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North Sea Risks Becoming 'Net Drain' on UK Resources
Monday, January 09, 2017 The North Sea risks becoming a net drain on UK resources as taxpayers face a $29 billion (GBP 24 billion) bill for decommissioning oil and gas fields in the region, the Financial Times reports.

Samsung Wins Mad Dog 2 Fabrication Contract
Thursday, January 05, 2017 Samsung wins contract for BP's Mad Dog 2 platform engineering and procurement work.

Well Productivity Solution Wins Gazprom Prize
Thursday, December 29, 2016 A set of engineering solutions that produced an economic benefit of $94 million wins Gazprom's annual Science and Technology Prize.

New Scottish Decommissioning Action Plan Set Up
Thursday, December 22, 2016 A new decommissioning action plan has been launched by Highlands and Islands Enterprise (HIE) and Scottish Enterprise (SE), which aims to support Scotland's oil and gas sector.

Reports: Chevron North Sea Cancels FPSO Order
Wednesday, December 14, 2016 South Korea headquartered Hyundai Heavy Industries Co. said Wednesday a $1.8 billion order to build an offshore facility has been cancelled, according to media reports.

Aibel Secures Troll C FEED Contract
Wednesday, November 30, 2016 Oilfield services firm Aibel secures a contract for a FEED (front end engineering design) study for the installation of a new gas module on the Troll C platform, located offshore Norway.


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