Lloyd’s Register Consulting secured a framework agreement in risk assessment and safety studies for Statoil's Johan Sverdrup project on the Norwegian Continental Shelf. Under the agreement, Lloyds Register Consulting will provide risk…
FMC Technologies and Technip new joint venture Forsys Subsea is now operational after receiving all regulatory approvals. Forsys Subsea is a joint venture formed as part of a broader alliance between FMC Technologies and Technip, which…
On 1 June 2015, Omega Subsea UK opened an office and established a subsidiary in Aberdeen, Scotland. Its parent company, Omega AS, provides project personnel and project systems, primarily to the oil and gas and energy sectors. The Norway…
Houston headquartered Apache Corporation has shaken up its leadership team and regional operating structure to 'streamline' the business, including creating an 'offshore' division. The move includes creating 'more integrated, super-region structures…
With new rules and regulations affecting the platform supply vessel (PSV) market, Wärtsilä is launching a new PSV ship design at this year's Nor-Shipping exhibition being held in Oslo from 2-5 June. The new design puts emphasis on cost efficiency…
International marine and offshore engineering consultancy Aqualis Offshore established an office in Aberdeen, Scotland. “We know that job cuts currently is a common theme in the oil industry, but we are taking a long-term approach…
Houston-headquartered Endeavour International has put itself up for sale. The business, focused on the UK North Sea, says it is looking to sell all or substantially all of its North Sea oil and gas assets, with Blackstone Advisory Partners acting as financial advisor…
Rocksource CEO Terje Arnesen is stepping down from the company today after a mutual agreement with the firm's board. The Norwegian company has also agreed with Hans Petter Klohs that the services provided under a consultancy agreement for the CFO position will end as of 31 August…
Norway's TGS-NOPEC has agreed to take up a contract option with Polarcus, extending its lease of the Polarcus Adira for an additional two months, folloing on from its existing three-month contract. The vessel has already started the contract…
Tidal and wave energy projects are getting grid-wet this year, yet there’s still more to learn. Emma Gordon reports from All Energy. An OpenHydro device. Image from OpenHydro. The…
Towards 2025, deepwater exploration and production will save the offshore industry, Norwegian energy analysts Rystad said in a recent presentation. According to Douglas Westwood’s World Deepwater Market Forecast, 2014-2018, deepwater spending is due to rise by 130%…
Jeannie Stell provides an update on BP’s partnership with Wood Group Kenny to design and manufacture an FPSO riser suitable for the “dark and stormy” weather at BP’s Quad 204 redevelopment. BP…
About US$336 billion (€300 billion) could be spent in offshore wind capex over the next 10 years, with cumulative capacity surpassing 57GW. Douglas Westwood’s Rachel Stonehouse explains. Cumulative offshore wind capacity is forecast to reach 57GW by 2024…
A milestone is about to be reached in the tidal energy industry off the cold harsh coast of Scotland. Elaine Maslin talked to the project director behind the MeyGen tidal array development. Atlantis Resources’ AR1500…
Inspiring the next generation sets the theme for this year’s SPE Offshore Europe 2015. OE takes a look at what’s in store at this year’s event. Offshore Europe 2014. In under three months’ time…