SMD has been honoured with the prestigious Queen’s Award for Enterprise in the Innovation category in recognition of the development of its specialist subsea trenching technology. This is the third Queen’s Award for Enterprise that SMD has won in the last three years…
To underline its commitment to the energy sector and to support the company’s rapidly growing offshore oil and gas business, Yokogawa announces the opening of new North Sea headquarters in Aberdeen, Scotland. The new 500m2 office is based in Westhill…
To facilitate further growth and to support the Managing Director, BMT ARGOSS (BMT), a subsidiary of BMT Group Ltd, announced today the appointment of two new Directors. Both Directors will help to drive business improvements and further enhance the effective management of the company…
Nexans, a worldwide expert in the cable industry, has made a breakthrough in the Malaysia offshore sector with the award of a major contract by Persada Engineering to supply an electro/hydraulic subsea umbilical for Sarawak Shell Berhad’s F29 field development…
Lebanon's Petroleum Administration has revealed the results of a pre-qualification process to select companies who will be able to bid in its first offshore exploration round. Of 54 companies applying to take part, 46 have been approved to bid in the round…
Petroceltic International the upstream oil and gas exploration and production company focused on North Africa, the Mediterranean and the Black Sea regions is pleased to announce its participation in a joint venture with Edison International Spa which was the successful bidder for two blocks…
Statoil and partner Petoro have proven considerable additional resources in the Shetland Group/Lista Formation in the Gullfaks licence. The Shetland Group and the Lista Formation are younger and slightly shallower deposits with different…
Anadarko Petroleum encountered approximately 190ft (58m) of net natural gas pay at its Orca-1 discovery well, off Mozambique, the company announced on April 18, 2013. The gas discovery is contained in a Paleocene fan system at Offshore Area 1 in the Rovuma Basin…
The MacArtney Underwater Technology Group is pleased to announce the entering of a distributors agreement with Cooper Interconnect, hereby adding BurtonTM subsea connectors, penetrators and accessories to the MacArtney range of underwater connectivity solutions…
Kosmos Energy announced today that it has entered into two farm-in agreements, whereby Kosmos is acquiring an interest in multiple blocks in the prospective Porcupine Basin, offshore the west coast of Ireland. Porcupine Map (Image…
Rosneft and Marubeni Corp. signed Memorandum of Cooperation in LNG project implementation and joint exploration and development of oil and gas fields on April 17, 2013 The document was signed by Igor Sechin, Rosneft President and Chairman of the Management Board…
The UK’s prolonged winter muted drilling and deals growth in the North Sea after a strong finish to 2012, according to a new report from Deloitte, the business advisory firm, into offshore activity. The report, compiled by Deloitte’s Petroleum Services Group (PSG)…
Asset Guardian Solutions Ltd (AGSL), which specialises in protecting companies’ process critical software assets, announced that it has secured an important contract with Stena Drilling Ltd of Aberdeen, Scotland. This contract represents a significant development for AGSL…
Lockheed Martin has announced that it is working with Reignwood Group to develop an Ocean Thermal Energy Conversion (OTEC) pilot power plant off the coast of southern China. A memorandum of agreement between the two companies was signed in Beijing on Saturday…
Harkand is investing upwards of US$30million to expand its global fleet of remotely operated vehicle systems as the company drives forward with its ambitious growth strategy. The Group has signed a deal with Forum Subsea Technologies…