Next month’s SPE Offshore Europe exhibition and conference will be the largest in the event’s history with more exhibiting companies and countries represented than ever before. The sold-out exhibition halls, covering a record 27,082…
The second largest offshore wind farm in the world, costing £1.3 billion and generating enough clean electricity to power over half a million homes, was officially opened by UK energy and business minister Michael Fallon today. Greater Gabbard…
A group of divers have completed specialist coded welding trials at a leading north-east Scotland oil and gas industry support and training facility to prepare them for work in the Norwegian sector. The Aberdeen-based National Hyperbaric Centre (NHC)…
Allseas’ heavy-lift and pipelay vessel the Pieter Schelte has been awarded its first contract. The vessel, under construction at Daewoo Shipbuilding and Marine Engineering (DSME) in Okpo, Korea, is to carry out topsides removals on the Shell-operated Brent field in the North Sea…
Shell Oil Co. reports that the Olympus tension leg platform reached the Mars B field on July 20th, following a 425-mi. tow from Ingleside, Texas. The location, in Mississippi Canyon Block 807, is about 130mi. south of New Orleans. The TLP was safely secured in place last week…
Inpex Corp.’s (INPEX) subsidiary, Teikoku Oil Co. Ltd., reached an agreement to transfer 30% of its participating interest in the Block 31 offshore Suriname, to UK-based E&P company, Tullow B.V., a subsidiary of Tullow Oil (Tullow). This…
Daewoo E&C awarded Royal Boskalis Westminster N.V. (Boskalis) an EUR 80 million contract regarding dredging and reclamation of new land for Songdo International City on the waterfront of Incheon, South Korea. The project consists of reclamation…
Actuant Corp. to acquire Viking SeaTech (Viking). The purchase is subject to customary regulatory approvals and closing conditions, and is expected to be completed within 45 days. The US$225 million purchase price will be funded from the Actuant Corp…
China National Offshore Oil Corp. (CNOOC) signed production sharing contract (PSC) with Shell China Exploration and Production for Block 35/10 in Yinggehai Basin, west of the Hainan Island, China, in the South China Sea. Block 35/10 covers a total area of 3…
The floating production sector has been especially active over the past several months. Ten production floaters have been ordered since March, reports International Maritime Associates Inc. (IMA). Contracts include a $3 billion FPSO for Nigeria (a record price for an FPSO)…
Newly released remotely operated vehicle (ROV) statistics from the International Marine Contractors Association (IMCA) show there has been an increase of members’ ROV-based construction, drill support and cable-laying activities since IMCA started collecting figures on a worldwide basis in 2009…
Hamilton, Bermuda-based Seadrill Ltd. has entered into contracts to build two high-specification, jackup drilling rigs at Dalian Shipbuilding Industry Offshore Co., Ltd. (DSIC Offshore) in China. The rigs are scheduled for delivery during Q2 and Q3 2016…
Severn Glocon Group acquired HPHT company, Calidus Engineering. Now renamed Severn Subsea Technologies Ltd., the company will provide research, development and test facilities to enhance Severn Glocon’s subsea valves capability. A former subsidiary of Badger Explorer (Norway)…
EPC Offshore was acquired by Costain, one of the UK's Tier One engineering solutions providers. The deal marks the launch of Costain Upstream, a new divisional operation combining EPC Offshore’s capabilities with ClerkMaxwell, the oil…
Norway's PG Marine Group is to provide six of its PG-MACS tanks for a newbuild dual-fuel platform supply vessel (PSV). The vessel, to be built at the Remontowa Shipyward, Romania, will be operated by Siem Offshore on long term charter to Norske Shell…
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