Transparency Market Research has released a new market report titled 'Enhanced Oil Recovery (EOR) Market: Global Industry Analysis, Size, Share, Growth, Trends and Forecast, 2013 - 2023,' that defines and segments the enhanced oil recovery…
Siemens is investing more than US$262 million in new offshore production facilities in Great Britain. Production of rotor blades for offshore wind turbines of the 6Mw class is planned, with a new logistics and service center slated for Hull…
Cyprus-based Songa Offshore SE, an international midwater drilling contractor active in the North Atlantic basin, has chosen to deploy IFS Applications for Offshore Service to support its onshore and offshore operations. The contract includes…
With the subsea construction vessel (SCV) associated with the Shah Deniz Phase 2 natural gas development expected to hit the waters in April 2017, contracting for the project is in full swing. Two more major contracts totaling nearly US$500 million announced 23 April…
Task Geoscience and Fronterra Integrated Geosciences are to merge to become geoscience consultancy – the Task Fronterra Group. Task Fronterra has received a financial injection of growth capital investment from the UK's Business Growth Fund…
UK-based subsea services firm Reef Subsea is to split up into three independent companies after its January buyout by Norwegian private equity outfit Hitecvision. The three new companies will be Reef Subsea, X-Subsea, and Technocean Subsea…
Technip has entered into an agreement to divest a majority stake of at least 51%, up to 75%, in Seamec Ltd. HAL Offshore Ltd., India at a consideration of Rs 97 per share (US$27 million for 51% stake and up to $40 million for 75% stake). This…
Dubai-based rig and platform builder Lamprell has set an official Guinness World Record for the heaviest load moved by self-propelled modular trailers (SPMTs) as part of the Golden Eagle platform project (pictured). Lamprell’s contract was for a production…
Aker Solutions and Baker Hughes Incorporated have agreed to form an alliance to develop technology for production solutions that will boost output, increase recovery rates, and reduce costs for subsea fields. The non-incorporated alliance…
Offshore oil and gas decommissioning forum Decom North Sea (DNS) has appointed a new chief executive. Nigel Jenkins (pictured) will take up the post on July 1 and replaces Brian Nixon, who is retiring after playing an instrumental role…
Siem Offshore Contractors, a wholly-owned subsidiary of Siem Offshore, has been awarded the contract for the turnkey supply and installation package of the inner array grid cable system for the Nordsee One Offshore Wind Farm (OWF), a project developed by RWE Innogy…
A multidisciplinary consortium of six private and public organisations from five European countries, led by the French wind power firm ASAH LM, will develop a floating wind turbine concept (SPINFLOAT) based on GustoMSC’s Tri-Floater. Other members include: SSP Technology…
McDermott International has signed an agreement with PD Ports which paves the way for McDermott to operate a spoolbase to serve projects in the North Sea. McDermott says it expects to have the facility, at the Port of Hartlepool, northeast England…
Netherlands-based Airborne Oil & Gas has secured an order for multiple flexible risers and jumpers from OneSubsea. Applying the Thermoplastic Composite Pipe (TCP) concept, the flexible risers and jumpers will be used for acid stimulation…
Irish oil and gas exploration firm Providence Resources has been offered a follow-on Frontier License (FEL) on the Newgrange area. Newgrange lies in about 1000m water depth in the Goban Spur basin, 260 km off the south west coast of Ireland…