Netherlands-based, Huisman announced today that André Meijer is appointed as CEO effective 1 August 2015. This appointment follows the decision of Joop Roodenburg to step down as the company’s CEO this year and become the company's chief technology officer…
James Fisher Offshore, part of James Fisher and Sons, has reached an agreement with KPMG in Scotland to acquire a number of subsea assets free from encumbrances from Specialist Subsea Services. The assets include work-class ROVs, inspection class ROV and survey equipment…
Siem Offshore (SIOFF) agreed to sell Siem Daya 1 to Daya for US$120 million. In addition, SIOFF is entitled to a 60/40 profit share in SIOFFs favor based on the profit Daya makes on the vessel limited to an additional $10 million…
In the words of a wildly popular weekly US television series: “BP, you are in danger. Hess…you’re safe!” Due to current low oil price realizations, BP's consolidated cash flows in 1Q fell to about US$1.9 billion, a significant fall from a year ago…
At the 2015 Offshore Technology Conference (OTC), Petrobras will receive the OTC Distinguished Achievement Award for Companies, Organizations, and Institutions – the highest recognition that an oil company can receive as an offshore operator…
UK supermajor BP awarded Cape a US$153.5 million two-year contract to supply services on six North Sea assets and the Forties Pipeline Systems. According to Cape, the company will provide a range of core services, including access, insulation…
Oil & Gas UK appointed Deirdre Michie as its new chief executive on 1 May 2015. Michie will replace Malcolm Webb who, following a brief handover period, formally retires on 31 May 2015. Appointed by the board of Oil & Gas UK in February 2015…
Chariot Oil & Gas and partners secured a one-year extension on its current exploration phase of the C-19 license offshore Mauritania, North Africa. Map from Chariot. As part of the extension…
Hardfacing has been given a tungsten carbide boost thanks to chemical vapor deposition technology developed in Russia. Elaine Maslin explains. Hardide reactor loading to perform the CVD process…
Italian engineering companies could offer competitive engineering, procurement and construction services in the Mediterranean Sea, should activity pick up, but West Africa is currently the hot spot for contracts. Litchendjili…
Ultra-HPHT, other technologies advance despite oil price drop, but actual deployment in Gulf of Mexico could slow. Bruce Nichols puts it in perspective. Anadarko’s Lucius Truss Spar, located in 7100ft of water…
Bruce Crager profiles some of the floating production vessels already being used offshore Mexico, and highlights what is yet to come. FPSO Yùum K’ak’Náab is currently operating in the KMZ oilfield in the Bay of Campeche…
Protecting, inspecting and repairing pipelines in the shallow waters of the Middle East isn’t as easy as it sounds. Elaine Maslin reports. McDermott’s DP2 offshore construction support vessel Thedbaud Sea in the Middle East…
Subsea trenching has become more versatile with Fugro and SMD’s Q1400. Mike Daniel explains. Launching the Fugro Q1400 trenching system. Photos from Fugro Subsea. It is important to bury wind farm cables…
Jerry Lee provides an overview of Mexico’s Ku-Maloob-Zaap (KMZ) heavy oilfield in the Bay of Campeche. Pemex’s Ku-S central processing installation at the Ku-Maloob-Zaap oilfield in the Bay of Campeche offshore Mexico…