SURF contractor Ceona has fallen into administration, Ernst & Young (EY) informed today.
Stuart Gardner and Alan Hudson of EY were appointed Joint Administrators of Ceona Holding Limited and Ceona Crewing Limited and Alan Bloom, Alan Hudson and Colin Dempster of EY were appointed Joint Administrators of Ceona Investments Limited and Certain UK Group companies (the Group).
Britain's North Sea oil and gas sector has shed more than 5,000 salaried jobs since late last year, the country's new Oil and Gas Authority said on Monday, putting an official figure on job losses resulting from a year-long decline in oil prices.
North Sea oil companies have been particularly hard hit by the near 55 percent decline in Brent crude prices since June 2014, as they were already facing some of the industry's highest operating costs in one of the world's most mature basins.
Maersk Oil, an oil and gas company owned by the A.P. Moller-Maersk Group, is cutting about 200 employees and will seek permission from Britain’s Oil and Gas Authority to close operations at its Janice installation. The Janice installation produces about 7,000 barrels per day from three UK North Sea oil fields. The staff cuts will affect permanent Maersk Oil employees as well as contractors.
Schlumberger, the world’s largest oilfield service company, and engineering company Cameron have announced a definitive merger agreement in which the companies will combine in a stock and cash transaction. The agreement was unanimously approved by the boards of directors of both companies.
The transaction combines two complementary technology portfolios into a “pore-to-pipeline” products and services offering to the global oil and gas industry. On a pro forma basis, the combined company had 2014 revenues of $59 billion.
TRONDHEIM, Norway – Det norske oljeselskap has brought online the second oil well at its Bøyla field in the Norwegian North Sea. It is tied back to the Alvheim FPSO via a 28-km (17.4-mi) pipeline. Bøyla is under development via subsea facilities comprising two horizontal producer wells and one water injector. The first producer came onstream – the second well initially flowed 18,000 b/d, but output from the two wells should eventually settle at around 20,000 b/d.
The aircraft flaperon recently retrieved from La Réunion has been confirmed as coming from a Boeing 777 aircraft, and Malaysian Prime Minister Najib Razak has now confirmed it belonged to the missing flight MH370.
UWILD and general hull inspections have long been performed by divers and ballast tanks have been drained to be inspected. Deep Trekker's DTG2 equipped with a Thickness Gauge allows for safer and more cost effective inspections that still keep vessels from dry-docking.
Press Release: Subsea Vision has added a forth Saab Seaeye Cougar XT to its fleet.
The 2000 metre-rated Cougar is to assist in unexploded ordnance (UXO) disposal.
The ROV is used to locate and identify UXOs, which can include excavating the seabed to see the objects more clearly. The Cougar then lays a charge alongside the UXO, ready for remote detonation from the surface Explosive Ordnance Disposal (EOD) Officer.
SubC Imaging is excited to introduce latest version of its SubC DVR software, version 5. Based on valuable input from users and a detailed analysis of the industry’s current needs, this version includes a significant number of improvements over previous versions.
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