Bechtel and Subsea will work together to develop offshore wind and associated transmission projects in Europe, including the UK and Germany. Under a nonexclusive joint approach they will offer developers and utilities a single contracting group…
TransCanada Corporation announced plans to donate up to $250,000 in equipment and cash to help New York speed up recovery efforts following Hurricane Sandy.TransCanada has an active presence in the New York region where the company operates the Ravenswood Power Facility in Long Island City…
Burdened by high drilling costs, lower success rates and smaller discoveries relative to other regions, not to mention post-Macondo regulatory changes, the deepwater Gulf of Mexico will nevertheless draw $70 billion in investment over the next two decades…
Utilization for the worldwide mobile offshore drilling fleet remains at a steady 77%. Overall utilization in the Australia/New Zealand market stands at 100% as every rig in the region is contracted.Demand in the Australia/New Zealand…
'After a strategic review Fugro basically decided to exit the capital intensive and volatile seismic segment of the oil & gas exploration market where it does not have a leading market position. It spotted that most seismic companies had indicated fleet expansion plans in the immediate future…
With a recent injection of capital having positioned the company for growth, Fairfield Energy – the self-styled only independent of substance solely focused on the UK continental shelf – moved into new operational headquarters at Westhill last month…
Aker Solutions and Statoil were jointly awarded the ONS Innovation Award in Stavanger for their work on the Åsgard subsea gas compression system (OE April). Aker CTO Åsmund Bøe commented: ‘This technology has the potential to change offshore gas field developments worldwide…
Aker Solutions is opening an engineering office in the northeast of England. The company’s drilling technologies business will be the main beneficiary of the expanded Stockton-on-Tees presence.
Amec is acquiring a 50% stake in Kromav Engenharia, a privately owned Brazilian engineering firm with over 400 marine and offshore projects to its credit. Based in Rio de Janeiro, Kromav has a team of some 200 people specialising in engineering services for offshore platforms…
Aquaterra Energy opened an office in Aberdeen last month. The company’s team there, working on drilling riser systems, offshore platforms, subsea templates and the like, is headed by GM Eric Doyle who commented: ‘We are developing the expertise…
Smit Lamnalco recently launched SL Gabon, the first tug branded under its new corporate identity, following the integration of Smit’s terminal handling activities with Lamnalco in July 2011. Built by Damen Shipyards Galati in Romania, this…
Dutch offshore lifting and drilling solutions provider Huisman has begun the landfill works for a 15,000m2 production facility in southern Brazil alongside the Itajai-Açu river in Navegantes, Santa Catarina state. It is expected to be operational in 2Q 2013…
Forum Energy Technologies is planning to build a new 150,000ft2 facility in St Martin Parish, Louisiana to produce onshore and offshore drilling equipment for global customers. The $19 million plant will replace an existing facility in nearby Broussard.
Gardline Geosciences and Canyon Offshore have established a three-year strategic alliance to provide seabed drilling, sampling in situ services for the offshore site investigation market.
GL Noble Denton has established a global design centre for floating structures at its offices in Brevik, Norway.
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