Mega mergers like FMC Technologies and Technip, Schlumberger and Cameron, and GE Oil & Gas and Baker Hughes have changed the subsea industry landscape forever, says Mike Beveridge, managing director at Simmons & Co. International. And…
Dynamic Industries Saudi Arabia (Dynamic Saudi Arabia), headquartered in Al-Khobar KSA, and Houston-headquartered Dynamic Industries International (Dynamic International), have been awarded a major offshore project under their long-term agreement with Saudi Aramco…
Gazprom Neft subsidiary, Gazpromneft Sakhalin, has acquired a license for the exploration, development and production of hydrocarbons at the Ayashsky block, on the continental shelf of the Sea of Okhotsk. Map of the Ayashsky block…
Java Offshore has gained a majority stake in Asian Geos Sdn Bhd, a specialist offshore geotechnical and geophysical service provider within the Asia Pacific market from both Gardline Geosciences and Helms Geomarine Sdn Bhd in a recent acquisition deal…
McDermott International announced a double win in the Middle East today (25 January), including a contract for the largest offshore oil field in the world. Its first “substantial contract,” from Saudi Aramco, is for engineering, procurement…
Global science-based technology company, 3M has completed a global oil and gas industry first by deploying its Ceramic Sand Screens using a light well intervention vessel instead of a full rig. The North Sea contract was the first time…
French research institute Ifremer has chosen French robotics and automation firm ECA Group to develop an ultra deep autonomous underwater vehicle (AUV) able to reach 6000m water depth. Through the move, ECA Group will become the prime…
Norwegian geoscience firm Spectrum has made an offer to acquire fellow Norwegian outfit MultiClient Geophysical for US$13.94 million (NOK 116 million). The offer trumps an earlier offer made by UK-based geoscience firm Geoex by about…
Nido Petroleum is set to drill its Galoc-7/7ST appraisal well in Block C1 SC 14 offshore the Philippines, starting in March. The firm has agreed a one-well drilling contract for the Odfjell Drilling operated ultra deepwater drillship Deepsea Metro I for the work…
Ulstein Verft has signed a contract to build a DP2 (dynamic positioning) construction support vessel (CSV) for the Netherlands based Acta Marine. The vessel is primarily aimed at the offshore wind market and carries the SX195 design from Ulstein Design & Solutions…
Spectrum has commenced a 6000km Multi-Client 2D survey offshore Brazil in the Potiguar Basin. The acquisition program is an extension of Spectrum's 2013 Potiguar Phase 1 survey. Spectrum's Equatorial Margin database offshore Brazil, currently totals more than 110…
After jackup vessel Seajacks Scylla’s first successful assignment on phase 1 of the Veja Mate Offshore Windpark project, the vessel upgraded its mooring system at the Rotterdam Offshore Group (ROG) terminal in the Waalhaven. ROG worked…
EnerQuip, designer and manufacture of torque machines and associated products, has opened a new facility in Houston following a growing demand for its products and services. The company has invested US$1 million in this facility, EnerQuip Torque Solutions Inc…
The Bureau of Safety and Environmental Enforcement (BSEE) and US Coast Guard (USCG) signed four revised memorandums of agreement (MOAs) this week in order to improve regulatory collaboration related to the energy industry on the US Outer Continental Shelf (OCS)…
EnQuest confirmed that its Kraken floating production and storage offloading unit (FPSO) arrived in the North Sea, set to deliver first oil in Q2 2017. Image of EnQuest. The US$2…