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On 30 December 2016 Statoil and Wintershall Norge completed their previously announced transaction, whereby Statoil has acquired Wintershall’s 25% interest in the Byrding project on the Norwegian Continental Shelf (NCS).
Healthcare and medical solutions company Iqarus has launched a new training centre for offshore medics, emergency response teams and people who work in remote and challenging environments.
Pan Petroleum Gabon B.V. has entered into a Memorandum of Understanding with BW Energy Gabon Pte. Ltd. (BWEG).
Gullfaks is a prime example of the best that this industry has achieved in Norway.
Troll B has produced 1 billion bbls of oil equivalent since it came on stream on 19 September 1995. Troll B and C combined have been the largest oil producer on the Norwegian continental shelf for the last three years.
The Norwegian Petroleum Directorate has granted Statoil Petroleum AS a drilling permit for well 16/2-22 S, cf. Section 8 of the Resource Management Regulations.
President Barack Obama has permanently banned offshore oil and gas drilling in the 'vast majority' of US-owned northern waters in a move to protect the region from the upcoming Donald Trump administration.
The contract, managed out of Aberdeen, covers the provision of marine warranty and assurance services in support of ENGIE’s operations across the UKCS.
The funding will enable the firm to carry out extensive research and development activity and perform a full feasibility study into the advancement of underwater 3D modelling technology.
Each agreement has a contractual duration of three years with an option on each to extend for two additional years.
The Board of Aberdeen Harbour has announced that its plans to expand facilities into Nigg Bay, to the south of the existing harbour, are to become a reality.
Aberdeen-based AISUS Offshore has made significant progress in growing its global footprint following the award of 15 contracts and work scopes over the past three months.