Bristow Group has invested US$4.2 million in Sky-Futures, drone inspection data services provider for the oil and gas industry, giving Bristow immediate entry to the fast-growing UAV services business. Image from Sky-Futures…
Petrofac's enginnering and production services business SPD Ltd. was awarded a contract by Zennor Petroleum to provide well design and well construction management services, to support the Finlaggan appraisal well which is located in the central sector of the North Sea…
Golar LNG Ltd. entered into a purchase agreement to sell the Golar Tundra, a floating storage and regasification unit (FSRU), to Golar LNG Partners for US$330 million. In connection with the closing, the Golar Partners will receive a daily fee plus operating expenses…
Harkand completed an inspection, repair and maintenance (IRM) campaign for BP Trinidad and Tobago (BPTT) utilizing the Harkand Da Vinci diving support vessel (DSV) and the company’s new hyperbaric rescue facility (HRF) in the Caribbean. The Harkand…
PA Resources signed an agreement to divest its portfolio of North Sea assets to Petrogas E&P. The sale includes the company’s 24% interest in license 12/06 in Denmark, which holds the Broder Tuck and Lille John discoveries, as well as its exploration licenses in the UK…
TV presenter and maths expert Rachel Riley is set to return as host for this year’s OE-supported Offshore Achievement Awards after winning over the crowd at last year’s ceremony. After graduating from Oxford with a mathematics degree…
Aker Solutions will deliver a concept study on a new processing platform for future phases of the Statoil-operated Johan Sverdrup field in the Norwegian sector of the North Sea. The study includes design solutions for a tie-in of the…
Denmark's DONG Energy will take over an offshore New Jersey wind lease previously held by RES Americas Developments that had been awarded to RES in an auction held by the US Bureau of Ocean Energy Management (BOEM) in November 2015. The New Jersey lease encompasses 160…
In the International Energy Agency’s (IEA) oil market report for February 2016, signs of a demand slowdown surface, with higher OPEC output only partly offsetting non-OPEC decline. Having peaked, at a five-year high of 1.6 MMb/d in 2015…
Fugro and technology partner Areté Associates have successfully delivered near real-time, synoptic, surface current data to characterize loop current and loop current eddy conditions in the US Gulf of Mexico during a period of intense current conditions…
ExxonMobil is seeking a permit to plug 22 wells at its Jotun field in the North Sea, with start-up planned for April, according to news reports. The Jotun vessel. Image from ExxonMobil. The…
Aibel, along with other companies, is working on a C study for the second phase of Statoil’s Johan Sverdrup development. The study is managed from Aibel's Oslo office. Image from Aibel. Aibel's…
New oilfield services company Ardyne has been launched with £50 million backing from Lime Rock Partners and has made its first acquisition. Headquartered in Aberdeen, Ardyne will specialize in the provision of downhole products and…
Offshore trade unions have teamed up to form a co-ordinated 'fightback' against cuts and changes effecting workers in the UK's oil industry. The newly formed Offshore Co-ordinating Group (OCG) has representatives from Units, the RMT, the British Airline Pilots’ Association (BALPA) the GMB…
Technip has been awarded a lump sum contract by Deep Gulf Energy III for the development of the deepwater Southe Santa Cruz and Barataria fields, in 200m water depth in the Mississippi Canyon, Gulf of Mexico. The contract consists of: Project management and engineering services…
Subscribe
