Offshore lifting products and services related firm Sparrows Group has won a five-year deal with Abu Dhabi Marine Operating Co. (ADMA-OPCO) in the Middle East. The successful retender through the company’s local partner, Abu Dhabi Oilfield Services…
A new super complex at the heart of the future development of the Nasr oil field, offshore from Abu Dhabi in the United Arab Emirates, is to be powered by Nexans' subsea cables. Nexans has been awarded contract worth around US$100 million by engineering…
Eni has laid claim to discovering the largest gas field in Egypt and the Mediterranean Sea and says the field could become one of the world’s largest natural gas finds. The Italian operator says the deepwater Zohr field could hold up to 30 Tcf of lean gas in place (or 5…
The shareholders of Norwegian driller Northern Offshore approved a takeover deal by China's Shangdong Offshore. The acquisition will be done by amalgamation according to the law of Bermuda for US$0.96 per share, valuing Northern at $164…
ABB received orders from Hyundai Heavy Industries for electrical and telecommunication systems. The order is worth around US$100 million, with about half booked in the 4Q of 2014, almost $27 million in the 1Q of this year and $20 million in 2Q…
Datum360 has been awarded - and has already successfully delivered - a US$1.05 million (£685,000) contract by Total to provide a data warehouse for the ground breaking Martin Linge project in the Norwegian North Sea. Currently under construction…
Houston headquartered Apache Corporation has shaken up its leadership team and regional operating structure to 'streamline' the business, including creating an 'offshore' division. The move includes creating 'more integrated, super-region structures…
Exploration in deeper waters is driving technology development, not least in subsea inspection. Meg Chesshyre reports. Diver-based pipeline scanning. Images from FORCE Technology. Denmark’s FORCE Technology…
Battered by the ramifications of rapidly declining oil prices, oil and gas company share prices continued to fall in 1Q 2015, but the share price declines have lagged behind the drop in oil prices, suggesting the market is pricing a recovery into the stocks…
UAE-based rig builder and fabrication firm Lamprell has been awarded a jackup construction contract by Abu Dhabi's National Drilling Co. (NDC). Image of the Muhaiyimat for National Drilling Co…
London-based junior explorer Sterling Energy is challenging the expiration of its first renewal period on the Ntem concession offshore Cameroon. The firm declared a force majeure on the 100% owned Ntem concession in May 2014, due to its…
French super major Total has awarded the marine warranty services (MWS) contract for its Kaombo project offshore Angola to DNV GL. The Kaombo, in Block 32, in 1400-1950m water depth, about 150km offshore Angola, comprises six fields (Gindungo…
Maersk Oil North Sea awarded Harkand a multi-million dollar contract for the provision of diving support vessel (DSV) services in the North Sea. Harkand Da Vinci. From Harkand. The 12-month contract covers well tie-ins…
Dubai-based fabrication and engineering firm Lamprell has delivered the jackup drilling rig Greatdrill Chaaru to Greatship Global Energy Services within budget and ahead of schedule. Construction of the rig was undertaken on a fast-track…
Grout is taking on new forms to meet the needs of offshore wind applications, Jim Bell explains. FoundOcean worked on the 30 wind turbine Ormonde Offshore Wind Farm, 10km off Barrow-In-Furness in the Irish Sea…