North Energy has entered into an agreement with Det norske oljeselskap, whereby Det norske will acquire North Energy's 10% interest in production license 722. The license was awarded in the 22nd licensing round, and is subject to a drill or drop decision in 2Q 2016…
On 21 August the Polarled gas pipeline crossed 66° and 33 minutes north of the equator becoming the first pipeline to take the Norwegian gas infrastructure across the Arctic Circle. This will open a new gas highway from the Norwegian Sea to Europe…
Image: wind turbines at sea/iStock DONG Energy acquired the Hornsea zone and the project rights to Hornsea Project Two and Three, which have the potential of 3 gigawatts (GW) offshore wind capacity…
Oceaneering International appointed Clyde Hewlett the company's new chief operating officer. In this capacity he will have expanded responsibility for managing all of Oceaneering’s oilfield business…
Image: Ecopetrol The board of directors of Ecopetrol, in its meeting held on 14 August, 2015, authorized the creation of a Colombian company indirectly wholly-owned by Ecopetrol…
Image: North Sea license PL410/Hibiscus Petroleum Hibiscus Petroleum Berhad has announced that its jointly-controlled entity, Lime Petroleum Norway has executed an agreement…
Image: LQT Industries, LLC LQT Industries, LLC has been awarded two projects to upgrade and refurbish single lift accommodations that house a total of 320 personnel on a drillship and a semisubmersible located in the Gulf of Mexico…
Norwegian offshore player Egersund Group recently set a new oil spill recovery record when its newly developed Marine Oil Spill (MOS) Sweeper system managed to recover 96.4% of oil released in a North Sea exercise. Image…
Image: TAM International TAM International has restructured its regional businesses into two individual hemisphere-based groups in order to achieve higher performance rates and streamline its business objectives…
Image: Phyllis Mitchell/Borets Borets, provider of the engineering, manufacturing, sales and service of electric submersible pump (ESP) systems, announced that Phyllis Mitchell has been named vice president of human resources and Kent C…
Oil and gas operators will have to approach the challenge of decommissioning in new ways if the goal of maximizing economic recovery from the UK Continental Shelf (UKCS) is to be achieved, according to a report from professional services firm KPMG…
During Offshore Europe, a panel of leading international industry experts will discuss the preconceived perceptions that students and graduates have of a career in oil and gas, and how they differ from the experiences of those operating in the sector…
Image: IWCF employees review FORUM/IWCF The International Well Control Forum (IWCF), the independent organization that sets international well control standards, has launched a new online administration system called “FORUM…
The Center for Biological Diversity formally and legally petitioned the US federal government to inspect all of California’s offshore pipelines for corrosion and other damages. Image from APPEA…
Rex International Holding Ltd. has announced that its jointly-controlled entity, Lime Petroleum Norway, signed an agreement with EnQuest Norge to acquire their 50% stake in licenses PL760 and PL760B in the Norwegian Sea. Following the transaction…