Shares in Norwegian geophysical firm Magseis started trading on the Oslo Axess stock exchange on Friday. Magseis was founded in 2009, and has developed a proprietary Ocean Bottom Seismic (OBS) technology. The company has one purpose-built vessel in operation…
Houston’s Wison Offshore and Marine presented two concepts to the Pandora LNG joint venture partners for development of the Pandora gas field offshore Papua New Guinea, Cott Oil and Gas (40% interest) announced on 2 June 2014. Wison was…
Maersk Oil UK has been given approval from the UK and Norwegian authorities to develop the Flyndre and Cawdor fields. The fields lie about 293 km south east of Aberdeen in UK North Sea Blocks 30/13 and 30/14 (Flyndre and Cawdor) and Norwegian North Sea Block 1/5 (Flyndre only)…
Talisman Sinopec Energy UK's managing director Geoff Holmes left the busines with immediate effect, yesterday, with the firm's executive vice-president Europe-Atlantic Paul Warwick taking over the job in an interim role (pictured). Talisman…
Industry excellence in health and safety was recognized at the UK Oil and Gas Industry Safety Awards yesterday. Held at Aberdeen Exhibition and Conference Centre, the event recognizes and honors the companies and people who embody the spirit of safety and innovation across the sector…
Norwegian oil services technology firm Cubility AS has been bought from private equity firm Energy Ventures by a Triton Partners fund. The firm, based in Sandnes, has developed MudCube, a solids control and waste management system for drilling operations…
Dutch seismic interpretation solutions provider dGB Earth Sciences has opened an office in Rio de Janeiro because of the growing market for seismic interpretation solutions in South America. The company's open-source seismic interpretation platform…
Drilling and well services firm Archer has won a contract to provide drilling services to Talisman Sinopec Energy UK Limited. The contract will be the first to use the Archer Emerald modular rig on the UK Continental Shelf. The Archer…
Wood Group PSN (WGPSN) has been awarded its first major contract in the UK in 2014. The five year contract from Talisman Sinopec Energy UK is valued at US$500 million and includes an option for two additional, two year extensions. Under the scope…
The North Sea Enoch oil field is due back on stream in early 2014, following restoration work on a new subsea tree and production testing. The Enoch field is on the border between the Norwegian and UK continental shelf, inBlock 15/5,in the southern part of the North Sea…
Prospector Offshore Drilling's new jack-up drilling rig, Prospector 1, arrived in the Cromarty Firth, Scotland today, after a two-month journey from its construction shipyard in Dalian, China. The jack-up features an advanced, fully-automated…
Lundin Petroleum AB appointed Paul Atkinson as general manager for Malaysia and managing director for Lundin Petroleum's southeast Asia business. Atkinson is joining Lundin Petroleum from Talisman Energy, where he has held various senior managerial positions since 2001…
BP has selected a new head of exploration to replace Mike Daly, who is leaving BP at the end of 2013 after 28 years with the company. Richard Herbert returns to BP after serving as executive vice president at Talisman Energy since 2009…
The Norwegian Petroleum Directorate (NPD) released a report appraising five field developments on the Norwegian Continental Shelf with investments exceeding NOK 10 billion (approximately US$1.7 billion). The report examines five fields on the Norwegian Continental Shelf (NCS) – Skarv…
“Rumours of the IOCs demise are premature”, said Shell’s upstream director Andy Brown to a crowded lunch discussion on the roles of IOCs, Independents and NOCs yesterday. Brown said as NOCs are now operating outside their home countries…