Oil & gas news
Statoil cancels rig contract
The cancellation of the Stena Don contract will take effect after the plugging activity on the Troll field has been completed.
Liftboat launch in China
Mekers Offshore Ltd has launched its first in a series of liftboats at Dajin Heavy Industries yard in Jiangsu, China.
Russia and Norway to exchange seismic data from the Barents Sea
The NPD has said that the exchange will allow for a better understanding of the regional geological conditions on both sides of the demarcation line in the Barents Sea.
Merford and Siemens deliver mega project off the Norwegian coast
The compressors on the Edvard Grieg oil platform, some 160 kilometres off the Norwegian coast, as manufactured by Siemens in Hengelo, have been fitted with ‘state of the art’ noise enclosures.
Aquatic Engineering & Construction Ltd completes re-certification to ISO 9001; ISO 14001 & OHSAS 18001
The re-certification, without any major non-conformances, demonstrates the continued success and implementation of the company’s Integrated Management System (IMS).
InterMoor opens new custom-built base in Norway
IOS InterMoor has announced the opening of its new mooring base in Fensfjord, Norway near Bergen.
IBP research reveals major focus on technology investments in the next two years
Research conducted with Lloyd's Register shows a focus on developing cleaner energy production technologies and new energy sources.
CGG wins major award from Pemex
CGG will deliver an orthogonal wide-azimuth integrated solution designed to optimise subsalt seismic imaging in the geologically complex deep waters of the Perdido area.
Danos expands Presence in Permian Basin
Danos is expanding its footprint in the Permian Basin region, adding more office and shop space in order make its full range of services offerings available to customers in the area.
OPEC’s move sparks profit-taking among leveraged long oil investors
Investors around the globe have jettisoned leveraged oil and switched to short the commodity following the announcement from OPEC that it will cut production, WisdomTree’s latest Short & Leveraged report has found.