RWE Dea and the State Oil Company of Azerbaijan Republic (SOCAR) have signed a joint study agreement to evaluate the hydrocarbon prospectivity in an area south of Baku in the Caspian Sea. The agreement was regarding the joint evaluation…
More than 170 applications have been received for the latest offshore licensing round in the UK, the Department of Energy and Climate Change (DECC) says. The 28th Offshore Oil and Gas Licensing Round closed for applications on Friday 25 April…
UK heavy oil explorer Xcite Energy has entered into a collaboration agreement with Statoil and Shell over the Bentley and Bressay fields in the North Sea. The move could see the two heavy oil fields developed using the same infrastructure…
Transocean is to create a new business unit called Caledonia Offshore Drilling Company to run its eight-strong North Sea midwater drilling rig fleet. The company expects to establish the new business unit during 2H 2014 and, at an appropriate stage…
Wood Group subsidiary Wood Group PSN has put its money where its mouth is and announced plans to address cost escalation in the North Sea by reducing rates paid to its UK-based onshore contract workers. The firm said the move was in response…
Umbilical, cable, and IWOCS firm JDR is increasing its global footprint with the opening of a new service and maintenance facility in Brazil. The JDR facility will be the latest addition to the bustling port city of Macaé when it opens for business in Q3 of 2014…
The first meeting of a new knowledge-sharing forum on subsea integrity management practice will take place in Houston during OTC week. The SURF IM Network is being led by Wood Group Kenny with support from the Industry Technology Facilitator (ITF) and 13 operating companies…
Craig International Supplies (CIS) has been awarded new contracts with Shell which will almost double the turnover of its business. The contracts will increase the international reach and buying power of the procurement division of Scottish family-owned energy services and shipping firm…
EMAS AMC have awarded welding specialist Serimax a long-term frame agreement to provide comprehensive welding services for their global spool base operations. EMAS AMC said the global frame agreement will further strengthen its…
Emerson Process Management has today announced the successful first deployment of its Roxar Downhole Wireless PT Sensor System. The new instrument has been deployed as part of the completion on Statoil’s Skuld field in the Norwegian North Sea…
OVERDICK announced that the BorWin beta topsides has been successfully installed in the German sector of the North Sea, about 53nm NNW of the island of Borkum. The step marks the completion of the most critical phase in the offshore campaign…
Poor weather and high costs have impacted Q1 exploration and appraisal drilling activity on the UK Continental Shelf, according to a report by Deloitte. The report, which details activity across North West Europe during Q1, was compiled by Deloitte’s Petroleum Services Group (PSG)…
BW Offshore has signed the contract with Premier Oil for the provision of a floating production, storage and offloading vessel to operate on the Catcher oil field in the UK North Sea. The firm charter period of the contract is seven years…
Accurate measurement of the output of wet gas fields is an important means of reducing the financial risks that exploration and production (E&P) companies face in sales gas allocation. Ultrasonic flow meter technology is proven for dry…
The UK Materials Technology Institute (MATRI), a Pera Technology company is part of a consortium of nine companies from across Europe that have announced their involvement in a European funded research project called CeraSphere. The…
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