Viper Subsea has signed a joint industry project (JIP) agreement with energy giants BP and Total to further develop its Subsea Line Insulation Monitoring (V-SLIM) technology for identifying and locating cable and connector faults in remote subsea electrical distribution systems…
Aberdeen-based Helix Well Ops (Well Ops), a business unit of Helix Energy Solutions Group, Inc. (Helix ESG), has moved to a new location in Dyce, Aberdeen. The firm took on a six-year lease of the 27,682sq ft building. This is double the space it previously occupied at Helix House…
Norwegian oil services technology firm Cubility AS has been bought from private equity firm Energy Ventures by a Triton Partners fund. The firm, based in Sandnes, has developed MudCube, a solids control and waste management system for drilling operations…
The challenges associated with the analysis and design of offshore engineering equipment will be discussed at the next SPE talk in Aberdeen. Offshore marine equipment can be physically complex, expensive, safety critical and required to operate in harsh environments…
Engineering and project management firm Royal HaskoningDHV and advisory firm 6 Alpha Associates have signed a contract with the Construction Industry Research and Information Association (CIRIA), to be the research contractor for a project…
Oil and gas asset integrity and corrosion management firm LUX Assure has established a sales and service agreement with Houston-based Brown Corrosion Services Inc. Brown Corrosion Services will be handling the business development of…
Heerema Marine Contractors is planning a new semisubmersible crane vessel (NSCV), which, according to crane supplier Huisman, will have the world's largest cranes on board. At 214m-long and 97.5m-wide, the NSCV will become the world’s largest semi-submersible crane vessel…
A new tax break for high-pressure, high-temperature fields in the UK North Sea has been overshadowed by a move by the UK Government to change to taxes on drilling rigs. The move, relating to bare-boat chartering, “perplexed” industry…
Jumbo signed a Contract with Subsea 7 for the provision of the floating production, storage and offloading vessel mooring piles and ground chains installation for Dana Petroleum's Western Isles Development Project (WIDP). Installation…
IKM Subsea has been awarded a 1+1+1 year contract by Statoil for ROV drill support service. The contract includes ROV services onboard Maersk XLE 3. Maersk XLE 3 is a jackup rig to perform drilling at the Gina Krog field. 'The fact…
Austrian integrated energy firm OMV has boosted its UK west of Shetland holdings after agreeing to buy four licenses in the area from Hess, including the Cambo field and the Blackrock prospect, for US$50 million. Depending on future developments…
Statoil Petroleum has discovered hydrocarbons in wildcat well 34/8-17 S in production license 120 in the Norwegian sector of the North Sea. The well was drilled on the north-east flank of the Visund field, in the northern part of the North Sea…
ITF, the Industry Technology Facilitator, has started a joint industry pptoject (JIP) with Tullow Oil to establish a comprehensive, global wells and completions reliability database and is urging more operators to join the project. The…
Luxembourg-based investment firm JACCAR Holdings has made a takeover bid for French offshore vessel owner Bourbon. JACCAR, the private, maritime sector-focused, investment company of Jacques de Chateauvieux, Bourbon’s chairman, already directly owns 26…
Cairn Energy has said it is committed to its planned 2014 operations, but that spending beyond then is being looked at closely as its awaits resolution of tax issues in India. The Edinburgh-based firm says spending beyond 2014 would depend…
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