Total awarded 2H Offshore, an Acteon company, a contract concerning the TLP top tensioned riser (TTR) systems for the Moho Nord field development off Congo. 2H Offshore will be responsible for the riser delivery management, which includes design finalization…
Sembcorp Marine’s PPL Shipyard has won two orders for turnkey contracts worth a total US$417million from Mexico's Integradora de Servicios Petroleros Oro Negro. The orders are for the construction of two jack-up rigs, scheduled for delivery at end July 2015 and end of third quarter 2015…
Aker Solutions has won a contract worth up to US440 million to deliver the subsea production system for an oil field development in the UK North Sea. The delivery includes 25 subsea trees and six template manifolds as well as associated controls…
Work to start-up production on the Caspian Sea Kashagan development has begun, the North Caspian Operating Company (NCOC) has said. The first phase of the development will see oil and gas produced from eight wells on an artificial island complex in the north Caspian Sea…
Jessica Alm, head of communications at Sandvik Coromant, has been appointed Executive Vice President and Head of Group Communications as well as member of the Group Executive Management of Sandvik AB. She will take up her new position as of 1 July 2013…
Brazil's Petrobras awarded Seadrill Ltd and SapuraKencana Petroleum Berhad's 50:50 joint venture Sapura Navegação Marítima S.A., Brazil (SNM), a contract for the charter and operation of three pipelaying support vessels (PLSV's). The eight-year contract…
Australian oil and gas major Woodside Petroleum is to acquire its first offshore exploration acreage in north west Europe. The firm, Australia's largest operator, has agreed to farm-in to three license options in the Atlantic Porcupine Basin…
We have all grown up with the concept of land use planning or town planning to allocate areas of land for certain uses or activities such as business, industry, agriculture, residential, or nature conservation. The same concepts can be applied to marine areas…
Marathon Oil has agreed to sell its 10% working interest in Block 31, off Angola to China Petrochemical Corp. (Sinopec) for US $1.5 billion.. The companies anticipate closing 4Q 2013, with an effective date of January 1, 2013. The transaction will bring Sinopec’s stake in Block 31 to 15%…
ONGC Videsh Ltd. (OVL) and Oil India Ltd. (OIL) have agreed to purchase Videocon Mauritius Energy Ltd.’s 10% share in the Rovuma Area 1 Offshore Block in Mozambique (Area 1) for US $2.47 million. The acquisition will give OVL 60% stake and OIL 40% stake in Area 1…
Tenaris announced that it will provide the TenarisHydril Wedge 623™ Dopeless® and Blue® Riser connections for Shell’s Olympus TLP in the Gulf of Mexico. The Wedge 623™ connections were designed to comply with recent changes in deepwater operating requirements in the Gulf of Mexico…
Viatran Corp. announced the opening of their new Southwest Calibration Center in Houston, Texas. Now owners of Viatran Hammer Union Pressure Sensors in the southwestern states can receive true OEM calibrations and certifications closer to their place of business…
GE announced the grand opening of its new, state-of-the-art customer application center (CAC) in Moscow. At an invitation-only ribbon-cutting ceremony, customers toured the facility and experienced the complete GE Measurement & Control product…
Russian state-owned company Gazprom along with a consortium of Japanese firms have signed a memorandum of understanding (MOU) concerning the development of Gazprom's Vladivostok LNG project. Present for the signing on June 22 were Gazprom Chairman Alexey Miller and Masanori Toyoshima…
Lars Hellberg, president of PowerTech, executive vice president and member of the board of management announced he will leave Wärtsilä to become the president & CEO of Fortaco Group, a Finnish industrial manufacturer. Hellberg is projected to leave Wärtsilä in mid-December 2013…