Keppel FELS, a wholly owned subsidiary of Keppel Offshore & Marine (Keppel O&M) delivered the ARABDRILL 70 jackup rig to Arabian Drilling (ADC). ARABDRILL 70 is the fourth KFELS B Class jackup rig to work for ADC. Keppel FELS had previously delivered two jackup rigs…
Badger Explorer and the University of Glasgow, supported by the Oil & Gas Innovation Centre (OGIC), will collaborate on the development of the Badger Explorer technology, a rig-less formation and reservoir evaluation tool. The device drills down to the target reservoir…
Houston-based Atwood Oceanics, announced that one of its subsidiaries had agreed to a nine-month extension and rate adjustment to its existing contract with Southeast Asia's Mubadala Petroleum for the ultra premium jackup, the Atwood Orca…
Image: Chris Echols/Ashtead Technology Ashtead Technology invested more than US$300,000 in the latest generation of visual inspection tools for deep sea exploration. The investment…
Italian giant Eni has sold 12.5% interest in its subsidiary Saipem, to Fondo Strategico Italiano (FSI) in a move that is expected to enhance Eni’s financial flexibility and development. Image from Saipem…
Image: crane simulator in Egypt/GE Marine In 2012, the AAST-GE DP Center was established through a joint effort between GE and the Arab Academy for Science, Technology & Maritime Transport…
Image: Oceanwide S.a.S. selfpropelled hyperbaric lifeboat/Unique Group Unique Group, an integrated subsea and offshore solution provider, has acquired Oceanwide Safety at Sea in a deal that joins two global providers in the diving industry…
Image: Sandvik Sandvik, a developer and producer of advanced stainless steels, special alloys, titanium and other high-performance materials, has announced the opening of its South American…
Bestobell Marine, a manufacturer of cryogenic valves, has secured an order for its cryogenic globe and check valves for the second LNG carrier in the Yamal series of vessels being built at DSME shipyard in South Korea. After successfully…
In a battle between the Australian Tax Office (ATO) and Chevron in the Australia federal court, the US supermajor lost and will have to pay more than US$232 million (A$322 million) in back taxes, in addition to fines. Wheatstone…
Electromagnetic Geoservices EMGS signed a US$7 million contract extension with an oil company in Malaysia. The vessel BOA Thalassa commenced the extension of the survey on 21 October, and expected duration of the survey is approximately 1…
EMAS Offshore secured additional options for extensions on an existing contract, as well as new awards for charters with an oil major and independent oil company in West Africa and Asia valued at more than US$33 million (including options)…
ABS entered into a memorandum of understanding with Hyundai Heavy Industries (HHI), Daewoo Shipbuilding and Marine Engineering (DSME) and Samsung Heavy Industries (SHI) to establish a joint industry project (JIP) with leading operators, drilling…
TGS announced that it has acquired 46,500km (25%) of the 186,000km 2D seismic project, Gigante. The survey is being acquired with four Seabird vessels and the fifth vessel, m/v Aquila, will join the survey in early November. Gigante…
Statoil has, on behalf of the Johan Sverdrup partners, awarded Aibel in Norway the contract for construction of the converter station at Haugsneset and required construction site work for land-based power supply to the field. The contract covers engineering…