Royal Boskalis Westminster has made a drastic decision to cut about 650 jobs worldwide, and take more than two dozen vessels out of service in the next two years as a result of the prolonged, weakened market. Image from Boskalis…
Lankhorst Engineered Products received an Innovation and Customer Focus award for its performance and teamwork on Shell’s Prelude FLNG project. The contract for the Shell Prelude FLNG project was awarded through Shell’s contractor Technip…
Following a mechanical error, Santos has completed drilling the AAL-4XST1 appraisal well in the Northwest Natuna permit area, offshore Indonesia. Map from AWE. The joint venture…
New and 'final' regulations regarding drilling in the US Arctic have been jointly issued by the country's authorities, including a requirement to have a relief rig on standby and containment equipment. Image from BSEE Twitter…
Prosafe has signed contract amendments and an extension with Petrobras which will see the Brazilian oil firm switch out the semisubmersible accommodation vessel Safe Eurus for sister vessel Safe Notos. Safe Notos was already due to start a contract with Petrobras…
CNR International has has exercised an option to extend the fixed term of the lease contract for floating production, storage and offloading (FPSO) vessel Espoir Ivoirien from 2017 to 2022. The vessel produces oil from the Espoir field since 2002…
Petrofac has been appointed well operator by Hurricane Energy in a three-year contract to support wells located West of Shetland. Petrofac is the first outsourced well operator to manage a drilling campaign in the UK Continental Shelf…
Houston-based Cobalt International Energy has recruited a second former former BHP Billiton employee this year, with the appointment of David D. Powell as its new chief financial officer (CFO) and executive vice president. Powell…
ABS Group received a contract to provide project certification services to DONG Energy Wind Power for the planned Borkum Riffgrund 2 (BKR02) offshore wind farm in Germany. Developed by DONG Energy, the BKR02 Project is expected to be fully commissioned in the first half of 2019…
Noble Energy and its partners in the Tamar project will drill at the Tamar-8 well offshore Israel in Q4 2016. Image of Tamar operations, from Delek. Tamar-8 is located 100km west of Haifa…
The first phase of a DNV-GL-led joint industry project (JIP) with South Korean shipyards to promote a global standard for engineering and construction of offshore oil and gas installations has delivered four recommended practices (RPs). The outcome of the JIP will be reduced complexity…
Halliburton announced Mark McCollum will resume his role as executive vice president and chief financial officer effective immediately. McCollum will continue reporting to Dave Lesar, chairman and CEO of Halliburton, and will remain a member of the company’s executive committee…
Ocean Yield completed the modification of the Aker Wayfarer multipurpose offshore construction vessel at Kleven Myklebust yesterday (6 July). The vessel is on long-term charter until 2027 and will receive an additional charter rate reflecting the modification investment as from 6 July 2016…
GC Rieber Shipping has secured a time charter agreement with Technip Angola for the SURF vessel Polar Onyx. The vessel will conduct SURF and construction duties in Angola. The charter commences prompt and lasts for up to two months. The…
Keppel Offshore & Marine’s (Keppel O&M) wholly owned subsidiary Keppel Shipyard has secured four contracts worth a total of nearly US$90 million (S$120 million) in Europe and Western Australia. Image from Keppel…