Aquatic Engineering and Construction, an Acteon company, celebrated its 40-year anniversary of operating in the North Sea with a celebratory event held onboard the Gulden Leeuw, a three-masted tall ship, moored in Aberdeen Harbour on 24 April…
Electromagnetic Geoservices (EMGS) entered into a partnership agreement with Uruguay's regulating authority for oil and gas exploration, La Administración Nacional de Combustibles, Alcohol y Portland (ANCAP). ANCAP intends to use the…
Tullow Oil has announced it plans a 4000km sq 3D seismic acquisition program next year in block 54 offshore Suriname. In January, the company agreed to a production-sharing contract that gave it a 50% operated stake, in partnership with state-owned Staatsolie…
The National Oceanic and Atmospheric Administration (NOAA), part of the US Department of Commerce, announced yesterday the start of the 2014 hydrographic survey season. New data collected will increase coastal environmental intelligence around the country…
Boskalis said that salvage work to remove a capsized jackup from shallow waters near Angola's new liquefied natural gas (LNG) export plant should be completed by March 2015. The three-legged Perro Negro 6 jackup drilling rig (shown at…
The US Bureau of Safety and Environmental Enforcement (BSEE) participated in a day-long Government Initiated Unannounced Exercise on 24 April 2014, involving Occidental Petroleum Corp. (OXY). The table-top exercise exercise, held in Huntington Beach…
AGR has been awarded a frame agreement with Det norske to provide well services and consultancy resources to the operator’s projects on the Norwegian Continental Shelf (NCS). The agreement is effective 1 May 2014, with a duration of three years…
Tonbridge based independent subsea engineering firm Jee Ltd. won a seven-year EPCI contract for work offshore Newfoundland and Labrador, Canada. The client is unnamed. The contract’s scope encompasses the project’s offshore loading system (OLS)…
NGI from Oslo, Norway, and Plaxis, from Delft, the Netherlands, have established a new joint venture, XG Geotools. XG Geotools will produce and market cloud-based software tools tailored for design tasks in offshore geotechnical engineering…
Pemex has contracted with Houston-based Diamond Offshore Drilling Inc. for an additional semisubmersible drilling rig, according to DODI's fleet status report issued yesterday. The Ocean Ambassador semisub, built in 1975, is rated to work in 1100ft water depth…
PTT Exploration and Production Public Company Ltd. (PTTEP) will acquire 100% equity stakes of Hess Corp in Thailand for US$1 billion. The details of the transaction are as follows: Own 15% interest in block B12/27 (mainly in Pailin…
UK-based subsea services firm Reef Subsea is to split up into three independent companies after its January buyout by Norwegian private equity outfit Hitecvision. The three new companies will be Reef Subsea, X-Subsea, and Technocean Subsea…
Lafeyette-based Gauthiers’, supplier of oil and gas industry containers and support equipment, has opened the doors to its newly relocated and expanded Houma facility on 11 April 2014. By moving to a larger, six-acre property and constructing a new facility on Highway 182…
Pennsylvania-based TE Connectivity has signed an agreement to acquire SEACON group, provider of underwater connector technology and systems, for US$490million in cash. The SEACON group serves the military marine and sub-sea sectors for remotely operated vehicles (ROV)…
The firm invested US$ 39 million in the construction of its research and development center in Brazil, located in UFRJ's Technological Park. The entire investment plan underway in Brazil reaches US$370 million. 'The US$ 39 million investment…
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