Offshore Activity - page 573

 

Coretrax expands ME presence

Nov 09, 2016

Coretrax, an engineered servicing company for wellbore clean up and abandonment, has radically expanded its Middle East presence by moving its Saudi Arabian operations into a 130,000sq ft facility in Dammam.   'We’ve worked hard to get…

Aberdeen Harbour expansion moves forward

Nov 08, 2016

Marine Scotland announced the award of two marine licenses in support of Aberdeen Harbour’s major plans to expand its facilities into Nigg Bay, to the south of the existing harbor. Issued under the Marine (Scotland) Act 2010, the licenses…

Eni to evaluate Bahrain potential

Nov 07, 2016

Bahrain authorities have invited Eni to study and assess the potential of some exploration and production assets in the country. To this purpose four agreements have been signed between the Bahrain Petroleum Co. (Bapco), Tatweer Petroleum and Eni…

CNSOPB call for bids flops

Nov 07, 2016

The Canada - Nova Scotia Offshore Petroleum Board (CNSOPB) has not received any successful bids for its Call for Bids NS16-1 issued on 2 May 2016. The parcels are no longer up for bid and remain as Crown land. The next Call for Bids (NS17-1) will be issued in spring 2017…

Rystad: Rig work on decline in 2017

Nov 07, 2016

As the industry heads into the third year of the downturn, market fundamentals for the deepwater segment continue to fight strong headwinds, Rystad Energy says. But, is 2018 the light at the end of the tunnel for the floating rig market? Utilization…

Farstad to enter financial restructuring

Nov 04, 2016

Farstad Shipping and a company in the Siem Industries group have entered into a non-binding letter of intent for the financial restructuring of Farstad Shipping, with Siem or a fund managed by Siem as a key equity investor. In accordance with the letter of intent…

Statoil, CCB ink double jackup contract

Nov 03, 2016

Statoil awarded Coast Center Base (CCB) a contract for the reception and preparation of the two new category J rigs for Statoil: Boots and the Cinderella.  The rigs are being built at the Samsung Heavy Industries shipyard in South Korea and are expected to the delivered in Q2 2017…

FMC wins DNV safety award

Nov 03, 2016

DNV GL awarded the first functional safety capability assessment (FSCA) certificate to Rockwell Automation, for their Functional Safety Management (FSM) system, and the first Functional Safety Product (FSP) certificate for the safety related…

C-NLOPB cancels Black Spruce's licenses off Newfoundland

Nov 02, 2016

The Canada-Newfoundland and Labrador Offshore Petroleum Board (C-NLOPB) advises that exploration licenses (ELs) 1127 and 1128, located off Newfoundland’s west coast held 100% by Black Spruce Exploration, have been cancelled due to non-compliance…

NADL, Total ink West Phoenix deal

Nov 02, 2016

North Atlantic Drilling (NADL) was awarded a 90-day contract from Total E&P UK Ltd. for the West Phoenix semisubmersible to work in the United Kingdom, West of Shetland. The total backlog for the contract is estimated at US$17 million…

Emerson, IPRES agree to collaborate

Nov 01, 2016

Emerson Automation Solutions and IPRES (Integrated Petroleum Resource and Economic Service), a Norwegian provider of advanced software tools and services to the upstream oil and gas industry, have agreed to collaborate.  Under the terms of the agreement…

InterMoor Brazil increases capabilities

Nov 01, 2016

InterMoor has added inspection and testing capabilities to its marine base at the Açu Superport in São João da Barra, northern Rio de Janeiro.  The base now has a 1000-ton test bed and can perform load and breaking test for chain, wire rope…

Optime gets hyperbaric testing system contract

Nov 01, 2016

Optime Subsea Services has signed a contract with an undisclosed US-based customer to supply a new hyperbaric testing system that simulates hydrostatic pressures found at water depths up to 14,000m. The 20,000psi hyperbaric pressure vessel…

McDermott opens Saudi Arabia office

Nov 01, 2016

McDermott International opened a new office in Al Khobar, Saudi Arabia, with the ability to add 300 staff to its existing workforce in the Kingdom. Image from McDermott. The new…

IOG drops Cronx plans

Nov 01, 2016

Independent Oil and Gas (IOG) has received initial results from new interpretations of 3D seismic data covering the Blythe Hub licenses in their Southern North Sea (SNS) portfolio and also provides a further update on the Cronx acquisition…

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