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Drydocks World Chairman awarded for Offshore Services management

2 June 2014

His Excellency Khamis Juma Buamim, Chairman of Drydocks World & Maritime World received the Award for Excellence in Shipyard Management for Offshore Services at the First International Marine Club (IMC) Golden Helm Excellence Awards (2014)-Middle East for making outstanding contributions to the sector. The ceremony was held recently at the Emirates International Maritime Academy in […]

Premier Oil ups 2019 production guidance

16 May 2019

Business & Finance

Premier Oil is lifting its production guidance for the year as the current levels of oil and gas output are ahead of forecast.

‘Bitter disappointment’ as UK rejects support for €29.5B project to import renewable energy from Morocco

27 June 2025

Authorities & Government, Business & Finance, Business Developments & Projects, Infrastructure, Market Outlooks, Outlook & Strategy, Project & Tenders, Regulation & Policy, Rules & Regulation, Storage, Transition, Vision

The UK Government has decided to reject the huge £25 billion (around €29.5 billion) project that would import 11.5 GW of solar and wind power from Morocco to the British grid via 4,000-kilometer HVDC subsea cables. The Xlinks Morocco-UK power project envisions the development of a commercial-scale renewable energy project in Morocco, harnessing solar PV […]

Premier Hires Wood Group for Tolmount FEED

10 April 2017

Business & Finance, Equipment, Operations & Maintenance, Project & Tenders

Wood Group has been awarded a contract by Premier Oil to deliver front end engineering design (FEED) to the Tolmount offshore field development in the Southern North Sea. Effective immediately, Wood Group will provide topsides, jacket, pipeline, flow assurance and subsea engineering expertise for Premier’s Tolmount offshore assets and export pipeline, which ties into the […]

RWE Dea Farms Into Two Licences Offshore Shetlands

5 December 2013

RWE Dea has signed an agreement to farm-in to Licences P1932 and P2074, which will allow the company to participate in the drilling of the Mustard prospect in the UK Continental Shelf (UKCS), West of Shetland. The well is planned to spud in 2015. RWE Dea is acquiring a share of 25% from Chrysaor […]

Premier: Bonneville Wells Discover Oil (UK)

23 April 2013

UK’s oil and gas exploration and production company Premier has announced that both the Bonneville exploration well (28/9a-6) and its side track (28/9a-6z) have discovered oil. The Bonneville prospect is located four kilometres south of the Burgman discovery on the Catcher licence in the UK Central North Sea. The Bonneville well was drilled to a […]

Awilco Drilling 2Q Profit at $29.4 Million

15 August 2013

Awilco Drilling PLC, a UK-based drilling contractor, today reported contract revenue of USD 59.5 million in Q2 2013 (USD 53.4 million in Q1), EBITDA of USD 38.6 million (USD 33.9 million in Q1) and net profit of USD 29.4 million (USD 24.7 million in Q1). Contract backlog at the end of Q2 was approximately USD […]

Mentor IMC supports Premier Oil’s Catcher project

12 June 2014

Business & Finance

Premier Oil has awarded a contract to oil and gas project resource specialists Mentor IMC Group to supply and support the resource requirements for the North Sea operator’s Catcher development. Mentor IMC Group will partner with Premier in its key overseas design and fabrication locations of Singapore, Japan and Norway. This news solidifies Mentor IMC […]

Premier Oil in board changes

14 April 2016

Business & Finance

UK-based oil company Premier Oil announced that its Falkland Islands and South-East Asia director, together with other two non-executive directors, is stepping down from the company’s board of directors. Neil Hawkings, in charge of Falkland Islands & SE Asia, has decided to step down from the board with effect from June 30, 2016. In addition, David Bamford and Michel Romieu, […]

Equinor receives nod for North Sea drilling ops

28 July 2023

Authorities & Government, Business & Finance, Business Developments & Projects, Exploration & Production, Project & Tenders, Regulation & Policy, Rules & Regulation

Equinor has received consent from Norway’s offshore safety regulator for exploration drilling in the North Sea off Norway, using a KCA Deutag Drilling-managed rig.

Premier Oil lifts Catcher plateau production expectations

15 May 2017

UK North Sea Catcher field, Premier Oil’s crown jewel set to start oil production in 2017, might achieve higher plateau output rate than initially anticipated. According to Premier Oil, ten wells have been drilled to date at the project. The drilling results have led the operator to be optimistic that a higher plateau production rate […]

NWCC Transmission Update Briefing (USA)

28 October 2010

Human Capital

Our next NWCC Transmission Update Briefing will take place on Tuesday, November 2, 2010 at 1:00 PM Eastern (12:00 CT / 11:00 MT / 10:00 PT). The Center for Advanced Energy Studies’ Energy Policy Institute (EPI) is leading a team of researchers from Boise State, Idaho State, and the Idaho National Laboratory in an innovative […]

NWCC Transmission Update Briefing (USA)

28 October 2010

Human Capital

Our next NWCC Transmission Update Briefing will take place on Tuesday, November 2, 2010 at 1:00 PM Eastern (12:00 CT / 11:00 MT / 10:00 PT). The Center for Advanced Energy Studies’ Energy Policy Institute (EPI) is leading a team of researchers from Boise State, Idaho State, and the Idaho National Laboratory in an innovative […]

Marine Energy Collegiate Competition winners announced

24 July 2020

Authorities & Government, Innovation, Research & Development, Technology

The U.S. Department of Energy (DOE) has announced the winners of the 2020 Marine Energy Collegiate Competition (MECC). Of the 14 collegiate teams that competed, DOE recognized three overall winners, who achieved the highest scores. DOE also recognized three teams for their performance in individual categories of the competition. The National Renewable Energy Laboratory (NREL) […]

Premier Oil extends membership with technology facilitator

1 September 2017

London-listed oil and gas company Premier Oil has extended its membership in the Industry Technology Facilitator (ITF) by three years. The organization said on Thursday that Premier Oil had been its member 2011. ITF supports the industry in unlocking oil and gas reserves through collaborative investment in new technologies. The company will join BP, ExxonMobil, Lloyd’s […]

Awilco earns $31.6M in 4Q, 2013

25 February 2014

Awilco Drilling PLC reported contract revenue of USD 61.4 million (USD 62.3 million in Q3), EBITDA of USD 40.5 million (USD 46.3 million in Q3) and net profit of USD 31.6 million (USD 36.6 million in Q3). In the fourth quarter Awilco Drilling had rig operating expenses of USD 16.3 million. General and administration expenses were USD 5.7 […]

UK: Premier Oil Shifts Focus to North Sea After Success in Asia

15 November 2011

Business & Finance

Premier Oil, a growing oil and gas exploration and production company with interests in eight countries around the world today announced its Interim Management Statement for the period to 15 November 2011. Premier’s two significant Asian developments are now onstream. Chim Sáo field offshore Vietnam is producing 25-30 kbopd, which is ahead of expectations. Gajah […]

Premier’s Catcher remains on target as costs drop further

12 January 2017

Project & Tenders

Premier Oil, a UK-based oil company, has further lowered the capex for its Catcher development in the UK North Sea. The forecast now says capex will be 29 percent lower than at sanction. Premier Oil said in an update on Thursday that the total capex is now forecast at $1.6 billion, which is $100 million less […]

Premier selling Pakistan business to cut debt

5 April 2017

Premier Oil, an oil company with the main focus on the UK North Sea, has agreed to sell its subsidiary in Pakistan to Al-Haj Energy Limited. The company, working to bring online its Catcher field in the North Sea this year, is selling Premier Oil Pakistan Holdings BV, deemed a non-core asset, for $65.6 million. […]

Premier Eyes $880 Mln Revenues in H1

10 July 2014

Business & Finance, Operations & Maintenance

Premier has provided an Operations Update summarising key activities since the Interim Management Statement on 14 May 2014 and a Trading Statement in respect of its half year financials to 30 June 2014. This is in advance of the Group’s 2014 Interim Results which will be published on Thursday 21 August 2014. Tony Durrant, Chief Executive, […]

Alotta delivers Chile’s first floating solar at Mowi site

2 June 2025

Business Developments & Projects, Equipment, Exploration & Production, Project & Tenders, Technology

Alotta Energy Chile has delivered the country’s first floating solar installation at Mowi’s Isla Huar salmon farm in the Los Lagos region, aiming to cut CO2 emissions and reduce diesel reliance in offshore aquaculture. The system, developed, financed, and installed by Alotta Energy Chile, a subsidiary of Norway-based Alotta AS, forms part of the company’s […]

Drydocks World to Build ‘Mega Jack-up Rig’

13 January 2014

Business & Finance

Drydocks World, the UAE-based service provider to the maritime, oil & gas and energy sectors, signed an Agreement with Drill One Capital for building the “Dubai Expo 2020 NS” mega Jack-up rig. Gusto MSC which is one of Drydocks’ major partners in this project has designed the CJ 80 rig and the rig will be […]

Hungary’s MOL buys stake in 6 North Sea blocks from Premier Oil

30 June 2014

Hungary’s MOL Plc.has executed a Sale and Purchase Agreement with Premier Oil UK Limited to acquire shareholding interest in Central North Sea offshore assets in 6 licences.

Drydocks World Recognized for Safe & Eco-Friendly Practices

10 October 2013

Drydocks World, the international service provider to the maritime, oil & gas and energy sectors, received the Award for the Health Safety and Environment Project (HSE) of the Year at the fourth Oil & Gas Middle East Awards hosted by publisher ITP Business on October 9, 2013 in Abu Dhabi. The ceremony was attended by […]

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