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NEWS |
i-Tech Services wins first contract under new vessel charter agreement
Following the signing of a long-term vessel charter agreement in the Asia Pacific region earlier this year, i-Tech Services’ MMA Pinnacle has secured its first inspection, repair and maintenance (IRM) (...)
NEWS |
Decommissioning in Oil & Gas
As a growing number of oil and gas fields worldwide near the end of their design and production life, the industry, lawmakers, and regulators are looking for the best ways to approach decommissioning (...)
NEWS |
Overview: Mexico’s Oil & Gas Industry
Mexico has been producing oil since the early 1900s and in the 1920s it was one of the world’s top crude oil producers and exporters. Following a bitter labour dispute, Mexico nationalised all oil ass (...)
NEWS |
Texo Group Announces Executive Chairman
Texo Group, the leading Integrated Asset Services specialist has announced its new Executive Chairman.
NEWS |
New Event To Explore Guyana Opportunities Gathers Momentum
Plans are gathering pace for a new business event which will highlight opportunities to link businesses in the North East of Scotland with Guyana.
NEWS |
Faroe Petroleum commences drilling of Brasse East exploration well
Faroe Petroleum, the independent oil and gas company focusing principally on exploration, appraisal and production opportunities in Norway and the UK, has announced the commencement of the Faroe-opera (...)
NEWS |
Big Oil digs North Sea's 'final frontier'
"Little hope of THIS rock ever producing oil," BP geologist Bill Senior scribbled in 1977 on a note assessing a recent oil discovery in a distant corner of the North Sea.
NEWS |
Moonraker decom project promises 500 jobs and millions in investment for Dundee
Hundreds of jobs and tens of millions in new investment are being promised to Dundee by a decommissioning company behind plans to build Moonraker, the UK’s largest offshore heavy lift vessel.
NEWS |
Aberdeen subsea connectivity specialist expands business with Israeli partnership
Subsea cable and connector assembly specialist, Hydro Group, has expanded into a new market with Israeli-based distributor Aretha Technologies Ltd.
NEWS |
Permian Token brings the blockchain to the oil and gas sector
PermianChain Technologies is introducing the Permian Token (XPR), a crypto asset-class that will underpin holding rights to the value of potential but undeveloped oil and gas reserves.
NEWS |
Stepping up the LPG activity in South-East Asia
Equinor and Global Petro Storage (GPS) have entered into a long-term agreement for a terminal and storage for LPG (Liquified Petroleum Gas) volumes in Port Klang in Malaysia.
NEWS |
Johan Castberg construction begins at Stord
Norwegian minister of petroleum and energy, Kjell-Børge Freiberg, will today start cutting the first sheet for the topside of the Johan Castberg vessel at Kværner's yard at Stord.
NEWS |
New Petrobras CEO rules out privatization
A University of Chicago-trained economist named on Monday to head Brazil’s Petrobras will not privatize the state-run company, but wants to push ahead with selling non-core assets and to focus on oil (...)
NEWS |
Husky Energy Provides Update on White Rose
Husky Energy had shut in production at the White Rose field Thursday, November 15 due to operational safety concerns resulting from severe weather.
NEWS |
Ineos in talks to buy Conoco North Sea assets
British petrochemicals company Ineos is in exclusive talks with ConocoPhillips (COP.N) to buy North Sea oil and gas fields worth $3 billion from the U.S. energy company, the Sunday Times newspaper rep (...)
NEWS |
Equinor acquires minority shareholding in Scatec Solar ASA
Equinor ASA has acquired 11,020,000 shares in Scatec Solar ASA, corresponding to 9.7 per cent of the shares and votes, at a total purchase price of approximately NOK 700 million (USD 82.4 million1).
NEWS |
Investment in Operations Results in Safety Milestone for Atlantic Offshore
Atlantic Offshore, the leading Emergency Response and Rescue Vessel (ERRV) operator, has reached a significant health and safety landmark, recording four years without a lost time incident (LTI).
NEWS |
N-Sea expands service capability in the Middle East
N-Sea, a leading IMR subsea services provider, has expanded service capabilities in the Middle East, reinforcing its commitment to the region.
NEWS |
Serica Energy buys bigger share of North Sea oil fields from BHP
Serica Energy said it had acquired an additional interest in some North Sea oil fields from BHP Billiton.
NEWS |
Add Energy secures a raft of contracts worth more than £1 Million
Leading energy consultancy provider, Add Energy, today (Wednesday, 7 November, 2018)announced that it has landed new contracts totalling £1.1 million in the last six months.
NEWS |
Kreuz Subsea and Seamec consortium mobilise Kreuz Glorious for two-year ONGC project
Global integrated subsea services business, Kreuz Subsea and consortium partner Seamec Ltd, have successfully completed the mobilisation of the Kreuz Glorious vessel to commence a two-year project wit (...)
NEWS |
Oil price rise sees Shell make gain on North Sea asset sales
Rising oil prices pushed earnings at oil giant Royal Dutch Shell up from $4.1 billion to $5.6bn in the third quarter in addition to helping the business make a $115 million net gain on the sale of a b (...)
NEWS |
Aberdeenshire Company Uses Knowledge Transfer To Capitalise
A leading provider of innovative asset cleaning and decontamination solutions has successfully used skills gained in the energy sector to diversify into one of Scotland’s oldest industries.
NEWS |
New interactive dashboard plans to unlock industry efficiencies and “optimise” businesses
A new interactive online tool which aims to help oil and gas firms “streamline and optimise” for the future will be launched at Oil & Gas UK’s revamped Share Fair this week.
NEWS |
CIMC Raffles awarded BP contract
CIMC Raffles confirmed it has been awarded work on the Tortue-Ahmeyim floating liquefied natural gas project off Mauritania and Senegal.
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