Freeport-McMoRan (FCX) paid out a US$540 million settlement to Noble Corp. after canceling two rig contracts operating in the Gulf of Mexico in May. The Noble Sam Croft. Image from Noble Corp…
Hess Denmark awarded DNV GL a contract to provide asset integrity inspection management of its South Arne field in the Danish North Sea. The agreement, which is estimated to be US$1.5 million (10 million DKK) per year, includes risked…
Delta SubSea and Boskalis Subsea Services have entered into a memorandum of understanding (MoU) to provide integrated diving and ROV solutions in the Gulf of Mexico. Image from Boskalis. The…
FEI and the University of Liverpool have entered into an agreement to enable Liverpool to undertake novel research in the field of petroleum reservoir geoscience using FEI’s QEMSCAN technology. “We see QEMSCAN technology as a step change in the petrographic analysis of rocks…
Bristow Helicopters Nigeria announced a new dedicated helicopter rescue and recovery (RRS) service for Nigeria’s oil and gas industry to provide critical life-saving assistance currently not available in the country’s aviation landscape. The new service is expected to launch in August 2016…
Sabah Shell Petroleum Co. awarded Sea Trucks Group a contract for the provision of flotel services for the Malikai deepwater development project in the South China Sea. Image of the Jascon 34, from Sea Trucks…
McDermott International has been awarded further pipeline work for 2017 under a multi-year offshore installation contract with Brunei Shell Petroleum Co. (BSP). The work includes transportation and installation (T&I) of pipelines and umbilicals in the Fairley and Ampa Fields offshore Brunei…
Dutch firm Mokveld Valves has commissioned two new test bunkers for testing critical, high-quality valve systems. Developed internally by Mokveld, the bunkers allow pressure testing with nitrogen and helium up to 1200 bar, and temperature testing within a range of -196-200°C…
Petrobras has awarded DOF Subsea an eight-month contract for the Brazilian built PLSV Skandi Niterói. The contract, which will commence immediately, comes with an eight-month option. “I am very pleased with the contract award, securing…
Ezra Holdings has received a total of some US$300 million in awards for several new deepwater projects in various offshore oil producing regions in the Gulf of Mexico, Southeast Asia and West Africa. The scope of work for these new projects include project management…
Triangle Energy entered into a deal with AWE Ltd. for 57.5% stake in the Cliff Head oil field, in the offshore Perth Basin, Western Australia. The Cliff Head oil field is located 10km off the coast of Western Australia at a water depth of 15-20m…
OneSubsea has been awarded a US$170 million engineering, procurement and construction (EPC) contract from Belayim Petroleum Co. (Petrobel) to supply the subsea production systems for the first stage of the Zohr gas field, located in the Shorouk Concession…
The Cross Group Subsea Solutions Division, together with Fugro Drilling & Well Services, has been awarded a multi-well riser-based plug and abandonment campaign in the Gulf of Mexico, which commenced May 2015. The Cross Group is managing the program…
Offshore mooring and subsea services supplier Delmar Systems has acquired privately-owned InterOcean Systems. InterOcean designs and manufactures oceanographic and environmental equipment and systems, including its proprietary rig anchor release (RAR)…
SDX Energy is dropping its 35% stake in the Dana Petroleum-operated Bakassi West block in the Rio Del Rey basin offshore Cameroon, after failing to make an oil discovery in late-March at the shallow-water Manatee-1X well. SDX’s decision…