Asset integrity services company Stork has collaborated with Emerson Process Management to use Emerson’s Roxar SandLog wireless sand erosion monitoring system in the UK Continental Shelf for the first time.
Australian company Woodside Energy has awarded Norwegian engineering services firm Aibel a FEED contract for the subsea tie back to the Ngujima-Yin FPSO.
Petronet has announced Shri Prabhat Singh is taking over as the Indian LNG producer's new chief.
The Aberdeen-based offshore services group SeaEnergy said low oil prices had hit the business, reducing turnover and profitability in the first half of the year and affecting expectations for the full year.
Statoil has awarded a contract to ABB in Sweden for fabrication and installation of two high-voltage cables supplying power from shore to the massive Johan Sverdrup field.
The boss of a private-equity backed company in the Norwegian sector said the company’s inception is a sign of the growing trend for mergers in the industry following a decline in oil price. Rune Haddeland is set to take up the reins of WellConnection Group, which has been formed after acquistions of Eurotechnology InCon AS, FrankMohn Mongstad AS and WellConnection Subsea AS. The company was established by private equity firm Energy Ventures which aims to establish itself as a major inspection, maintenance and repair player in the Norwegian market.
Recent policy announcements withdrawing support for renewable energy have seen the attractiveness of the UK’s renewables market as an investment destination plummet, according to EY’s Renewable Energy Country Attractiveness Index (RECAI).
Scottish Energy Minister Fergus Ewing has called on the UK Government to make further commitments to the help the North Sea oil and gas industry and take action on protecting the stability of the oil and gas fiscal regime. In a briefing at Holyrood to politicians he said there needed to be an urgent consultation on inventives to boost further exploration in the North Sea. Ewing also urged the UK government to make a commitment there would be no tax increases for the industry and any significant policy proposals should be in consultation with both industry and the Oil and Gas Authority (OGA).
Gulf Keystone said production from the Shaikan field in the Kurdistan region of Iraq has now surpassed 15 million barrels.
Collaboration and cooperation are key elements of industry body Oil and Gas UK’s 2015 Share Fair, which takes place on November 4.
Xodus Group has been awarded two contracts with TengizChevrOil (TCO) for acoustic induced vibration fatigue assessments of its Tengiz complex in Kazakhstan.
A networking event highlighting key environmental issues facing the oil and gas industry takes place in Aberdeen next month.
Statoil has successfully completed a detailed risk analysis at its Norwegian downstream oil refinery, said Lloyd's Register this week.
Oil and Gas Development Company Limited has found "significant" hydrocarbon reserves via its Aradin 1 exploratory well in Pakistan. This is the 104th discovery and a significant landmark achieved by the company.
Oil edged further above $46 a barrel on Tuesday, supported by the prospect of lower US inventories and production although concern about weaker Asian demand kept prices in check.
Turkmenistan will start building a long-delayed, $10billion gas pipeline to Pakistan and India via Afghanistan in early December. The Central Asian country holds the world's fourth-largest natural gas reserves but remains dependent on gas exports to China after Russia cut back gas imports in the past few years.
Wood Group will lead five new international joint industry projects (JIPs) working alongside operators, contractors and regulators on subsea projects. The projects will run between 2015 and 2018. Wood Group Kenny chief executive Bob MacDonald, said: "Spearheading these critical projects is fundamental to providing solutions to our customers and we look forward to working with the participants to deliver successful JIPs."
Tidal power generator Atlantis Resources has appointed Simon Counsell as chief financial officer following the resignation of Duncan Black.
Maersk Line has signed a deal with weather forecaster MeteoGroup to equip 140 container vessels with its advanced motion software SPOS Seakeeping.
Genel Energy has struck a deal with Austrian producer OMV to acquire its stake in a field in the Kurdistan Region of Iraq. The company will acquire a 35% share in the Bina Bawi field with an upfront payment of $5million. Genel Energy said a contingent payment of $70million will be payable once gas production exceeds the agreed threshold volumes from the Miran and Bina Bawi fields.
President Energy has extended its options on the Puesto Guardian prospect in Argentina, which was due to expire in 2026 to a new unconventional concession until 2050.
Nostrum Oil has blamed unrealistic expectations by the board of the Tethys Petroleum for the failure so far of a deal to acquire the Caspian-focused oil company.
The office of Switzerland's attorney general is helping authorities in Oman investigate alleged corruption in the Gulf sultanate's national oil company and oil ministry, a Swiss law enforcement source has said.
Iraq aims to export a record volume of Basra crude from its southern terminals in October as it ramps up production, adding to a global oil supply glut.
OPEC predicted higher demand for its crude oil next year, sticking to its view that a strategy of letting prices fall will tame the US shale boom and cut a global surplus.
