• Starn Group increases reach with Dynamic Air Shelters acquisition

    November 13, 2019

    Starn Group, owner of the Safehouse Habitats and Sabre Safety Services businesses headquartered in Dundee, has successfully completed its acquisition of Canada-based Dynamic Air Shelters for an undisclosed sum. The acquisition extends the group’s reach, adding bespoke, blast-resistant and environmental protection air-supported shelters to its range of products and services designed to protect our planet and people from the impact of hazardous activities. Dynamic is already an established provider of protection shelters in the USA and Canada and is making steady inroads internationally. The acquisition will allow Starn to further reach the US and Canadian markets with other products and services. Read ...
  • Antin sells Kellas Midstream to Blackrock And GIC

    November 11, 2019

    Private equity group Antin Infrastructure Partners has sold Kellas Midstream to a joint venture of BlackRock’s Global Energy & Power Infrastructure Funds (GEPIF III) and GIC. Kellas owns and operates key gas infrastructure in the UK, including the Central Area Transmission System (CATS), the Esmond Transportation System (ETS), and the Humber Gathering System (HGS). The transaction is expected to close in early 2020. Read more…  
  • Costain’s Energy business secures over £4m in contracts

    November 8, 2019

    Infrastructure solutions company Costain has secured some £4 million worth of design, engineering and consultancy contracts for the energy market which will see the Group shaping the future for sustainable operations and improved efficiencies at several UK onshore gas terminals. The awards being delivered by the Aberdeen-based team include topside modification projects for several subsea tie-backs in the North Sea, as well as providing subsea engineering support to nuclear sector projects. Other work secured involves the pre-FEED for a carbon capture usage and storage (CCUS) project that includes the onshore and offshore dimensions. Read more…  
  • Sword acquires Dataco Ltd

    November 5, 2019

    Data services provider DataCo Ltd has been acquired by Sword Group. Focused primarily on the oil and gas industry, DataCo provides information management solutions and support, helping customers reduce costs and increase efficiency through effective data management. With offices in the UK (Aberdeen), Netherlands (The Hague), Australia (Perth) and USA (Houston), DataCo will join the Sword Venture Business Unit in further developing its upstream data and IM expertise. Both parties are excited about the possibilities of this relationship, in terms of the breadth and depth of support offered to the combined customer base and the innovation that can be delivered to ...
  • Aramark recognised for exemplary standards

    November 5, 2019

    The Aramark team for the BP North Sea HQ (NSHQ) has successfully gained full HSEQ ISO accreditation across three prestigious ISO standards: ISO14001, ISO9001 and ISO45001. ISO14001 is the international standard for designing and implementing an effective environmental management system, while ISO9001 is the international standard for a quality management system. ISO45001 is the international standard for an occupational health and safety management system. These three standards are extremely important to the work Aramark teams carry out. Celebrating the accreditation, the teams were joined by BP North Sea Regional President Ariel Flores and Aramark HSEQ Director Neill Murray. Both Ariel and Neill ...
  • Stork wins EnQuest crew service contract

    October 31, 2019

    Stork, part of Fluor’s Diversified Services segment, has been awarded a five-year contract by EnQuest to provide multi-skilled deck crew services for its northern and central North Sea assets. Stork’s crew will provide services for the Heather, Thistle and Magnus platforms in the northern North Sea, and FPSO vessels in the northern and central North Sea. The five-year contract began in September and includes two one-year extension options. Its scope of work includes the provision of specialist, multi-skilled personnel including team leaders, offshore materials controllers, safety technicians, lifting operatives as well as scaffolders, deck foremen and riggers. Read more…  
  • IOG completes farm-out and FID

    October 29, 2019

    Independent Oil and Gas (IOG) has completed its farm-out transaction with CalEnergy Resources and made final investment decision on Phase 1 of its Core Project. This comprises 410 bcf of 2P+2C reserves and resources across six discovered UK southern North Sea gas fields. IOG and CalEnergy have said they will shortly be submitting confirmation of full funding to the OGA in support of the Phase 1 approval. With its experienced southern North Sea development team, IOG will also retain operatorship of the project. Read more…  
  • Well-Safe Solutions secures major investment

    October 28, 2019

    Well-Safe Solutions has secured over £66 million in new investment to fund its next phase of growth as a tier one well decommissioning company. MW&L Capital Partners led the investment round, bringing together a consortium of private investors to acquire a major stake in the business. Launched in 2017 to provide a ground-breaking approach to safe and cost-efficient decommissioning, Well-Safe now employs 70 staff and around 20 contractors. The new investment will support work to make its bespoke rig, the Well-Safe Guardian, ready for operation in the first half of 2020 and to acquire further decommissioning assets. Read more…  
  • Peterson wins Premier Oil contract renewal

    October 28, 2019

    Peterson has strengthened its relationship with independent E&P group Premier Oil after it renewed a long-term contract worth over £20 million. Peterson has worked with Premier since 2010 providing integrated logistics services to support its North Sea activity. The contract will see Peterson provide support for up to a decade, with the first five years confirmed, and an optional five year extension in addition. The scope includes co-ordinating and managing resources, capabilities and technology, and applying intelligent logistics to deliver value through increased transparency and efficiency. Read more…  
  • OGTC launches next round of TechX

    October 24, 2019

    The Oil & Gas Technology Centre (OGTC) has launched the third year of its accelerator programme, TechX, with the announcement of new industry partner Equinor. The TechX Pioneer Programme helps ambitious start-ups take their solutions to the energy market faster. 21 companies have so far graduated from the award-winning programme, supporting the development of ground-breaking technologies including a lab-on-a-chip (RAB microfluidics), machine learning seismic imaging software (Optic Earth) and a complete oil field well surveillance technology (Ai Exploration). Over the previous two years, £2.8 million has been co-invested into these pioneering companies with a further £1 million of additional investment being secured ...