N-Sea wins multi-million dollar North Sea Contracts

N-Sea wins multi-million dollar North Sea Contracts

Oceaneering awarded integrity management program for Total's Tyra Redevelopment Project

Oceaneering International, Inc. has been awarded a two-year integrity management contract with Total E&P Danmark to support its significant Tyra Redevelopment project in the Danish North Sea.

World of oil and gas

Emily Querubin, World Oil

The Huizhou 32-5 oil field comprehensive adjustment/Huizhou 33-1 oil field joint development project reportedly started production.

Petrofac secures UK well service agreement

Petrofac secures UK well service agreement

WellConnection Group signs deal on first UK acquisition

WellConnection Group, a leading Norwegian inspection, maintenance and repair (IMR) company has acquired Peterhead-based Independent Oilfield Services (IOS) in a deal which marks their entrance into the UK market.

CNOOC reports discovery on Glengorm prospect, offshore UK

CNOOC Limited reported a new discovery on the Glengorm prospect, located in offshore UK Central North Sea.

Wild Well Control has expanded its Montrose Facility, UK

Wild Well Control, a Superior Energy Services well control and engineering services company, has announced the expansion of its Montrose facility at South Ferryden, UK.

Faroe, Shell and Spirit partner in Edinburgh

Faroe Petroleum, the independent oil and gas company focusing principally on exploration, appraisal and production opportunities in Norway and the UK, is pleased to announce its partnership with subsidiaries of Royal Dutch Shell plc and Spirit Energy Limited following the award of PL 969 in the recent APA licensing round with the intention to advance the large, cross-border Edinburgh prospect towards a drill decision during 2019.

Equinor completes acquisition of the UK Rosebank project

Equinor and Chevron have completed their transaction announced in October 2018, whereby Equinor has acquired Chevron’s 40% operated interest in the Rosebank project in the West of Shetland region of the UK Continental Shelf.

Scottish global hub aims to transform decommissioning

The National Decommissioning Centre (NDC), a global technology R&D hub, is today opened by Lord Duncan, UK Government Minister for Scotland and Paul Wheelhouse MSP, Scottish Energy Minister, in Newburgh, in North-East Scotland’s Energetica Corridor.

Tendeka secures AICDs contract to boost oil recovery in Middle East

Independent global completions service company Tendeka has secured a further multi-million-pound contract with a major national oil company in the Middle East.

DNO offer fails to secure sufficient acceptances, moves to mandatory offer

The board of Faroe notes the announcement by DNO ASA on Jan. 3, 2019 that it has received acceptances of its unsolicited offer for the entire issued and to be issued share capital of Faroe not already owned by DNO at 152p per share in cash of 48, 986, 566 Faroe shares, representing approximately 13.1% of the existing issued share capital of Faroe.

Oceaneering wins new North Sea inspection contract from Petrofac

Oceaneering has secured a three-year provision of inspection enactment services contract with Petrofac’s engineering and production services division in the Western Hemisphere, growing its asset integrity portfolio within the UK Continental Shelf.

TWMA secures major contract with Neptune Energy

Specialist drilling waste management company, TWMA, has secured a seven-figure contract with leading independent exploration and production company, Neptune Energy.

Premier Oil said to eye bid for Chevron's UK North Sea assets

Premier Oil Plc is considering a bid for a package of North Sea oil and gas assets put on the block by U.S. oil major Chevron Corp. that’s worth about $2 billion, according to people familiar with the matter.

Siccar Point Energy increases existing reserves-based lending facility

Siccar Point Energy has signed an agreement with its existing syndicate of banks to increase and extend its existing Reserves Based Lending Facility (“RBL”).

Companies in the news

Michele Cowart, World Oil

Companies in the news

What industry leaders expect for 2019

Kurt Abraham, World Oil

By all measures, most of 2018 has been an improvement on 2017, which was markedly better than 2016.

Equinor completes sale of non-core asset on UKCS

Equinor completes sale of non-core asset on UKCS

Well-Centric has acquired Simmons Edeco Europe

Well-Centric, a FrontRow Energy Technology Group company, has announced the acquisition of Simmons Edeco Europe from its Canadian owner.