Energy Voice | Wood ‘on track’ for growth in 2018

Energy service giant Wood said it was on track to deliver growth in 2018 as the oil market shows early signs of a recovery. The Aberdeen-headquartered firm said it expected to deliver first-half revenues of £3.89-3.97 billion and Ebita in the range of £190-199 million. The company reported a revenue of £2.33bn for the first […]

Energy Voice | Petrofac scoops New Zealand well management contract

Oilfield services company Petrofac today announced a new well project management contract from New Zealand firm Tamarind Taranki. The deal will see Petrofac provide well project management services for Tamarind’s Tui Phase 3 drilling project in New Zealand’s North Island. According to the oilfield firm, Petrofac will also provide detailed well design and planning, subsea support, HSE […]

Energy Voice | Exclusive: Total workers ‘angered’ by BBQ plans

A group of Total employees are understood to have reacted angrily to the firm’s plans to hold a barbecue while they are locked in a dispute over rotas. In an “open letter”, they called next week’s event “crass and totally misplaced” and said their morale was “in the gutter”. John Boland, regional officer at the […]

Energy Voice | Chevron and Exxon courted by fracking firm Sonatrach

Algeria’s energy industry is open for business. That’s the message the head of the country’s state-owned oil and natural gas company is taking to majors like Exxon Mobil Corp. and Chevron Corp. as Algeria looks to attract more foreign investment to help it tap its rich shale reserves. Sonatrach first met with Exxon about a […]

Nexans Umbilicals for Equinor’s Askeladd

Nexans has been awarded a contract by Equinor to provide umbilicals with power, fiber-optic and hydraulic elements for the next stage of the multi-phased Snøhvit development. Nexans will design, manufacture and supply a total of 42 kilometers of static infield and interfield umbilicals to control the subsea production systems. The Askeladd development, […]

Energy Voice | Carbon capture back on agenda

Carbon capture and storage is back on track for a full-scale scheme to open in the 2030s, according to the UK Government. The north-east was dealt a major blow when £1 billion plans for a carbon capture & storage (CCS) plant at Peterhead were dumped by then-chancellor George Osborne in 2015. Now, plans for another […]

Imenco Takes Over Kongsberg’s Subsea Cameras Business

Kongsberg Maritime has entered into an agreement to sell its business within subsea cameras and harsh environment CCTV systems to Imenco. Imenco is a technology company within design, development and manufacture of helicopter fuel systems, diving systems, lifting and handling products and subsea cameras. The company was established in 1979 and is […]

Energy Voice | Neptune Energy to buy Norwegian oil producer

Neptune Energy Group has clinched a deal to buy Norwegian oil and gas producer VNG Norge. London-headquartered Neptune is acquiring the firm from VNG AG, a German natural gas wholesaler and energy service provider. The purchase is expected to go through this year. VNG Norge has 42 licences, five producing fields and three development projects, including […]

Seabed Geosolutions in New GoM OBN Seismic Surveys

Seabed Geosolutions has been awarded a series of 4D ocean bottom node (OBN) seismic monitoring surveys over multiple oil and gas fields in the U.S. Gulf of Mexico. The surveys, with a duration of around two months, subject to final scope of work, will start in the third quarter of 2018. Stephan […]