Oil and gas engineering services business Plexus Holdings has been awarded a contract with Galp Energia Tarfya to supply surface wellhead and mudline equipment services for an exploration well offshore Morocco. At its March capital markets day…
Technip has entered into an agreement to divest a majority stake of at least 51%, up to 75%, in Seamec Ltd. HAL Offshore Ltd., India at a consideration of Rs 97 per share (US$27 million for 51% stake and up to $40 million for 75% stake). This…
The Prelude FLNG subsea architecture, supported by traditional mudmats. image source: Shell. Mobile foundation technology could offer an economic solution to some stranded offshore hydrocarbon reserves…
Sakhalin Energy Investment Company (Sakhalin Energy) and Sovcomflot Shelf (SCF Shelf) on behalf of Sovcomflot Group have signed a contract for construction and long-term operation of a multifunctional icebreaking supply vessel for the Sakhalin-2 offshore platforms…
Octanex N.L. announced that OMV New Zealand Ltd. has completed the planned 2D seismic survey, named Mohua, in the Taranaki basin off New Zealand. OMV has confirmed the survey vessel, Aquila Explorer, commenced acquisition of the Mohua survey on 19 April…
Dubai-based rig and platform builder Lamprell has set an official Guinness World Record for the heaviest load moved by self-propelled modular trailers (SPMTs) as part of the Golden Eagle platform project (pictured). Lamprell’s contract was for a production…
Aker Solutions and Baker Hughes Incorporated have agreed to form an alliance to develop technology for production solutions that will boost output, increase recovery rates, and reduce costs for subsea fields. The non-incorporated alliance…
Offshore oil and gas decommissioning forum Decom North Sea (DNS) has appointed a new chief executive. Nigel Jenkins (pictured) will take up the post on July 1 and replaces Brian Nixon, who is retiring after playing an instrumental role…
Siem Offshore Contractors, a wholly-owned subsidiary of Siem Offshore, has been awarded the contract for the turnkey supply and installation package of the inner array grid cable system for the Nordsee One Offshore Wind Farm (OWF), a project developed by RWE Innogy…
COSCO subsidiary companies have picked up contracts to build four emergency response rescue field support vessels (ERRVs) and two platform supply vessels (PSVs). COSCO (Dalian) Shipyard Co. won the four- ERRV contract, from an Asian company…
Shipowner and operator, Swire Pacific Offshore Operations (SPO) has launched its new D-Class vessel, Pacific Dragon (pictured). The launch and naming ceremony was held at ST Marine shipyard and marked the completion of the eight-vessel D-Class series of 240T bollard pull…
Brazilian port infrastructure firm Prumo has signed a rental agreement with US vessel builder and operator Edison Chouest. Under the agreement, Edison Chouest will build an offshore logistics support base and ship repair yard for its vessels at Açu Port…
A new design for nuclear plants built on floating platforms, modeled after those used in the offshore oil and gas industry, has been created by professors at Massachusetts Institute of Technology (MIT). They say such a design could help avoid the disaster at Fukushima Daiichi nuclear plant…
Russian President Vladimir Putin hailed Russia's first shipment of Arctic offshore oil today. Gazprom Neft, the oil arm of Russia's top gas producer Gazprom, shipped the first 70,000 tonnes of oil by tanker from the Prirazlomnoye platform…
A slowdown in 2014 drilling will be short-lived, according to Noble Corporation, which posted growing margins thanks to its expanding fleet, with another four units due for delivery by the end of 2014. Noble’s chairman, president and CEO…