Offshore Activity - page 721

Kohlberg Kravis Roberts & Co

Nov 10, 2012

An affiliate of Kohlberg Kravis Roberts & Co (KKR) has acquired a majority interest in the Acteon subsea services group from First Reserve, with management retaining a significant holding in the company. The executive management team will remain in place…

Reflex Marine

Nov 10, 2012

Reflex Marine has established a new accredited service centre (ASC) in Houston for its FROG and TORO personnel carriers.

SBM Offshore

Nov 10, 2012

SBM Offshore has signed a commercial development agreement with modular gas to liquid solutions provider CompactGTL to work exclusively together on the marketing and execution of projects involving associated gas challenges for offshore oil fields…


Nov 10, 2012

Schat-Harding opened two new Norwegian offices and service centres, in Bergen and Stavanger. Both bases will focus on delivering in-service support and maintenance for lifeboats and davits in the North Sea.


Nov 10, 2012

Senergy will receive patented geosteering software designed by operator Apache as part of a co-operative software development agreement. The technology package, including the innovative PetroSleek geosteering tool, will be used within Senergy's…

Subsea Service

Nov 10, 2012

Aker Solutions has established a subsea lifecycle service base in Labuan, Malaysia, to support installed and future Asia Pacific shallow and deepwater projects, starting with Murphy Sabah Oil's current Kikeh and upcoming Kikeh phase two…


Nov 10, 2012

WorleyParsons has officially opened an Aberdeen office, its first operational base in Scotland. Run by location manager Neil McMillan, it will offer five of the company's service lines: Select pre-FEED engineering, subsea engineering through Intecsea…

Bechtel and Subsea

Nov 10, 2012

Bechtel and Subsea will work together to develop offshore wind and associated transmission projects in Europe, including the UK and Germany. Under a nonexclusive joint approach they will offer developers and utilities a single contracting group…

TransCanada donates pumps, generators for NY recovery

Nov 08, 2012

TransCanada Corporation announced plans to donate up to $250,000 in equipment and cash to help New York speed up recovery efforts following Hurricane Sandy.TransCanada has an active presence in the New York region where the company operates the Ravenswood Power Facility in Long Island City…

Gulf deeps on track for ‘new normal’

Nov 01, 2012

Burdened by high drilling costs, lower success rates and smaller discoveries relative to other regions, not to mention post-Macondo regulatory changes, the deepwater Gulf of Mexico will nevertheless draw $70 billion in investment over the next two decades…

Rig market

Nov 01, 2012

Utilization for the worldwide mobile offshore drilling fleet remains at a steady 77%. Overall utilization in the Australia/New Zealand market stands at 100% as every rig in the region is contracted.Demand in the Australia/New Zealand…

It’s no big deal!

Nov 01, 2012

'After a strategic review Fugro basically decided to exit the capital intensive and volatile seismic segment of the oil & gas exploration market where it does not have a leading market position. It spotted that most seismic companies had indicated fleet expansion plans in the immediate future…

Gearing up for growth

Nov 01, 2012

With a recent injection of capital having positioned the company for growth, Fairfield Energy – the self-styled only independent of substance solely focused on the UK continental shelf – moved into new operational headquarters at Westhill last month…

Aker Solutions and Statoil

Oct 12, 2012

Aker Solutions and Statoil were jointly awarded the ONS Innovation Award in Stavanger for their work on the Åsgard subsea gas compression system (OE April). Aker CTO Åsmund Bøe commented: ‘This technology has the potential to change offshore gas field developments worldwide…

Aker Solutions

Oct 12, 2012

Aker Solutions is opening an engineering office in the northeast of England. The company’s drilling technologies business will be the main beneficiary of the expanded Stockton-on-Tees presence.

Current News

Transocean Takes Delivery of World's First 8th Generation Drillship

Drydocks Orders Kanfa FPSO Topside Module

BP Secures Rights to Offshore Block in Egypt

KFO Fishermen to Have a Say in Irish Floating Wind Project. IFSA Chair Blasts the Deal

Subscribe for OE Digital E‑News