The Norwegian Petroleum Directorate has granted Norwegian exploration and development company, Det norske oljeselskap ASA, a drilling permit for well 2/9-5 S. Well 2/9-5 S will be drilled from the Mærsk Giant jackup drilling facility at position 56°24’45…
Subsea 7, announced it has received a delivery of a consignment of acoustic release transponders and accompanying heavy duty release frames from Sonardyne International Ltd. The Oceanographic Release Transponders (ORTs) will be used, up to 17 at a time…
Bourbon Offshore celebrates delivery of its 500th vessel, placing the group at the head of the world's largest fleet of vessels operated1 for the offshore marine services industry. Bourbon announces the entry into service of the Bourbon Evolution 806…
Inpex’s Australian Ichthys LNG project has reached 50% completion less than two-and-a-half years after its final investment decision was made, the Japanese operator announced on 25 June 2014. The company said that the semisubmersible pipelay…
Technip has agreed to take a majority stake in Norwegian firm Inocean after entering into a strategic cooperation agreement with the firm, to further develop offshore floater engineering services for the Norwegian continental shelf and other offshore markets worldwide…
Aker Solutions' subsidiary Aker Oilfield Services was notified by Total in Angola of the termination of a US$250 million, two-year contract for the Skandi Aker vessel. Skandi Aker started operations as a well-intervention vessel for the first time in September last year…
Russian national Rosneft and private oil giant Lukoil have started drilling appraisal well №. 1 at the Caspian Oil Co.-operated Ribachya structure in the North Caspian project license. Total prospective resources of the block are estimated at 1…
First steel cut on two supply vessels for Russia's Lukoil has started at Keppel Nantong Shipyard Co.'s yard in Nantong on 18 June. The two Russian Maritime Register of Shipping (RS) class vessels have been designed to supply resources…
Statoil will pay COSL Offshore Management (COM) a one-time settlement of US$65 million under an agreement reached today that ends disputes related to the stand-by fees of two semisubmersible platforms. The stand-by fees stemmed from the installation of third-party equipment…
Italian shipbuilder Fincantieri is making an initial public offering to raise funds for projects and acquisitions. The company is wholly owned by Italian state lender Cassa Depositi e Prestiti (CDP). It will offer up to 38.2%, and new shares will be priced between €0…
OceanGeo BV completed an ocean-bottom cable seismic survey in the Gulf of Paria off Trinidad for the state-owned Petroleum Co. of Trinidad and Tobago Ltd. (Petrotrin). The work began 2 Jan 2014 and the wide-azimuth acquisition work was completed on 30 May 2014…
The Oyo-8 development well, located offshore Nigeria in OML 120, was spudded on 15 June 2014, operator CAMAC Energy Inc. announced. The Oyo-8 well, which CAMAC Energy owns and operates with 100% interest, lies within the Oyo field, which…
The topside destined for the Valemon field offshore Norway was loaded onto the heavy transport vessel Dockwise Triumph at Samsung Heavy Industries in South Korea, on 1 June 2014. The 216.75m-long vessel left the Geoje yard on the morning of 15 June…
Netherlands-based Vroon Offshore Services started operations in Turkey this week. The company’s anchor-handling tug-supply (AHTS) vessels, VOS Tethys and VOS Athos, are currently assisting in positioning operations for the jack-up drilling rig GSP Prometeu…
KNOT Offshore Partners LP formed an agreement with Brazil Shipping I Ltd., an affiliate of BG Group, for the time charter of shuttle tanker Windsor Knutsen, the company announced on 13 June 2014. The charter has an initial term of two years…