• Repsol Sinopec Resources appoints new CEO

    April 3, 2020

    Jose Luis Muñoz has taken up the position of chief executive officer at Repsol Sinopec Resources UK Limited, effective as of 1 April 2020. Mr Muñoz replaces Bill Dunnett, who had been in the post since 2015 and who steps down as planned following the end of his contract on 31 March. Jose Luis Muñoz joined Repsol in 2005 and has most recently been managing director of Repsol’s UK business unit, based in Aberdeen. During that time he has also served as a member of the joint venture’s ExCom, supporting the business’s recent transformation. Muñoz said: “I am very pleased to be taking ...
  • SSI Energy offers protection advice for Covid-19

    April 3, 2020

    It is imperative that workers involved in the energy industry are supported in their efforts to keep operations running. These are the personnel who will keep the lights on in homes across the country and heating in the homes of those who really need it. According to Jules Rawles, Director at specialist medical support company SSI Energy, there are three core ways companies can help mitigate the effects of Covid-19 for their offshore personnel: #1 Implement Robust Screening Measures #2 Covid-19 Rapid Testing #3 Strategic Advice Read the full article on the SSI Energy website for more information about Covid-19 screening, testing and advice.  
  • Teekay wins Foinaven bareboat contract

    March 30, 2020

    Teekay Corporation has entered into a new bareboat charter contract with Foinaven operator Britoil Limited (a subsidiary of BP p.l.c.), for the Petrojarl Foinaven floating production, storage and offloading (FPSO) vessel. Covering up to approximately ten years, the contract will see Teekay receive an upfront payment of approximately $67 million, a nominal per day rate over the life of the contract, and a lump sum payment at the end of the period, which is expected to cover the costs of recycling the FPSO unit in accordance with the EU Ship Recycling Regulations. As part of the transaction Teekay Offshore Partners, now known ...
  • Unique Group signs exclusive agreement with OTAQ Offshore

    March 25, 2020

    Subsea and offshore solutions provider Unique Group has signed an exclusive rental agreement with UK-based OTAQ Offshore to represent OTAQ’s technology and products across the Middle East, APAC and the Americas. Providing underwater leak detection systems, laser measurement and video processing technologies, OTAQ Group supports the offshore energy, aquaculture, commercial diving, defence and oceanographic industries worldwide. The agreement will see Unique Group represent a number of industry-renowned technologies, including the OceanSENSE and DragonFish solutions, as well as OTAQ’s Eagle IP range of ethernet underwater HD cameras and IP integration infrastructure products. Read more…  
  • New acquisition strengthens ASCO’s NORM services

    March 23, 2020

    Integrated materials and logistics management company ASCO has acquired NORM Solutions, a provider of specialist cleaning, treatment and disposal services for oilfield equipment contaminated with Naturally Occurring Radioactive Materials (NORM). The acquisition reflects ASCO’s overall strategy to continually strengthen its specialist waste and decommissioning capabilities and provide its client base with a wider and fully integrated service. Established in 2012, and originally a joint venture between ASCO and John Lawrie Group, NORM Solutions will continue to operate from its state-of-the-art facility in Aberdeen, which has the capability to handle all types of NORM-contaminated equipment and waste streams for the on and offshore ...
  • Xodus sees growth in cable services

    March 23, 2020

    Energy consultancy Xodus Group has recorded a major increase in the provision of services related to subsea power cables over the last twelve months. New assignments grew by more than 50%, resulting in more than 70 active work streams in 2019. This allowed the company to increase its number of specialists in this area, and it now employs more 30 permanent staff with subsea cables experience. Xodus’ IMR team has seen a major increase in supporting subsea transmission owners in updating risk assessments for subsea power cables from early stage project bidding through operations. This is in response to ever-evolving hazards, such ...
  • Neptune Energy confirms discovery at Isabella exploration well

    March 18, 2020

    Neptune Energy has announced a hydrocarbon discovery at the Isabella exploration well in the central North Sea. The 30/12d-11 well in UK licence P.1820, was drilled by the Noble Sam Hartley jack-up to a total depth of 5,557 metres in water depths of 80m. Hydrocarbons were encountered in Upper Jurassic and Triassic sandstone reservoirs, with 64m net pay encountered, consisting of lean gas and condensate and high-quality light oil. The results of the well will be analysed to further evaluate the discovery, determine future appraisal activity and recoverable resources estimates. Read more…  
  • Tailwind submits Evelyn Environmental Statement

    March 12, 2020

    Tailwind Energy is working towards committing to development of the Evelyn field located in the central North Sea. The first phase of development will consist of a single-well subsea tie-back to the Triton FPSO, with first oil expected by the end of 2022. Prior to a full field development decision, Tailwind has prepared and submitted an Environmental Statement to the Secretary of State for Business, Energy and Industrial Strategy (BEIS). A public consultation on the plans is now underway. Tailwind will make a final investment decision on the Evelyn field in 2020, conditional upon the approval of the Statement. Read more…  
  • Rockrose drills at West Brae

    March 10, 2020

    Independent oil and gas producer Rockrose Energy has announced that the first of two infill development wells at West Brae has been completed and is delivering in line with expectations. Following completion of this well, the Noble Houston Colbert jack-up drilling rig spudded the second planned well at West Brae on 9 March. Designated WPGZ and WPOZ, the wells are designed to access over 3 million bbls of net 2P reserves and add net production of 2,500 bpd. The two infill wells form part of a wider programme of planned activity, covering seven wells over the course of 2020. The programme is ...
  • Neptune Energy appoints Alexandra Thomas as MD for UK

    March 10, 2020

    Neptune Energy has announced that Alexandra Thomas has joined the company as UK managing director, based in Aberdeen. Alexandra joins Neptune from Tullow Oil, where she most recently held the position of Head of Exploration, Development and Commercial for Ghana. With 18 years’ experience in the oil and gas sector, she has held a number of senior leadership roles in the UK, Netherlands, Norway and, most recently, in Ghana where she was responsible for both new venture exploration and development. Read more…