Schlumberger and Subsea 7 S.A have announced that they have entered into exclusive negotiations to form a joint venture that builds on the success of Subsea Integration Alliance, which was established in 2015.
Dragados Offshore, S.A. has announced the award by Mærsk Oil and Gas of the contract for the Tyra East G & Tyra East H Jackets for the Tyra Future Development Project, both to be installed in the Danish sector of the North Sea.
MX Oil has raised £500 000 before expenses via a placing (the Placing) of 100 million new ordinary shares at a price of 0.5 pence per share (the Placing Shares). The funds raised will enable further development of the Aje project.
EXMAR has announced that its FSRU (Floating Storage and Regasification Unit) barge delivered end of 2017 has left the Wison Offshore Marine shipyard.
Dr Daniel Denning, Systems Lead Engineer for Viper Innovations, explains how combined power and monitoring technology is a step-change in the way subsea networks are maintained.
Two-thousand-ton process module to be installed on Leviathan Field to recover MEG used for hydrate inhibition.
Po Valley Energy Limited has reported an upgrade of its oil and gas reserves and resources for its 100% owned subsidiary Po Valley Operations Pty Ltd (PVO) as part of the release of an extensive Competent Persons Report (CPR) prepared on PVO, Po Valleys 50% owned Saffron Energy Plc (Saffron) and Appenine Energy. The CPR has been lodged in full with the ASX in conjunction with this release.
Operating within the cable and renewables industries, Next UKCS will provide solutions to the operations and maintenance market.
The first contract will see Sparrows provide comprehensive crane operations and maintenance services covering all mechanical, HVAC, electrical, hydraulic, pneumatic, instrumentation and structural requirements.
Effective immediately, the contract is for five years with a two-year extension option and will be executed from Wood’s offices in Perth, Australia.
SeaBird Exploration has announced that it has signed an agreement to provide a source vessel for an upcoming survey in West Africa. The project is anticipated to commence during Q1 and will have a duration of approximately 60 days. SeaBird will be using the Osprey Explorer for the project.
On behalf of the Abu Dhabi Government, the Abu Dhabi National Oil Company (ADNOC) signed an agreement with Cepsa, a Spanish integrated oil and gas company, awarding it a 20% stake in Abu Dhabi’s offshore SARB and Umm Lulu concession.
Over the past year, the Oil & Gas Innovation Centre (OGIC) has seen a growing appetite from companies looking to invest in the development of emerging technologies, as North Sea operators continue to demonstrate the benefits of technology-led solutions in response to the economic downturn.
The company has appointed Christian Berven as Business Development Director and opened offices in Stavanger, Norway.
Noble Energy, Inc. has announced that its Board of Directors has authorised a US$750 million share repurchase programme. In addition, the Company has executed an agreement to sell its deepwater Gulf of Mexico assets to Fieldwood Energy LLC (Fieldwood) for a total value of US$710 million.