EnerMech said yesterday it had been awarded a £6.6million contract by Apache North Sea to supply and instal four new blowout preventer handling cranes on the Forties Alpha, Bravo, Charlie and Delta platforms.
OIL supermajor BP will not pursue any legal action against Cameron International over last year's Deepwater Horizon disaster after the firms agreed that the contractor would pay a £161million settlement.
A trapped piece of drill pipe prevented a fail-safe device from stopping last year's massive BP oil spill in the Gulf of Mexico, a US government investigation has found.
Oil and gas company Serica Energy said yesterday that significant progress had been made towards development of the Columbus gas field in block 23/16f in the central North Sea.