New News information at Offshore Technology New and updated information from News listed on en-us New News information at Offshore Technology Atkins receives structural integrity services contract from Chevron North Sea Atkins has been awarded a three-year framework contract by Chevron North Sea for structural integrity services at certain fixed and floating platforms in the UK North Sea. Mon, 23 Jan 2017 00:00:00 GMT OneSubsea to supply subsea production system for Utgard field in North Sea Schlumberger company OneSubsea has secured a contract to supply the subsea production system for Statoil’s Utgard gas and condensate discovery in the North Sea. Mon, 23 Jan 2017 00:00:00 GMT UK Oil & Gas secures extension for P1916 licence in offshore Isle of Wight UK Oil & Gas Investments (UKOG) has announced that its subsidiary UKOG Solent has been granted a one-year extension to the initial term for its offshore P1916 licence by the Oil and Gas Authority. Mon, 23 Jan 2017 00:00:00 GMT M&As this week: Aker ASA, Subsea 7, EnerMech Aker ASA plans to dispose its stake in Aker Solutions ASA, according to sources familiar with the matter. Fri, 20 Jan 2017 00:00:00 GMT Deals this week: INPEX, Krewe Energy, Pancontinental INPEX Corporation, through its wholly-owned subsidiary Japan Oil Development Co., Ltd. (JODCO), has entered an agreement with Abu Dhabi National Oil Company (ADNOC) for the acquisition of an additional 28% stake in Umm Al Dalkh oil field. Fri, 20 Jan 2017 00:00:00 GMT Elsevier adds over one million figures and tables to Geofacets Elsevier, a scientific, technical and medical information provider, has announced the addition of more than one million new figures and tables to Geofacets, its premier information solution for academicians and geoscientists working in oil and gas co… Fri, 20 Jan 2017 00:00:00 GMT Broadland Radiators builds two radiators for Culzean field in North Sea Broadland Radiators has developed two customised radiators to aid cool generator sets, which are to be deployed at the Culzean gas field located in the North Sea. Fri, 20 Jan 2017 00:00:00 GMT Oil prices improve as IEA indicates tightening of global market Oil prices have risen following a temporary dip as the International Energy Agency (IEA) announced international oil markets have already started tightening even before production cuts by OPEC and non-OPEC countries materialises. Thu, 19 Jan 2017 00:00:00 GMT DEA wins two licences in Norwegian Continental Shelf DEA has secured two new licences from the Norwegian Ministry of Petroleum and Energy under the 2016 Awards in Predefined Areas (APA 2016). Thu, 19 Jan 2017 00:00:00 GMT UKEF to provide $400m for Ghana offshore project UK Export Finance (UKEF) is to issue $400m in funding to support GE Oil & Gas's contract for Ghana's Offshore Cape Three Points Project (OCTP). Thu, 19 Jan 2017 00:00:00 GMT Oil prices drop due to anticipation of US production increase Oil prices have fallen after a day of high gains, over the possibility that US producers may increase crude production. Wed, 18 Jan 2017 00:00:00 GMT Statoil’s Utgard and Byrding fields receive development approval Statoil has announced that its development and operation plan has been approved by authorities for the Utgard and Byrding fields in the North Sea. Wed, 18 Jan 2017 00:00:00 GMT New Zealand Oil & Gas increases stake in Cue Energy New Zealand Oil & Gas has increased its interest to 50.01% in subsidiary Cue Energy Resources, a regional energy company focusing in South East Asia and Australia. Wed, 18 Jan 2017 00:00:00 GMT Inpex and Adnoc to extend deal for Abu Dhabi offshore oilfields Japanese oil company Inpex and Abu Dhabi National Oil Company (Adnoc) have agreed in principle to extend the joint development of Satah and Umm Al Dalkh oilfields in the United Arab Emirates offshore area. Tue, 17 Jan 2017 00:00:00 GMT Independent Oil and Gas gains disused pipeline in Southern North Sea UK-based Independent Oil and Gas has signed memorandum of understanding (MoU) to acquire a 100% interest of the currently disused pipeline in the Southern North Sea for a nominal consideration. Tue, 17 Jan 2017 00:00:00 GMT Oil prices gain as Saudi Arabia restates its commitment to cut output Oil prices traded higher as Saudi Arabia reaffirmed its commitment to reduce production in accordance with the Organization of the Petroleum Exporting Countries' (OPEC) decision to cut oil output. Tue, 17 Jan 2017 00:00:00 GMT Inpex installs subsea infrastructure at Australia's Ichthys Field Inpex has announced the successful installation of subsea infrastructure and equipment that would extract gas and condensate from Ichthys Field in Browse Basin, offshore Australia. Mon, 16 Jan 2017 00:00:00 GMT Oil prices fall as US production expected to increase this year Oil prices have dropped as investors begin to doubt whether OPEC countries will decrease output as expected under the deal. Mon, 16 Jan 2017 00:00:00 GMT ExxonMobil makes oil discovery offshore Guyana US-based ExxonMobil has made a second oil discovery from its Payara-1 well in offshore Guyana. Mon, 16 Jan 2017 00:00:00 GMT UK's Faroe Petroleum starts Boné exploration well in Norwegian Barents Sea UK-based oil and gas company Faroe Petroleum has announced the start the Boné exploration well 7318/12-1 in the western part of Norwegian Barents Sea. Fri, 13 Jan 2017 00:00:00 GMT