Asset integrity management specialist XPD8 Solutions has secured more than £2.25 million in combined contract wins for work in the North Sea and Malaysia. Over a period of 12 months, XPD8 will develop the work management system, which includes asset register…
Britain's North Sea oil and gas industry faces a bleak future where more fields are likely to become uneconomic and shut in as platforms close - unless costs can be controlled, operators say. For some elderly platforms in the Northern North Sea, time is running out.
Nam Cheong Limited a leading global offshore marine player listed on the Main Board of the Singapore Exchange Securities Trading Limited and Malaysia’s largest Offshore Support Vessel builder, today announced that it has sold two Accommodation…
Aberdeen-based standby vessel operator Atlantic Offshore Rescue has secured a five-year charter with five, one year options to extend with Shell UK to support operations in the Gannet, Annasuria and the Dana Petroleum Triton Asset in the central North Sea.
Spike Exploration Holding AS (Spike) has recently signed an agreement with Tullow Oil Norge AS to swap a 15% interest in licence PL494/B/C for a 15% interest in PL722. PL722 is located in the Hoop area in the Barents Sea. The prospectivity of the PL722 acreage is very attractive…