Subsea engineering and project management company Petrex Developments has successfully completed the inspection of the BW Athena dynamic flexible riser/umbilical systems, FPSO mooring system and hull for North Sea operator Ithaca Energy. The…
An online information management system for the offshore decommissioning market has been launched by well management and performance improvement specialist, Exceed. The Aberdeen-based company has invested in excess of £300,000 in the development of iVISION…
North Sea industry body Oil & Gas UK has announced a number of appointments of member company representatives to its board. Alan Corbett, managing director at Bristow Helicopters, will represent the aviation sector, replacing Richard Mintern of Babcock International Group…
Two people have died after a vessel under construction at Daewoo Shipbuilding & Marine Engineering Co. (DSME) caught on fire today (24 August) in South Korea, according to news reports. The Geoje Fire Station said a 39-year-old worker…
FMC Technologies has been chosen as the first winner of the OTC Brasil 2015 Spotlight on New Technology Award. The award recognizes FMC Technologies’ shape memory alloy fittings in subsea equipment, which was developed to replace orbital welding processes used to connect hydraulic tubing…
Image: 2G Robotics ULS-200 underwater laser scanner in action/Seatronics Seatronics, an Acteon company, has secured the first UK sale of 2G Robotics' ULS-200 underwater laser scanner. The system was purchased by HR Wallingford…
Brazil’s National Petroleum, Natural Gas, and Biofuels agency (ANP) has announced the first 12 companies pre-approved for the country’s upcoming 13th bid round to be held on 7 October. The pre-approvals went to familiar companies such as supermajor Shell and France’s GDF Suez…
North Energy has entered into an agreement with Det norske oljeselskap, whereby Det norske will acquire North Energy's 10% interest in production license 722. The license was awarded in the 22nd licensing round, and is subject to a drill or drop decision in 2Q 2016…
Angola's national oil company Sonagol and Houston-based Cobalt International Energy have signed a sale and purchase agreement allowing Sonangol to acquire all of Cobalt's 40% participating interest in Blocks 21/09 and 20/11 offshore Angola for US$1…
The Petroleum Safety Authority of Norway has granted Lundin Norway consent to drill two wells: one in the North Sea, and one in the Norwegian Sea. In the central North Sea, Lundin will drill the Rolvsnes prospect. The exploration well 16/1-25S…
TGS has been given the green light by Mexico's Comisión Nacional de Hidrocarburos (CNH) to start acquiring multibeam, coring and geochemical analysis data over about 600,000sq km in Mexican waters. This project will cover the entire deepwater area of the offshore sector of Mexico…
Statoil has opted for Aptomar’s TCMS tactical collaboration and management system at the energy company’s field monitoring centre at Sandsli in Bergen, Norway. Under the contract, Aptomar will provide Statoil with TCMS (Tactical Collaboration and Management System) workstations…
With less than two weeks now left to SPE Offshore Europe, Shreyasi Bhaumik, Client Services Director, BCM Public Relations, gives her top 12 tips to surviving Europe's biggest oil show: Always plan ahead of the event. Review…
Low global crude prices have hit Saudi Arabia hard. With a considerable budget deficit, Saudi has been forced to begin borrowing from capital markets – US$4 billion in July. The kingdom is highly reliant on oil – accounting for more than 90% of budget revenues…
Songa Offshore has today taken delivery of Songa Endurance from Daewoo Shipbuilding & Marine Engineering (DSME) in Korea. Songa Endurance will shortly depart South Korea en-route to Norway to start an eight-year drilling contract with Statoil…
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