Rosneft and General Electric signed an agreement to set up a series of joint ventures. The document was signed by Rosneft President Igor Sechin, and General Electric CEO Jeffrey Immelt in the presence of the Prime Minister of the Russian Federation…
Diamond Offshore Drilling, Inc. appointed Marc Edwards as president and CEO, and as a member of the board of directors, effective 3 Mar 2014. Edwards succeeds Lawrence Dickerson, who announced his intent to retire in September 2013 after almost 30 years of continuous service to the company…
Aibel Thailand has signed the contract for the topside procurement and fabrication of the Tweneboa, Enyenra & Ntomme (TEN) project with MODEC. The scope includes seven modules weighing in total 9400-tonne. Image: Nick Routledge, VP…
Norway's ClampOn has won an order to supply 130 topside leak monitors for Statoil’s Gina Krog project (pictured). The contract was awarded by Solberg & Andersen in Bergen, Norway, and will be part of their ValveWatch condition monitoring system…
Finland's Wärtsilä has signed a contract for a range of pumping solutions for a new floating storage unit (FSU) to be used on the Mariner oilfield in the North Sea (pictured). Wärtsilä's contract is with South Korea's Samsung Heavy Industries (SHI)…
FMC Technologies received an order from Eni Muara Bakau BV to supply subsea systems for its deepwater Jangkrik Complex development offshore Indonesia. The order has an estimated value of US $720 million in revenue if the full scope of the award is called off…
Petronas has reached the final investment decision(FID) for its second FLNG facility project, off the coast of Sabah in Malaysia. The FID was approved by the Petronas board on 23 Jan 2014. Subsequently, Petronas has issued a letter of award for the engineering procurement…
Artificial Lift Company moved its headquarters to Houston from Great Yarmouth, United Kingdom, Artificial Lift President and CEO David Malone announced. Situated in the Westchase District near the Energy Corridor, the company’s offices and warehouse total 28…
Delek Group's gas subsidiaries announced that the Petroleum Commissioner of the Ministry of Energy and Water Resources announced to the partners in Rachel/349 and Amit/350 licenses its decision with regards to extending the validity of these licenses until 20 March 2014…
Hyundai Heavy Industries (Hyundai) has awarded Kvaerner a sub-contract to provide services for inshore and offshore hook-up and commissioning assistance for the topsides for the Aasta Hansteen spar project (pictured). The inshore-work…
Seatronics Inc. is moving to a new, purpose-built facility in Houston to expand its rental, sales and service work for customers throughout North and Central America. The new plant contains service facilities for cable moulding, connector…
Salamander Energy has said damaged risers on the Rubicon Vantage floating production, storage and offloading (FPSO) vessel have been repaired and production from the Bualuang field has restarted. Bad weather had slowed work to replace riser sections…
Keppel FELS Limited (Keppel FELS), a wholly owned subsidiary of Keppel Offshore & Marine (Keppel O&M), has secured contracts to build three high-specification KFELS B Class jackup rigs worth about US$650 million from Fecon International Corp (Fecon)…
Abu Dhabi Marine Operating Company (ADMA-OPCO) has selected Technip for project management consultancy services on the Zakum field, offshore Abu Dhabi The contract will cover the engineering, procurement, and construction (EPC) phases of the Zakum Oil Lines Replacement Project-Phase 1 (ZKOL)…
UK-based engineering and project management firm AMEC and its partners in the AJS joint venture, Jacobs and Stork, have secured a five-year contract extension for the integrated services contract for the Shell ONEgas assets in the southern North Sea…