NorSea Group (UK) has won a five-year contract with Wild Well Control for the storage of its emergency response WellCONTAINED System at NorSea Group’s facilities in South Base, Montrose. The WellCONTAINED system of services includes…
Tidal power firm Atlantis has entered into a five-year collaboration agreement with JDR Cable Systems to develop solutions for storage, installation, monitoring, connection, termination and testing of offshore subsea cables, as well as advancing the engineering design of the cables…
Norway-based eDrilling launched a simulator for drilling and well engineering and training of all engineering disciplines, to help the industry with efficient and safe well delivery. WellSim Interact represents the ultimate training/engineering…
Tracerco landed a contract to provide smart tracer technology for flow measurement of six new wells in Statoil’s Maureen reservoir of the Mariner field in the UK North Sea. Ilustration from Statoil…
Subsea 7 will provide decommissioning services for the second phase of Centrica’s Rose and Stamford gas field decommissioning programs, located in the southern North Sea. Photo of the Seven Atlantic DSV…
OSD-IMT, the UK division of Netherlands-based Offshore Ship Designers (OSD), is designing two 120m IMT9120 riserless light well intervention / IMR vessels for Austin Offshore, the shipping arm of Upstream Drilling, Singapore. The…
Maersk Drilling has been awarded a contract with Maersk Oil for the jackup rig Maersk Guardian for accommodation on various fields in the Danish part of the North Sea. The firm contract duration is five years with commencement in September 2016…
Statoil Petroleum has received consent from the Petroleum Safety Authority (PSA) of Norway to use the COSLInnovator mobile drilling facility for drilling, completion, intervention, workover and well plugging on the Troll field. COSLInnovator…
Houston-based Vantage Drilling’s subsidiary Offshore Group Investment Ltd. (OGIL) filed for bankruptcy last week, in a debt-for-equity deal that will result in a reduced debt of about US$1.45 billion. The Titanium Explorer…
Marathon Oil has awarded Ingen Ideas, an Amec Foster Wheeler company, a contract worth approximately £8million. The five-year multi-discipline engineering contract covers Marathon Oil’s Brae Complex in the North Sea. The contract started in October 2015 and will run for five years…
Fluor Corp. and Stork has announced that Fluor has signed an agreement with UK-based private equity firm Arle Capital Partners to acquire 100% of Stork Holding B.V., based in the Netherlands, for an investment of approximately US$755 million (€695 million)…
The Norwegian Ministry of Petroleum and Energy has announced that 26 companies have bid for acreage in the 23rd licensing round. The round offers nearly 60 frontier exploration blocks with around half in the exciting new Arctic province of the Norwegian Southeast Barents Sea…
French geoscience company CGG is proposing a US$378.9 million (€350 million) capital increase to finance its “Transformation Plan,” which the company first implemented in 2013. The Oceanic Vega…
A total of 26 oil and gas companies applied for rights to explore acreage in the Norwegian and Barents Seas in Norway’s 23rd licensing round this week. This year’s licensing round comprises of 57 announced blocks or parts of blocks, of…
Siemens is to supply turbines for Norwegian major Statoil's floating offshore wind turbine project off the coast of Scotland. The wind turbine manufacturer will supply the 30MW Hywind Scotland Project with five SWT-6.0-154 direct drive offshore wind turbines…
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