Due to a continued weak platform supply vessel (PSV) market, Viking Supply Ships has decided to lay up the PSV vessels Sol Viking and Freyja Viking with immediate effect. Sol Viking and Freyja Viking are medium sized PSVs equipped for…
Emerson Process Management has been awarded a contract to automate the Maersk Oil Culzean gas field development in the North Sea. Image of Culzean, from Maersk. Emerson will provide…
Aker Solutions is reducing its Norwegian workforce by as many as 600 positions as the company takes necessary measures to strengthen the organization and boost competitiveness amid a continued market slowdown. Image from Aker…
COSL Drilling Europe will cut to some 230 jobs from its workforce, as a direct result of Norwegian giant Statoil terminating its contract for the COSLInnovator semisubmersible contract earlier this month. The COSLInnovator…
DONG Energy has appointed Fugro to perform offshore pre-construction surveys at the Walney Extension offshore wind farm off the UK’s Cumbria coast. The pre-construction and engineering survey will provide detailed information to the Walney Extension project team…
Petrofac has been appointed as duty holder to support UK joint venture Anasuria Operating Co. (AOC) to take over operatorship of Anasuria cluster in the North Sea. Anasuria Operating Co. is a joint venture company formed between Hibiscus Petroleum Berhad and Ping Petroleum…
Semco Maritime has been awarded a contract by Paragon Offshore for intermediate classification and service works on the Paragon MSS1 semisubmersible drilling rig. The service works will be performed at Semco Maritime’s rig facilities at Invergordon…
Statoil, in an effort to further improve efficiencies and reduce costs, has decided to not to proceed with the evaluations of a potential business center in Europe. “Employee representatives and management must continue their efforts to identify other actions to achieve this…
Oilfield services firm Petrofac has been appointed duty holder on the Anasuria cluster, in the UK North Sea. The role is in support of the Anasuria Operating Company (AOC), a UK joint venture formed between Hibiscus Petroleum Berhad (Hibiscus) and Ping Petroleum (Ping)…
Detecting corrosion is a huge headache for the offshore industry. CMR is developing a tool to spot it before it takes hold. Thomas Peter Christian Michelsen Research (CMR) in…
Atlantic Petroleum has agreed to sell its Norwegian activities to M Vest Energy - a company partly owned by Atlantic's existing management. The Norwegian activities include all of Atlantic's assets and licenses, the liabilities of the licenses…
Det norske oljeselskap has gained approval from the Norwegian Petroleum Directorate (NPD) for a drilling permit for well 16/1-26 S, which is part of the Ivar Aasen field, in the North Sea. Well 16/1-26 S will be drilled from the Maersk…
Now that its realignment is complete, Siemens is driving its transformation into a digital industrial company and setting the course for innovation and further growth, which will result in the creation of 25,000 new positions. As a result…
Exceed has secured a contract to support Fairfield Energy in its forthcoming North Sea well plugging and abandonment campaign. Fairfield’s program includes 45 platform wells and 16 subsea wells, all of which will be plugged and permanently abandoned…
UK North Sea industry trade body Oil & Gas UK set out a string of tax change proposals which it says could help boost the ailing industry’s competitiveness and investors confidence. The calls for urgent tax reform follow the trade association’s latest activity report…
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