KBR subsidiary GVA has signed a licence agreement with Daewoo Shipbuilding & Marine Engineering (DSME) of South Korea for the construction of its GVA 4000NCS, Cat D semi-submersible drilling rigs.
Some oil and gas pipelines in the North Sea could become redundant if new reserves are not found and developed in time, a meeting in Aberdeen was told yesterday.
No doubt about it: investment in developing UK oil and gas reserves last year was strong, rising by at least a quarter compared to 2010.
THE announcement by BP that investment of £10billion is to be made on four major oil and gas developments in the UKCS is obviously welcome news for all stakeholders.
STATOIL has awarded Songa Offshore a $2.47billion contract to build two new semi-submersible drilling rigs for Norwegian Continental Shelf (NCS) conditions.
Aker Solutions, which accounts for at least 1,500 jobs in Aberdeen and Stockton, said last month that has emerged successfully from the "financial turmoil" of recent years.
Aberdeen-based Consafe Engineering Services said yesterday it had landed a contract worth more than £15million which is leading to the creation of 20 jobs.
GETTING the most from mature fields and new development frontiers in the North Sea is the focus of a north-east event today.