• DNV GL survey finds uptick in UK sector confidence

    January 22, 2019

    New research from DNV GL suggests that the UK oil and gas sector’s resilience to volatile market conditions will be put to the test in 2019, as business leaders expect the industry to commit to greater investment to meet hydrocarbon demand. According to ‘A test of resilience,’ DNV GL’s ninth annual report on the outlook for the industry, confidence in the outlook for the UK sector has increased nearly fourfold in two years, from 18% to 71%. Two-thirds (67%) of its senior oil and gas professionals also believe that more large, capital-intensive oil and gas projects will be approved this year. A similar ...
  • Peterson wins new contract with Repsol Sinopec

    January 21, 2019

    Logistics provider Peterson has been awarded a new long-term integrated logistics contract to service Repsol Sinopec Resources UK. The contract sees Repsol Sinopec transitioning its marine and quayside operations from Peterhead to Aberdeen, with integrated supply base, logistics, transport and warehousing operations being provided from Peterson’s Aberdeen Operations Centre. This contract, together with increased activity from existing clients, has led to significant increases in tonnage volumes across Peterson’s Aberdeen quayside operations with the company handling record annual tonnage. The increased work has seen the company add over 30 staff, increase its transport fleet and take on operation of additional warehousing. Read ...
  • Emerson launches automation training platform

    January 18, 2019

    Emerson has introduced the Performance Learning Platform – a portable and compact automation training solution that enables hands-on training to prepare workers to maintain plant safely and efficiently. The Platform features a complete working control loop piping system, tanks, pumps and a fully scalable suite of Emerson instrumentation and final control valves, linked to a DeltaV distributed control system. It provides process control and instrumentation simulation to train or refresh workers on how to monitor and control complex operations involving pressure, flow, level and final control valves. Read more…  
  • READ Cased Hole signs agreement with Advanced Logic Technology

    January 17, 2019

    READ Cased Hole has signed an exclusive agreement with Advanced Logic Technology (ALT) to develop and bring to market the company’s ABI-43 acoustic borehole imaging technology. ABI-43 has delivered improved productivity and data integrity in many mining applications, and READ will now develop the solution for the oil and gas market. Over the coming months, READ will work in close partnership with Luxembourg-based ALT to test and characterise the tool, which will ultimately offer an innovative and cost-effective solution for downhole casing and cement evaluation. One of the most compact tools of its kind, applications will include cement evaluation, casing inspection, corrosion ...
  • Attollo launches Aberdeen Innovation Incubator

    January 15, 2019

    Marine operator Attollo Offshore has announced the launch of an Aberdeen-based Innovation Incubator – a dedicated team comprised of operational and academic expertise aimed at accelerating the digital transformation of offshore operations. The Incubator reflects the company’s strategy of continued research and development into improving offshore marine operations and will explore new solutions including automation, data analytics and artificial intelligence. Attollo also plans to go beyond technology and data into human and ethical insights, identifying how the modern workforce can better engage with technology and enhance human capability in the offshore environment. Read more…  
  • Augean wins major decommissioning contract with Shell

    January 14, 2019

    Augean North Sea Services (ANSS) has secured a major decommissioning contract with Shell to provide industrial cleaning, NORM decontamination and waste management services for the Curlew FPSO. Completion of these services will enable final dismantling, recycling and disposal of the vessel to take place, ensuring environmental compliance. Curlew will be berthed in Forth Port’s Dundee site, where ANSS has recently developed a major decommissioning and decontamination facility. The contract will see the company work in collaboration with Forth Ports, Bilfinger Salamis and other tenants of the Port of Dundee. Read more…  
  • Equinor completes acquisition of Rosebank project

    January 11, 2019

    Equinor has completed the acquisition of Chevron’s 40% operated interest in the Rosebank project, west of Shetland. The terms of the deal were not disclosed. First announced in October 2018, the acquisition of Rosebank strengthens Equinor’s UK upstream portfolio, which also includes the Mariner development – expected to start commercial production during the first half of 2019. Read more…  
  • Tendeka secures AICD contract in Middle East

    January 10, 2019

    Global completions service company Tendeka has secured a multi-million-pound contract with a major national oil company in the Middle East. The agreement will see the Aberdeen-headquartered company provide reservoir modelling and the installation of its FloSure Autonomous Inflow Control Devices (AICDs) to boost production and improve reservoir performance in several mature fields. Read more…  
  • ONE, Dyas agree upstream merger

    January 8, 2019

    Oranje-Nassau Energie (ONE) and SHV Holdings have reached an agreement on the merger of their upstream energy businesses, forming a combined entity called ONE-Dyas. ONE-Dyas will be a prominent, North Sea-focused independent operator, the companies said, with 2019 gas and oil production of some 35,000 boe per day. ONE’s parent company, ONH, will own 51% of the shares in ONE-Dyas and SHV 49%. The merging of activities is subject to regulatory approval, with the transaction expected to be completed during the first half of 2019. Read more…   
  • Kishorn Port secures first major contract

    January 7, 2019

    Kishorn Port Ltd (KPL) has landed its first major contract and will now host the largest semi-submersible offshore drilling rig in the world – the Ocean GreatWhite – in early 2019. Owned by drilling contractor Diamond Offshore, the 60,800-tonne vessel requires deep water for anchoring, with Loch Kishorn providing ideal sheltered conditions. During its station, the rig will be made ready for its drilling program, with marine agency and stevedoring support from Ferguson Transport and Shipping. It is then slated to begin a drilling contract in the North Sea early in 2019. KPL was created as a joint venture between and Leiths ...