SMD has is to supply Aberdeen-based Bibby Remote intervention Limited (BRIL), part of Bibby Offshore, a further two Quasar MkII 150hp 3000m-rated work-class remotely operated vehicles (ROVs), complete with launch and recovery systems (LARs)…
Targeted maintenace could boost UK North Sewa production by 10%, equating to US$18 billion in annual revenue, suggests Alan D'Ambrogio, ABB Consulrung's vice president, oil and gas. Meg Chesshyre reports. In 2013, the industry invested £13…
A striking comment was made by the head of CNR International at a breakfast briefing in Aberdeen this week. James Edens, VP and Managing Director at CNR International (UK), said UK North Sea production in 2013 was 1.43MM boe/d—the lowest it had been since 1977…
Some 5Tcf of natural gas reserves are sitting undeveloped in the Southern North Sea, an event on the basin heard today (5 March). John Westwood, of industry analysts Douglas Westwood, was speaking at the Southern North Sea 2014 conference in Norwich…
Oil & Gas UK has underlined calls for a need to change how the UK North Sea oil and gas industry is managed by warning that exploration in the basin is facing its biggest challenge in 50 years and that capital spending is expected to halve by 2016-17…
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…
During his keynote address at IHS CERAweek, Chevron Chairman and CEO, John Watson (pictured), addressed the challenges and changes in the industry, noting the effects of rising costs on the industry’s success. With labor and cost doubling over the past decade…
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…
Intertek Group has acquired International Inspection Services Ltd (INSPEC), a UAE-based provider of non-destructive testing (NDT) and associated services to the oil and gas industry. Intertek bought INSPEC from Lamprell Energy, a subsidiary of rig builder Lamprell…
This event aired on Thursday, April 10, 2014 at 10:00 a.m. CSTCLICK TO ACCESSIncreased demands for operational efficiency, reporting, and safety are driving the automation revolution in the exploration and production segment of today’s Oil & Gas industry…
ABB has signed its most extensive contract in the UK North Sea to support Nexen’s Integrated Control and Safety System (ICSS) on-board its Buzzard platform - the largest oil producing asset in the UK Continental Shelf. ABB UK has signed…
Subsea 7 has been awarded a US$75 million three-year subsea construction services contract by ExxonMobil Canada Properties. The contract supports the Hebron heavy oil field development, in the Jeanne d'Arc Basin, 350km southeast of St John's…
Endeavour International Corp announced that the valve in the Rochelle field that had been stuck in the 'shut' position is now open, and production is expected to re-start in the next few days. Following the tie-in of the East Rochelle E2 well…
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…
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