Equalizer Group has set up a separate service company headed up by general manager Alan Morrison to take forward the development of its award-winning Xtegrity system. As GM of Equalizer Flange Integrity Systems (EFIS) Morrison, who has almost 30 years’ experience in the oil and gas sector…
Australia and UK-based Global Petroleum says it is seeing progress on its bid to gain blocks in the Adriatic Sea, but that the company is making cost reductions reflecting the low oil price and its lack of progress making an acquisition to grow its portfolio…
Global Marine Systems has secured a contract that will see it provide personnel and equipment that will support the delivery of a submarine fiber optic link between platforms on behalf of client, Subsea 7, a provider of subsea engineering and construction…
One of the largest oil and gas topsides built this year set sail on July 23 from Burntisland Fabrication’s (BiFab) Methil yard. Cygnus manifold. Image from Engie. The 4600-tonne Cygnus accommodation module…
Statoil began drilling of the first production well at the Gina Krog field on 20 July, just eight days after the drilling rig arrived at the North Sea field. The Maersk Integrator rig will drill wells until sometime in 2019. The Maersk Integrator…
The UK will remain the leading offshore wind power market globally by 2025, with its installed capacity increasing from 4.5GW in 2014 to 23.2GW by the end of the forecast period, representing an impressive compound annual growth rate (CAGR) of 30…
Norway's Statoil has made a 15-75 MMboe gas and condensate discovery near the 70-200 MMboe King Lear discovery located just 17km from the Ekofisk facilities. The Julius discovery well 2/4-23S, drilled using the Maersk Gallant jackup in 68m water depth…
Image: Joanne Keilloh/ Seatronics Seatronics appointed Joanne Keilloh as its new group QHSE coordinator based in Aberdeen. Keilloh will lead the QHSE function within the Seatronics Group and Acteon sister company…
Oil & Gas UK has released updated well abandonment guideslines to improve cross industry understanding of well-related issues on the UK Continental Shelf. The new publication includes guidance on generating cost estimates to support well abandonment operations…
Fugro is now offering cable-lay in addition to trenching to its offshore windfarm and tidal energy clients. The company has equipped its trenching vessel Fugro Saltire with a compact, custom-made, cable-lay spread. This comprises a reel drive system to store the cables…
Searcher Seismic in cooperation with MAGE completed the acquisition of the Echidna Regional Broadband 2D seismic survey covering the Porcupine and Slyne basins, and the Goban Spur offshore Ireland. Map from Searcher…
While at first the oil price seemed to spur a rash of big M&A deals in 2014 and early 2015, analysts at GlobalData and IHS say the market could slow if the oil price doesn’t increase. Jeannie Stell reports. Image from Baker Hughes…
West Texas Intermediate crude (WTI) fell below US$50/bbl, to $49.93/bbl, on 20 July for the first time since April, despite reports that Saudi Arabian exports have fallen to their lowest in five months. According to statistics published by the Energy Information Agency (EIA)…
Research from NEL, the flow measurement research and development specialist, reveals that the North Sea oil and gas sector could be misreporting more than £700million per year. This is due to its reliance on the American AGA-8 standard to measure gas composition of North Sea fields…
Italy's Eni has discovered gas at the Nooros exploration prospect in the Abu Madi West license, in the Nile Delta, offshore Egypt. Preliminary estimates of the discovery account for a potential of 15 Bcm of gas in place with upside, plus associated condensates…
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