THREE60 Energy secures a Spirit Energy contract

THREE60 Energy, through its Step Change Engineering (part of THREE60 Energy Group) division, has been awarded an engineering and support services contract to provide minor modification and repair services for Spirit Energy’s UKCS assets.

JOG signs an agreement with Equinor

Jersey Oil & Gas (JOG), an independent upstream oil and gas company ‎focused on the UK Continental Shelf (UKCS) region of the North Sea, announced that Equinor has elected not to exercise the three month option which was granted by the Company over a 50% equity interest in respect of Blocks 20/5a and 21/1a (the Buchan Blocks), which contain the Buchan oil field and the J2 oil discovery.

Lloyd’s Register secures 2 major UKCS projects

Lloyd's Register has recently secured 2 of the 4 major UKCS projects recently tendered by the Oil & Gas Authority (OGA) for the UK Continental Shelf (UKCS).

First OGIC projects coming on stream

The newly established Oil & Gas Innovation Centre (OGIC) in Aberdeen revealed that it has its first approved and funded projects coming on stream and is in discussion with more than 50 companies regarding technology development opportunities during its official launch hosted by Hydro Group.

O&G operators hold off investments in North Sea

Oil and gas operators may be sitting on new investment decisions until the future of the North Sea becomes clearer, according to the latest report from business advisory firm Deloitte. The report, which details drilling, licensing and deal activity across North West Europe over the third quarter of 2014, was compiled by Deloitte’s Petroleum Services Group (PSG) and found that four deals were announced offshore UK.

DNV GL launches new subsea section in Aberdeen

DNV GL has created a new subsea team to increase the company’s ability to respond to the rapidly growing subsea sector.

ATR lands UKCS Distribution Deal

ATR has signed a UKCS partnership WireCo WorldGroup, opening up major market expansion opportunities for the companies. ATR is a leading energy equipment services business, and WireCo WorldGroup is an industrial wire and rope product manufacturing giant.