The global offshore rig market experienced a significant year-on-year growth at the close of 2021, up 200% from 2020, energy intelligence group Westwood Global Energy Group said Wednesday.According to Westwood, the offshore rig market has been bolstered by significant engineering, procurement and construction (EPC) spend, closing last year at $41.7bn, close to 2019 levels.Westwood's analysis shows that global rig contract fixtures…
SPE Offshore Europe 2023 celebrates 50 years since the first edition was held in 1973 at Aberdeen University. The theme of the milestone event, being held at P&J Live, Aberdeen, from 5-8 September 2023, is ‘Accelerating the transition to a better energy future…
Integrated energy solutions provider T7 Global manpower subsidiary T7 Intelligent Resources has secured a 2-year contract with the U.S. oil firm Hess in Malaysia.The contract, worth RM6 million (around $1,4 million) is for the provision of technical…
Aberdeen-based subsea battery developer EC-OG has changed its name to Verlume. The company said the name change was in preparation for 'large-scale growth at pace' and to emphasize its position as 'a clean technology leader.''As part of a strategic evolution…
The organizers of SPE Offshore Europe offshore energy-focused event in Aberdeen have decided to postpone the event on 1-4 February 2022 at P&J Live, Aberdeen, in alignment with Scottish Government guidance on the coronavirus situation.Jonathan Heastie…
The organizers of SPE Offshore Europe 2021, a UK event focused on offshore oil and gas as well as energy transition, have announced that the show’s face-to-face event is moving to 1-4 February 2022 at P&J Live, Aberdeen and the conference will run virtually from 7-10 September 2021…
The American Association of Petroleum Geologists (AAPG) and the Society of Petroleum Engineers (SPE) on Tuesday announced the two associations were in the process of exploring a potential merger.AAPG and SPE said they were studying the benefits…
Nominations for the 2021 Offshore Achievement Awards (OAA), organized by the SPE Aberdeen, are now open with newly announced awards for ‘Diversity & Inclusion’ and ‘Digital Innovation’.'The 35th annual awards will once again celebrate all that…
Australian wave energy technology developer Carnegie Clean Energy has signed an agreement with Hewlett Packard Enterprise Company (HPE) to cooperate on a project to develop a reinforcement learning-based controller for the CETO wave energy technology…
Shallow gas reservoirs drilled into at a 60-degree angle from the surface in the 1980s have posed a unique decommissioning challenge – resulting in a new design modular plug and abandonment (P&A) unit.When it comes to decommissioning, many operators…
Commitment to accelerating the energy transition is gathering pace, as operators and technology developers at SPE Offshore Europe 2019 said they will invest to secure a more sustainable energy mix.In another encouraging sign that the energy…
The 33rd Offshore Achievements Awards held in Aberdeen on Thursday night recognized talent, ambition and innovation across the UK offshore energy sector.The Society of Petroleum Engineers (SPE) Aberdeen Section revealed the 11 award winners to an audience of almost 500 people…
Sian Lloyd-Rees, UK country manager with Aker Solutions and and chair of the Low Carbon Future keynote program session at SPE Offshore Europe 2019, believes oil and gas companies should lead the way toward a lower carbon future. Energy diversification…
Finalists for the Offshore Achievement Awards 2019 have been revealed last week.The annual awards, which are hosted by the Society of Petroleum Engineers (SPE) Aberdeen Section, give recognition to the best talent, performance and innovation in the offshore energy industry…
Winners of the 2018 Offshore Achievement Awards were announced last night {22 March} in a celebration of industry talent, innovation and enthusiasm.The Society of Petroleum Engineers (SPE) Aberdeen Section revealed the 11 winners to an audience of more than 450 people…
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