on Statoil’s Statfjord A platform in October 2016. Statfjord A…
Overall spending on the UK Continental Shelf is expected to fall 3% compared to last year, to £17 billion, as projects continue to struggle, while exploration remains at a record low, according to a new report. But, new capital investment…
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