Aibel announced it has secured a contract from Statoil for FEED and Engineering & Management Assistance (EMA) of substructures for the Hywind Scotland Pilot Park offshore wind farm. The contract has an estimated value of approximately NOK$40 million…
An independent commission has determined that radical fiscal and regulatory change is an absolute necessity to ensure that the remaining hydrocarbons on the UK Continental Shelf (UKCS) are fully exploited, in order to deliver the maximum economic contribution to the nation…
The Spanish Point appraisal well in Frontier Exploration Licenses 2/04, 4/08 and 1/14 in offshore Ireland's northern Porcupine Basin will not now be drilled in 2014, according to Dublin-based Providence Resources. However, a 3D seismic survey in the area is due to go ahead this summer…
Ulstein provides this video on the development of Island Offshore's latest vessel the Island Performer. The newbuild is a flexible, riserless light weight intervention (RLWI), and inspection, maintanence and repair (IMR) vessel built by the Ulstein Verft shipyard…
The Ulstein Verft shipyard announced that the newly built Island Performer was delivered today to ship owner, Island Offshore. The flexible, state-of-the-art RLWI/IMR vessel will serve its first five years for FTO in the Gulf of Mexico. “The…
Technip announced it has been awarded a new framework agreement by Statoil, Exxon Mobil and Gassco for diving, subsea intervention and repair contingency services. Under the terms of this framework agreement, a replacement of an existing frame agreement held for eight years…
Claxton Engineering Services Ltd., an Acteon company, has completed the first rigless removal of a stuck bottom hole assembly (BHA). The work was completed during a slot recovery operation using an innovative approach at Maersk’s Tyra East field in the Danish sector of the North Sea…
KCA Deutag group company RDS has been awarded a US$10 million contract to carry out front-end engineering design (FEED) work on Statoil’s Johan Sverdrup development in the Norwegian North Sea. The FEED work will be undertaken by the RDS team in London…
Norwegian private equity firm Viking Venture has acquired 40% of the shares in Norway-based 4Subsea. 4Subsea specializes in providing monitoring solutions, software, and expert services for flexible risers, as well as well intervention and wellhead systems…
Concept select to develop the Butch discovery in the Norwegian sector of the North Sea is due to be made by Centrica in early 2015, according to partner Faroe Petroleum. The move follows an unsuccessful well on the Butch South West exploration well 8/10-6S…
Industrija nafte (INA), d.d. and Edison International have finally launched production on the North Adriatic Izabela gas field project, 60km off Pula, Croatia. Total gas reserves are estimated at about 1.4 billion cu m (8.5MMboe), with production expected at about 280 million cu m/y (4…
A slowdown in the Norwegian maintenance and modifications (MMO) market has led Aker Solutions to seek alternative work for more than 200 staff at the business. About 100 engineers are to be transfered to a new subsea engineering hub in Stavanger…
Ireland’s Providence Resources announced Monday that 3D seismic survey operations have begun on its Drombeg oil prospect in the southern Porcupine basin, off southwest Ireland. The Lower Cretaceous Drombeg prospect is in the FEL 2/14 license area…
Xcite Energy has agreed a memorandum of understanding with Norway's Aibel, setting out the principles for executing the engineering, procurement and construction self installing platform for its UK North Sea Bentley heavy oil field. The platform…
North-England based Osbit Power (OP) has supplied a bespoke cable handling system to Technip Offshore Wind, to support Technip's cable installation operations at Dong Energy’s Westermost Rough offshore wind farm. Osbit says the modular…
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