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…
Operator Statoil is to use Technip for intervention services on its Åsgard subsea compression project in the Norwegian Sea. The Åsgard field lies on the Halten Bank in the Norwegian Sea, about 200km off Norway. TheÅsgard subsea compression…
Able UK has been awarded a contract for the disposal of four offshore structures from the Shell operated Brent field in the North Sea. The contract will see three platform topsides, as well as a 138m-high steel platform jacket, transported from the Brent field…
Norway-based offshore marine and engineering consultancy Aqualis Offshore has opened a new office in Bahrain. Aqualis already has offices in Dubai, UAE (regional headquarters), and Dammam, Saudi Arabia, in the Middle East. “The primary…
Bibby Offshore picked up the company of the year award in Subsea UK's ninth annual business awards, held in Aberdeen. The event, attended by more than 800 people form the subsea sector, was held on the evening of the first day of the Subsea Expo conference and exhibition…
The number of fields which began producing oil and gas in the UK hit its highest level for five years in 2013, as a number of operators focused on development activity. This is according to the latest report into offshore activity from Deloitte…
On 30 Jan 2014, House Government Bill C-22 was introduced in the second session of Canada's 41st Parliament, amending the Canada Oil and Gas Operations Act for, among other matters, new requirements for regulatory preauthorization of…
As the regulator for the Newfoundland and Labrador offshore oil and gas industry, it should come as no surprise that everything we do at the Canada-Newfoundland and Labrador Offshore Petroleum Board (C-NLOPB) is seen through the lens of the 1982 Ocean Ranger disaster…
During Q4 2013, Iona produced on average 3280 boe/d as Huntington ramp-up continued to increase following the previously announced curtailment of production by the operator of the Central Area Transmission System from mid-September to late November 2013…
UK-based maritime services company James Fisher and Sons has acquired Subsea Vision for £2.5 million. Subsea Vision owns and operates remotely operated vehicles (ROV) providing underwater surveys, inspections, and construction support to the oil and gas industry…
Despite record levels of UKCS investment during 2013, the year proved to be disappointing both in terms of exploration and appraisal drilling activity and to a lesser extent the acquisition and divestments market. UKCS Drilling Levels 32…
The UK Government has opened the country's 28th offshore oil and gas exploration licensing round, amid concerns about a slow-down in the basin. Wood Mackenzie’s annual review of UK upstream oil and gas said capital investment continued to increase…
BG Group has cut its 2014-15 production forecasts and issued a series of force majeure notices under its LNG agreements in Egypt. The notices are due to the diversion of gas volumes to domestic markets in excess of existing pooling arrangements…
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…
Norway’s government has offered a record 48 companies stakes in 65 new production licenses in its 2013 Awards in Predefined Areas (APA 2013) licensing round. The move sets a record, both in the number of production licenses offered and the number of companies involved…
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