Demonstrating its commitment to expanding its state of the art U.K. manufacturing presence, GE’s Oil & Gas business has officially opened a new wireline manufacturing and headquarters facility in Farnborough, Hampshire, United Kingdom. The facility brings the GE Oil & Gas—Downhole Technology platfor
BG Group, the UK oil and gas company, saw profits fall by nearly £600m on higher North Sea taxes and unrest in North Africa. The group … By Andrew Trotman (Telegraph) [mappress] Source:Telegraph , May 10, 2011;
The growth in revenue that commenced in the second half of 2010 continued, as expected, in the first months of 2011. This was despite somewhat lower utilisation of the vessel fleet due to such factors as a higher number of planned dry dockings for regular maintenance and the unexpected cancellation
Hydroid, Inc., a subsidiary of Kongsberg Maritime, the leading manufacturer of Autonomous Underwater Vehicles, announced that its REMUS 100 AUV aided in the discovery of the World War I German submarine U-106, which had been missing since October 1917. The Royal Netherlands Navy (RNLN), which used t
Oil has been proven by Statoil and its partners Det norske oljeselskap ASA and Svenska Petroleum Exploration AS on the North Sea Krafla prospect. The well is located in block 30/11 around 26 kilometres south of the Oseberg South field. Based on preliminary calculations the size of the discovery is b
EnQuest PLC announces a farm in agreement with Fairfield Acer Limited (‘Fairfield’) for UKCS Block 9/28a – Area B, which contains the Crawford oil field and the 9/28a -18 Porter oil discovery. EnQuest already holds a 19% interest in the block, through its acquisition of Stratic Energy Corporation (‘
NOAA Corps Cmdr. Lawrence Krepp has assumed command of NOAA Ship Thomas Jefferson, one of the world’s most technologically advanced hydrographic survey vessels. At a May 6 change-of-command ceremony in Norfolk, Krepp relieved Cmdr. Shepard Smith, who will serve as senior advisor to Kathryn D. Sulliv
Det norske plans to submit a plan for development and operation (PDO) for the Jetta discovery this summer. On the exploration side, the company will participate in an additional eight wells in 2011. During the first quarter, Det norske oljeselskap ASA has given priority to the development of the Dra
Lundin Norway AS has received consent to carry out exploration drilling of well 7120/2-3 in the Barents Sea with the Transocean Leader mobile facility. The well will be drilled in production licence 438, approx. 172 kilometres northwest of Melkøya, and approx. 30 kilometres northwest of Snøhvit. The
L&N will manufacture and supply 110 subsea control products to be deployed on various North Sea subsea projects. The award reinforces L&N’s decision to focus on the subsea sector while maintaining its traditional business lines in valve supply and maintenance and welding and cladding services. L&N (
An important milestone in Apache’s UK North Sea Bacchus field development was reached recently with the installation of a 6.7km pipeline bundle. The job was overseen by Flexlife. In 2009, Apache awarded Flexlife a subsea engineering and pipeline operational support contract to oversee the management
Nexen advises that its Buzzard platform in the North Sea, is operating at reduced rates due to problems with the platform’s cooling system. A permanent solution has been identified and production is expected to be variable until the repairs are completed this summer. The Buzzard field is located in
Leading international oilfield services company Expro has once again received an award from the Royal Society for the Prevention of Accidents in recognition of its safety record. Expro has been commended in the Oil & Gas Industry Sector of the annual 2011 RoSPA safety awards; making it the seventh y
Nexus Energy Limited announces that it has executed an agreement with the Wood Group for project management services in relation to the Crux liquids project. Wood Group is a leading worldwide Engineering and Project Management services provider, having around 34,000 employees, with core strengths in
