Geoscience firm Spectrum has started the acquisition of a new seismic survey in the Barents Sea as part of the ongoing Norwegian 24th licensing round. The new Norsel High 3D acquisition comprises a minimum of 1600sq km, covering four blocks that are included in the round…
A drill stem test (DST) on the Brasse well in the Norwegian North Sea has shown high flow rates and excellent reservoir properties, says UK-based independent Faroe Petroleum. The Brasse appraisal program will now continue with the drilling of a side-track well…
Wood Group has secured a US$6 million contract with Woodside to support the execution of phase two of their Greater Western Flank (GWF-2) project, on the North West Shelf (NWS), offshore Western Australia. Effective immediately, Wood…
Wood Group has made changes to its executive leadership team. Andrew Stewart has been appointed chief executive officer (CEO) of the asset life cycle solutions (ALCS) business in the Western region and Michele McNichol has been appointed to the new role of executive president – integration…
Wood Group was awarded a multi-year contract from Karoon Petróleo & Gás to provide owner’s engineering services to support the full field development for the Echidna field offshore Brazil marking the first project between the two companies…
Polarcus has signed a heads of agreement with Russia's SCF GEO AS (Sovcomflot) to charter a vessel on bareboat terms with delivery scheduled for March 2017, a deal that comes with an option for Sovcomflot to buy the vessel. Image of the Polarcus Nadia…
Wood Group and Heerema Fabrication Group (HFG) have signed a Memorandum of Understanding (MOU) for joint efforts to offer wellhead platform development, from design to installation, hook-up and commissioning, to clients on the Norwegian Continental Shelf (NCS)…
Subsea cable and connector specialist Hydro Group appointed William (Bill) Mildon as president of newly formed Hydro Group Systems Inc. - a wholly owned subsidiary located in Pinellas County, Florida. Image of Mildon…
Wood Group has signed a collaborative agreement with the Canadian technology company Librestream Technologies. The two companies will work in an exclusive industry-specific partnership to provide advanced business solutions for operations…
UK-based engineering firm Wood Group has been awarded a multimillion dollar contract to provide detailed engineering and design, and procurement services on the development of the Peregrino field wellhead platform C, offshore Brazil. Wood…
Saudi Aramco made five new oil and gas field discoveries, including one offshore field, and continued its exploration in the Red Sea in 2015. The Kingdom now has a total 134 discovered oil and gas fields. One of the latest was the Faskar offshore field…
Malaysia’s Petronas is following through with its plans to reorganize its organization in an attempt to be more resilient to the low oil price environment, which will lead to the company to appoint new leadership, and cut nearly 1000 jobs…
Wood Group has established a collaborative agreement with international engineering consultancy, Magma Products to extend its existing commissioning service. Headquartered in Aberdeen and specializing in the field of commissioning and start-up…
ABS Group subsidiary Genesis Technology Solutions has been awarded a contract by Golar LNG to develop an intelligent maintenance strategy for the company’s new fleet of floating LNG (FLNG) vessels utilizing the GoFLNG floating liquefaction technology…
Wood Group has been awarded a new contract by PetroRio to deliver services to the Polvo A platform, in the southern Campos basin, approximately 100km off the coast of Rio de Janeiro. Integrated operations and maintenance services will be provided by Wood Group PSN under the two year contract…
