FMC Technologies awarded DNV GL to perform independent third party verification of a high pressure, high temperature (HPHT) subsea completion, production and work-over system. Subsea illustration…
James Fisher Offshore, part of James Fisher and Sons, announces that it has reached an agreement with administrators KPMG to acquire a number of subsea assets free from encumbrances from Specialist Subsea Services. The investment compliments…
ABT Oil & Gas (ABTOG) has signed a Collaboration Agreement Aberdeen based engineering firm Apollo Offshore Engineering on its marginal field delivery consortium. Apollo will join the Marginal Field Delivery Consortium providing expertise…
Celebrating its 40th Anniversary, Offshore Engineer (OE) and Hasbro Inc, an American multinational toy and game company, teamed up to create a custom MONOPOLY Game for the offshore industry. The OE 40th Anniversary Collector’s Edition MONOPOLY…
Netherlands-based, Huisman announced today that André Meijer is appointed as CEO effective 1 August 2015. This appointment follows the decision of Joop Roodenburg to step down as the company’s CEO this year and become the company's chief technology officer…
James Fisher Offshore, part of James Fisher and Sons, has reached an agreement with KPMG in Scotland to acquire a number of subsea assets free from encumbrances from Specialist Subsea Services. The assets include work-class ROVs, inspection class ROV and survey equipment…
Siem Offshore (SIOFF) agreed to sell Siem Daya 1 to Daya for US$120 million. In addition, SIOFF is entitled to a 60/40 profit share in SIOFFs favor based on the profit Daya makes on the vessel limited to an additional $10 million…
In the words of a wildly popular weekly US television series: “BP, you are in danger. Hess…you’re safe!” Due to current low oil price realizations, BP's consolidated cash flows in 1Q fell to about US$1.9 billion, a significant fall from a year ago…
At the 2015 Offshore Technology Conference (OTC), Petrobras will receive the OTC Distinguished Achievement Award for Companies, Organizations, and Institutions – the highest recognition that an oil company can receive as an offshore operator…
UK supermajor BP awarded Cape a US$153.5 million two-year contract to supply services on six North Sea assets and the Forties Pipeline Systems. According to Cape, the company will provide a range of core services, including access, insulation…
Oil & Gas UK appointed Deirdre Michie as its new chief executive on 1 May 2015. Michie will replace Malcolm Webb who, following a brief handover period, formally retires on 31 May 2015. Appointed by the board of Oil & Gas UK in February 2015…
Chariot Oil & Gas and partners secured a one-year extension on its current exploration phase of the C-19 license offshore Mauritania, North Africa. Map from Chariot. As part of the extension…
Optimism continues to fall in the UK oil and gas industry according to the 1Q 2015 Oil & Gas UK Business Sentiment Index published 30 April 2015, which shows confidence in the sector has dropped from minus 23 points to minus 31 on a -50/+50 scale…
Polymer-lined pipe has been around since the 1990s, but its potential has yet to be fully tapped, according to those behind JIPs to extend use of this technology. Mostafa Tantawi and David Whittle explain. Swagelinings enior…
Often I am asked – what is classification? We get this question a good bit in the offshore industry where the role of class might not be as pronounced as it is in the marine industry. Watson. From ABS…