Kongsberg Maritime’s ‘Full Picture’ solution has been selected by Chinese and Korean shipbuilders for 13 advanced newbuild offshore vessels with a total value of NOK330 million. Dalian Shipbuilding Industry Offshore Co. (DSIC), CIMC Raffles (CIMC)…
High costs and regulatory and fiscal uncertainties could have caused a drop in exploration and deal activity on the UK Continental Shelf (UKCS), according to business advisory firm Deloitte. The firm’s Petroleum Services Group…
The 450-tonne Elettra platform deck sailed away from Rosetti Marino's Piomboni Yard in Marina di Ravenna on July 7, and on Monday 14, the deck was installed in the Adriatic Sea, 33 miles offshore Ancona, Italy. The scope of work assigned…
Subsea inspection, repair and maintenance and light construction firm Harkand has won Nexen Petroleum UK’s 2014 ROVSV inspection services work along with a longer term frame agreement. The inspection scope covers the Buzzard, Scott, Telford…
Trelleborg’s offshore operation has been awarded a substantial order for its foam buoyancy systems, for the Shah Deniz field phase 2 development offshore Azerbaijan. Contracted by oil and gas company, BP, Trelleborg will supply a buoyancy package…
UK-based Smith Flow Control (SFC) has designed a specialist pigging panel to be installed on a floating production, storage and offloading facility (FPSO) built for the use in the Goliat field, the first oilfield to be developed in the Barents Sea…
Sweden's Sandvik and Luxembourg-headquartered Tenaris have signed a new five-year strategic alliance agreement on the exclusive joint supply of corrosion resistant alloy OCTG materials and technology to the oil and gas industry. The two…
Drill floor operations on the Rowan Norway. Image from Xcite Energy. Work on the Bentley heavy oil field in the North Sea showed the significance of experimental data when unconventional fluids are expected to be transported through pipelines…
Babcock's site at Rosyth. Photo from Babcock. Babcock has its eyes on growth in the offshore upstream sector, including FPSOs and small topsides, after cutting its teeth on its first major project…
Atwood Oceanic’s Atwood Achiever drillship, nearing completion at Daewoo Shipbuilding and Marine Engineering’s yard in Korea. Photo from Atwood Oceanics. Exploration offshore Ireland has yet…
The UK Government is to contribute £15 million short-term funding over five years to help kickstart the establishment of a new arm’s length regulatory body, to be called the Oil and Gas Authority (OGA), based in Aberdeen, to oversee the oil and gas industry…
OMV Petrom has made an oil discovery in an exploration well drilled in the Istria XVIII offshore Perimeter (shallow water) in the Romanian Black Sea. Marina 1 was drilled 60km offshore, to a depth of about 2150m below the seabed in about 50m water depth…
Equistone Partners Europe has exited Aberdeen-based PD&MS, a fast-growing specialist provider of engineering, procurement and construction (EPC) services for the global oil and gas industry, in a secondary buyout to Inflexion. The mid-market private equity firm has achieved a 2…
Norway's Aibel has topped a recent string of contacts with a framework agreement with Statoil covering the supply of personnel to Statoil's projects in Norway and abroad. The agreement is in addition to Aibel's existing framework agreements with Statoil and is valid for one year…
The Crossover ball joint is a new and efficient dredge ball joint that provides optimal flow performance. Through computational fluid dynamics (CFD) the frictional losses and turbulence have been reduced to a minimum. Conventional dredge ball joints act like a ball valve when tilted…