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Vard launches Canada subsidiary

Mar 18, 2014

Shipbuilding firm Vard has set up a new subsidiary for ship design, engineering and sales activities in Canada. Vard Marine Inc. is a ship design and marine engineering company providing solutions for offshore and specialized vessels such as offshore support…

NASA's Operation IceBridge campaign

Mar 17, 2014

Michael Studinger, a project scientist for NASA's Operation IceBridge, and Nathan Kurtz, a physical scientist, provide commentary during a virtual tour of the Operation IceBridge campaign in the Arctic.

Kongsberg wins Petrobras newbuild deal

Mar 17, 2014

Kongsberg Maritime has been chosen to deliver technology packages for ten new pipelaying vessels ordered by Brazilian multinational energy corporation, Petrobras. In contracts valued about US$19.85 million, the scope of supply includes Kongsberg…

McDermott conducts pipeline repair in UAE

Mar 17, 2014

McDermott International Inc. recently mobilized its dive support vessel (DSV) Thebaud Sea for an emergency pipeline repair offshore the United Arab Emirates. This is the third time in recent months that the DSV has been fast tracked to an emergency response…

Keppel bags string of contracts

Mar 17, 2014

Keppel Offshore & Marine’s subsidiaries have secured contracts worth about US$110 million in total. Keppel Shipyard will, for SOFEC Inc., fabricate an external turret mooring system for an FPSO vessel that will operate in the Tweneboa-Enyenra-Ntomme fields in Ghana…

Saipem picked for South Stream

Mar 17, 2014

Saipem has been contracted by South Stream Transport for the construction of the first line of the South Stream Offshore Pipeline, from Russia to Bulgaria across the Black Sea, for a total value of about US$2.7 billion. The South Stream…

Kenya well Sunbird-1 inconclusive

Mar 17, 2014

The Sunbird-1 exploration well in area L10A offshore southern Kenya is to be plugged and abandoned after finding hydrocarbons. Pancontinental Oil & Gas, which holds 18.75% WI in the BG Group-operated well, said while hydrocarbons were found…

Foum Assaka well spuds

Mar 17, 2014

Kosmos Energy subsidiary Kosmos Energy Deepwater Morocco has spudded the FA-1 well on the Eagle prospect in the Foum Assaka area offshore Morocco, according to partner Fastnet Oil & Gas.  The planned target depth is 4000m in about 600m water depth…

Russian-backed firm buys RWE Dea

Mar 17, 2014

Germany’s RWE Aktiengesellschaft has conditionally agreed to sell its exploration and production firm subsidiary RWE Dea AG to Russian-backed LetterOne Group for about Euro 5.1 billion (US$7 billion).  LetterOne was founded last year as an investment vehicle…

Moroccan heavy oil dampener

Mar 17, 2014

Cairn Energy's JM-1 well, offshore Morocco, is to be plugged and abandoned without testing, after funding heavy oil.  The JM-1 well (operated by Cairn with 37.5% WI) was drilled to evaluate Upper Jurassic and Middle Jurassic objectives…

Cairn contracts for 3D survey off India

Mar 15, 2014

Singapore-based Nordic Maritime has received a contract from Cairn India to provide 3D marine seismic data acquisition and processing services off the coast of Andhra Pradesh, India, starting later this month. Under the terms of the $23…

Bibby orders ROVs from SMD

Mar 14, 2014

SMD announces an order from Aberdeen based Bibby Remote intervention Limited (BRIL), part of Bibby Offshore, to supply a further two Quasar MkII 150hp 3000m rated work-class remotely operated vehicles (ROV) complete with Launch and Recovery systems (LARs)…

GE opens Hungary O&G plant

Mar 14, 2014

GE formally opened its newly expanded oil and gas facility in Fót, Hungary. The GE Oil & Gas manufacturing plant has been substantially enlarged with the addition of a new 8000sq m manufacturing facility and a new office building of 3000sq m…

SEG teams with Energistics on open standards

Mar 14, 2014

Energistics, the upstream oil and gas standards consortium, and the Society of Exploration Geophysicists (SEG), the international society of applied geophysics, have signed a Memorandum of Understanding to explore joint development opportunities…

BP cleared to enter GoM contracts

Mar 14, 2014

BP announced that it has entered into an administrative agreement with the United States Environmental Protection Agency (EPA), on behalf of the federal government, resolving all matters related to the suspension, debarment and statutory…

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