Repsol Sinopec Resources UK has exercised options to further extend the charter of the Safe Boreas semisubmersible accommodation vessel by a total of 21 days. The firm operational period of the Safe Boreas at Montrose A in the UK sector…
Decommissioning offshore structures isn’t going away any time soon and research points to a US$210 billion bill for this activity from 2020-2040 worldwide. John Bradbury looks at the market. Allseas’…
2017 may be the year things start to look up in the oil and gas sector. Audrey Leon speaks with Robin Mann of Deloitte, to get a clearer picture on the activity front. Image from iStock. OE…
CIMC Offshore Co., a wholly-owned subsidiary of China International Marine Containers (CIMC) Co., intends to partner with Shenzhen Mangrove Venture Capital Co. and China Industrial International Trust Co. to jointly establish Tianjin Lanshui…
Barakah Offshore Petroleum has won a two-year, US$4.4 million (RM20.0 million) contract from Murphy Oil to provide work on the company's Kikeh spar platform, offshore Malaysia. The work will be done by Barakah's wholly-owned subsidiary company…
Hoover Ferguson Group (Hoover Ferguson), a provider of container, workspace and packaging solutions for the energy and petrochemical industries and general industrial enterprises, has acquired the rights and obligations of Uniteam Holding’s (Uniteam’s) offshore container rental business…
Malaysia's Petronas will voluntarily make some adjustments to its crude oil production beginning in January 2017, a decision that stems from the Organization of the Petroleum Exporting Countries (OPEC) and non-OPEC producers made earlier this month…
Empyrean Energy has been awarded a permit for 100% of the exploration rights for Block 29/11, located in the Pearl River Mouth Basin (PRMB), offshore China, following a successful application to the China National Offshore Oil Corp. Empyrean…
Wärtsilä will provide extensive technical support and advisory services for Singapore-based large cutter dredger Cassiopeia V. The five-year technical management agreement includes dynamic maintenance planning (DMP) and is complemented by…
Flexible Engineered Solutions International (FES), a supplier of fluid transfer systems to the oil and gas offshore industry, has developed the CALM Buoy Swivel for a major manufacturer of marine equipment, based in China. The CALM Buoy Swivel…
Chevron has canceled a US$1.8 billion floating production and storage offloading (FPSO) newbuild order with Hyundai Heavy Industries (HHI) that was destined for the supermajor’s Rosebank deepwater project in the North Sea. Illustration of the FPSO…
Wärtsilä has signed a manufacturing license agreement with Jiujiang Precision Measuring Technology Research Institute, a subsidiary of China State Shipbuilding Corp. (CSSC), based in Jiujiang, China. The two-way agreement provides CSSC with…
RINA Indonesia, in consortium with PT Depriwangga, has been awarded a contract by Chevron Indonesia to provide QA/QC inspection services as part of the offshore Bangka Field development project. The Bangka Field is located approximately…
DSME and Kongsberg Maritime entered into joint development agreement (JDA) to develop a new liquefied natural gas (LNG) floating storage and regasification unit (FSRU) control system Image of Wean…
Henry Woo is to head up the Asia-Pacific (APAC) division at Hansa Heavy Lift, taking over from Joerg Roehl. Woo, who will be based at the shipping line’s Asia headquarters in Singapore, has two decades of experience in the supply chain and shipping industry…