OneSubsea has been awarded a £65 million contract to manufacture subsea trees for BP’s west of Shetland Quad 204 project. The Quad 204 project is a re-development of the Schiehallion and Loyal fields, involving a new floating production…
The National Hyperbaric Centre in Aberdeen, Scotland has recently invested in an ‘Environmental Testing Facility’ (ETF). The new, large environmental test laboratory has been installed to simulate conditions down to -25° C for testing offshore equipment…
Acteon announced that it has completed the acquisition of Probe Oil Tools Ltd., which is based in Great Yarmouth, UK. Established in 1973 and still being run by its managing director, Keith Ford, Probe Oil Tools is a specialist provider of high-specification pressure-control equipment…
Petrotechnics has been awarded a €2 million contract by Teekay Petrojarl to deploy its Proscient across its global fleet. Petrotechnics will provide work management tools to support Teekay Petrojarl’s goal of creating a standardized approach to work management across their global operations…
Van Oord has ordered a new cable-laying vessel. The ship will be built at Damen Shipyards’ wharf in Romania and will be completed at the end of 2014. The ship is intended for the installation of electricity cables for offshore wind parks…
Technip has signed an agreement with China Huanqiu Contracting & Engineering Corporation (HQC) to set up two joint-venture companies. To be based in Rome and Beijing, they will be responsible for procurement activities, on the European and Chinese markets…
Wood Group has won new contracts in India worth more than US$10 million. Wood Group GTS has secured two contracts to supply its EcoValue gas turbine compressor water-wash systems. The first order is to supply the EcoValue technology,…
Lundin Petroleum has made an oil discovery on the Ghohta prospect in exploration licence PL492 in the Barents Sea. The well, 7120/1-3, 35km north west of the Snøhvit field, found a 75m oil column beneath a 25m gas/condensate cap in dolomitized and karstified carbonate in a Permian target…
Centrica Energy is to extend its contract for the Hummingbird Spirit until March 2016. The cylindrical FPSO, owned by Teekay, has been operating on the Centrica-operated Chestnut field, north east of Aberdeen, in the central North Sea since 2008…
BP has announced a deepwater gas discovery in the East Nile Delta offshore Egypt. Wireline logs, fluid samples and pressure data confirmed the presence of gas and condensate in 38m net of Oligocene sands. The company says the well…
Ensco plc has taken delivery of ENSCO 120, the first in its series of three ultra-premium, harsh-environment jackup rigs. The rig is contracted to work for Nexen in the North Sea beginning in the 4Q 2013 at a day rate of about US$230,000 plus cost adjustments…
SPE Offshore Europe 2013 in Aberdeen has celebrated its 40th birthday by staging its biggest and best conference and exhibition to date. This year’s theme was “The Next 50 Years”, representing the continuing success story of the industry in terms of future production and the strong supply chain…
Wärtsilä, was awarded a contract to supply the design and an integrated solution for a new large platform supply vessel (PSV). The ship will operate primarily on liquefied natural gas (LNG) and is owned by Siem Offshore, Norway-based provider of marine services to the industry…
Ocean Installer has been awarded a SURF (subsea structures, umbilicals, risers, flowlines) contract for subsea lines modification work at several Statoil operated fields on the Norwegian continental shelf (NCS). The total contract value is about US$55million…
More needs to be done to attract new talent into the industry, says Patrick Phelan, managing director of Aquaterra Energy, and a member of the Oil and Gas Industry Council. The council, set up earlier this year, recently helped develop the UK Government’s Industrial Strategy…