Royal Boskalis Westminster NV has acquired all shares of the UK’s Gardline Group as of today (15 August) in a US$51 million deal, including debt. Helios dredger. Image from Boskalis. The…
Major offshore drilling contractor Transocean has moved to purchase Cyprus-headquartered Songa Offshore in a US$3.4 billion deal, the two companies announced today (15 August). Transocean expects the merger to close in Q4 2017. The Songa Endurance…
Repsol Sinopec Resources UK’s Buchan Alpha oil production vessel arrived in Lerwick, Shetland for disposal. Buchan Alpha arrives in Lerwick. Image from Repsol. Repsol says…
Bumi Armada has signed a supplementary agreement with Lukoil for additional engineering, procurement, construction and installation (EPCI) work at the Filanovsky field in the Russian sector of the Caspian Sea. Aramada Installer…
Dutch company Royal IHC and Brazil’s GranInvestimentos have formed a new partnership, GranIHC Services, to deliver innovative and integrated life cycle solutions, increase their operational and service activities, while expanding their presence in Latin America…
Aker BP has signed a US$68 million deal with Odfjell Drilling for use of the Deepsea Stavanger at various locations in the Norwegian Sea and the Barents Sea. Deepsea Stavanger. Image from Odfjell…
SBM Offshore revealed that it has inked a deal for its Fast4Ward standardization program, signing a contract in June for the first newbuild hull with China Shipbuilding Trading Co. (CSTC) and the Shanghai Waigaoqiao Shipbuilding (SWS) shipyard…
Transocean seems to be shaping up with a busy quarter of reactivating rigs and extending contracts, as the offshore drilling contractor sets its sights on nearly 60 floater programs that could begin within the next 18 months. The Transocean Nautilus…
Fugro Saltire. Image from Forland. Fugro Subsea Services has canceled a long-term charter deal with Forland Subsea II, for the Fugro Saltire construction vessel, effective 1 October 2017…
Brazil is slowly emerging from one of its worst economic crises with the country’s oil and gas sector no exception, says the EIC’s Pietro Ferreira. Peregrino A platform. Photo from Statoil/ Øyvind Hagen…
Finding a way to tap the North Sea’s estimated 3.4 billion of resources currently locked up in marginal pools has become a perennial problem. Elaine Maslin looks at a past solution and ideas for today outlined at an SUT Aberdeen event earlier this year…
Infield Systems’ Catarina Podevyn surveys the FPSO market and discusses recent projects awards. The John Evans Atta Mills MV25 FPSO, operating at Tullow’s TEN project, offshore Ghana. Photo from MODEC…
The Internet of Things is becoming ever more embedded in the oil psyche. Steve Hamlen reports. Mackinnon The increasing use of sensors coupled with the progress in data collection…
Mobile offshore drilling units could be a FPU conversion alternative. Karen Boman sets out the details. InterMoor tows the ATP Innovator FPU from the Gomez field in the Gulf of Mexico.Photo from InterMoor’s Flickr…
Waxy crude on the Pil and Bue project and topside constraints has led VNG Norge to explore pipe-in-pipe heating systems. Elaine Maslin reports. Statoil’s Njord A facility. Photo by Thomas Sola/Statoil…