The first phase of a DNV-GL-led joint industry project (JIP) with South Korean shipyards to promote a global standard for engineering and construction of offshore oil and gas installations has delivered four recommended practices (RPs). The outcome of the JIP will be reduced complexity…
Ocean Yield completed the modification of the Aker Wayfarer multipurpose offshore construction vessel at Kleven Myklebust yesterday (6 July). The vessel is on long-term charter until 2027 and will receive an additional charter rate reflecting the modification investment as from 6 July 2016…
GC Rieber Shipping has secured a time charter agreement with Technip Angola for the SURF vessel Polar Onyx. The vessel will conduct SURF and construction duties in Angola. The charter commences prompt and lasts for up to two months. The…
Keppel Offshore & Marine’s (Keppel O&M) wholly owned subsidiary Keppel Shipyard has secured four contracts worth a total of nearly US$90 million (S$120 million) in Europe and Western Australia. Image from Keppel…
National Oilwell Varco (NOV) and GE Oil & Gas entered into an agreement to collaborate on delivering integrated solutions for floating production storage and offloading (FPSO) vessels. Image from GE…
DeepWell has secured a long-term contract for provision of mechanical wireline services to Statoil. The contract value for the firm period, including options for add-on services, is estimated to exceed US$119 million (NOK 1 billion) over a four-year period…
Royal IHC and Tompkins UK Ltd. Have strengthened their strategic cooperation following IHC’s acquisition of a majority stake in Tompkins, the parent company of Modus Seabed Intervention and a partner in the TI Geosciences joint venture, which IHC and Tompkins created in 2015…
Blackhawk Specialty Tools has acquired the surge reduction business line of Allamon Tool Co. and its related intellectual property. The surge reduction business line includes Allamon’s diverter systems and ancillary cementing tools as well as a number of patents…
Electromagnetic Geoservices (EMGS) has ended a charter contract for the EM Leader, as its vessel utilization increased in Q2 2016, compared to last year. The EM Leader, from EMGS. The…
Siemens’ has added the SWT-8.0-154 to its offshore direct drive platform for wind turbine technology. The 8MW turbine is based on the existing offshore direct drive platform. The first SWT-8.0-154 will be installed in early 2017, and…
Noble Energy entered into a US$369 million definitive agreement with the Harel Group and Israel Infrastructure Fund (IIF) to offload 3% working interest in the Tamar field, offshore Israel. Image of the Tamar platform…
Royal IHC and Tompkins UK are strengthening their strategic cooperation with IHC’s acquisition of a majority stake in Tompkins, the parent company of Modus Seabed Intervention and a partner in the TI Geosciences joint venture (that IHC and Tompkins created in 2015)…
MEO Australia has reached an agreement to assign its 50% interest in the WA-454-P exploration permit, in the Bonaparte Gulf, offshore northern Australia to Origin Energy Resources. MEO had actively sought an additional partner for WA…
The wind service operation vessel (SOV) for the Dutch Gemini project has been christened Windea la cour. The vessel is to set sail to start operations at the Gemini offshore wind power plant this summer. Siemens has supplied 150 wind turbines…
Norwegian Geotechnical Institute (NGI), an international center for geoscience research and consulting, and DONG Energy Wind Power signed a contract for the installation of 20 offshore wind turbine bucket foundations, called suction bucket jackets…