Fossil Energy
TDW, Centrica Sign Pipeline Isolation Services Contract
TDW Offshore Services (TDW) announced that it has signed a frame agreement with Centrica Storage Limited (CSL) to provide pipeline isolation services with its SmartPlug® tool. The tool makes it possible to safely isolate pressure in an active pipeline, and maintain production while necessary mainten
Europe’s 17 Bln Boe of Yet-to-Find Oil and Gas Volumes Attract Companies
At Offshore Europe in Aberdeen, Wood Mackenzie presented its view of the role of independent oil and gas companies globally. This peer group has been at the forefront of conventional exploration, playing a key role in opening up giant new plays. With the Independents now taking an increasingly large
Offshore Investment to Grow by 73 Pct (UK)
Scotland’s oil and gas sector has enormous potential for the future creating significant opportunities for the sector, Energy Minister Fergus Ewing said today. The global spends & trends reports on a number of key markets, show that total offshore capital investment is expected to grow by 73 per cen
GE Exhibits Latest Innovations at SPE Offshore Europe 2013
With the offshore oil and gas industry seeking more advanced technologies and skilled workers, GE Oil & Gas and GE’s Power Conversion business are joining forces to showcase their latest product and service innovations as well as numerous career opportunities with GE this week at the SPE Offshore Eu
Dana Petroleum Develops Blueprint for New Breed of O&G Company, UK
Dana Petroleum is developing a blueprint for a new breed of ‘independent’ national oil and gas company. That was the message from Dana’s Group Chief Executive Dr Marcus Richards speaking at the Offshore Europe Conference in Aberdeen today. Dr Richards told delegates that the shape of the oil and gas
Nordic Energy Acquires Largest E&P Licence in Danish North Sea
Nordic Energy plc, a company focussed on making investments in the North Sea oil and gas sector, announces the formal transfer to the Company of licence 01/13 (`the Licence’), the largest exploration and production licence in the Danish North Sea, covering an area of 3,600 sq km in a proven hydrocar
Bibby Offshore Secures Contract Extension with Talisman (UK)
Aberdeen-based subsea installation contractor Bibby Offshore has secured a contract extension worth in excess of £100million, with Talisman Sinopec Energy UK. A further three years with a one year extension option has been signed, making this the longest fixed term contract to be secured by Bibby Of
Emerson to Automate New Offshore Platform in UK Solan Field
Premier Oil has awarded Emerson Process Management, a global business of Emerson, a $17 million contract to automate a new offshore production platform in the Solan oil field on the U.K. Continental Shelf. Emerson’s technologies and services will enable Premier to safely and efficiently manage the p
GE Adds New Subsea Manifold Option for Offshore Customers
Facing a surging global demand for critical subsea oil and gas production equipment, GE Oil & Gas has launched a new strategy to dramatically reduce the time it takes to design and deliver subsea manifold systems to key offshore customers by adding a standardized manifold design option. The new mani
CGG to Offer Central North Sea PSDM Data
CGG announced today that it has started the re-imaging of its entire Cornerstone multi-client dataset to create a 35,000-km2 contiguous broadband PSDM volume, covering the Central North Sea. The existing conventional north-south long-offset data will be reprocessed with a deghosting technique to pro
Ocean Rig UDW Announces Major Developments
DryShips Inc., a global provider of marine transportation services for drybulk and petroleum cargoes and through its majority owned subsidiary, Ocean Rig UDW Inc., of offshore deepwater drilling services, today announced that Ocean Rig: $1.35 billion Bank Facility Ocean Rig announced that it has sig
Ensco Takes Delivery of New Jack-Up Rig
Ensco plc has taken delivery of ENSCO 120, the first in its series of three ultra-premium harsh environment jack-up rigs. The rig is contracted to work for Nexen in the North Sea beginning in the fourth quarter at a day rate of approximately $230,000 plus cost adjustments. Chairman, President and Ch
Statoil Awards Removal Contract to Subsea 7, Norway
Subsea 7 S.A. today announced the award of a contract valued at approximately $140 million from Statoil for the removal and replacement of risers, flowlines and associated subsea structures on the Norwegian Continental Shelf. Project management and engineering work will commence immediately from Sub
Statoil on Track with Mariner Field Development Project, UK
Statoil has started the build-up of its Aberdeen operating organisation and reported today at SPE Offshore Europe 2013 that the company and its partners are on track with the Mariner field development project. The Mariner heavy oil field was discovered in 1981. Statoil entered the license as operato