AGR and Statoil experts launch guide to reservoir modellingFeb 17, 2015Two senior AGR and Statoil geoscientists have partnered to launch a book that argues the case for a revised approach to reservoir modelling.
Moore Stephens says shipping services providers should explore private equity fundingFeb 17, 2015International accountant and shipping adviser Moore Stephens says the time is right for shipping to seek financial backing from the private
£5m investment boosts growth plans at Paradigm Drilling ServicesFeb 17, 2015Paradigm Drilling Services has secured a £5m injection from new investment partners – and the prospect of additional finance to fund acquisitions.
Lundin spuds exploration well on the Gemini ProspectFeb 17, 2015Lundin Petroleum, through its wholly owned subsidiary Lundin Norway AS, has commenced drilling of exploration well 16/1-24 in PL338C southwest of the Edvard Grieg field.The well will investigate the hydrocarbon potential of the Gemini prospect. The well is located in PL338C approximately 10 km southwest of the Edvard Grieg field.
Advanced Insulation appoints new Finance DirectorFeb 16, 2015Gloucester-based Advanced Insulation is continuing its reorganisation with the appointment of Andrew Sweeney as finance director.
Moore Stephens says offshore maritime sector must watch costs and risk exposureFeb 16, 2015International accountant and shipping adviser Moore Stephens says companies in the offshore maritime sector need to keep a close
EMGS report sales from the multi-client library in the Barents SeaFeb 16, 2015Electromagnetic Geoservices ASA (EMGS) will receive uplift revenues of USD 2.5 million related to the licensing round for mature
Interwell UK changes Managing DirectorFeb 16, 2015Interwell UK announces departure of its managing director, Andrew Louden. Andrew Louden joined Interwell in December 2010 to establish a UK subsidiary of Interwell AS.
Conductor installation completes operation on major gas project In Southern North SeaFeb 16, 2015Conductor Installation Services Ltd (CIS) has successfully completed a conductor installation operation 17 hours ahead of schedule
Vantage Drilling Company amends Cobalt Explorer Construction contractFeb 16, 2015Vantage Drilling Company says that the terms of the Cobalt Explorer construction contract have been amended to defer the second
Statoil submits the development plan for Johan SverdrupFeb 16, 2015Statoil and its partners submit the plan for development and operation (PDO) for Johan Sverdrup, phase one, to the Norwegian Ministry of Petroleum and Energy. The PDO will be handed over from Statoil’s chief executive officer Eldar Sætre to Norwegian petroleum and energy minister Tord Lien.
Statoil makes minor oil discovery in North SeaFeb 16, 2015Statoil has made a minor oil discovery near the Ekofisk field in the North Sea, the Norwegian Petroleum Directorate reported.
Bokalis takes over new semi-submersible heavy transport vesselFeb 13, 2015Royal Boskalis Westminster N.V. (Boskalis) says that the Dockwise vessel White Marlin was named and christened during a festive
Hydro Group set to showcase new capabilities at Subsea ExpoFeb 13, 2015Aberdeen based Hydro Group will unveil new machinery and subsea cabling capabilities at the Subsea Expo in Aberdeen this month.
Sirius Petroleum gains extension on fundingFeb 13, 2015Sirius Petroleum updates its shareholders on progress towards completion of the £9.6 million Convertible Loan with Nima International Ltd.,
Lundin makes minor gas discovery in the North SeaFeb 13, 2015Lundin Norway AS, operator of production licence 674 BS, is in the process of completing the drilling of wildcat well 26/10-1.
Eni appoints Marco Bardazzi as new Director of External CommunicationFeb 13, 2015Eni is strengthening the communication of its global activities, focusing on the innovation opportunities offered by digital technology
ACE Winches introduces CCO role to support international growth ambitionsFeb 13, 2015ACE Winches has appointed Colin Black as chief commercial officer, a new role introduced to strengthen the company’s board of management.
DNV GL led industry collaboration to develop design guidelines for pipeline concrete coatingFeb 13, 2015With submarine pipelines increasing in diameter and extending into deeper waters and more challenging environments, design requirements for concrete weight coating do often not meet current needs. The result is inconsistent safety margins and potentially expensive overdesign and stringent installation requirements.
Trapoil relinquish Orchid licenseFeb 12, 2015Trapoil announces a further corporate and operational update.The Board has decided to also relinquish Licence P.1556 Block 29/1c (Orchid), which was
2H Offshore appoints Phil Ward as director of Aberdeen officeFeb 12, 20152H Offshore, an Acteon company, has appointed Phil Ward as a director in its Aberdeen office. This new role reflects Ward’s
Bankers Petroleum operations hit by floodingFeb 12, 2015Bankers Petroleum Ltd. announces a temporary production impact from recent flooding caused by unusually heavy rain in Albania
Acclaimed Software Company develops QualifyFeb 12, 2015Data is at the beating heart of most organisations but often they fail to maximize accessibility of that data for the true benefit of the
Caley Ocean announces Portable IWOCS Deployment SystemFeb 12, 2015Caley Ocean Systems announces the development of a portable Intervention Work Over Control System (IWOCS) deployment