The global offshore accommodation market has seen significant growth over the past five years, with persons on board (PoB) requirements increasing by 27% between 2009 and 2014. Although the recent oil price decline has negatively impacted the accommodation market to some extent…
Statoil Petroleum and Gassco awarded the 2015 annual pipeline inspection contract to Fugro. The Geo Prospector. From Fugro. The contract covers inspection of defined sections of subsea…
Aberdeen-based Nexen Petroleum awarded Asset Guardian Solutions Ltd. (AGSL) a contract to provide solutions software for the Golden Eagle project offshore the UK North Sea. AGSL will provide the software management tool, Asset Guardian…
Expro won the Innovator Award at this year’s SPE Offshore Achievement Awards for its pioneering wireless well solutions technology. Champion receiving the award. Image from Expro. The…
Gaffney, Cline & Associates (GCA) opened a new office location in central London to complement its existing UK base in Bentley, Hampshire and international locations in Houston and Singapore. Michael Cline, GCA principal – business strategy and legal counsel will lead the new office…
GDF Suez E&P UK made a new discovery at the Dalziel structure in the UK Central North Sea. The Transocean Galaxy II jackup. From Transocean. Well 22/16-6 flowed at rates in excess of 8000…
A “total reinvention is the level of change that is needed” for the North Sea to move forward and continue to be competitive, energy leaders heard in northeast England yesterday (11 March). The North Sea’s mature status, high costs,…
Newcaslte, England-based valve manufacturer BEL Valves is looking to set up a new £10 million subsea engineering facility for Newcastle’s Quayside. Plans for the 20,000sq ft Neptune Test Centre on the now derelict Spillers Tyne Mill site…
Ocean Installer signed amendments with Statoil for umbilical marine installation at the Visund field and for riser replacement at the Troll B field, both in the North Sea. Image of the Normand Vision…
Raptor Oil Ltd, a pre-revenue start-up company is to invest £1.5 million on a new research and development (R&D) project to help boost performance in the oil and gas sector. Raptor is using proven proprietary signal processing technology…
An American data analytics and risk assessment firm based in Jersey City has bought Edinburgh, UK-based energy and mining industry analyst Wood Mackenzie. Verisk Analytics has agreed to buy the firm for US$2.8 billion from owners Hellman & Friedman and other Wood Mackenzie shareholders…
Drilling on the Spanish Point gas discovery in the northern Porcupine Basin offshore Ireland has again been set back. Operator Cairn Energy said today (10 March) that the well, planned for 1H this year, had been 'deferred pending discussions…
Energy Secretary Ed Davey has announced that civil servant Sir Patrick Brown will take up the role of chairperson of the North Sea's new regulator Oil and Gas Authority (OGA). Sir Patrick, former Permanent Secretary to the Department for Transport from 1991-1997…
Statoil awarded Claxton Engineering Services a contract to supply conductor and internal centralizers to a minimum of 14 wells on the Gina Krog development, offshore Norway. Part of the Gina Krog centralizer order…
Statoil has chosen Sentinel Marine to provide a new multi-role emergency response and rescue vessel (ERRV) to support operations on the Mariner field on the UK Continental Shelf (UKCS). Aberdeeen-based Sentinel Marine owns and operates…