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2H Offshore awarded Johan Sverdrup contract

2H Offshore, an Acteon company, has been awarded a contract by Statoil for tieback conductor, platform conductor and surface riser engineering analysis on Johan Sverdrup field in the Norwegian sector of the North Sea.

OMV names Wintershall’s Rainer Seele as new CEO

The supervisory board of OMV Aktiengesellschaft has appointed Rainer Seele as the new chairman of the executive board and CEO of OMV. Seele has accepted the appointment.

Norway has no plans to support oil prices by cutting production

Norway has no plans to reduce output to support crude prices after they plunged 50% in the last nine months.

Norway to investigate fire on-board Knarr field FPSO

Petroleum Safety Authority (PSA) Norway has decided to initiate an investigation following a fire involving the generation of fumes on the Petrojarl Knarr FPSO.

C&J Energy and Nabors Industries complete combination transaction

HAMILTON, Bermuda -- C&J Energy Services, Inc. and Nabors Industries Ltd. have completed the combination of C&J with Nabors' completion and production services business.

Turkish Petroleum expands its Paradigm software portfolio with Reverse Time Migration

Paradigm has announced that Turkish Petroleum (TP), the national oil company of the Republic of Turkey and a long-time Paradigm customer, has added Paradigm Reverse Time Migration (RTM) to its product portfolio.

Goliat’s oil spill detection capabilities boosted by new agreement

International oil spill player Aptomar has entered into a service agreement with Hammerfest-based maritime electronics company O.M. Rønning Skipselektronikk to further enhance oil spill detection and combating capabilities at Eni Norge’s Goliat field.

Sterling Energy appoints Eskil Jersing as CEO

Sterling Energy has appointed Eskil Jersing as CEO and a director of the company; the appointment is effective immediately.

OneSubsea delivers world's first subsea multiphase compressor to Statoil

OneSubsea, a Cameron and Schlumberger company, has delivered the world’s first subsea multiphase compressor to Statoil for Gullfaks South field in the North Sea.

Polarcus awarded 3D project offshore UK

Polarcus Limited has signed a Letter of Intent with an undisclosed client for a 3D marine seismic project on the UKCS utilizing Polarcus' RightBAND technique for broadband data acquisition.

Ending U.S. oil export ban holds economic, geopolitical benefits, Murkowski says

U.S. Sen. Lisa Murkowski, R-Alaska, has stressed the economic and national security benefits of ending the 1975 federal ban on exporting domestically produced crude oil at a hearing before the Senate Energy and Natural Resources Committee.

Schlumberger launches new ultrahigh-temperature drilling technologies

Schlumberger has announced the launch of TeleScope ICE ultrahigh-temperature measurements-while-drilling service and PowerDrive ICE ultrahigh-temperature rotary steerable system (RSS).

Cost cutting must not hinder safety improvements, PSA Norway says

Dramatic changes may be affecting Norway’s oil and gas sector, but Petroleum Safety Authority (PSA) Norway director-general Anne Myhrvold makes it clear that savings must not affect continuous safety improvements.

UK North Sea tax break a ‘very positive step,’ Enquest CEO says

Enquest Plc, a producer of oil and gas in the North Sea, said the UK’s decision to offer tax cuts to operators in the region was a “very positive step” that will help counter a collapse in prices for the fuel.

Statoil plans four wells in Russia amid sanctions

Statoil plans to drill four wells in Russia with state oil company OAO Rosneft, showing Norway’s biggest energy producer is deepening its involvement in the country against the backdrop of international sanctions.

North Sea seeks help as investment slumps

LONDON (Bloomberg) -- The North Sea, which brought upheaval to global oil markets in the 1980s just as shale has in this decade, is desperately seeking tax relief in Wednesday’s British budget.

Poland may have more tight gas than proven conventional reserves

WARSAW (Bloomberg) -- Poland’s estimated recoverable reserves of so-called tight gas are probably higher than its proven conventional deposits of the fuel, according to the Polish Geological Institute.

Nexen to cut about 400 jobs in response to oil slump

CALGARY, Alberta -- Nexen Energy, a wholly owned subsidiary of China’s CNOOC, has announced organizational changes that will reduce the company’s workforce by about 400 employees.

NUTECH signs alliance with UKOG

NUTECH has signed an alliance and consulting services agreement with London listed UK Oil & Gas Investments (UKOG).

3D study charts the size, shape of North Sea workers

The changing shape of North Sea offshore workers over the last three decades is revealed in the findings of a ground-breaking high-tech study just concluded in Aberdeen.