Amplus Energy Services, a floating production solutions firm headquartered in Aberdeen’s Grandholm area, has struck a deal with Technip in the UK to work together to develop untapped oil reserves in marginal fields in the North Sea. With…
BP Egypt has completed its acquisition of 22.75% in the North Alexandria Concession and 2.75% in the West Mediterranean Deep Water Concession from Hamburg-based DEA Deutsche Erdoel. The acquisition will bring BP’s working interest in both concessions of the West Nile Delta project to 82…
Ingen Ideas, an Amec Foster Wheeler company, has been awarded an £8 million contract by Marathon Oil for multi-discipline engineering contract on Marathon Oil’s Brae Complex in the North Sea. The contract started in October 2015 and will run for five years…
Houston-based Helix Energy Solutions and Jurong Shipyard entered into a second amendment to delay the construction of Helix’s Q7000 newbuild semisubmersible well intervention vessel. Image from Helix Energy Solutions…
McDermott International announced it has been awarded a sizeable transport and installation contract by an upstream oil and gas operator for a project offshore Trinidad, West Indies. The contract award includes the transport and installation of a 1000-tonne deck and 1600-tonne jacket…
Songa Equinox has commenced drilling operations under its eight-year drilling contract with Statoil at the Troll Field on the Norwegian continental shelf, and the rig is now on operating rate. Songa Equinox is the first rig in a series of four Category D semisubmersible drilling rigs…
Low production efficiency in the UK North Sea has amounted to some 900 MMboe of lost production, a senior oil executive told a business breakfast in Aberdeen this morning. Ray Riddoch, Nexen Petroleum’s UK managing director, said in 2014…
Seadrill Partners has secured one-year contract extensions for the T-15 and T-16 tender rigs with Chevron Thailand E&P. The contracts will now expire in July and August 2019, respectively. The total backlog of the two contract extensions is approximately US$80 million…
Ensco appointed Carey Lowe as the new chief operating officer. Lowe is based in London and succeeds Mark Burns, who is retiring from the company. Lowe has held various executive management positions at Ensco since joining the company in 2008…
The US Bureau of Safety and Environmental Enforcement (BSEE) will launch a pilot risk-based inspection program for offshore facilities, the agency announced on 7 December. “By focusing on facilities based upon their risk factors, BSEE…
Apache is to increase investment in drilling to 78% of its annual capital spending in 2016-2020, compared to 51% in 2012-2015, a business breakfast was told in Aberdeen this morning. Investment in seismic will double, from 5% of its capital spending to 10%…
NorSea Group (UK) has won a five-year contract with Wild Well Control for the storage of its emergency response WellCONTAINED System at NorSea Group’s facilities in South Base, Montrose. The WellCONTAINED system of services includes…
Tidal power firm Atlantis has entered into a five-year collaboration agreement with JDR Cable Systems to develop solutions for storage, installation, monitoring, connection, termination and testing of offshore subsea cables, as well as advancing the engineering design of the cables…
Norway-based eDrilling launched a simulator for drilling and well engineering and training of all engineering disciplines, to help the industry with efficient and safe well delivery. WellSim Interact represents the ultimate training/engineering…
Tracerco landed a contract to provide smart tracer technology for flow measurement of six new wells in Statoil’s Maureen reservoir of the Mariner field in the UK North Sea. Ilustration from Statoil…
Subscribe
