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NEWS |
BP pension fund pays £45.1m for Peter House office asset in Manchester
BP Pension Fund has bought a 94,654sqft office asset in the northwest of England from Patrizia Immobilien for £45.1m (€51.9m).
NEWS |
DOF, TechnipFMC’s Skandi Olinda vessel begins Petrobras charter contract
DOF Subsea and TechnipFMC said that their Skandi Olinda vessel has commenced its eight-year charter contract with Petróleo Brasileiro (Petrobras) in Brazilian waters.
NEWS |
Norway's Equinor aims to start oil exploration off Australia in 2020
Norway’s Equinor SA on Tuesday said it plans to explore for oil in deep waters off the coast of South Australia in late 2020 and released a draft environmental assessment for the project to head off c (...)
NEWS |
MFDevCo signs agreement with Siemens to develop marginal gas fields
Nu-Oil and Gas’ subsidiary Marginal Field Development Company (MFDevCo) has entered a collaboration agreement with Siemens’ Dresser-Rand business to develop marginal gas fields.
NEWS |
Add Energy Off To ‘Flying Start’ With Clutch of New Contract Wins
Energy consultancy, Add Energy, is on track to achieve its growth ambitions after a strong start to the year.
NEWS |
Upstream supply chain recovery to continue this year, says WoodMac
The global offshore upstream supply chain saw signs of recovery in 2018, and this looks set to continue in 2019, according to Wood Mackenzie.
NEWS |
North Sea exploration deal coup for oil and gas pioneer
NORTH Sea oil pioneer Algy Cluff has won vindication for his decision to refocus on the area after Royal Dutch Shell bought into acreage amassed by the company he developed.
NEWS |
Contract award assembly site for Hywind Tampen
Gulen Industrial Harbour in Sogn og Fjordane county has been awarded the contract for assembly site for the floating Hywind Tampen wind turbines before they are transported to the field in the North (...)
NEWS |
Penspen to deliver new NVQ course with SGN
Penspen’s established asset management service in the UK has been successful in securing a contract with SGN to deliver a Gas Pressure Control Level 3 NVQ (National Vocational Qualification) Diploma o (...)
NEWS |
Industry Celebrates Success Of Oil And Gas Mentoring Scheme
The successes and achievements of a group of mentors and their mentees working in the oil and gas industry have been celebrated at an awards ceremony in Aberdeen.
NEWS |
Shipping - shaping up for 2019?
The offshore support vessel (OSV) market may have charted an improving course over the last few months, but inevitably headwinds remain.
NEWS |
Global Oil and Gas Subsea Umbilicals Market Opportunity Assessment 2019-2028
Market.us adds a new market research report on “Global Memory Module Market By Type (DDR , DDR2 , DDR3 , and DDR4), By Application (PC , Server , Industrial , Aerospace and Defense , and Gaming), By R (...)
NEWS |
Maintaining the tension in subsea cable laying – Power Jacks
For submarine cable laying maintaining tension in the cable within required tolerances is critical during the laying process to minimise the risk of cable damage due to cable cores being crushed or th (...)
NEWS |
Penspen celebrates Colombian success with new office and contract win
Penspen, a leading global provider of engineering, asset integrity and project management services to the energy industry, has recently opened a new office in Bogota, Colombia.
NEWS |
Deals and M&As this week: Mammoet, Ashtead Technology, Transocean Poseidon
Mammoet has formed a collaboration with Astro Offshore to deliver onshore and offshore transport solutions for oil and gas projects in the Middle East.
NEWS |
BP invests $5m in AI firm as it looks to technology to boost its exploration activities
BP’s venture capital division has invested $5m in an artificial intelligence firm in a bid to bolster its “digital capabilities” for its activities around oil and natural gas exploration.
NEWS |
UKOG unveils drilling plans for Horse Hill and other UK onshore assets
UK Oil & Gas (UKOG) has unveiled its plans to drill up to nine production, appraisal and exploration wells during 2019 and 2020 across its assets, located onshore UK, including the Horse Hill field, w (...)
NEWS |
Xodus hires specialist to enhance social performance expertise
International energy consultancy Xodus Group has strengthened its social performance capabilities with the appointment of a new Social Impact Specialist.
NEWS |
BGF announces further investment in SPEX Group Holdings Limited
SPEX Group has secured a multi-million pound follow-on investment from its management team and BGF, the UK’s most active investor in growing businesses, to accelerate growth.
NEWS |
PermianChain Technologies launches its blockchain-based oil and gas trading and investment platform
PermianChain Technologies has launched the prototype of its platform for trading potential oil and gas reserves that have yet to be developed.
NEWS |
Subsea 7 acquires multi-purpose vessel
Subsea 7 has acquired the Toisa Pegasus, a multi-purpose offshore construction and dive support vessel.
NEWS |
Shell’s Curlew FPSO off to Turkey for scrapping, via Dundee
Oil giant Shell said today that the vessel for its Curlew field in the North Sea would be taken to Turkey for dismantling.
NEWS |
Leading Aberdeenshire Company Reports Successful Return to Kazakhstan
A leading provider of innovative asset cleaning and decontamination solutions has reported a successful return to an important overseas market.
NEWS |
TechX - Pioneering and Accelerating into 2019
With just under a month left to apply for this year’s cohort of our technology accelerator programme, TechX Pioneers, it’s a great time for us to celebrate the successes of the class of 2018, as well (...)
NEWS |
Norway’s Massive Pension Fund Loses $3 Billion+ on its Apple Investment
The giant Norwegian “Oil Fund,” or Government Pension Fund Global, has over $1 trillion in assets and one of its largest single investments is in tech-behemoth Apple.
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