Nederlandse Aardolie Maatschappij (NAM) – the joint venture between Shell and ExxonMobil – has renewed and extended its Health, Safety and Environmental (HSE) contract with Royal HaskoningDHV. The three-year contract covers risk above…
Hurricane Energy plc announced that the Lancaster horizontal appraisal well was spudded on 26 April 2014. The firm is using the Transocean Sedco 712 semi-submersible drilling rig for the operation which is intended to drill and test the Lancaster basement oil discovery…
RWE Innogy UK announced that it has successfully completed the installation of all 160 foundations at the world’s second largest wind farm, Gwynt y Môr, off of North Wales. Gwynt y Môr is a greater than US$3.36 billion offshore wind farm on schedule to become fully constructed this year…
BG Group's CEO Chris Finlayson has resigned, with immediate effect, the UK-based exploration firm announced today, raising calls for the firm to be broken up and suggestions it would now be a takeover target. In a statement, BG said the resignation…
The Danish Energy Agency (DEA) has launched the country's 7th North Sea Licensing Round, covering the Central Graben, where the majority of Danish fields have so far been discovered, and areas further to the east, where oil discoveries were made in the 6th Licensing Round…
TGS has started new 2D and 3D multi-client projects in the Norwegian Barents Sea. Both surveys will provide high quality data prior to the closing of the 23rd Norwegian Licensing round. The HFCE14 is a 3100sq km 3D multi-client survey…
NGI from Oslo, Norway, and Plaxis, from Delft, the Netherlands, have established a new joint venture, XG Geotools. XG Geotools will produce and market cloud-based software tools tailored for design tasks in offshore geotechnical engineering…
Transparency Market Research has released a new market report titled 'Enhanced Oil Recovery (EOR) Market: Global Industry Analysis, Size, Share, Growth, Trends and Forecast, 2013 - 2023,' that defines and segments the enhanced oil recovery…
Siemens is investing more than US$262 million in new offshore production facilities in Great Britain. Production of rotor blades for offshore wind turbines of the 6Mw class is planned, with a new logistics and service center slated for Hull…
Cyprus-based Songa Offshore SE, an international midwater drilling contractor active in the North Atlantic basin, has chosen to deploy IFS Applications for Offshore Service to support its onshore and offshore operations. The contract includes…
With the subsea construction vessel (SCV) associated with the Shah Deniz Phase 2 natural gas development expected to hit the waters in April 2017, contracting for the project is in full swing. Two more major contracts totaling nearly US$500 million announced 23 April…
Task Geoscience and Fronterra Integrated Geosciences are to merge to become geoscience consultancy – the Task Fronterra Group. Task Fronterra has received a financial injection of growth capital investment from the UK's Business Growth Fund…
UK-based subsea services firm Reef Subsea is to split up into three independent companies after its January buyout by Norwegian private equity outfit Hitecvision. The three new companies will be Reef Subsea, X-Subsea, and Technocean Subsea…
Technip has entered into an agreement to divest a majority stake of at least 51%, up to 75%, in Seamec Ltd. HAL Offshore Ltd., India at a consideration of Rs 97 per share (US$27 million for 51% stake and up to $40 million for 75% stake). This…
Dubai-based rig and platform builder Lamprell has set an official Guinness World Record for the heaviest load moved by self-propelled modular trailers (SPMTs) as part of the Golden Eagle platform project (pictured). Lamprell’s contract was for a production…
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