Trelleborg’s engineered products operation has successfully completed its supply of floatover equipment for Phase 3 of the DSO Escravos Gas Project; the operation’s first floatover in West Africa. Contracted by Hyundai Heavy Industries (HHI)…
Research and Markets issued a new report on the global subsea BOP market, and the analyst firm says that it expects the market to grow at a CAGR of 6.5% over the period 2014-2019. BOP is a high pressure mechanical safety valve system at the top of a well head…
Work on UK independent Ithaca Energy's Greater Stella Area (GSA) floating production unit is reaching a peak in Remontowa's Polish shipyard. Ithaca says manning levels on the FPF-1 vessel have been at historic highs over recent weeks…
BP has appointed a former MI6 chief to its board of directors, the firm announced this morning. Former Chief of UK Secrete Intelligence Service MI6, Macro Advisory Partners chairman Sir John Sawers (pictured left) has been appointed a non-executive director of the oil major…
Offshore Ireland focused Providence Resources is narrowing its focus on to the Polaris oil prospect after a survey over its Rathlin Basin license. The firm has relinquished some 70% of the 100% operated license, P1885, containing Polaris…
International testing, inspection, certification and consulting engineering group RINA has acquired Houston-based QIC as part of its strategy to expand and internationalise services to the oil and gas industries. QIC is a leading testing…
Drydocks World is to build an external turret mooring systems for JX Nippon’s Layang field floating production vessel offshore Malaysia. Under a contract with UK-based naval architects Orwell Offshore, Dubai-based Dydocks World is expected to supply the turret system by Q1 2016…
Shell’s Executive Vice President, Arctic, Ann Pickard discussed the supermajor’s investment and current challenges facing its Arctic exploration program at this year’s Offshore Technology Conference (OTC) in Houston on 5 May 2015. In the summer of 2015…
With West Texas Intermediate trading at US$60.13/bbl and NYME natural gas set at $2.94/MMBtu, hydrocarbon producers are looking for ways and means to survive the low price environment. Some of those that are best weathering the storm are those that made specific choices before the fall…
Mobile satellite communication services provider Inmarsat announced that the Global Xpress (GX) and FleetBroadband terminals –manufactured by Intellian – are approved for use with FleetBroadband Xtra. Designed to enable high-speed broadband connectivity…
Houston-headquartered engineering firm McDermott has made nearly 1700 job cuts following a review of the company's cost structure. The firm says 475 were cut up to March, through organizational efficiencies, which have helped save some US$27…
Engineering and project management firm Atkins has own a pre-front end engineering and design decommissioning contract with Centrica Energy. The five-year agreement will see Atkins provide UK-based Centrica with engineering and design services…
Diamond Offshore's Ocean Victory semisubmersible drilling rig has arrived in Trinidad and Tobago to start drilling operations for BP. The rig, which is currently taking on personnel, equipment and supplies, in port, is due to move to the Juniper field…
Premier Oil is planning to make sanction decisions on its Falkands Sea Lion and Norwegian Vette developments in 2016, the operator said this morning. The plans come as the firm says it is making “improved progress” on the completion…
The National Offshore Petroleum Titles Administrator (NOPTA) has granted a six-month extension to the permit year 5 of NT/P68 located offshore northern Australia, said MEO Australia Ltd. Permit year 5 will now end 26 October, plus give…