Industry News


DeepOcean Wins Vigdis Work

Jul 05, 2019

Subsea services firm DeepOcean said it has been awarded a contract from Norwegian energy company Equinor for marine operations for the installation of the Vigdis boosting station.The award to covers project management, engineering and offshore installation activities…

NPD Seeking New Director General

Jul 05, 2019

The Norwegian Petroleum Directorate said it is seeking a new director general to succeed Bente Nyland, who will complete her term at the end of 2019 after 12 years in the role.NPD said the Ministry of Petroleum and Energy has started its search for a successor…

Imenco Buys Proserv's Nautronix Unit

Jul 05, 2019

Controls technology company Proserv said it has sold its through-water digital acoustic communications and positioning systems business, Nautronix, to Imenco, a Norwegian supplier of subsea electronic and mechanical products.The divested unit will become a division within Imenco…

Sparrows Wins Rigging Maintenance Contract in Qatar

Jul 05, 2019

Sparrows Group said it has been awarded its first contract for the provision of rigging loft maintenance services in Qatar.The four-year contract includes the provision of services for the refurbishment, repair, load test and recertification of rigging lofts and contents…

Energean to Buy Edison's Oil and Gas Unit

Jul 04, 2019

Israel-focused gas driller Energean said on Thursday it will buy Italian energy group Edison's oil and natural gas unit for an initial consideration of $750 million.The acquisition would significantly expand Energean's operations in the growing eastern Mediterranean gas hub…

Safe Eurus Delivered

Jul 04, 2019

Norwegian semi-submersible accommodation vessel owner Prosafe has taken delivery of the Safe Eurus, an advanced and flexible vessel for worldwide operations excluding Norway.The Safe Eurus was delivered in May and will shortly begin mobilization…

Saudi Aramco, BHGE Ink Manufacturing MOU

Jul 03, 2019

A memorandum of understanding (MOU) signed this week by Saudi Aramco and Baker Hughes, a GE company (BHGE) will see the two firms establish a new joint venture facility in Saudi Arabia to manufacture non-metallic materials which will be used in a variety of areas of the energy industry…

NOV to Supply STP for MJ FPSO

Jul 03, 2019

APL, a business unit within NOV's Completion & Production Solutions segment, has secured the contract from South Korean builder Samsung Heavy Industries to supply a large submerged turret production (STP) system for a newbuild floating production…

Saipem Steps Up Drilling Partner Search

Jul 03, 2019

Italian oil contractor Saipem is stepping up efforts to find a partner for its drilling business by moving a top manager to head the business, a source with knowledge of the matter said on Tuesday.Stefano Porcari, chief operating officer at the group's E&C Offshore Division…

ALE, Murphy Join for Offshore Services

Jul 03, 2019

UK-based ALE Heavylift and compatriot engineering and construction company J Murphy & Sons announced a new collective partnership to offer linear winch hire, pipe pulling and installation engineering services worldwide.As part of the agreement…

EnscoRowan Changes its Name to Valaris

Jul 03, 2019

UK-based offshore drilling contractor EnscoRowan announced that it will change its name to Valaris, effective July 31, 2019.The London-headquartered firm said in a stock exchange announcement that its ordinary shares will trade under the new ticker symbol VAL following its name change…

Expro Acquires Quality Intervention

Jul 02, 2019

Oilfield services company Expro announced it has acquired 100% of the equity of technology company Quality Intervention AS (QI).The Norwegian-based company was founded in 2008 and provides a portfolio of products and services that includes coiled tubing technology (CoilHose)…

Ground Broken for Virginia Offshore Wind

Jul 02, 2019

The Coastal Virginia Offshore Wind (CVOW) demonstration project has entered the construction phase as the American power and energy company Dominion Energy has formally begun construction.Gov. Ralph Northam announced the start of construction of the CVOW demonstration project…

Jumbo Completes Mooring Installation in Egypt

Jul 02, 2019

Netherlands-based Jumbo’s Fairplayer has completed the pre-installation and tensioning of a shallow water CALM buoy mooring system at a depth of 26 meters for the Mersa El-Hamra terminal offshore Egypt.The heavy lift shipping and offshore transportation…

ConocoPhillips to Redevelop Tor

Jul 02, 2019

American multinational energy corporation ConocoPhillips has submitted a plan for development and operation (PDO) for a redevelopment of the Tor field in the Greater Ekofisk area in the North Sea.According to the Norwegian Petroleum Directorate (NPD)…

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