ThoughtStream: Opinion The shift in oil demand from industrialized to emerging economies is one that we at Dana Petroleum know only too well. An impressive North Sea success story with modest but ambitious beginnings in Aberdeen in the mid-1990s…
Prospector Offshore Drilling's new jack-up drilling rig, Prospector 1, arrived in the Cromarty Firth, Scotland today, after a two-month journey from its construction shipyard in Dalian, China. The jack-up features an advanced, fully-automated…
Alpha Petroleum (UK) Holdings Limited is the proposed buyer for ATP Oil and Gas UK Ltd (ATP UK), it has been revealed. Independent Oil and Gas plc, which is a partner in licenses operated by ATP UK, said US court documents posted today…
Italy's Eni has signed a string of agreements with Russian operators and a research institution, building its ties with the country. The first is a memorandum of understanding (MOU) between Eni and Novatek, which sees the two firms agreeing…
Italian oil major Eni has fired up its new petaflop-class supercomputer at its Green Data Center in Ferrera Erbognone, northern Italy. The supercomputer will support hydrocarbon exploration activities, providing the computing capacity…
Fugro announced that it has wholly-acquired Advanced Geomechanics Pty Ltd. (AG) to become part of its global geoconsultancy practice. The nearly 20-year-old, Perth-based AG provides geotechnical and geophysical engineering and consulting services…
Dutch walk-to-work technology company Ampelmann has acquired fellow Netherland’s based firm Offshore Solutions. Delft-based Ampelmann provides systems to safely transfer people and cargo from ships to offshore oil rigs or wind turbines…
Denmark’s Energy Agency (DEA) is due to launch its seventh licensing round for oil and gas exploration and production licenses in the Danish North Sea before the end of 2013, according to International Law Office. Image: DONG Energy's Siri platform…
More offshore wind projects could be scrapped in the UK, an official has warned, after it was announced that technical challenges had brought a halt to a 1200 MW project in the UK’s Bristol Channel. RWE Innogy said its planned Atlantic…
Ulstein's Ulstein Verft yard is to build an offshore construction vessel (OSV) larger than any other vessel the yard has built before. The new OSV, part of an order for two new OSVs from Edison Chouest Offshore and Island Offshore, through Island Ventures II LLC…
EQT VI has entered into an agreement to acquire Oslo-listed Aker Solutions ASA’s Well Intervention Services Business for an enterprise value of NOK 4 billion. “The acquisition has come to fruition through close cooperation with Aker Solutions…
Aker Solutions ASA secured a two-year option agreement extension valued at NOK 3 billion from Statoil ASA to provide maintenance and modifications work offshore Norway. The option is part of a 2010 framework agreement to provide maintenance…
Sterling Resources Ltd. has said production will be shut-in at the RWE Dea UK-operated Breagh platform in the southern North Sea for up to two months. Mechanical issues were discovered at the inlet area of the Teesside Gas Processing…
First gas has been produced from the Jasmine field in the central UK North Sea. Jasmine, operated by ConocoPhillips, is the largest discovery to come onstream in the North Sea since the giant Buzzard field began production in 2007, according to BG Group…
Tekmar Energy has launched a new cable protection system to help reduce installation time and costs, and minimise associated cable risks onshore. The TekTube cable protection system is an onshore-installed solution, to reduce project time and complexity offshore…
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