National Oilwell Varco (NOV) introduced an advancement in radio frequency identification (RFID) technology and asset management software for the oil and gas industry. NOV’s latest generation RFID tag, TracTagTM, has been field-proven…
Mubadala Petroleum has failed to find commercial quantities of oil at its Sri Trang-1 exploration well in the northern Gulf of Thailand. Sri Trang-1 is located in the G1/48 concession, approximately 18km north-northeast of the Manora oil development…
Norway’s Petroleum Safety Authority (PSA) has given Eni Norge consent to drill an exploration well in Block 7222 in the Barents Sea. Eni Norge is the operator for production license 226 in the Barents Sea. The well is to be drilled in a prospect named Aurelia…
Norway’s Petroleum Safety Authority (PSA) has given Norske Shell consent to use the Island Constructor mobile drilling facility for start-up and repair of wells on the Draugen field, offshore Norway. Draugen is an oil field in the Norwegian Sea in 250m of water…
Apply Emtunga is building the offshore accommodation modules to the oil rig projects Martin Linge and ETAP at the Arendal Yard in Gothenburg, Sweden. The living quarters for the oil rig Martin Linge are built by Apply Emtunga in Gothenburg…
Aquatic Engineering & Construction has been subcontracted to Bibby Offshore to replace subsea infrastructure in the Central North Sea as part of BP’s US$1billion Eastern Trough Area Project (ETAP) life extension project. Image…
DeepOcean 1 UK, a subsidiary of DeepOcean Group Holding has been awarded a contract for the provision of post-lay trenching of a 42km power cable from the shore to offshore United Arabic Emirates. Work will be performed by DeepOcean’s recently upgraded T1 mechanical trencher…
Maersk Oil awarded Boskalis Subsea a subsea IRM contract for the provision of air and saturation diving services from 2016 to 2019. Image of the DSV Constructor, from Boskalis. The…
Old and partly lost slots that were given up as providers of new production triggered new solutions for Statoil’s Snorre B. The result was three wells with an average price of US$21.6 million (NOK 170 million), compared to NOK 490 as reference base…
Oil major Shell has said it is to cut around 475 jobs from its UK and Ireland business by the end of this year as it further reduces its cost base. The firm has already announced more than 10,000 jobs cuts globally, including some 2800…
A new company focused on the plugging and abandonment of wells in the North Sea’s decommissioning sector has been set up by three oil and gas industry veterans. Aberdeen-based Well Decom has been launched to help companies manage costs…
Bibby Offshore, a leading subsea services provider to the oil and gas industry, has announced a substantial contract win with Apache North Sea to provide subsea construction, ROV and diving services at the largest oil field in the North Sea…
The UK oil and gas industry is set to become a pioneer in decommissioning activity globally and has the opportunity to become leaders in this field according to Wood Mackenzie. 'Although decommissioning in the North Sea has been an impending reality for some time…
Baker Hughes has implemented organizational and leadership changes effective this week in an effort to align with plans to build on its strength as a product innovator, in addition to achieve cost efficiencies, and support its enhanced commercial strategy…
Lifting, drilling and subsea solutions company Huisman introduced a new 400mt offshore mast crane simulator at its facility in Singapore. Crane simulator in Singapore, from Huisman. The…
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