Vroon recently implemented two new multi-purpose platform-supply vessels (MPSVs). The vessels, known as the VOS Primrose and VOS Prince, were launched on 10 Janurary and 11 Janurary 2015. These vessels are the third and fourth additions to a series of 10 sister vessels…
Ocean Rig UDW Inc. announced on 15 January 2015 that it has received commitments from lenders for a syndicated secured term loan designed to partially finance the construction costs of the Ocean Rig Apollo. The facility amount is for the…
Luxembourg-based Maritime Construction Services’ subsidiary New Orient Marine awarded Keppel Singmarine a US$200 million contract to build an ice-class multi-purpose vessel. The ice-class vessel will be designed to operate in temperature…
Mubadala Petroleum’s US$300 million Manora oil development is now producing from five wells in the northern Gulf of Thailand. The Atwood Orca jackup. From Atwood. The Manora oil field is located within the G1/48 concession…
Deloitte’s Petroleum Services Group’s latest North West Europe Review has revealed a drop in drilling, deals and new field start-ups in 2014. Deloitte says the drop in drilling was consistent with expectations, given recent trends and market conditions…
A new oilfield consultancy has been launched by GE Oil & Gas and McDermott International to “transform the development of front-end solutions for offshore fields.” Io oil & gas consulting, deliberately spelled without capital letters by the firms…
The N'Goma FPSO is now on hire to Eni after achieving a 72-hour continuous production test in early December and receiving a Production Readiness Notice (PRN). The N’Goma FPSO is operating on the West Hub, on Block 15/06 offshore Angola…
Total has started gas and condensate production from the high-pressure, high-temperature (HPHT) West Franklin Phase 2 project in the Central Graben area of the UK North Sea. The project, tapping 85 MMboe, will supply 40,000 boe/d to the…
Oceaneering International entered into a two-year, multi-service vessel charter agreement with Shell for use of the Ocean Alliance in the US Gulf of Mexico (GOM) commencing January 1, 2015. The Ocean Alliance is a US-flagged vessel built in 2010…
Mediterranean Shipping Company (MSC) launched its newest vessel, the MSC Oscar. The MSC Oscar. From MSC. The MSC Oscar has a 19,224 TEU capacity and is the largest container vessel ever built in regards to TEU capacity…
Singapore’s Jurong Shipyard awarded Ezra Holding subsidiary London Marine Consultants (LMC), a contract to supply an external turret mooring system for the Libra field’s extended well test (EWT) FPSO vessel. The Libra oil field is a large…
Italian giant Eni signed two concession agreements to explore two blocks in the Mediterranean Sea offshore Egypt as part of the 2013 Egyptian General Petroleum Corp. (EGAS) bid round. Image from Eni. Blocks…
Tullow Oil signed a contract in 2014 with ExproSoft for the continued use of WellMaster – the global well equipment reliability database. By tracking the failures of all their active wells, the operator enables increased production and reduced…
AVEVA opened a new office in Saudi Arabia to strengthen its presence in the Middle East and further enhance its growing global network. The office will offer sales and support for all of AVEVA’s solutions and services, with particular focus on owner operators (OOs) and engineering…
Mexico’s Cotemar S.A. De C.V. took delivery of its new emisubmersible vessel from Cosco (Nantong) Shipyard Co. The vessel, Neptuno, measures 91m in length, 67m in breadth and 27.5m in depth.