Wärtsilä signed a five-year technical management agreement with Golar Management Oslo for delivery of services to Golar LNG - one of the largest independent owners and operators of liquefied natural gas (LNG) carriers in the world. The Golar LNG vessel…
Australia's Pancontinental is withdrawing from the BG Group-operated Kenya license L10B and from the production sharing agreement governing L10B. Pancontinental holds a 25% interest in L10B, while BG holds 75%. L10B is immediately south of area L10A…
London’s Afren is appointing Roc Oil's former Chief Executive Officer (CEO) Alan Linn as its new CEO to take the place of Osman Shahenshah, who was terminated for “gross misconduct” in October 2014. Linn…
Siemens is opening its new oil and gas headquarters in Houston. Siemens managing board member Lisa Davis, who leads Siemens’ oil and gas and power generation businesses, will be based in the West Memorial Drive office in Houston’s energy…
Gazprom Neft and Petrovietnam signed a series of agreements to extend their collaboration activity on the Pechora Sea shelf. Dolginskoye field. From Gazprom. The joint oil and gas exploration…
NEOS GeoSolutions (NEOS) completed a neoSCAN study over an approximately 20,000sq km area of investigation (AOI) along the South Atlantic Margin. As part of this project, NEOS integrated and simultaneously interpreted several existing…
North Sea oil and gas operators have committed to fund a search and rescue (SAR) helicopter service, supplementing national SAR cover for parts of the Central North Sea. The participating companies have awarded Bond Offshore Helicopters a US$88…
Aqualis Offshore completed the marine warranty services for the dry transportation of the mobile offshore drilling unit Valiant Driller jackup from Indonesia to India, where it will operate for ONGC. Aqualis currently provides marine warranty services on 26 rigs offshore India…
Wärtsilä inaugurated its first unit at Porto do Açu in São João da Barra (RJ), Brazil. This is the first assembly plant and production unit for generator sets and azimuth thrusters in Brazil for Wärtsilä. Covering 4000sq m of floor space…
Norske Shell has awarded IKM Subsea a long term IMR and ROV service contract. The contract value including options about US$19.1 million (150 million NOK) and duration term is firm for five years, plus five yearly options. “We are…
Alphastrut has expanded its operations by opening an office in Busan, South Korea. The Scotland-headquartered company has already enjoyed success in having its weight-saving aluminum support system specified for use on major North Sea platform developments for BP…
Royal IHC (IHC) has integrated four of its business units – IHC Hydrohammer, IHC Handling Systems, IHC Sea Steel and IHC Fundex Equipment – into one new organization, operating under the name IHC IQIP. All four IHC business units have already proved their capabilities on a global scale…
Woodside Petroleum's proposed acquisition of Houston-based Apache's interests in the Wheatstone, Balnaves and Kitimat projects are moving forward after the Australian Competition and Consumer Commission (ACCC) announced that it will not oppose the deal…
ShawCor Ltd.(SCL) completed the acquisition of Dhatec B.V. for an undisclosed amount. “The acquisition of Dhatec will complement our pipeline performance strategy of combining pipe coating products and services into innovative solutions…
Keppel FELS, a wholly owned subsidiary of Keppel Offshore & Marine (Keppel O&M), is on track to deliver PV Drilling VI, a KFELS B Class jackup rig, to PV Drilling Overseas (PVDO), a subsidiary of PetroVietnam Drilling & Well Services Corp (PV Drilling) on time and on budget…
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