Venture capital firm Energy Ventures鈥 has announced a multi-million pound investment in Abrado Wellbore Services and its intention of seeking investing $100m in North Sea businesses seeking growth capital or buyouts over the next 12 months鈥
Research identifying strengths and weaknesses in the oil & gas decommissioning sector will be outlined to delegates attending a new one-day event for the sector taking place in Aberdeen today.Decom 云顶赌场老虎机 2013 is being held by offshore oil鈥
Magma Global has strengthened its riser development team by appointing Simon Luffrum as Project Manager. Simon joins Magma from SRP (Subsea Riser Products) where he was Managing Director. Simon will initially head up Magma鈥檚 Taper鈥
Modus Seabed Intervention continues to demonstrate its commitment to be at the forefront of subsea technologies with the creation of a new Autonomous Underwater Vehicle (AUV) division.The North East England-based company has begun an investment programme into a planned fleet of AUV units鈥
Det Norske Oljeselskap ASA has as operator been authorized to develop the Ivar Aasen-field in the North Sea.The plan for development and operation of Ivar Aasen and Gina Krog were approved on Friday. Det Norske has a 3.3% share in Gina Krog鈥
Wintershall, the largest internationally active German crude oil and natural gas producer, announces the successful drilling of the own-operated Hibonite exploration well (5504/1-3).The Hibonite structure is located in the 5/06 license in the Danish sector of the North Sea鈥
Ocean Installer has been awarded a major Engineering, Procurement, Construction, Installation (EPCI) contract for subsea installations and tie-in operations at the Statoil operated fields Gina Krog (former Dagny) and Eirin.The total contract value is approximately USD 85 million (NOK 500 million)鈥
Maritime Developments (MDL), a leading provider of back-deck equipment for the subsea sector of oil and gas industry sector, has secured its largest contract to date.MDL, based in Peterhead and Aberdeen, will provide a 400-tonne reel drive system鈥
UK-listed exploration and production firm Premier Oil is in the process of picking two separate FPSOs for projects in the North Sea.The firm said it was out to tender on its North Sea Catcher project for an FPSO. Concept select was agreed in鈥
The offshore industry鈥檚 highest achievers were recognised at last night鈥檚 2013 云顶赌场老虎机 Achievement Awards, with Malcolm Webb, chief executive of Oil & Gas UK, picking up the Significant Achievement accolade.The 27th awards ceremony, which saw a record attendance of 530 guests鈥
In his opening address, Subsea UK CEO Neil Gordon said that the global subsea market was set to double from £20 to 40 billion over the next fi ve years. The big challenge for Subsea UK and for the subsea UK industry was how to retain one-third of that market and grow its global share鈥
Heerema Fabrication Group鈥檚 Zwijndrecht yard in the Netherlands officially started the construction of the integrated production Montrose BLP (bridge linked platform) topsides for client Talisman Sinopec Energy UK Ltd., the company announced on 21 March 2013鈥
Aberdeen-based Dana Petroleum is partnering with RWE to start drilling operations on a prospect in the Southern North Sea. The companies are targeting the Severn prospect in blocks 43/17a, 43/18a which comprises Carboniferous sandstones鈥
DeepOcean UK, a subsidiary of DeepOcean Group Holding BV, today announced that the company has entered into a long term charter of the Havila Phoenix.The vessel, equipped with 250 ton crane, will be lengthened by 15 metres prior to delivery in Q1 2014 to 125m length by 23m beam鈥
A survey of more than 900 Oil and Gas companies has revealed that they are concerned that the average wage in the industry will rise 15% this year from £64,000 to £73,600.The survey by OilandGasPeople found that 70% of oil and gas companies were worried that wages were rising too fast鈥
