In his opening address, Subsea UK CEO Neil Gordon said that the global subsea market was set to double from £20 to 40 billion over the next fi ve years. The big challenge for Subsea UK and for the subsea UK industry was how to retain one-third of that market and grow its global share…
Heerema Fabrication Group’s Zwijndrecht yard in the Netherlands officially started the construction of the integrated production Montrose BLP (bridge linked platform) topsides for client Talisman Sinopec Energy UK Ltd., the company announced on 21 March 2013…
Aberdeen-based Dana Petroleum is partnering with RWE to start drilling operations on a prospect in the Southern North Sea. The companies are targeting the Severn prospect in blocks 43/17a, 43/18a which comprises Carboniferous sandstones…
DeepOcean UK, a subsidiary of DeepOcean Group Holding BV, today announced that the company has entered into a long term charter of the Havila Phoenix.The vessel, equipped with 250 ton crane, will be lengthened by 15 metres prior to delivery in Q1 2014 to 125m length by 23m beam…
A survey of more than 900 Oil and Gas companies has revealed that they are concerned that the average wage in the industry will rise 15% this year from £64,000 to £73,600.The survey by OilandGasPeople found that 70% of oil and gas companies were worried that wages were rising too fast…
The Underwater Centre gains funding for 15 more trainees The Underwater Centre awarded further £130,000 to train a further 15 divers The Underwater Centre in Fort William has been awarded a further £130,000 as part of a major initiative…
The subsea services division of global offshore contractor EMAS has won two major contracts offshore Norway.EMAS AMC has been awarded an engineering, procurement, construction and installation (EPCI) contract, valued at approximately US$165 million…
North Sea offshore investment is reaching all time highs but there is limited capacity to invest to meet demand, according to a speaker at today's annual NOF Energy conference.Specialist Isabel Boira-Segarra of consultancy EC Harris, was speaking at the Energy: A Balanced Future event in Newcastle…
Technip announces the acquisition of Ingenium AS, a highly-experienced offshore engineering and services contractor located in Oslo, Norway. Ingenium AS designs and develops mechanical and electro-hydraulic tools and equipment, for the offshore oil and gas industry…
Aker Solutions, the international oil services provider, has secured a NOK 650 million (GBP 70 million) contract with BP to help redevelop one of the largest oil fields in the UK sector.The Aberdeen operation of Aker Solutions will manufacture…
ULSTEIN received DNB’s Innovation Award 2012 of NOK 1 million in the National Final in Trondheim on 12 March 2013.ULSTEIN BRIDGE VISION™ is a concept for a modern ship bridge where safety in complex operations has been given major focus. A total of close to 700 ideas were received for the contest…
The confidence of Britain’s oil and gas industry is steadily increasing according to Oil & Gas UK’s business confidence index published today.Oonagh Werngren of Oil & Gas UKAn analysis of data gathered in February reveals that the sector has…
Total announces the restart of production on the Elgin/Franklin area on 9 March 2013, following the approval of the safety case by the UK Health and Safety Executive (HSE).Production resumes gradually and should soon reach close to 70,000 barrels of oil equivalent per day (boed…
Ocean Installer won a contract for umbilical installation at the Bittern field in the North Sea by Shell UK Ltd, the company announced on 7 March 2013.Normand ClipperThe scope of the work is to install two new static umbilicals of 20.7 km and 1…
Marine service group James Fisher and Sons is to buy diving equipment firm Divex for up to £33million.The deal will see UK-based James Fisher and Sons pay an initial consideration of £20m in cash plus a further maximum additional consideration of £13m linked to future profitability targets…
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