Viking Offshore & Marine will partner with Chan Kwan Bian (Chan) to construct a $180MM drilling jackup rig, marking Viking’s entrance into the rig building and rig charter market. Executive Director Daniel Lin said that with this agreement…
Singapore-based investment-holding company SEA9 Pte. Ltd. moved to acquire all the issued and paid-up ordinary shares in the capital of Kreuz for S$0.80 per ordinary shares in the capital of Kreuz. Swiber will receive a consideration of S$256…
ThoughtStream: Opinion Over many decades, shipping has actually become safer and cleaner, not to mention more cost-effective. International rules and regulations in relation to the safety of life at sea or safety in general have been traditionally developed and implemented with great success…
Colloquy: Editor’s Column BP will invest US$100 million in high-performance computing over five years, and part of that is being spent on a new facility at the Westlake campus in Houston, housing the world’s largest super computer for…
Exxon Mobil Corp. has received extensions on three of its production sharing contract licenses offshore Madagascar, the company announced on 6 November 2013. The supermajor said the extensions will enable the resumption of exploration activities on the Ampasindava…
Eni Norge provides this video clip of the living quarters being lifted into place at the Goliat FPSO. Lifting the modules, required the use of a crane with the capacity to lift 1.6 million kg, ENI said. The five-level living quarters modules weighed 1100 tonnes…
Angus Lugsdin, business development manager at Tritech International, outlined the value of multibeam sonar technology for real-time integrity monitoring at a technical session on structural integrity at Aberdeen’s Offshore Europe Conference in September…
During Weatherford's earnings conference call on Nov. 4, Chief Administrative Officer Dharmesh Mehta discussed the company's upcoming divestment plans. 'During Q3, we made good progress on our old oil divestiture program. The following…
Innovate or die. Newer and better tech is always needed in the oil & gas industry –even when companies aren’t exactly shouting to be first in line, OE asked: “How can technology innovation improve?” The offshore opportunity is vast…
Aberdeen-based subsea installation contractor Bibby Offshore has purchased two Sprint subsea inertial navigation systems from Sonardyne International Ltd. to support ROV operations carried out by its new offshore survey business division…
Wood Group PSN (WGPSN) has secured a 1-year contract extension from Chevron North Sea Limited to deliver engineering and construction services to its assets in the Alba and Captain fields in the UK North Sea. Effective immediately, the…
Ocean Rig and Energean Oil & Gas are to join forces in order to participate in new bid rounds for exploration and exploitation of hydrocarbons, in Greece and abroad, in more than 1000m deep water. Energean said the companies had agreed to set up a joint venture called OceanEnergean…
Dana Petroleum group CEO Marcus Richards believes the oil industry is seeing a structural shift. He gave his personal views at a UK Chatham House event: I would like address the questions raised by the shift in oil demand to industrialized economies in terms of energy security…
ORPC Solutions, a subsidiary of Ocean Renewable Power Company (ORPC), is to provide project management and services to Resolute Marine Energy’s (RME) Yakutat Wave Energy Project in Alaska. Located on the Gulf of Alaska 200 miles northwest of Juneau…
Arnaud Breuillac has been appointed president, exploration and production at Total, effective January 1. He will report to Yves Louis Darricarrère, upstream president and member of Total’s executive committee. Yves-Louis Darricarrère was appointed president…