Fallon to replace outgoing minister John Hayes Michael Fallon MP (Image: DECC)The UK Department of Energy and Climate Change appointed Michael Fallon its new energy minister replacing outgoing minister John Hayes, who will now serve as Minister of State without portfolio in the Cabinet office…
Premier Oil plc awarded Bond Offshore Helicopters Ltd a new contract to provide crew change flights.S-92 model (Image: Sikorsky)The contract is for three years with options to extend. Services began on March 4 with Bond's new Sikorsky S-92 aircraft…
Statoil contracted Heerema Fabrication Group’s Vlissingen yard for the engineering, procurement, and construction of a fixed jacket and pre-drilling module for the Dagny field development in the central North Sea. The 16,000-ton jacket will be the largest launch jacket built at the yard.
BP and its co-venturers Shell, ConocoPhillips and Chevron announced their decision to proceed with a two-year appraisal program to look at the possibility of developing a third phase of the giant Clair field, west of the Shetland Islands…
Production has begun at BP’s Valhall redevelopment project in the Norwegian North Sea. The project aims to increase Valhall’s life span by an additional 40 years. Current capacity is set at 120,000b/d of oil and 143mmcf/d of gas. BP expects production to increase to 65,000boe/d by 2H 2013.
Venture capital firm Energy Ventures’ has announced a multi-million pound investment in Abrado Wellbore Services and its intention of seeking investing $100m in North Sea businesses seeking growth capital or buyouts over the next 12 months…
Research identifying strengths and weaknesses in the oil & gas decommissioning sector will be outlined to delegates attending a new one-day event for the sector taking place in Aberdeen today.Decom Offshore 2013 is being held by offshore oil…
Magma Global has strengthened its riser development team by appointing Simon Luffrum as Project Manager. Simon joins Magma from SRP (Subsea Riser Products) where he was Managing Director. Simon will initially head up Magma’s Taper…
Modus Seabed Intervention continues to demonstrate its commitment to be at the forefront of subsea technologies with the creation of a new Autonomous Underwater Vehicle (AUV) division.The North East England-based company has begun an investment programme into a planned fleet of AUV units…
Det Norske Oljeselskap ASA has as operator been authorized to develop the Ivar Aasen-field in the North Sea.The plan for development and operation of Ivar Aasen and Gina Krog were approved on Friday. Det Norske has a 3.3% share in Gina Krog…
Wintershall, the largest internationally active German crude oil and natural gas producer, announces the successful drilling of the own-operated Hibonite exploration well (5504/1-3).The Hibonite structure is located in the 5/06 license in the Danish sector of the North Sea…
Ocean Installer has been awarded a major Engineering, Procurement, Construction, Installation (EPCI) contract for subsea installations and tie-in operations at the Statoil operated fields Gina Krog (former Dagny) and Eirin.The total contract value is approximately USD 85 million (NOK 500 million)…
Maritime Developments (MDL), a leading provider of back-deck equipment for the subsea sector of oil and gas industry sector, has secured its largest contract to date.MDL, based in Peterhead and Aberdeen, will provide a 400-tonne reel drive system…
UK-listed exploration and production firm Premier Oil is in the process of picking two separate FPSOs for projects in the North Sea.The firm said it was out to tender on its North Sea Catcher project for an FPSO. Concept select was agreed in…
The offshore industry’s highest achievers were recognised at last night’s 2013 Offshore Achievement Awards, with Malcolm Webb, chief executive of Oil & Gas UK, picking up the Significant Achievement accolade.The 27th awards ceremony, which saw a record attendance of 530 guests…