Aberdeen-based independent explorer Xcite Energy Resources (XER) has agreed a memorandum of understanding (MOU) to use a self-installing platform design on its North Sea Bentley field. The MOU, with engineering firms AMEC and Ove Arup & Partners…
UK based engineering group Houlder, has launched a new venture to support clients headquartered in the US. This follows an increasing number of successful global projects for oil majors, operators and service providers. Houlder Americas Inc…
Sevan Marine has agreed to sell a 49% stake in Norwegian firm KANFA AS to Technip Norge for an undisclosed amount. The deal will leave Sevan Marine with 51% ownership in KANFA AS, with Technip owning the remaining 49%. KANFA is an…
CGG says it has started acquiring the largest broadband multi-client 3D survey ever shot offshore Norway. The BroadSeisTM/BroadSourceTM 3D Horda survey will also be the largest broadband multi-client program CGG has acquired in NW Europe…
The new accommodation and field centre platform on the Ekofisk Complex - now the largest accomodation platform in the North Sea - was officially opened on Tuesday, 1 April. The new platform, now entering use, is the largest accomodation platform in the North Sea…
Aibel’s Singapore office has been awarded a contract by BW Offshore Singapore to provide topside engineering services for the UK North Sea Catcher project, operated by Premier Oil. The scope includes detailed engineering services for…
Electromagnetic Geoservices ASA (EMGS) has received a Letter of Award (LOA) from North Energy ASA for a contract of US$3.3 million for 3D EM data acquisition over and in the vicinity of license PL509S in the North Sea. 'This contract…
Global Energy Group is launching a new offshore diving division to expand its existing inshore diving operations. Global Diving will deliver air and nitrox diving for the offshore oil and gas and renewables sectors in the UK and world-wide…
Oil and gas IT services firm ISN Solutions has secured £4.6m investment from Aberdeen-based private equity firm Maven Capital Partners as part of a growth plan. Entrepreneur Tom Smith, founder of telecommunications firm Nessco (pictured)…
The expansion follows a second successful year for the naval architecture and marine engineering specialist. The company, which focuses on marine, subsea and structural design and analysis, is on track to record turnover of £800,000 for the financial year ended March 2014…
Aberdeen-based independent explorer Xcite Energy Resources (XER) has agreed a memorandum of understanding (MOU) with Teekay Shipping Norway on the use of a floating production facility for its Bentley heavy oil field in the North Sea. The…
Production has started on the first new Statoil-operated platform on the Norwegian Continental Shelf since 2005. The Gudrun oil and gas field, in the Norwegian sector of the North Sea, is also the first new to be operated by Statoil from the Stavanger region since Sleipner in 1993…
Heat transfer, separation and fluid handling firm Alfa Laval has agreed to buy submerged pump systems firm Frank Mohn AS for NOK 13 billion from Wimoh AS. Alfa Laval said the move, which includes the Framo brand products, would strengthen its fluid handling portfolio…
Are the UK's fractured basement reservoirs ripe for exploitation? Hurricane Energy's Robert Trice explains why he believes they are. The potential of fractured basement reservoirs is often overlooked by explorers, yet there are numerous…
ION Geophysical Corp. today announced it is collaborating with UAE-based Polarcus to acquire a new 4000sq km, 3D multi-client seismic survey offshore southwest Ireland, the first major survey of the significantly underexplored deepwater Southern Porcupine basin…
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