Navitus Bay Development awarded Fugro a contract to provide real-time bankable wind profile data for a 12-month period using the Seawatch Wind LiDAR Buoy. The LiDAR buoy has achieved close to 100% data availability despite experiencing…
In April, Gazprom reached a milestone for its Prirazlomnoye oil field as the Kirill Lavrov tanker delivered a new batch of ARCO Arctic oil to Europe during its sixth shipment. More than 2.9 MMbbl of oil has been extracted from the Prirazlomnoye oil field since production began…
Eni's floating cylindrical platform for the Goliat field in the Barents Sea arrives in Hammerfest today (April 17) from South Korea after a 63-day voyage covering 15,608 nautical miles, the firm has announced. The 107m-diameter, 64,000…
China's Zhuzhou China South Rail Times Electric completed a £130 million acquisition of the UK-based ROV and trenching equipment manufacturer Specialist Machine Developments (SMD), also known as Soil Machine Dynamics. Zhuzhou specializes…
Petrofac completed a project for Nexen Petroleum UK Golden Eagle Development Area, delivered through its Plant Asset Management consulting business that involved the development and implementation of a maintenance program for the Golden Eagle installation…
Houston-based TAM International opened a new office in Norway to support the company’s current business and seek further growth. Colin Graham has been appointed as Norway country manager and will be spearheading these efforts. “By…
Petroleum and energy minister Tord Lien opened the Valemon gas and condensate field in the North Sea on 16 April. Expected recoverable reserves from the field are 192 MMboe. Valemon ribbon cutting…
Norway's Kongsberg Maritime and UK technology ABT Oil and Gas (ABTOG) (50% owned by Enegi Oil) have signed a collaboration agreement to work together on a proof of concept to demonstrate the effectiveness of normally unattended operations of facilities for the development of marginal fields…
Nautronix's NASNet array in Statoil’s Aasta Hansteen field is now fully operational and awaiting first field construction, the UK-based firm said. Last year, Nautronix secured an order with Subsea 7 to supply 16 NASNet stations along…
Germany's Wintershall is stepping up its activities in the southern North Sea, the company has announced. In addition to an extensive drilling campaign in the Netherlands, the UK and Denmark, the company intends to take its natural gas and crude oil discoveries into the production phase swiftly…
Norway-based geoscience firm TGS signed a joint venture agreement with Dolphin Geophysical to acquire 4500sq km of 3D multi-client seismic survey over the western part of the Hammerfest basin in the Barents Sea. The survey will provide…
GMC Ltd. has just completed the basic design of a self-installing buoyant tower for the Prinos field development, located in the northern Aegean Sea, offshore Greece for Energean Oil and Gas. Image from GMC Ltd…
Subsea 7 awarded FES International a contract for the supply of fully automated diverless bend stiffener connectors (DBSCs). DBSCs are one of FES’s most successful product lines and this is the 10th fully automatic end fitting release system DBSC…
BP awarded Amec Foster Wheeler a US$73.9 million, five-year contract to provide operations, maintenance and project support for the Forties Pipeline System (which includes the Unity offshore platform and onshore pumping stations in Aberdeenshire…
An oil price below US$70/bbl will not be sustainable long term, according to Norwegian energy analysts Rystad Energy. Speaking at the firm’s offices in Oslo, senior analyst Audun Martinsen outlined how the firm sees current global liquids…
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