This week will see 11 Scottish oil and gas firms visit Subsea Asia 2014 (June 11 – 13) to explore opportunities in the rapidly emerging subsea sector. Malaysia has long been one of Asia’s most important oil and gas hubs since oil was first discovered off the coast of Sarawak in 1910. However, much of the exploration and production activity has occurred in shallow waters.
Offshore catering group Trinity International was hit by clients tightening their belts, affecting turnover and profits in its most recent financial year.
In the Hollywood blockbuster Armageddon, silver screen heavyweight Bruce Willis leads a group of misfit drillers into space. Their mission is simple - use the techniques they’ve mastered on earth to save the planet from an asteroid the size of Texas.
A novel subsea load carrying and deployment system based on a large payload-carrying, remotely operated vehicle has been developed by UK company Deep Blue Engineering of Hereford.
Russian authorities have released the Greenpeace ship involved in a high-profile protest against drilling for oil in the Arctic, the campaign group said.
A young dad who died while hundreds of feet underwater had complained that the equipment around his neck was too tight before embarking on a dive, a court heard yesterday.
French energy giant GDF Suez has handed out a five year, multi-million pound contract to Sentinel Marine to provide an Emergency Response & Rescue Vessel (ERRV) to support drilling operations in the Southern North Sea.
A faulty blowout preventer and weaknesses in how firms analyse potential hazards offshore contributed to BP’s deadly Gulf of Mexico oil spill more than four years ago, the US Chemical Safety Board (CSB) said yesterday.
Statoil ASA, Norway’s biggest oil company, is preparing to deepen cuts to investment, operating expenses and staff in a bid to generate an extra $5billion of cash a year.
Offshore drillers are facing a softening market with credit implications linked to asset quality and financial flexibility, according to Fitch Ratings.
Independent Oil and Gas (IOG) has pushed back the date for the planned Blythe gas plant launch following delays in the surveying stage of the development.
Norway’s government and the opposition reached a compromise to start electrification of three North Sea oil fields by 2022, a plan they say will avoid a delayed start to the country’s biggest offshore find in decades.
Alan Curran has become the new chief executive of Bridge Energy and will oversee a £300million UK offshore spending spree.
Mr Curran, who was formerly the chief oper