FMC Technologies and Hayward Tyler Group entered into a production alliance agreement for the commercial manufacture of permanent magnet motors for use in FMC Technologies’ subsea pump systems. The alliance with Hayward Tyler signifies…
UK-based international oilfield services company Expro has won a four-year, US$45 million contract offshore Canada with Statoil in the Flemish Pass Basin. The contract, which includes options for two one-year extensions, will include…
FMC Technologies awarded DNV GL to perform independent third party verification of a high pressure, high temperature (HPHT) subsea completion, production and work-over system. Subsea illustration…
James Fisher Offshore, part of James Fisher and Sons, has reached an agreement with KPMG in Scotland to acquire a number of subsea assets free from encumbrances from Specialist Subsea Services. The assets include work-class ROVs, inspection class ROV and survey equipment…
Siem Offshore (SIOFF) agreed to sell Siem Daya 1 to Daya for US$120 million. In addition, SIOFF is entitled to a 60/40 profit share in SIOFFs favor based on the profit Daya makes on the vessel limited to an additional $10 million…
UK supermajor BP awarded Cape a US$153.5 million two-year contract to supply services on six North Sea assets and the Forties Pipeline Systems. According to Cape, the company will provide a range of core services, including access, insulation…
The Offshore Technology Conference (OTC) announced the final line-up of nine speakers for its new event, d5, which will debut on Friday, 8 May 2015, the day following OTC 2015, at the University of Houston. Themed “The Next Big Thing…
Kongsberg Maritime entered into a US$26.5 million contract to supply a complete electrical, instrument and telecom solution, including e-house, for the new Yinson Genesis floating production storage offloading unit (FPSO). The FPSO contract…
Enerpac and Al Masaood Trading, Dubai, supplied Lamprell with an EVO-series synchronous lifting system to weigh a newly completed jackup rig. Image from Enerpac. The Enerpac multifunctional…
FoundOcean completed the grouting for an 8-legged jacket in the Bay of Campeche, Mexico. The project, completed on behalf of McDermott was mobilized from Port Fourchon, Louisiana. In the case of Ayatsil-A, FoundOcean was able to provide a bespoke grouting solution…
Blue Water Shipping signed a contract with Baku Shipyard covering the transport of two hull sections from Singapore to the newly established Baku Shipyard in Azerbaijan. Map from Blue Water…
EPCI contractor McDermott International and Accra, Ghana-based Hydra Offshore Group have joined forces to create a new joint venture called, McDermott Marine Construction Ghana Limited (MMCGL), focused on opportunities offshore Ghana. McDermott's partner…
Keynvor MorLift (KML) added a second Saab Seaeye Cougar XT to their ROV fleet. Cougar XT ROV with detachable tooling skid. From KML. This new addition comes fully containerized and can be easily transported…
IPB Petroleum has entered the secondary term of its WA-424-P exploration permit as operator with a 100% working interest. The company applied and has received approval from the Joint Authority for a variation of the permit’s secondary term work program (permit years 4 to 6 inclusive)…
Hungarian exploration outfit MOL Group has made its first step into the Norwegian offshore sector, purchasing the Norwegian assets of UK-based North Sea exploration and production firm Ithaca Energy. Ithaca will sell its Norwegian assets…
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