Equipment
KKR acquires OEG Offshore
OEG Offshore Group, a provider of specialist equipment to the offshore oil and gas industry, has announced the acquisition of a majority interest in the company by KKR, with the executive management retaining a significant holding in the company. OEG is headquartered in Aberdeen, UK with regional hu
South Stream Offshore Construction to Start Soon
The Supervisory Board of Directors of South Stream Transport B.V. has met in Amsterdam to discuss progress of the South Stream Offshore Pipeline. The Supervisory Board was updated on preparations for construction of the first two underwater pipelines. Activities to construct the first two lines thro
Cairn Breaks Off with Blackford Dolphin, 3D Survey to Go Ahead
Providence Resources has provided an operational update on activities in FEL 2/04, FEL 4/08 and FEL 1/14, which are all located within Quadrant 35 in the northern Porcupine Basin. Capricorn Ireland Limited (38%, Operator (wholly owned subsidiary of Cairn Energy PLC)) operates these licences on behal
South Stream: Preparations for construction of Black Sea line ongoing
The Supervisory Board of Directors of South Stream Transport B.V. met yesterday in Amsterdam to discuss progress of the South Stream Offshore Pipeline. The Supervisory Board was updated on preparations for construction of the first two underwater pipelines. Activities to construct the first two line
New Flood Proof Holland Test Facility Opened
The concept of a test facility for innovative temporary flood defence barriers has proven so successful that within its first year the location of Flood Proof Holland in Delft, the Netherlands had to be expanded. The test facility was officially reopened on 3 July and now accommodates six stand-alon
Borets Expands U.S. Team
Borets, a global leader in the engineering, manufacturing, sales and service of electric submersible pump (ESP) systems, has added several sales and marketing professionals to its Texas and Oklahoma offices. Cheri Vetter has been named business development manager in Houston; Stan Herl, U.S. sales m
EMGS Extends Charter for Boa Galatea
Electromagnetic Geoservices ASA (EMGS) has declared the second of the originally 3 x 12 months options for research and survey vessel Boa Galatea, as per Charter Party dated 12.03.2007. The Vessel is therefore on firm contract up to 17th of July 2016, with another 1 x 12 months option remaining. The
Statoil to Extend Statfjord Subsea Installations
Statoil has received consent for extended use of Statfjord C, Statfjord Nord, Statfjord Øst and Sygna beyond their original design lives. Statfjord is an oil field located in the Tampen area which began production in 1979. Statfjord has been developed using three platforms with concrete substructure
New Assessment Framework for Investment in Dike Upgrades
Few days ago, on July 4th, a meeting was organised at the Delft University of Technology to mark the completion of the doctoral research conducted by Timo Schweckendiek (Deltares/Delft University of Technology), who studied ways of reducing uncertainties associated with piping. This is a process in
Claxton performs first rigless removal of stuck BHA
Claxton Engineering Services Ltd, an Acteon company, has completed the first rigless removal of a stuck bottom hole assembly (BHA). The work was completed during a slot recovery operation using an innovative approach at Maersk’s Tyra East field in the Danish sector of the North Sea. The well was dri
MTN in charge of Technip vessels’ broadband comms
MTN Communications (MTN) has announced that Technip, a world leader in project management, engineering and construction for the energy industry, has awarded a new contract that will service a substantial portion of its global fleet with critical, high-availability broadband communications. MTN has d
Claxton Completes Rigless Removal of Stuck BHA
Claxton Engineering Services Ltd, an Acteon company, has completed the rigless removal of a stuck bottom hole assembly (BHA). The work was completed during a slot recovery operation using an innovative approach at Maersk’s Tyra East field in the Danish sector of the North Sea. The well was drilled i
MTN to Manage Technip’s Global Comms
MTN Communications (MTN) has won a new contract from Technip that will service a substantial portion of its global fleet with critical, high-availability broadband communications. MTN has delivered communications to Technip for the past ten years and this enhanced contract more than doubles the numb
RMEC plans to expand facilities as part of five-year growth strategy
Oilfield services company RMEC Ltd is expanding its industrial facilities in Scotland in support of ongoing growth in the energy sector as it looks to increase turnover to £16 million by 2019.