Germany's Wintershall has submitted its Skarfjell field development plans to Norway's Ministry of Petroleum and Energy. Image from Wintershall. The proposed solution, which was first revealed earlier this month…
Wärtsilä and PGS Geophysical have signed a service agreement that makes Wärtsilä the preferred service supplier for engines and other Wärtsilä equipment. According to the agreement, Wärtsilä will take care of the maintenance of engines and…
Integrated process solutions provider ProSep will supply one ProDry unit to Statoil for the Troll B ZMP Project. ProSep’s project scope of supply – awarded through Aker Solutions – began in January 2017 and is expected to last approximately five months…
UK-based semisubmersible rig operator Awilco Drilling has said global floater fleet utilization could finally start to recover from 2018. The firm says the decline in exploration and production spending seems to be bottoming out in 2017…
Norway’s Spectrum has dropped out of the race to acquire MultiClient Geophysical, after Geoex offered a bigger price tag for the company in a back and forth battle. Following Geoex’s announcement on 2 February of an increased offer price of NOK 1…
Offshore Ireland focused Lansdowne Oil & Gas has relinquished license SEL 4/07 following disappointing results from the Midleton prospect well. Lansdowne had 20% interest in the license, alongside Petronas subsidiary PSE Seven Heads, with 80%…
Wood Group has developed a new version of its ENVision software. The real-time environmental information management software system for process and industrial plants provides emissions monitoring, troubleshooting, data gathering, interpretation and complete reporting to regulatory agencies…
Wood Group has been awarded a three-year global agreement with BP for the provision of conceptual engineering services, pre-front end engineering design (pre-FEED) and FEED engineering services. The agreement has an option to extend for two additional years…
Oceaneering International signed a long-term agreement with Mærsk Supply Service to provide eight work-class remotely operated vehicles (ROVs), survey and associated services, including subsea tooling, engineering, communication and data solutions…
Noble Energy is moving forward with the development of its giant Leviathan project offshore Israel, with first gas targeted for the end of 2019. Image of Tamar operations, from Delek Group. The estimated 22 Tcf gas field…
The Ivar Aasen field in the North Sea was officially opened earlier today (13 February) by Minister of Petroleum and Energy Terje Søviknes. From left Øyvind Eriksen, chairman of the board in Aker BP and CEO in Aker…
Ocean Yield has terminated its bareboat charter contract with EMAS Chiyoda Subsea (ECS) for the Lewek Connector. The Lewek Connector, from EMAS. The two signed a short-term standstill deal for the vessel on 16 December…
Offshore Wind Consultants Ltd. (OWC), part of Oslo-listed Aqualis, has been awarded a framework agreement by Iberdrola to provide engineering and project management services for various wind farm projects offshore East Anglia, UK. Under the agreement…
Statoil awarded Simon Møkster Shipping contracts for three emergency response and rescue vessels (ERRV); and Havila Shipping for one ERRV. The contacts have a total value, included options, of nearly US$322 million (NOK 2.7 billion). The…
Large upstream projects are more often delivered by a group of partners rather than a single 100% owner. This spreads project risks and can also make it possible to finance megaprojects, which could be beyond the capacity of any single player…
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