Sembcorp Marine (SMOE) acquires, from Smulders Group, SLP Engineering Limited (SLP) based in Lowestoft, UK.SLP will be renamed Sembmarine SLP Limited (Sembmarine SLP) and will be held through newly incorporated company Sembmarine North Sea Limited (Sembmarine North Sea)…
Technip awarded a five-year sub-sea Inspection, repair and maintenance contract by ConocoPhillips U.K.Technip has been awarded a five-year inspection, repair and maintenance (IRM) frame agreement contract by ConocoPhillips (U.K.) Limited for various assets in the Central…
CNOOC Limited (SEHK: 00883, NYSE: CEO) and Nexen Inc. (TSX: NXY, NYSE: NXY) announced today that they have entered into a definitive agreement under which CNOOC Limited will acquire all of the outstanding common shares of Nexen for $27.50 per share in cash…
Offshore drilling activity on the UK Continental Shelf (UKCS) rose 64% during Q2 2012 compared to the same period last yearWorld Oil informs that industry figures in a Deloitte report documents drilling and licensing across North West Europe between April 1 and June 30…
Barclays says return of industry confidence brings multi-million dollar deals in UK & US. The oil and gas team in the Barclays Corporate Banking division has announced it has been involved in deals providing funding for acquisitions and…
North Star Shipping, a division of the family-owned global shipping and energy services firm The Craig Group, has been awarded a major new contract with Talisman Energy (UK) Ltd. Under the contract the company, which provides offshore support vessels to the industry…
“Despite a long-term decline in oil & gas production in the North Sea, its services and support industry has a bright future,” said John Westwood, Chairman of energy business advisors Douglas-Westwood, in Aberdeen this week.Addressing a major…
Gulfstream Services International (Gulfstream), provider of cutting edge equipment to the international oil and gas industry, is launching a world-first fully-automated wireless cement head to the UK market at Offshore Europe today.Gulfstream…
North Star Shipping, a division of the family-owned global shipping and energy services firm - Craig Group, has secured in excess of £20 million in new business and the renewal of existing contracts.The company which provides offshore support…
cutThe Finnish Ambassador for the UK recently visited PD Ports owned Teesport, to see the facility’s latest cranes, purchased from a Finnish manufacturer.As part of his tour of north-east England and Edinburgh, Ambassador Pekka Huhtaniemi visited the port with his wife…
Safety specialist Survival Craft Inspectorate wins multimillion-pound Shell contract. Aberdeen-based marine safety specialist Survival Craft Inspectorate has secured a multimillion pound contract to supply and service life-saving equipment in Shell’s Southern North Sea sector…
Decom North Sea (DNS), the offshore oil & gas decommissioning forum, has commissioned research into the future labour and skills requirements for the growing decommissioning sector to try to alleviate predicted skills shortages in future.With…
Svitzer UK and Sanderson Maritime have launched Seatel, a North Sea barge with a 70 bedroom hotel module offering a comfortable, stable platform and high quality accommodation at half the cost of current market alternatives. Designed for anchorage in deep-sea locations…
According to a Nov. 6 report from The Press and Journal, Scottish businessman, Sir Ian Wood, said the North Sea oil and gas industry could be the saviour of the UK economy and haul the country out of its massive debt. Sir Ian, chairman of Aberdeen-based global energy service business Wood Group…
International oilfield service company Expro has been awarded a multi-million pound contract by Apache North Sea Ltd in the UK North Sea following completion of a competitive tender process.The contract, worth approximately $7.5m annually…