Total is to sell its 15% interest in the offshore Angola Block 15/06 to Sonangol E&P for about $US750 million. “The sale of our interest in Block 15/06 is in line with Total’s global strategy to actively manage its portfolio and focus…
Aberdeen-based oil and gas services firm Sparrows' chief executive Doug Sedge is to stand down after four and a half years with the company. Stewart Mitchell will take over as chief executive of the firm on 10 March 2014. During his tenure…
Dubai-based offshore marine firm Stanford Marine has secured a 5-year contract with Total E&P Angola for use of the Stanford Hawk. Total E&P Angola (TEPA) awarded Stanford Marine a 5-year contract, with two, 2-year options, scheduled to start by the beginning of February 2014…
Royal Boskalis Westminster subsidiary, Dockwise, said that it has won several contracts throughout January 2014, worth a total of US$65 million. Statoil awarded the largest contract to the firm, for the transportation of two jackup rigs from South Korea to Norway…
Aker Solutions recently completed the sale of its mooring and loading systems to Finland-based Cargotec’s subsidiary, MacGregor. The unit, known for the Pusnes brand name, provides mooring equipment, loading and offloading systems, as…
Tracerco is expanding its reservoir-tracing services in the Middle East with a move to a larger premises in Oman and a new purpose built lab in Abu Dhabi, adding to the existing operational base. The new Oman building sits in an industrial area of Muscat called Al Jufneen…
Royal Dutch Shell has said it will quit its 2014 plans for drilling offshore Alaska, cut capital spending, and increase the pace of assets sales, the oil major’s CEO Ben van Beurden (pictured) announced today. Shell's U-turn on Alaskan drilling follows a profit warning last week and…
Shell has agreed to sell a 23% stake in the Parque das Conchas (BC-10) project, offshore Brazil, to Qatar Petroleum International, for about US$1 billion. Shell will continue to operate BC-10, with a 50% working interest, and retains a significant upstream presence in Brazil…
This video shows the launch of the first of six new 302'x64' LNG OSVs built for Harvey Gulf International Marine by Gulf Coast Shipyard Group (GCSG). The first of these GCSG-built Harvey Gulf OSVs will be moved to GCSG’s newly commissioned…
HitecVision acquired all of GC Rieber Shipping's remaining shares in subsea services provider Reef Subsea, the company announced 28 Jan 2014. HitecVision will now hold 100% of the shares in Reef Subsea. HitecVision expects to receive full ownership by March…
CGG and Spectrum announced that the acquisition of the high-end BroadSeisTM 3D multi-client survey program offshore Brazil in the Foz do Amazonas basin commenced early January as planned. The two companies are working as equal partners on this project…
2H Offshore, an Acteon company, opened a newly refurbished 16,547 sq ft office space on the fourth and fifth floors of Hollywood House in the center of Woking, Surrey. 2H Offshore upgraded facilities to better service its clients and employees…
Prysmian Group, established a new headquarters in Houston, TX, under the responsibility of Robert Conners who joins the Group. With the strengthening of its operations in Houston and with professionals such as Robert Conners joining the company…
Despite record levels of UKCS investment during 2013, the year proved to be disappointing both in terms of exploration and appraisal drilling activity and to a lesser extent the acquisition and divestments market. UKCS Drilling Levels 32…
Malaysia-based international offshore oilfield services provider, Bumi Armada Berhad’s wholly-owned subsidiaries, Armada Offshore OSV Ltd. and Bumi Armada Ltd. received letters of award (LOA) from Interoil Angola Limitada, a leading player…
