Aberdeen-based explorer Faroe Petroleum it to take on its first operated production in the North Sea through a £35million to take over operated stakes in two southern North Sea gas fields from Tullow Oil. Faroe will take a 60% operated stake in the Ketch field and a 53…
UK-based Africa and Celtic Sea-focused explorer Fastnet Oil & Gas has farmed out a 9.375% interest in the Foum Assaka license, offshore Morocco, to SK Innovation, the energy and chemicals affiliate of SK Group, South Korea's third largest conglomerate…
TGS has started a 2D seismic reprocessing project on the Barents Sea Southeast in preparation for the Norwegian 23rd licensing round. The underlying data, acquired in 2011 and 2012, is owned by the Norwegian Petroleum Directorate (NPD) and covers more than 18…
Drydocks World has completed a major repair and refurbishment of National Drilling Company’s (NDC) jackup drilling rig Al Ittihad. The company has carried out maintenance work on several of NDC’s rigs and the numbers have increased over the years…
Aker Solutions is to split into two separate companies to speed up a bid to reduce costs via streamlining and 'better position' the business in an increasingly competitive global energy industry. The subsea, umbilicals, engineering and maintenance…
The US Department of the Treasury issued sanctions against seven Russian government officials and 17 entities on 28 April. Among those officials listed was OAO Rosneft President and Chairman of the Management Board Igor Sechin. These…
The National Oceanic and Atmospheric Administration (NOAA), part of the US Department of Commerce, announced yesterday the start of the 2014 hydrographic survey season. New data collected will increase coastal environmental intelligence around the country…
Asset integrity management firm XPD8 Solutions is to develop the maintenance program and inventory data for MODEC’s TEN MV25 floating production, storage and offloading (FPSO) vessel, operated on behalf of Tullow Oil, offshore Ghana. The…
Gloucester-based Advanced Insulation Systems (AIS) has acquired Manuplas, a specialist in providing customer polymer solutions to the marine, offshore, renewable energy and leisure markets. AIS manufactures specialist materials used to insulate sub-sea infrastructure and fire proof oil rigs…
Dealing with the by-products of oil and gas drilling in an environmentally friendly manner is an issue the energy industry has grappled with for years. It is one that has captured the imagination of one Robert Gordon University (RGU)…
Keppel FELS Limited (Keppel FELS), a wholly owned subsidiary of Keppel Offshore & Marine (Keppel O&M) has signed an engineering services agreement with Workfox, a subsidiary of Seafox Group, to do an engineering study for a purpose-built…
Nederlandse Aardolie Maatschappij (NAM) – the joint venture between Shell and ExxonMobil – has renewed and extended its Health, Safety and Environmental (HSE) contract with Royal HaskoningDHV. The three-year contract covers risk above…
Boskalis said that salvage work to remove a capsized jackup from shallow waters near Angola's new liquefied natural gas (LNG) export plant should be completed by March 2015. The three-legged Perro Negro 6 jackup drilling rig (shown at…
GE Oil & Gas announced today a technology collaboration with Mexico Institute of Petroleum (IMP) and Mexico state-owned company Petróleos Mexicanos (Pemex). Pemex sponsors the agreement, which GE Oil & Gas said would “initially [research]…
Singapore-based shipowner and operator, Swire Pacific Offshore Operations (Pte) Ltd. (SPO) celebrated the launch of its new D-Class anchor-handling tug supply vessel, Pacific Dragon, on 18 Apr 2014. This is the eighth and final D-Class vessel…
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