Industry response to UK Spring Budget statement
UK Chancellor, Philip Hammond, has announced possible tax incentives for the oil and gas industry. A selection of industry commentators give their verdict.
Browse the latest offshore news news and articles.
UK Chancellor, Philip Hammond, has announced possible tax incentives for the oil and gas industry. A selection of industry commentators give their verdict.
Chevron has announced that its subsidiary, Cabinda Gulf Oil Company (CABGOC) Limited, has commenced oil and gas production from the main production facility of the Mafumeira Sul project offshore Angola.
SNC-Lavalin has announced that its wholly owned subsidiary Kentz Overseas Company WLL has been awarded a five-year commissioning support services framework agreement by Petroleum Development Oman (PDO).
Global Maritime Consultancy & Engineering, a leading provider of marine warranty, dynamic positioning and engineering services to the offshore sector, has appointed Stavanger local Espen Thomassen as Regional Manager for the Americas.
Aberdeenshire-based ROV solutions provider, Aleron Ltd has boosted its international credentials, with the announcement of two contract wins in the North Africa region for its group companies, Aleron Subsea Ltd and ROVQUIP Ltd.
Erin Energy Corporation has announced the execution of a drilling services contract with Pacific Drilling for use of the Pacific Bora drilling rig.
Polarcus Limited has announced that the company has finalised a contract for 3D marine seismic acquisition in Australia.
Lundin Petroleum AB has announced that its wholly owned subsidiary Lundin Norway AS has commenced appraisal drilling on the Edvard Grieg field and the Gohta discovery.
Aker BP ASA (Aker BP) is the operator of the Volund field, in the North Sea, around 220 km west of Tananger in Rogaland county. Volund is an oil field that has been developed using a subsea facility tied back to the Alvheim FPSO unit.
Global energy services company Proserv has launched a new subsea sampling cylinder that can improve the quality of results and reduce risks normally associated with sample transfer.
Wood Group recently completed the seven month front end engineering design (FEED) for Noble Energy’s Leviathan Field Development Project in the Eastern Mediterranean Sea and has started the detailed engineering for the platform.
Sentinel Marine, Aberdeen-headquartered provider of offshore support vessels, has secured new contracts and extended existing contracts to the combined value of £17 million in the first months of 2017.