Limited vessel and rig availability have meant delays on two Alpha Petroleum Resources' UK projects, the Blythe development and appraisal on the Skipper field. The firm is planning to submit a field development plan for the southern North Sea Blythe gas field project Q4…
Petróleos Mexicanos' (Pemex) Board of Directors unanimously voted to sell its 7.86% stake of Spanish oil company Repsol, the state-owned firm announced 4 June. Pemex expects to net US$900 million as a result of its decision, selling the shares for $27…
Copenhagen's Ramboll Group pocketed two intricate Statoil pipeline contracts and announced a new office in Houston. Sarah Parker Musarra discussed the company's latest developments with Project Manager Jan Bohl Andersen. Two major Statoil projects are scheduled to come online in 2017…
Noreco’s CFO Ørjan Gjerde will leave the company by 31 August 2014 to take part in a new business venture. Noreco announced that the search for his replacement has already commenced. Gjerde played a central role in the financial and operational restructuring of the company…
Offshore industry body Oil & Gas UK has confirmed two new senior appointments to its board. Effective from spring 2014, Trevor Garlick, regional president North Sea at BP, and John Pearson, Group President, AMEC Europe, have been appointed as the co-chairmen of the organisation…
UK-based energy analysts Wood Mackenzie have suggested Statoil and its partners use a floating production, storage, and offloading (FPSO) vessel option for on the Johan Castberg development in the Norwegian Barents Sea. The firm undertook an analysis of the project…
UK oil and gas engineering firm FES International has won a US$1.2million (£700,000) contract to supply four diverless bend stiffener connectors to contractor NOV Flexibles. This is FES’ third project for NOV Flexibles this year, with a combined value of almost $5million…
The three Norwegian offshore service companies, Bergen Group, Semco Maritime, and Apply Rig & Modules, have joined forces to setup a new partnership, Hanøytangen Rig Services, to meet the growing rigging service market. According to a statement from the three companies…
The Meygen project in the Pentland Firth is planned to be the UK's first commercial tidal project. Images from Xodus group. Extreme environmental conditions and complex geotechnical challenges make tidal energy projects a huge undertaking…
UK-based Acteon group company Claxton has been awarded its largest single riser contract in its history by Norway's Det norske oljeselskap. The multi-year contract is from January 2014 thru June 2020, and includes high- and low-pressure risers…
Operator Genel Energy's Malta subsidiary Phoenicia Energy Co. announced on 30 May that the Noble Paul Romano deepwater semisubmersible drilling rig is moored on location and has commenced drilling Hagar Qim-1. The well is being drilled in 1476ft of water in Block 7 of Area 4 off Malta…
The topsides for the Golden Eagle area development (GEAD) are nearing final assembly in the UK North Sea, 43mi. (70km) northeast of Aberdeen. The project is operated by Nexen Petroleum, a wholly-owned subsidiary of CNOOC Ltd. GEAD involves three fields: Golden Eagle…
Deep Sea Supply has agreed a deal to buy 10 platform support vessels (PSVs) for US$366 million. The move will increase the firm's fleet from 30 to 40 vessels. Deep Sea Supply says the 10 PSVs will achieve attractive cash break even rates…
Noreco is in the process of completing drilling of the Verdande well 6608/10-16 (PL484) in the Norwegian Sea. The firm said hydrocarbon shows were found in two sections, but that well will be plugged and abandoned without further testing…
Seadrill has won a contract with Total Upstream Nigeria for use of its newbuild ultra-deepwater drillship West Jupiter (pictured), in support of the Egina ultra-deep offshore project in Nigeria. The contract is for five years and is worth about US$1…
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