Offshore Ship Designers (OSD) has presented a new series of Ice Class vessel designs, especially suited for marine services around the development of new arctic ports, terminals, and offshore structures. A prerequisite for this type of vessel, operating under arctic conditions, is the ability…
Aker BP has received consent from the Norwegian Petroleum Safety Authority to perform manned underwater operations this year at the Alvheim, Ula and Valhall fields. The underwater operations will be carried out by Subsea 7’s diving support vessels Seven Falcon and Seven Atlantic and…
McDermott International has been awarded a detailed engineering and long lead procurement services contract from BP Trinidad & Tobago (bpTT) for the Cassia C Compression Platform, located 40 miles (65 kilometres) off the south-east coast of Trinidad and Tobago. The contract follows McDermott’s award…
Vattenfall is now taking a further step into the European wind energy market by forming an alliance for the bid preparation in an offshore wind tender in Dunkerque, France. Vattenfall is teaming up for the Dunkerque wind project, known as Eliade, with Caisse des…
Ophir Energy has decided to exit from Block 513 offshore Côte d’Ivoire, following an unsuccessful well at the acreage last year. Block CI-513 covers a gross area of 1,443 square kilometres in water depths up to 3,000 metres. Ophir became the operator of the block…
The global oil and gas industry needs to invest more than US$20 trillion over the next 25 years to meet expected growth in demand and compensate for the natural decline in developed fields, Saudi Aramco Chief Executive Officer Amin Nasser said on the 7th March….
Iraq’s parliament voted on the 6th March to establish a new Iraqi National Oil Company (INOC) to manage its upstream energy sector and serve as an umbrella body for its state-owned oil firms. The move revives a company originally established in the 1960s and…
Oceaneering International Inc has acquired Ecosse Subsea Ltd, a provider of offshore engineering, seabed preparation, route clearance and trenching services for about £50 million (US$69 million). Headquartered in Aberdeen, Ecosse builds and operates seabed preparation, route clearance and trenching tools for submarine cables and…
Statoil has signed an agreement with Polenergia to acquire a 50% interest in the two early phase offshore wind development projects in Poland: Baltyk Srodkowy III (BSIII) and Baltyk Srodkowy II (BSII). The two projects have a planned capacity of 1200 MW with the…
AIM-listed UK Oil & Gas Investments (UKOG) has been informed by its 100%-owned subsidiary Kimmeridge Oil & Gas Limited (‘KOGL’) that Oil and Gas Authority consent for flow testing its Broadford Bridge-1/1z (‘BB-1/1z’) oil discovery has been extended to the end of March 2018. …
