Aberdeen-based Deep Casing Tools, which develops an innovative range of tools designed to land casing and completions at target depth within an oil or gas well has received £2.1 million funding from the Scottish Loan Fund (SLF). Deep…
Saipem has been awarded new E&C Offshore contracts in Latin America with a total value of approximately $500 million. In Venezuela, Saipem signed with Cardon IV, a 50/50 joint-venture between Eni and Repsol, T&I contracts for the development of the Perla EP Project…
A pioneering automated surveillance system developed by Zenith Oilfield Technology, a Lufkin company, has won the company’s third Queen’s Award for Enterprise. Zenith’s Z-Sight system scooped the top honour in the Innovation category…
DeepOcean UK, a subsidiary of DeepOcean Group Holding BV, today announced that it has acquired a 50% interest in the leading 3D sonar visualisation company ADUS to form ADUS DeepOcean Ltd. ADUS, originally a spin out from the University of St Andrews and Dundee University…
Knowledge Reservoir, a leading global energy consulting company, announced today its acquisition by RPS Group plc (RPS).RPS is a global, multi-disciplinary consultancy providing advice upon the exploration and production of oil and gas and other natural resources…
Demand for well intervention services has continued to be strong in the Gulf of Mexico and North Sea, says Helix Energy Solutions. The Houston-based firm said that as well as a recent five year contract for its Q5000 semisubmersible, currently under construction in Singapore…
Mokveld is proud to have been awarded the subsea anti-surge control valves for the Åsgard Subsea Gas Compression Project. Subsea gas compression is a technology approach that can boost recovery rates and lifetimes of offshore gas fields…
SMD has been honoured with the prestigious Queen’s Award for Enterprise in the Innovation category in recognition of the development of its specialist subsea trenching technology. This is the third Queen’s Award for Enterprise that SMD has won in the last three years…
To underline its commitment to the energy sector and to support the company’s rapidly growing offshore oil and gas business, Yokogawa announces the opening of new North Sea headquarters in Aberdeen, Scotland. The new 500m2 office is based in Westhill…
To facilitate further growth and to support the Managing Director, BMT ARGOSS (BMT), a subsidiary of BMT Group Ltd, announced today the appointment of two new Directors. Both Directors will help to drive business improvements and further enhance the effective management of the company…
Lebanon's Petroleum Administration has revealed the results of a pre-qualification process to select companies who will be able to bid in its first offshore exploration round. Of 54 companies applying to take part, 46 have been approved to bid in the round…
Petroceltic International the upstream oil and gas exploration and production company focused on North Africa, the Mediterranean and the Black Sea regions is pleased to announce its participation in a joint venture with Edison International Spa which was the successful bidder for two blocks…
Statoil and partner Petoro have proven considerable additional resources in the Shetland Group/Lista Formation in the Gullfaks licence. The Shetland Group and the Lista Formation are younger and slightly shallower deposits with different…
The MacArtney Underwater Technology Group is pleased to announce the entering of a distributors agreement with Cooper Interconnect, hereby adding BurtonTM subsea connectors, penetrators and accessories to the MacArtney range of underwater connectivity solutions…
Kosmos Energy announced today that it has entered into two farm-in agreements, whereby Kosmos is acquiring an interest in multiple blocks in the prospective Porcupine Basin, offshore the west coast of Ireland. Porcupine Map (Image…