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…
Scotland’s Paradigm Drilling Services is establishing its presence in Mexico by investing an initial US$5 million into the country and creating a Mexican subsidiary, Paradigm Drilling Services Mexico. Innes…
IKM Elektro and ENI Norge have signed a service contract for overhaul and repair of electric motors, generators and heaters on Goliat platform in the Barents Sea. The three-year contract has an option of 2+2 years and will be performed as an integrated operations project…
The Haewene Brim floating production (FPSO) facliity in the UK North Sea has resumed production after being shut-in just months after starting production following an overhaul. The Haewene Brim, which is operated by Bluewater on behalf of Shell…
Norway's Petroleum Safety Authority has launched an investigation into an incident on Transocean Barents on 4 March when a roughneck suffered crush injuries. The injured drill floor worker was on the monkey board, about 10-12m in the derrick…
ShawCor Ltd.(SCL) completed the acquisition of Dhatec B.V. for an undisclosed amount. “The acquisition of Dhatec will complement our pipeline performance strategy of combining pipe coating products and services into innovative solutions…
Trans Adriatic Pipeline AG (TAP) launched two pre-qualification contracts for the construction of the 105km offshore pipeline section under the Adriatic Sea. The contracts are for engineering, procurement, construction and installation (EPCI)…
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