Drilling contractor Awilco Drilling posted zero revenues for Q1 this year and a net loss of US18.7 million, thanks to one rig being out of work and another undergoing work. While the firm has work for one of its two semisubmersible rigs…
Sparrows Group has been awarded a 20-month inspection services contract to cover Stena Drilling’s global fleet of drilling vessels. The agreement will see Sparrows Group deliver LOLER lifting gear surveys, potential dropped objects surveys…
Fugro has begun a three-year period of metocean and ice data acquisition as part of the Barents Sea Metocean and Ice Network Project. The data will help operators to better understand relevant operational uncertainties and risk factors…
The Industry Technology Facilitator (ITF) has appointed Richard Luff to its board as a non-executive director. A chartered civil engineer, Luff has over 40 years’ experience in the oil and gas sector and currently serves as INTECSEA’s senior vice president for the Europe and Africa region…
Photographer Jan Berghuis has caught these stunning images of the moment Heerema Marine Contractor's Thialf heavy lift vessel lifted into place a new, 10,000-tonne module for Talisman Sinopec Energy UK's new Montrose platform in the UK North Sea…
Bibby Offshore has entered into a multimillion dollar agreement for two of its vessels to provide first gas and construction support on its assets in the Southern North Sea. The contract, with an unnamed global energy provider, is due to be executed between Q3 and Q4 2016…
Vessel builder Vard is looking at its options concerning a Harkand diving support and construction vessel that is under construction at its yard, after Harkand went into administration last week. Harkand has one diving support and construction…
OE readers won’t need much reminding of the parlous state in which oil and gas currently finds itself. That’s particularly the case here in the North Sea where the price slump is compounded by dwindling reserves and high operating costs. By contrast…
The UK's Oil and Gas Authority (OGA), a newly formed independent regulator, has released a second invitation to tender (ITT) for the 2016-2017 UK Government funded seismic program. This tender is for reprocessing legacy seismic data in…
Tidal energy developer Atlantis Resources has completed the acquisition of Scottish tidal project assets from ScottishPower Renewables (UK) in exchange for a stake in the company's wider development portfolio. Atlantis subsidiary Tidal Power Scotland has issued new ordinary shares to SPR…
Nexen Petroleum is to end production from the Ettrick field in the North Sea and remove the floating production facility FPSO Aoka Mizu from the location. Nexen, which is owned by China National Offshore Corporation, terminated a contract with FPSO provider Bluewater in March…
UK-based subsea inspection, repair and maintenance firm Harkand has gone into administration. In a recorded message left by the firm on its phone line, the company said that on Wednesday, 4 May, staff from Deloitte had been appointed…
The helicopter company whose aircraft crashed outside Bergen last week, killing 13, has filed for relief under the Chapter 11 bankruptcy code in the US. CHC Group's move follows its delisting from the New York stock exchange earlier this year…
DONG Energy has started consultation on its 2.4GW Hornsea Project Three offshore wind farm in the UK North Sea. If built out to full capacity, Hornsea Project Three would be the world’s largest offshore wind farm, capable of powering over 2 million UK homes…
Swedish wave energy firm Minesto has entered into a supplier agreement with Subsea Riser Products (SRP), within which Minesto has ordered a modified version of SRP’s product Rocksteady for its tidal energy power plant Deep Green. Delivery is scheduled for the first quarter of 2017…
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