The supervisory board of South Stream Transport BV approved the signing of a construction contract for the South Stream Offshore Pipeline on 11 March 2014, a day after European Union Energy Commissioner Guenther Oettinger was quoted by German daily newspaper Die Welt…
Tidal energy developer, Oceanflow Energy, has attracted a £300,000 package of support to further develop and commercialise its second generation tidal energy device, Evopod. The company has developed and patented a technology to generate electricity from tidal streams and ocean currents…
WesternGeco and PGS have been awarded contracts for a joint industry seismic acquisition in the southeastern Barents Sea. The surveys cover blocks proposed for the 23rd concession round by the Norwegian Ministry of Petroleum and Energy (MPE) and will in total cover about 13…
An Arctic petroleum research center has been launched in Tromso, Norway, to increase knowledge about hydrocarbon exploration in the region. The Research Centre for Arctic Petroleum Exploration (ARCEx) is funded by the Norwegian…
Drilling and well services firm Archer has won a contract to provide drilling services to Talisman Sinopec Energy UK Limited. The contract will be the first to use the Archer Emerald modular rig on the UK Continental Shelf. The Archer…
A charter agreement between expanding subsea contractor DeepOcean and Maersk Supply Service has triggered an order for a Damen Offshore Carrier DOC 8500 - the second order for this new ship design from Damen Shipyards Group. The…
UK and Singapore headquartered services firm Cape has acquired UK-based Motherwell Bridge, a provider of storage tanks, gasholders and heat exchangers to the energy and steel markets for £37.65 million. Motherwell Bridge, headquartered in Lanarkshire…
Power and automation group ABB has won three orders worth US$60 million for internal and external telecommunication systems for three Statoil projects on the Norwegian Continental Shelf. The three contracts are signed with shipyards in South Korea…
Shell quits Alaska: Royal Dutch Shell will discontinue its 2014 plans for drilling offshore Alaska. Shell’s U-turn on Alaskan drilling follows a profit warning and a court judgment, raising “substantial obstacles” to the company’s plans for drilling in the Chukchi Sea…
Well completions were given a workover in the first Simplified Series talk of 2014 in Aberdeen in January. The talks are held monthly and organized by the Society of Petroleum Engineer’s Aberdeen chapter Young Professionals group. January’s talk…
Dutch spoolable thermoplastic composite pipe systems firm Airborne Oil & Gas and Dallas-based Celanese Corporation, a global technology and specialty materials company, have signed a strategic supply agreement for the development and supply of composite materials for deepwater pipe systems…
Statoil Petroleum, operator of production license 248 C, is in the process of concluding the drilling of wildcat well 35/11-16 S on the Juv prospect. The well was drilled about 5.5km north of the Fram field in the northern North Sea, and about 130km northwest of Bergen…
ConocoPhillips Norge is due to start a multi-year drilling campaign on the Greater Ekofisk area, offshore Norway, this Spring, as it seeks to continue production from the Ekofisk and Eldfisk fields for decades. The campaign follows start up on the Ekofisk South development…
Experts from the global oil and gas industry have heard that a catastrophic disaster can – and will – happen again if the lessons of Macondo and other similar incidents are not learned and shared routinely. The stark warning was issued…
Xodus Group, Cathie Associates, and UTEC Geomarine have formed a consortium which will aim to reduce the costs of generating electricity from offshore wind farms in UK waters. The Carbon Trust’s Offshore Wind Accelerator (OWA), which brings together nine offshore wind developers (DONG Energy…