The Dutch have long dominated the heavy lifting market, especially offshore, and the country’s domination looks set to continue. Earlier this year, Allseas announced plans to build a new vessel that will top by 50% the capacity of its already enormous Pieter Schelte…
High costs and regulatory and fiscal uncertainties could have caused a drop in exploration and deal activity on the UK Continental Shelf (UKCS), according to business advisory firm Deloitte. The firm’s Petroleum Services Group…
Nexen Petroleum's Golden Eagle development living quarters [LQ] module sailed away from its fabrication yard yesterday, 19 May (pictured). The LQ module was designed and built by Sembmarine SLP in Lowestoft at its Hamilton Dock. The 2000-tonne module…
More than 500 industry professionals came together for the sparkling 28th Offshore Achievement Awards ceremony in Aberdeen, 20 March. The Society of Petroleum Engineers (SPE) Aberdeen Section organized and hosted the awards, known as “the indus- try Oscars” and supported by Offshore Engineer…
Dubai-based rig and platform builder Lamprell has set an official Guinness World Record for the heaviest load moved by self-propelled modular trailers (SPMTs) as part of the Golden Eagle platform project (pictured). Lamprell’s contract was for a production…
More than 500 industry professionals came together at the sparkling 28th Offshore Achievement Awards ceremony in Aberdeen, last night. The Society of Petroleum Engineers (SPE) Aberdeen Section organized and hosted the awards, “the industry Oscars”…
A project milestone was achieved yesterday with the final heavy lift on Nexen Petroleum UK Ltd's Golden Eagle development platform living quarters module, currently under construction on Sembmarine SLP's Lowestoft yard, UK. The single…
Chinese oil firm CNOOC says it is planning to invest RMB 105 billion (US$17.35 billion) to 120 billion ($19.82 billion) on projects during 2014. Nexen Inc, bought by CNOOC in early 2013, will account for about 19% of the spending. Overall…
Offshore engineering, construction, and support services firm Sembmarine SLP is investing in additional facilities in Lowestoft and Aberdeen. In Lowestoft, the company's Offshore Services Group has just moved into new premises at Newcombe House…
Aberdeen-based standby vessel operator Atlantic Offshore Rescue has commissioned a US $9.88million vessel for a long-term charter with Nexen Petroleum UK Ltd. Thirty new jobs have been created as a result of the new vessel, Ocean Tay…
Rising requirements for rigs in the Middle East is increasing competition for jackup refurbishment and conversion. Elaine Maslin reports. About quarter of the world’s 480-strong jackup drilling rig fleet resides in the Persian Gulf and…
Heerema Fabrication Group’s Vlissingen fabrication yard has completed the fabrication of two jackets for the Golden Eagle Development project of Nexen Petroleum UK Ltd. With the departure of Nexen’s 6,400-ton PUQ (Production Utilities…
DSME awards CB&I UK Mariner topsides contractThe Mariner Field is located on the East Shetland Platform of the UK North Sea approximately 150km east of the Shetland Isles. CB&I announced today that it has been awarded a project valued in…
Against a background of continuing financial uncertainty the oil price remains reasonably high, as does the level of activity in the North Sea, particularly in Norway with the planned development of the substantial Johan Sverdrup find. Reserves estimated at 1…
OE's popular annual guide to oil & gas developments on the Northwest European Continental Shelf returns, fully updated.Operators in the UK sector of the North Sea were taken aback in March this year by UK Chancellor George Osborne's decision to raise the supplementary tax rate from 20% to 32%…
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