Subsea engineering firm Jee opened its first London office in January. The new location is part of the company’s strategy to create 150 jobs in the UK over the next four years. “The new location will allow us to better serve existing clients…
Aker Solutions acquired Aberdeen-based well control equipment firm Enovate Systems for an undisclosed amount. Aker plans to develop Enovate as an independent supplier of components and products that can be used for open water workover, riser workover…
In January, Spain’s Repsol announced a partnership with Netherlands-based Tocardo International, a tidal and freeflow water turbine producer, to develop offshore tidal energy. With backing from Repsol’s New Energy Ventures business, Tocardo aims to enhance its offshore engineering capabilities…
Aberdeen-based subsea marine equipment rental firm Seatronics, an Acteon company, completed the startup phase of its new facility in Macaé, Rio de Janeiro. The center will serve as an office, workshop and warehouse facility for sales, rental…
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.
Shell has awarded Subsea 7 a US $135 million contract for work on its Fram oil and gas development located 220km east of Aberdeen, Scotland. Subsea 7 will handle the engineering, procurement, fabrication, and installation of a4.5 km in-field pipeline bundle measuring 44in in diameter…
EPC Offshore has just completed a reference case for a phased development approach for Hurricane Oil’s Lancaster field, in UK block 205/21a, West of Shetland, to demonstrate that it is commercially viable,and the project is about to enter the next stage of its development…
Last year, Turkey approved construction of the South Stream pipeline through its territory, which will bring Russian gas across the southern Black Sea and into Europe. Construction should be completed in 2015, with the offshore component costing US$13 billion…
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…
Rotterdam-based transporter Fairmount Marine delivered Noble’s Tamar jacket to the eastern Mediterranean last month. The 18,500ton jacket was built in Corpus Christi, Texas, and traveled 9000 miles from the US on Heerema Marine Contractor’s H851 barge towed by Fairmount Marine’s tugs…
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.
A consortium made up of Eni and Kogas has won three deepwater blocks during the Republic of Cyprus’s second offshore licensing round. The consortium walked away with blocks 2, 3, and 9 in the Cypriot deepwater portion of the Levantine Basin…
Wintershall Norge hit gas and condensate at its Norwegian Sea wildcat 6407/16 S. The well discovered waterbearing reservoirs with gross vertical thickness of 118 and 123m, respectively, in the Garn and Ile formations. Gas and condensate were…
A full tensor gradiometry and magnetic airborne survey revealed a new oil prospect off the coast of Northern Ireland for Providence Resources. The Polaris prospect, located in the Rathlin Sound, lays structurally ontrend with the onshore 2008 Ballinlea1 well…
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…