Palfinger Dreggen AS has been awarded a contract for the delivery of 28 cranes to Sembcorp Marine’s subsidiary Jurong Shipyard Pte. Ltd. The contract includes the supply of cranes for seven drillships to Sete Brasil, scheduled for delivery between 2014 and 2017…
EMAS Group, part of Ezra Holdings Ltd., won Shipowner of the Year at the 7th Annual Offshore Support Journal Conference and Awards ceremony in London on 19 February 2013.EMAS founder Lee Kian Soo (Image: Ezra Holdings Ltd.)In addition to Shipowner of the Year…
Apache shifts Cecil Provine rig to location Apache to move Rowan's Cecil Provine drilling rig to location for possible relief well (Image: Rowan)Apache evacuated 15 workers after experiencing a kick from an abnormally pressured gas zone…
BP & RIL plan US$5 billion investment on KGD6KG D6 onshore facilities (Image: Niko Resources Ltd.)Reliance Industries Ltd. (RIL) and KG D6 block partner BP plan to invest US$5 billion in the deepwater gas development over the next three to five years…
Ole Sanne and Jim Dåtland appointed CCO, CFOFrom the left: Ole Sanne, Håvard Strand, Kristian Korsbø, Steinar Riise, Odd-Arne Kleveland (Image: Ocean Installer)Ocean Installer announced it will appoint current CFO Ole Sanne to the newly established role Chief Commercial Officer…
CB&I announced that it has been awarded a project valued in excess of US$180 million by Hyundai Heavy Industries Co., Ltd. (HHI). CB&ICB&I's scope of work, which will commence in the first quarter, includes detailed engineering design…
On 15 Feb 2013, Colombia's Ecopetrol SA announced its proven reserves (1P, according to the international designation) of crude oil, condensate and natural gas, including its interest in affiliates and subsidiaries, as of December 31, 2012. Proven net reserves (1P) increased to 1…
Topsides deal worth approximately NOK 6.1 billionDagny field illustration, with the Sleipner field in the background. (Image: Statoil)Statoil and its Dagny partners Total and Det norske chose Daewoo Shipbuilding & Marine Engineering to design and build topsides for North Sea platform…
Compressor order from Petrobras for Santo Basin FPSOsA crane loads a two-stage screw compressor unit with noise control enclosurefor offshore useSix two-stage screw compressor units for six offshore oil production installations, known as FPSO (floating production…
Malta Offshore Area 4 (Image: Mediterranean Oil & Gas plc)Mediterranean Oil & Gas Plc. (LON:MOG) is continuing its preparations for the arrival of the Hagar Qim 1 well off Malta in the final quarter of the year.The latest development is…
Seamless pipe mill is Tenaris’ first in US Texas Gov. Rick Perry speaks at an event announcing a new seamless pipe mill in Bay City, Texas (Image: Tenaris)Tenaris will build a US$1.5 billion seamless pipe mill in Bay City, Texas, the company…
Italian major, Eni S.p.A., announced results for fourth-quarter and full-year 2012 on Friday, 15 Feb 2013. Operational highlights include: Record amount of discovered resources in the year: 3.64 bboe; Proved reserves at eight-year record: 7…
Oceaneering International, Inc. reported record fourth-quarter and annual earnings for the periods ended December 31, 2012.For the 4Q 2012, Oceaneering earned net income of $80.6 million, or $0.74 per share, on revenue of $780.9 million. During the corresponding period in 2011…
Hyperdynamics cheered by updated Guinea studyMap of Guinea (Image: Dana Petroleum)Netherland, Sewell & Associates, Inc. (NSAI), completed an updated resource evaluation study for Houston-based Hyperdynamics Corp.'s oil and gas concession off the Republic of Guinea…
On 7 December 2012, the Government of Malta awarded three offshore blocks totaling 6,400sq km to Capricorn Malta, a subsidiary of Edinburgh-based Cairn Energy. Cairn CEO Simon Thomson, who succeeded Sir Bill Gammell as chief executive in July 2011…