Well-Centric secures £8million contract win
Dec 16, 2015
The three-year deal will see Dyce-based Well-Centric provide offshore wellhead maintenance services, as well as workshop-based wellhead repair and

Oil & gas producers welcome historic Paris agreement
Dec 16, 2015
The International Association of Oil & Gas Producers (IOGP) welcomes the historic COP21 agreement in Paris last week.

Norway trials new age of e-navigation with NAVTOR
Dec 16, 2015
The Norwegian Coastal Administration (NCA) has initiated the first full-scale trial of e-navigation in Norwegian waters in conjunction with NAVTOR. The test sees the ferry MS

Seatronics collaborates with robotic systems manufacturer, Inuktun
Dec 16, 2015
Seatronics, an Acteon company, has formed a collaboration with Canadian-based manufacturer, Inuktun Services Ltd. Inuktun has extensive expertise in remote controlled

Statoil awarding framework agreements for maintenance and modifications
Dec 16, 2015
Statoil has awarded maintenance and modification agreements worth NOK 24 billion for the company’s installations on the Norwegian continental shelf (NCS) and for the onshore plants at Sture, Kollsnes, Kårstø and Melkøya. Competition agreements for more complex modification services have also been awarded.

Petrofac's collaborative approach secures contract extensions
Dec 15, 2015
Petrofac has been supporting the UK Continental Shelf (UKCS) for more than 20 years, working in collaboration with its customers to drive efficiencies and generate maximum

Offshore oil and gas sector set to get a 'lift'
Dec 15, 2015
VISTEM, a provider of game-changing technology to the oil and gas industry, has launched an innovative mobile access platform for the offshore sector that is set to bring significant cost,

Serica reports strong performance through end November and early December
Dec 15, 2015
Serica Energy plc, an independent oil and gas company with production, development and exploration licence interests in the UK North Sea and exploration licence interests

Independent Oil and Gas sign rig contract with Transocean
Dec 15, 2015
Independent Oil and Gas plc has signed a Rig Contract with Transocean Drilling U.K. Limited ('Transocean') to procure the Transocean John Shaw semi-submersible rig to drill

Crown Estate publishes BGS geological assessment of Irish Sea
Dec 15, 2015
The Crown Estate has published a study by the British Geological Survey summarising the geological conditions of the Irish Sea that will provide a valuable resource for anyone

Centrica provides 2015 trading update
Dec 14, 2015
The Company has made good operational and strategic progress since the announcement of its Interim Results and the outcome of the strategic review on 30 July 2015, against a challenging

MYCELX Technologies provides trading update
Dec 14, 2015
MYCELX Technologies Corporation, the clean water technology company providing patented solutions for commercial industrial markets worldwide, announces a trading update on its 2015

Avanti Energy signs long-term gas sales agreement with Shell Energy Europe
Dec 14, 2015
Avanti Energy Inc. says that its Italian subsidiary CMI Energia S.p.A has signed a long term gas sales agreement with Shell Energy Europe Limited for its future gas production in Italy.

Subsea compression innovator presented with President’s Award by SUT
Dec 14, 2015
The Society for Underwater Technology (SUT) has presented its President’s Award to Dr Kjell Olav Stinessen in recognition of his long term services to industry at the Society’s

Delphi Energy provides corporate and operations update
Dec 14, 2015
Delphi Energy Corp. is pleased to provide the following update. With the dispositions of the Wapiti and Hythe assets now complete, Delphi is now singularly focused

New Glen Lyon FPSO sets sail for west of Shetland
Dec 14, 2015
BP, on behalf of the Schiehallion co-venturers Shell and OMV, announced that the new Glen Lyon floating production storage and offload (FPSO) vessel has started sea trials as it begins

Steam Oil Production Company to acquire Elke and Narwhal discoveries
Dec 14, 2015
The Steam Oil Production Company has entered into a sale and purchase agreement with EnQuest Heather Ltd to acquire a 100% interest in Licence P1996, made up of blocks

Statoil and Repsol announce transactions in Norway, UK, US and Brazil
Dec 14, 2015
These transactions increase the number of Statoil’s operatorships in priority areas, providing greater control of asset development and costs through shared efficiencies. “We are delighted to be deepening our relationship with Repsol. In the current challenging market environment, these are innovative, value-enhancing transactions which will help control costs and strengthen Statoil’s portfolio for the long term”, said John Knight, Statoil’s Executive Vice-President for Global Strategy & Business Development.

Dolphin Geophysical provides update on restructuring
Dec 11, 2015
Group ASA ("Dolphin" or the "Company" and together with its subsidiary Dolphin Geophysical AS") regarding a restructuring of the Group's debt and capital structure (the "Restructuring").

IOC signs well management contract for upcoming Skipper well with AGR
Dec 11, 2015
Independent Oil and Gas has executed a well management contract with AGR Well Management Limited for the drilling of the appraisal well on Skipper, on track to spud in late January or early February 2016.

MB Air Systems invests in new offshore winch technology
Dec 11, 2015
MB Air Systems is preparing to take delivery of some of the most sophisticated winches in the world after investing in more than $500,000 (USD) of new equipment for the North Sea market.

KPMG: Full effects of OPEC decision felt, as Brent Crude oil price hovers at US$40 a barrel
Dec 11, 2015
Commenting on the Brent Crude oil price dipping below US$40 a barrel, George Johnson, executive advisor in KPMG's oil and gas practice says:

Xodus wins over £5 million of vibration contracts
Dec 11, 2015
Xodus Group has won a clutch of international vibration contracts bringing the total value for this year to £5 million. Managed through its vibration specialists in the UK and the UAE, the projects

Wintershall makes minor oil discovery near the Vega Sør field
Dec 11, 2015
Wintershall Norge AS, operator of production licence 248, is in the process of completing the drilling of wildcat well 35/11-18 and appraisal well 35/11-18 A. The wells have been drilled approx. four kilometres west of the Vega Sør field. The primary exploration target for well 35/11-18 was to prove petroleum in Middle Jurassic reservoir rocks (the Brent group). The secondary exploration target was to prove petroleum in Upper Jurassic reservoir rocks (sandstones in the Heather formation).