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Sparrows Group wins Morecambe Hub contract from Spirit Energy

Sparrows Group wins Morecambe Hub contract from Spirit Energy

Sparrows Group has won a five-year contract from Spirit Energy for providing crane maintenance and lifting services for the latter’s Morecambe Hub assets in the East Irish Sea. The Morecambe Hub consists of six fields, of which three are operated by Spirit Energy for more than three decades. The North Morecambe, South Morecambe, and Rhyl […]

Sparrows Group wins five-year inspection services contract for UKCS assets

Sparrows Group wins five-year inspection services contract for UKCS assets

Sparrows Group has won a five-year contract from an undisclosed major operator in the UK Continental Shelf (UKCS) for undertaking inspection services across the latter’s assets in the region. According to Sparrows Group, the project has a couple of one-year extension options. Under the contract, the Scotland-based engineering and maintenance solutions provider will be responsible […]

Mariner oil field : Wood bags $75m contract from Equinor

Mariner oil field : Wood bags $75m contract from Equinor

John Wood Group (Wood) has bagged a three-year contract worth around $75 million from Equinor to support the latter’s operations at the Mariner oil field in the UK Continental Shelf (UKCS). Under the contract, the British energy services company will be responsible for the operations, maintenance, modifications, and offshore services on the Mariner A platform […]

Centrica strikes 15-year LNG supply deal with China’s Shenergy

Centrica strikes 15-year LNG supply deal with China’s Shenergy

British energy company Centrica has signed a binding 15-year sales and purchase agreement (SPA) for supplying 0.5 million tonnes per annum (MTPA) of liquefied natural gas (LNG) to Shanghai government-owned Shenergy Group. The agreed LNG deliveries are anticipated to begin in 2024. In January 2020, the two companies signed a heads of agreement, which is […]

Archer wins 4-yr contract extension for Apache assets in UK North Sea

Archer wins 4-yr contract extension for Apache assets in UK North Sea

Archer has bagged a four-year contract extension worth up to $100 million from Apache Corporation for providing platform drilling operations and maintenance services for certain UK North Sea fields. The fields that are part of the contract are Beryl Alpha and Bravo, Forties Alpha, Bravo, Charlie, and Delta. The oil services company said that the […]

Bahamas Petroleum Company completes merger with Columbus Energy Resources

Bahamas Petroleum Company completes merger with Columbus Energy Resources

Bahamas Petroleum Company (BPC), an oil and gas company based in Isle of Man, has completed its previously announced merger with Columbus Energy Resources following the approval of a scheme of arrangement by a UK court. Columbus Energy Resources, which is based in the UK, is an oil and gas exploration company focused on South […]

Halliburton, TechnipFMC launch Odassea subsea fiber optic service

Halliburton, TechnipFMC launch Odassea subsea fiber optic service

Oil field service companies Halliburton and TechnipFMC have introduced a distributed acoustic sensing solution for subsea wells called Odassea, which is said to help operators in executing intervention-less seismic imaging and reservoir diagnostics to bring down the total cost of ownership while enhancing reservoir knowledge. By integrating hardware and digital systems, the Odassea service is […]

BP to sell petrochemicals business to INEOS for $5bn

BP to sell petrochemicals business to INEOS for $5bn

Oil and gas giant BP has signed a $5 billion worth deal to sell its global petrochemicals business to INEOS Styrolution, a subsidiary of chemicals company INEOS, in a move to strengthen its balance sheet. The transaction is also said to help BP deliver its $15 billion divestment target a year earlier than the original […]

Core Project phase 1 in North Sea : Petrofac wins five-well contract

Core Project phase 1 in North Sea : Petrofac wins five-well contract

Jersey-based oilfield services provider Petrofac said that its Engineering & Production Services business (EPS)  has been awarded a well management contract for phase 1 of Independent Oil and Gas’s (IOG) Core Project in the UK North Sea. Phase I of the Core Project involves the development of the Southwark, Blythe, and Elgood fields in the […]

Core Project phase 1 in North Sea : Subsea 7 wins EPCI contract from IOG

Core Project phase 1 in North Sea : Subsea 7 wins EPCI contract from IOG

Subsea 7 has bagged an engineering, procurement, construction, and installation (EPCI) contract from Independent Oil and Gas (IOG) for the Blythe and Vulcan Satellites field development – which is the phase 1 of the Core Project in the UK North Sea. The scope of the contract covers the project management, engineering, procurement, construction, and installation […]

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