Wood Group PSN (WGPSN) has been awarded its first major contract in the UK in 2014. The five year contract from Talisman Sinopec Energy UK is valued at US$500 million and includes an option for two additional, two year extensions. Under the scope…
Lloyds Register Group subsidiary Senergy has joined oil and gas engineering services firm Plexus Holdings' on-going joint industry project (JIP) to develop and commercialize a new and safer subsea wellhead, using Plexus' patented POS-GRIP technology…
ALS Oil & Gas, the new international oilfield services company, formed through the acquisition of Reservoir Group by ALS Ltd. in 2013, has acquired the North American completions services provider, BMP Enterprises LLC (BMP). The acquisition…
How to increase exploration drilling rates on the UK Continental Shelf forms the largest section in today’s Wood Review report (see http://www.oedigital.com/component/k2/item/5082-all-eyes-on-north-sea-oil for more). Better seismic, data sharing…
The UK’s North Sea oil and gas industry was put under a national spotlight today, both by the industry and the nation’s politicians. The industry and government welcomed the outcome of industry veteran Sir Ian Wood’s UKCS Maximizing Recovery Review final report…
Organizers of the Offshore Achievement Awards (OAA) are expecting another record-breaking year for attendance at next month’s ceremony, following the introduction of two new categories and an increased number of entries. The awards, organized…
Industry body Oil & Gas UK has welcomed a review of offshore transportation in North Sea, including measures to increase safety. The review, carried out by the UK’s Civil Aviation Authority (CAA), was commissioned in the wake of a string…
Det Norske Oljeselskap's well 7222/11-2 on the Langlitinden prospect in production license 659 in the Barents Sea is being completed. Partner Lundin Petroleum said logs and samples have been acquired. Oil with very low mobility was sampled in Middle Triassic sandstones…
Statoil Petroleum AS, operator of production license 628, is in the process of concluding the drilling of wildcat well 25/9-4. The Norwegian Petroleum Directorate said the well was dry. The well was drilled about 25km from the Jotun field in the central part of the North Sea…
The TOTAL E&P Norge operated exploration well 25/5-9 on the Trell prospect in production license 102 F/G in the Norwegian North Sea has discovered oil in the Paleocene Heimdal Formation. The well intersected 19m of net pay in excellent quality Heimdal reservoir…
IHC Merwede launched the new pipelaying vessel Sapura Topázipo (pictured) at its shipyard in Krimpen aan den IJssel, the Netherlands. The naming of the fully integrated IHC Merwede vessel was carried out by Puan Sri Datin Seri Yazreen Yahya…
Turbine supplier and tidal energy project developer Atlantis Resources has started trading on the Alternative Investment Market (AIM), operated by the London Stock Exchange. The placing gave the firm a £72.1 million market capitalization…
Statoil has made a small gas discovery in the Kramsnø prospect in production license 532, near to the Johan Castberg oil field, in the Barents Sea. The discovery is the fourth well in a five-well drilling campaign targeting oil in PL532…
Portsmouth, UK, based Autonomous Surface Vehicles (ASV) has launched an oilfield services unmanned surface vehicle, the C-Worker (pictured). The 20ft-long multi-use offshore unmanned surface vehicle was developed to conduct subsea positioning…
Oilfield service provider Petrofac has secured contract extensions in the North Sea worth £65 million. Total E&P UK (Total) has awarded a two-year contract extension following a five-year contract for technical services on the Alwyn and Dunbar platforms…