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Orca Oceanic Systems Ltd (OOS) Is Delighted To Announce The Appointment Of Business Development Director.

Orca Oceanic Systems Ltd (OOS) Is Delighted To Announce The Appointment Of Business Development Director   Orca Oceanic systems Ltd (OOS) is delighted to announce the appointment of our new Business Development Director Stuart Forsyth Stuart takes on his new role to spearhead the continued growth of OOS as he brings with him more than 20 years of experience in the Oil and Gas industr...

Maersk Decom wins complete plugging, abandonment of Tullow Oil’s Banda and Tiof fields offshore Mauritania

Maersk Decom wins complete plugging, abandonment of Tullow Oil’s Banda and Tiof fields offshore Mauritania   Maersk Decom, a 50:50 joint venture between Maersk Drilling and Maersk Supply Service has won a complete plugging and abandonment of Tullow Oil’s Banda and Tiof fields in offshore Mauritania. This is the first project where Maersk Decom will provide an end-to-end plugging and abandonment solution under one single contract. The solution bundles project management,...

Rapid Growth Drives Office Move for Engineering Simulation Specialists

Rapid Growth Drives Office Move for Engineering Simulation Specialists   ANSYS Elite Channel Partner EDRMedeso has started 2020 with a move to a new, larger office space in Sheffield for its UK team. As part of the new facility, the engineering simulation software specialists have added a training centre to enhance the organisation’s commitment to providing customers with comprehensive service and support resources. 2019 was a year of rapid growth for the EDRMedeso UK team, b...

Weir Group prepares exit from struggling oil and gas business

Weir Group prepares exit from struggling oil and gas business   Weir Group has prepared the ground for a sale of its struggling oil and gas division after a £546m writedown knocked the mining and energy equipment maker into an annual loss. The group said its focus is “now on becoming a mining technology pure play” and will be looking for opportunities to “maximise value” from the oil and gas business at the right time. Weir reported a £372m p...

Global Oil & Gas Prices In 2020 Set To Fall Short Of Earlier Forecasts As Coronavirus Spreads

Global Oil & Gas Prices In 2020 Set To Fall Short Of Earlier Forecasts As Coronavirus Spreads   As China’s coronavirus epidemic continues to expand and more countries are affected, the slowdown in global oil and gas consumption this year will hit suppliers who will see average prices fall below previous expectations, according to Rystad Energy’s revised forecasts. Brent crude oil prices, which Rystad Energy earlier expected to average nearly $60 per barrel in 2020,...

Tubes and piping are most failure-prone components in oil and gas and maritime industries, DNV GL research reveals

Tubes and piping are most failure-prone components in oil and gas and maritime industries, DNV GL research reveals   New DNV GL research based on more than 1,000 failure cases has revealed that tubes and piping are the most failure-prone components in the oil and gas and maritime industries. Fatigue and corrosion are the most common failure types. The research is based on cases from DNV GL’s global network of five laboratories in the United States, Europe and Asia, which spec...

Apache, Pharos Energy Among Bidders For Shell’s Egypt Onshore Assets

Apache, Pharos Energy Among Bidders For Shell’s Egypt Onshore Assets   Royal Dutch Shell’s onshore Egyptian oil and gas assets have drawn interest from American, Egyptian, Asian and Middle East bidders, two sources familiar with the matter told Reuters. Shell launched a process at the end of November to sell its onshore upstream assets in the Western Desert to focus on expanding its Egyptian offshore gas exploration. It appointed investment bank Citigroup to run the...

Chevron makes waves with Sea Swift offshore platform for Angola

Chevron makes waves with Sea Swift offshore platform for Angola   Aquaterra Energy, a leader in global offshore engineering solutions, has secured a significant agreement from Chevron, through its wholly owned subsidiary in Angola, Cabinda Gulf Oil Company Limited (CABGOC), to design and support installation of a Sea Swift offshore platform solution off the coast of Angola. Destined for the Lifua-A field, the conductor supported platform (CSP) will be designed and installed in 60m...

Wintershall encounters dry appraisal well in North Sea

Wintershall encounters dry appraisal well in North Sea   Wintershall Dea Norge AS, operator of production licence PL 894, is in the process of concluding the drilling of appraisal well 6604/5-2 S. The well has been drilled about 113 km southwest of the Aasta Hansteen field in the northern part of the Norwegian Sea. The 6604/5-1 gas discovery was proven in Upper Cretaceous reservoir rocks (the Springar Formation) in 2018. Prior to drilling the appraisal well, the operator estimat...

Codex Integrity celebrate 10 year anniversary with over £1m in new business

Codex Integrity celebrate 10 year anniversary with over £1m in new business   Codex Integrity Limited, a global provider of asset integrity, operational support, and engineering services has moved to larger offices in Aberdeen’s Queen’s Gardens following a growth in demand for its services and contract wins in excess of £1M over the past 12 months. As Codex celebrates the company’s 10-year anniversary, the company continues to provide support to UK and...

ASCO starts new decade with significant contract extension in the North Sea

ASCO starts new decade with significant contract extension in the North Sea   ASCO, the global integrated materials and logistics management company, has been awarded a five-year extension, with options for a further six years by CNOOC Petroleum Europe Limited, a wholly-owned subsidiary of CNOOC Limited, to support all the operator’s North Sea assets. The contract, worth in excess of 100 million pounds, will see ASCO continue to provide a fully managed and integrated, logisti...

Dolphin Drilling secures North Sea deal with Wellesley Petroleum AS

Dolphin Drilling secures North Sea deal with Wellesley Petroleum AS   Global contractor Dolphin Drilling has announced it has secured a one well plus one optional well with Wellesley Petroleum AS for a programme of drilling work on the Norwegian Continental Shelf. Bjørnar Iversen, chief executive of Dolphin Drilling, said: “This agreement further strengthens our operational backlog in Norway and builds on the resurgence of Dolphin. “Dolphin Drilling is a pione...

Acquisition SETS up AquaTerra for continued offshore construction growth

Acquisition SETS up AquaTerra for continued offshore construction growth   Offshore construction and engineering specialist, AquaTerra Group, has extended its capabilities with the acquisition of the trade and assets of subsea engineering and technology business SETS. AquaTerra has a 15-year track record in delivering technically challenging engineering, construction and decommissioning projects, including caisson and conductor inspection, repair and maintenance (IRM), removal and...

Oil services giant highlights improvement in North Sea market

Oil services giant highlights improvement in North Sea market   Oil services giant Petrofac has highlighted an improvement in conditions in the North Sea after facing problems in key Middle East markets amid the fall-out from a bribery scandal.  The company, which helps firms develop and operate oil and gas facilities, said it expects revenues to fall in 2020 following low new order intake. It cited “loss of awards in Saudi Arabia and Iraq in H1”. Chief executiv...

GQS Signs Multi-Year Contract With Premier Oil

GQS Signs Multi-Year Contract With Premier Oil   GQS, a leading provider of technical, quality assurance (QA) and quality control (QC) services to the worldwide energy sector has started the new decade on a strong note after winning a major multi-year contract with Premier Oil. The contract, won following a competitive tender process, will see the UK division of GQS provide a full range of Third Party QA & QC services to Premier Oil’s on and offshore assets across the wor...

OGV Transition: Digital Leadership In Energy

OGV Transition: Digital Leadership In Energy.   Join OGV Transition for a showcase of the latest digitalisation and innovative technology impacting the energy sector, 11th March 2020, TECA, Aberdeen. Now entering its second year, OGV Energy introduces a new innovation event- OGV Transition. Following the success of Innovate 2019, OGV Transition 2020 will be a bigger and better digitalisation and technology conference and exhibition which welcomes global delegates and industry lead...

Worley Wins Mozambique Contracts from Total

Worley Wins Mozambique Contracts from Total   Total E&P Mozambique Area 1 Limitada has awarded Worley two master service agreements (MSAs) to provide services to the Mozambique LNG Project, Worley reported late last week. “We are pleased to continue providing services to the LNG development and to support one of Africa’s largest projects,” Worley CEO Andrew Wood commented in a written statement. Total serves as operator of the Mozambique LNG project, which...

Tendeka increases South America presence with addition of BD manager

Tendeka increases South America presence with addition of BD manager   Independent global completions service company Tendeka has appointed a new business development manager for South America as the company increases its support for oil and gas operators in the region. Renato Barbedo will work with operators across the continent to deploy Tendeka’s broad range of products and technologies. Mr Barbedo brings over two decades of global experience in upstream projects to the...

Zenobe Energy partners with United Utilities to bring largest battery to the UK water industry

Zenobe Energy partners with United Utilities to bring largest battery to the UK water industry   Zenobe Energy, the leading UK owner and operator of battery storage, today announces its partnership with United Utilities, the UK’s largest listed water company, in a ground-breaking move towards more resilient water operations in the future. The company will supply United Utilities with the largest battery in the UK water industry to date. The 2MW battery will connect to solar p...

First significant gas regulator innovation in decades ready for UK market

First significant gas regulator innovation in decades ready for UK market Oxford Flow’s IM valve to transform efficiency and resilience of gas network   Oxford Flow, the pressure control equipment specialist for the oil, gas, water and industrial process industries, today announces its IM valve has been approved by SGN, for use in its UK gas networks. Following a Network Innovation Allowance project with SGN, the valve is a powerful innovation in a fairly stagnant market....
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