Offshore Engineer Industry News News


Luthi Steps Down as NOIA Head

Jun 03, 2019

The National Ocean Industries Association (NOIA) announced that Randall Luthi will leave the organization next month, after serving as the group’s president for nearly 10 years. Luthi will return to his home state of Wyoming to serve as Chief Energy Advisor to Wyoming Governor Mark Gordon…

BP Sells Egypt Assets to Dragon Oil

Jun 03, 2019

BP said on Monday it has agreed to sell its interests in Gulf of Suez oil concessions in Egypt to Dubai-based Dragon Oil, as part of the supermajor’s plan to divest more than $10 billion in global assets over the next two years.Under the terms of the deal…

Ampelmann Scores W2W Contract in Norway

Jun 03, 2019

Dutch offshore service provider Ampelmann said it has secured a contract with DeepOcean to support the hook-up and commissioning of the Valhall Flank West (VFW) project, operated by Aker BP.An E-type system will support the Normand Jarstein…

Expro Wins HOEC Contract in India

Jun 03, 2019

UK based oilfield services company Expro said it has been awarded a multimillion dollar contract for Hindustan Oil Exploration Company Ltd (HOEC) in Mumbai, India.The seven-year contract will include the build, maintenance and operation of a…

Eni Names Puliti Chief Upstream Officer

May 31, 2019

Alessandro Puliti has been appointed Eni’s new Chief Upstream Officer, effective September 1, 2019.Puliti will replace Antonio Vella, who will leave the company at the end of the year after a career spanning over more than 30 years.Puliti joined Eni’s Reservoir department in 1990…

Aqueos Names Legendre VP

May 31, 2019

US subsea services firm Aqueos Corporation announced  it has appointed Eric Legendre to the position of Vice President – International Business and Strategic Development, based the company's new Houston office.Legendre brings more than 18 years industry experience to the roleTed Roche…

ST Engineering Sets Up Mississippi Subsidiary

May 31, 2019

Singapore Technologies Engineering (ST Engineering) announced that its U.S. company Vision Technologies Systems (VT Systems) has set up a subsidiary ST Engineering Halter Marine and Offshore, based in Pascagoula, Miss., with share capital of US$10 (approximately S$13…

Taiwan Wind Farms Fuel PF Boom

May 31, 2019

The promise of jumbo project financings arising from Taiwan’s ambitious push to develop offshore wind farms is beginning to hold true as a flurry of loans compete for liquidity among the island’s lenders.Financings totaling at least NT$155bn (US$4…

Boskalis Nets $126 Mln Subsea Contracts

May 31, 2019

Boskalis Subsea Services said it has secured several contracts in the North Sea over the last six months that are worth more than £100 million ($126 million) combined. These include the Total Tyra redevelopment project, an inspection, repair and maintenance (IRM) campaign for Repsol Sinopec…

Offshore Decom Market to Reach $9.5 Bln by 2027

May 31, 2019

The global offshore decommissioning market, valued at $ 5.96 billion in 2018, is projected to exhibit a CAGR of 5.4% through 2027, in terms of revenue.Crude oil prices coupled with declining production from rising number of maturing oil and…

Hydroid Appraised at CMMI V2.0 Maturity Level 3

May 30, 2019

Marine robotic systems manufacturer Hydroid, a subsidiary of Kongsberg Maritime, announced Thursday it was appraised at Maturity Level 3 of the CMMI Institute’s Capability Maturity Model Integration (CMMI) V2.0.The appraisal was performed by…

Shell Ocean Discovery XPRIZE Livestream

May 30, 2019

On Friday, May 31, the Shell Ocean Discovery XPRIZE awards event will be livestreamed from Monaco where the winners of the $7 million global ocean mapping competition will be revealed.The three-year competition challenged teams to advance deep sea technologies for autonomous and unmanned…

Helix Acquires STL

May 30, 2019

Houston-based services company Helix Energy Solutions Group, Inc. announced Thursday it has acquired a majority stake in Subsea Technologies Group Limited (STL), an Aberdeen-based subsea engineering company that specializes in the design and…

Icahn Sues Oxy Over 'Misguided' Anadarko Deal

May 30, 2019

Occidental Petroleum Corp 's activist investor Carl Icahn has filed a lawsuit against the company over what it called its 'misguided' pact to buy Anadarko Petroleum Corp, and may seek a special meeting to remove and replace board members.The lawsuit…

OMV, Aker BP in Joint Digital Push

May 30, 2019

Austria-based integrated oil and gas company OMV ad Norway-based exploration and development company Aker BP have committed to share digitalization competencies and technology across borders and advancing both companies’ digital agendas.Together…

Current News

Subsea Power Distribution Drawing Near

Jan De Nul Scores OWF Contract in Taiwan

Further Delay in Barryroe Project Loan

Seadrill Gets Kosmos Job

Siemens Gamesa Bags Formosa 2 Project

NPD Grants Drilling Permit to Aker BP

Abadi LNG Development Deal Reached

Okea's IPO Falls Short

BP Rig Zigzags in Chase with Greenpeace Ship

West Africa Offshore Outlook

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