Russia’s Lukoil is moving the jackets for the offshore ice-resistant stationary platform #2 from the port of Astrakhan to the Filanovsky field in the Caspian Sea. The platform is intended for drilling and operation of wells within the second stage of field development…
PJ Valves (PJV), a valves manufacturer and supplier, has been awarded more than US$1.3 million (£1 million) worth of contracts to supply over 1000 valves to Maersk Oil’s Culzean field in the UK North Sea. PJV will manufacture forged…
Gloucestershire-based Arc Energy Resources, the weld overlay cladding and fabrication company, has acquired precision machining company CLG Engineering, based in Stonehouse, Gloucestershire. Arc Energy Resources provides corrosion-resistant weld overlay cladding services…
InterMoor's Brazilian subsidiary successfully completed its involvement in the decommissioning operations of the OSX-1 FPSO (floating production, storage and offloading). InterMoor was responsible for the disconnection of the submerged turret production system (STP)…
Lundin Petroleum terminated a US$265 million deal with M3nergy Investment for the sale of the Bertam floating production and storage offloading (FPSO) vessel after the Malaysian company failed to secure the required financing. The deal…
Det norske has taken over the operatorship for production license 442 from Centrica and has been given consent to drill an exploration well in a prospect named Langfjellet by the Petroleum Safety Authority Norway (PSA). Well 25/2-18 S…
Vaalco Energy entered into a deal with Sojitz Etame to acquire an additional 3.23% stake in the Etame Marin Permit, offshore of the Republic of Gabon, West Africa. Gabon operations. Image from Vaalco…
Osbit has successfully completed and loaded out US$3.96 million (£3 million) worth of well intervention equipment to Helix Energy Solutions, for installation in Schiedam on Helix’s chartered Siem Helix 1 vessel. The multi-million dollar…
Transocean has agreed to acquire all of the outstanding common units of Transocean Partners not already owned by Transocean in a share-for-unit merger transaction that will also see the Houston-based company takeover three vessels. In the merger…
Van Oord, a dredging, marine engineering and offshore projects contractor, has reached agreement on the acquisition of the offshore wind activities of Bilfinger Marine & Offshore Systems, a German company active in the engineering, construction…
Completion of the first phases of an US$15.7 million (£11.95 million) quay extension at Lerwick Harbor’s deepwater Dales Voe Base has facilitated mobilization of a large offshore construction vessel ahead of a contract offshore Canada. Subsea 7’s 18…
Oceaneering International has completed its acquisition of Meridian Ocean Services. Meridian uses remotely operated vehicles (ROVs) to perform surveys on mobile offshore drilling units and floating production systems that satisfy the…
Forum Energy Technologies (FET) has opened a new plant near Houston expanding its syntactic foam manufacturing capabilities. The six-acre facility in Bryan, Texas, brings Forum’s Syntech product line closer to clients in the oil and gas industry and has the capacity to support future growth…
Fluor Corp. company Stork, was awarded a two-year fabric maintenance and asset support services contract by Repsol Sinopec Resources UK across six of their North Sea assets. Fluor booked the undisclosed contract award in Q2. Stork will…
A consortium of L&T Hydrocarbon Engineering (LTHE) and Emas Chiyoda Subsea (ECS) entered into a US$1.6 billion engineering, procurement, construction and installation (EPCI) deal with Saudi Aramco for the development of the second phase of Hasbah Offshore Gas field…