PGS has completed its fleet expansion with the naming of its latest newbuild, the Ramform Hyperion, at Mitsubishi Heavy Industries Shipbuilding yard in Nagasaki, Japan today (22 March). The first vessel of the Ramform Titan-class came in 2013 with the delivery of Ramform Titan…
Vryhof, a provider of anchoring and mooring solutions, and its business unit Deep Sea Mooring (DSM), a provider of offshore mooring services, have launched a new engineering unit to support the company’s offshore oil and gas, renewables and aquaculture operations across the globe…
Brunei Shell Petroleum Co. (BSP) awarded Geokinetics a contract to acquire a high-resolution 3D seismic survey, offshore Brunei Darussalam. The acquisition is scheduled for Q2 2017 and involves the deployment of a hybrid recording solution…
Halliburton (HAL) has developed a new offering in the SPECTRUM family of real-time coiled tubing services, the SPECTRUM FUSION service. The FUSION service includes the first real-time system in the market using hybrid cable technology that…
Eni’s Jangkrik floating production unit (FPU) is ready to set sail to the deepwater Kutei Basin offshore Indonesia, with first gas forecasted for June. Image of the Jangkrik ceremony, from Eni Twitter…
Bristow US was awarded a contract with Shell Offshore, a subsidiary of Royal Dutch Shell, for medevac and search and rescue (SAR) services in the Gulf of Mexico. Image from Bristow. As part of the contract…
EnerMech has been awarded a pre-commissioning subcontract by Technip Oceania, part of TechnipFMC in Australia, for work on the Shell Australia-operated Prelude floating liquefied natural gas (FLNG) project. The work scope includes the pre-installation filling of the risers…
Oilfield services giant Schlumberger and Subsea 7 have won contracts on BP's Mad Dog 2 deepwater development in the US Gulf of Mexico. Subsea 7 and Schlumberger, under the Subsea Production Systems alliance with OneSubsea, have been awarded a subsea production systems contract…
Statoil and its partners have agreed to move forward with a US$5.92-6.51 billion second phase development of the giant Johan Sverdrup field offshore Norway at a sub-$30/bbl break even price. The cost is half that estimated, when Statoil…
Keppel Corp. announced that Managing Director of Keppel FELS Chris Ong will be concurrently appointed acting chief executive officer (CEO) of Keppel Offshore & Marine (Keppel O&M), following the retirement of current Keppel O&M President Chow Yew Yuen…
The Ministry of Energy and Mines (MEM) of the Dominican Republic will implement a high-resolution 2D offshore seismic campaign as part of its efforts to determine the hydrocarbon potential of sedimentary basins from the country. The call…
Badger Explorer entered into a letter of intent (LOI) with the shareholders of Dwellop to acquire 100% of the outstanding shares of Dwellop for approximately US$22.4 million (NOK 190 million). In addition, certain shareholders of Badger…
L&T Hydrocarbon Engineering Ltd. (LTHE), a wholly owned subsidiary of Larsen & Toubro, has bagged an offshore contract for the Neelam Re-Development and B173AC Project from the Oil & Natural Gas Corp. (ONGC) valued at US$245 million. The contract…
A Norwegian newcomer with ties to Seadrill, Borr Drilling, is set to acquire Transocean’s entire jackup fleet, including newbuilds, in a US$1.35 billion deal. The Constellation II jackup. Image from Transocean…
Masirah Oil spudded the Karamah#1 exploration well in Block 50 offshore Oman last week (17 March). The Karamah prospect has a target depth of about 3km, and is on a structural closure approximately 13km away from the earlier GAS-1 discovery well…