Oil & Gas UK has released issue 2 of its guidelines on Blowout Preventer (BOP) operations for offshore wells to improve cross industry understanding of well-related issues on the UK Continental Shelf (UKCS). In addition to providing operators…
Western Europe will continue to rely on imported Russian gas into the 2020s, as mature offshore provinces struggle for growth, while large-scale shale gas extraction looks increasingly unlikely in the medium term. Following Moscow’s intervention…
More than 170 applications have been received for the latest offshore licensing round in the UK, the Department of Energy and Climate Change (DECC) says. The 28th Offshore Oil and Gas Licensing Round closed for applications on Friday 25 April…
UK heavy oil explorer Xcite Energy has entered into a collaboration agreement with Statoil and Shell over the Bentley and Bressay fields in the North Sea. The move could see the two heavy oil fields developed using the same infrastructure…
Transocean is to create a new business unit called Caledonia Offshore Drilling Company to run its eight-strong North Sea midwater drilling rig fleet. The company expects to establish the new business unit during 2H 2014 and, at an appropriate stage…
Wood Group subsidiary Wood Group PSN has put its money where its mouth is and announced plans to address cost escalation in the North Sea by reducing rates paid to its UK-based onshore contract workers. The firm said the move was in response…
OVERDICK announced that the BorWin beta topsides has been successfully installed in the German sector of the North Sea, about 53nm NNW of the island of Borkum. The step marks the completion of the most critical phase in the offshore campaign…
Poor weather and high costs have impacted Q1 exploration and appraisal drilling activity on the UK Continental Shelf, according to a report by Deloitte. The report, which details activity across North West Europe during Q1, was compiled by Deloitte’s Petroleum Services Group (PSG)…
BW Offshore has signed the contract with Premier Oil for the provision of a floating production, storage and offloading vessel to operate on the Catcher oil field in the UK North Sea. The firm charter period of the contract is seven years…
Industry excellence in health and safety was recognized at the UK Oil and Gas Industry Safety Awards yesterday. Held at Aberdeen Exhibition and Conference Centre, the event recognizes and honors the companies and people who embody the spirit of safety and innovation across the sector…
A large-bore center tube umbilical cross section. Photo by: DUCO. The growing deepwater market is driving pipeline and umbilical manufacturing expansion on Newcastle's Walker Riverside in the UK…
Tullow Oil has announced it plans a 4000km sq 3D seismic acquisition program next year in block 54 offshore Suriname. In January, the company agreed to a production-sharing contract that gave it a 50% operated stake, in partnership with state-owned Staatsolie…
Aberdeen-based explorer Faroe Petroleum it to take on its first operated production in the North Sea through a £35million to take over operated stakes in two southern North Sea gas fields from Tullow Oil. Faroe will take a 60% operated stake in the Ketch field and a 53…
Aker Solutions is to split into two separate companies to speed up a bid to reduce costs via streamlining and 'better position' the business in an increasingly competitive global energy industry. The subsea, umbilicals, engineering and maintenance…
Keppel FELS Limited (Keppel FELS), a wholly owned subsidiary of Keppel Offshore & Marine (Keppel O&M) has signed an engineering services agreement with Workfox, a subsidiary of Seafox Group, to do an engineering study for a purpose-built…