First Integrated Solutions, an Aberdeen-based oil and gas service company, has seen significant transformations over the past six months due to the firms increasing investment activity. In February, First Integrated Solutions was created…
An energy industry consortium set up to tackle the key challenge of enhancing oil recovery from reservoirs has started its mission by holding a kick off meeting to execute its plan of action. The €3.9 million project named OPTION – Optimizing…
Premier Oil is ramping up towards offshore installation work on its Solan field development in Block 205/26a, in 135m water depth, west of Shetland, in the UK North Sea. Construction and onshore commissioning of the four-legged Solan…
BATS Wireless (BATS) and specialist distributor Purdicom have announced a new offshore communications network project, with one of Purdicom's service provider partners, for a multinational oil company. The project calls for BATS to provide its state-of-the-art DVM-50 systems…
Activity offshore Myanmar is starting to increase, with a recent drilling contract announced and CGG opening a subsurface imaging centre in the southeast Asian country, formerly known as Burma. Today, UMW Oil & Gas Corporation subsidiary…
Weakening spending by E&P majors, particularly on seismic is being felt in the geoscience sector, with Dutch geoscience and geotechnical services firm Fugro revealing a potential Eur300-350 million non-cash impairment in its geoscience division today…
It is the first step in a long process. That is probably the best synopsis of the recent announcement by the Department of Interior’s (DOI) Bureau of Ocean Energy Management (BOEM) requesting information on areas to be included in the next…
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…
New Jersey is moving to stop an ocean research project opposed by the state's Department of Environmental Protection (DEP), fishing groups, and environmentalists. The US National Oceanic and Atmospheric Administration (NOAA) issued a permit on 1 July and the seismic surveys began…
Drydocks World announced the completion of a major refurbishment carried out on National Drilling Company’s (NDC) offshore drilling rig Al Ghallan. The project is part of a series of four rig repair and refurbishment projects signed with NDC in 2013…
AP Moller-Maersk subsidiary Maersk Olie og Gas (Maersk Oil) will take a US$1.7 billion impairment on its Brazilian assets, it announced 9 July. The Danish company specifically cited disappointing appraisals as one of the reasons it has “revised…
Inpex subsidiary Teikoku Oil (North America) has acquired an additional stake in the deepwater Lucius field, located in the US Gulf of Mexico, the company announced on 9 July 2014. The Japanese explorer entered the Lucius partnership in 2012 after acquiring 7…
Atlantic Towing (USA) has selected newly-designed, ice-strengthened PSV 5000 vessels from Damen Shipyards Group to meet its 10-year offshore support contract with ExxonMobil Canada Properties and Hibernia Management and Development Company (HMDC)…
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…
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