Offshore Activity - page 1213

 

Wartsila wins Siem Offshore PSV deal

Feb 17, 2014

Following similar orders placed in November 2012 and August 2013, Norway-based Siem Offshore contracted Wärtsilä to supply the design and integrated solutions for four new platform supply vessels (PSVs). The ships will be built at the Remontowa Shipbuilding yard in Poland…

Rosneft, GE sign JV deal

Feb 14, 2014

Rosneft and General Electric signed an agreement to set up a series of joint ventures. The document was signed by Rosneft President Igor Sechin, and General Electric CEO Jeffrey Immelt in the presence of the Prime Minister of the Russian Federation…

ALC makes Houston home base

Feb 13, 2014

Artificial Lift Company moved its headquarters to Houston from Great Yarmouth, United Kingdom, Artificial Lift President and CEO David Malone announced. Situated in the Westchase District near the Energy Corridor, the company’s offices and warehouse total 28…

Seatronics to open new Houston facility

Feb 13, 2014

Seatronics Inc. is moving to a new, purpose-built facility in Houston to expand its rental, sales and service work for customers throughout North and Central America. The new plant contains service facilities for cable moulding, connector…

Oilfield spending conundrum

Feb 12, 2014

The past few weeks have seen a string of profit warnings and capital spending cutbacks from global oil and gas exploration majors. Should oilfield service companies be worried that the good times are coming to an end?  According to bank and investment company Investec…

Proserv buys KRG

Feb 11, 2014

Energy production technology services company Proserv has bought KRG Industries Ltd from majority shareholder Torishima Pump Mfg. Co. Ltd, (Torishima) in Japan. KRG provides precision engineering services to the oil and gas and aerospace and defense industries…

HHI orders DRBM from Trelleborg

Feb 10, 2014

Trelleborg’s offshore operation has been awarded its first order for drill riser buoyancy modules (DRBM) and riser protection by engineering, procurement, construction and installation contractor, Hyundai Heavy Industries (HHI) in Korea. For Trelleborg…

Sevan wins TORP LNG's tech rights

Feb 10, 2014

Sevan Marine ASA has acquired the technology rights of TORP LNG AS and its affiliates. This acquisition gives Sevan Marine ownership of the proprietary HiLoad technology for offshore loading of LNG. The HiLoad technology was originally developed…

Murphy spuds offshore Cameroon

Feb 10, 2014

Murphy Oil has started drilling the Bamboo-1 exploration well on the Ntem concessions, offshore Cameroon, using the Ocean Confidence(pictured) fifth generation semisubmersible drilling rig. The well, about 56km off the coast, has an estimated…

UMW orders Keppel FELS jackup

Feb 07, 2014

Keppel FELS has won a contract from a subsidiary of UMW Oil & Gas Corporation (UMW Oil & Gas) for a KFELS B Class jackup rig worth US$218 million. It will be the third KFELS B Class jackup rig for UMW Oil & Gas and is scheduled for delivery in 3Q 2015…

Wood Group,Trac team up in Australia

Feb 06, 2014

Wood Group Kenny Pty Ltd. (WGK) and TRAC Oil & Gas Pty Ltd. (TRAC) signed a formal MoU for the provision of integrated integrity management, inspection, verification, non-destructive testing (NDT) and rope access solutions to conventional oil…

MacGregor lands IHC Merwede crane deal

Feb 05, 2014

MacGregor, part of Cargotec, won an order worth around US $31 million for six active heave-compensated (AHC) subsea cranes from the Dutch IHC Merwede. The cranes will be installed on three pipe-laying ships destined for the UK headquartered global offshore specialist…

IHC Merwede wins $473M in contracts

Feb 05, 2014

IHC Merwede has been successful in securing orders worth US$473 million for a wide range of dredging and offshore vessels and equipment. The company’s dredging division has won new contracts for the delivery of a large custom-built trailing suction hopper dredger…

SNC-Lavalin opens Abu Dhabi office

Feb 05, 2014

SNC-Lavalin Group Inc., is opening its regional head office for the Middle East and Africa in Abu Dhabi. The opening of the office, an important milestone in SNC-Lavalin's development, coincides with a contract the company recently signed with Ma'aden in Saudi Arabia…

Ensco in jackup sale

Feb 04, 2014

Ensco plc announced the sale of its two remaining cold-stacked jackup rigs for US$33 million. The net value of the two rigs, ENSCO 69 and Wisconsin, both built in 1976, was approximately $9 million. The pre-tax gain on the sale is approximately $24 million…

Current News

Commodity Report: Meeting Oil Demand a Challenge if Israel Hits Iran Oil

Commodity Report: Meeting Oil

Egypt Halts Fertilizer Production In Light of Israeli Gas Disruptions

Egypt Halts Fertilizer Product

Edda Wind Welcomes New CSOV to its Fleet

Edda Wind Welcomes New CSOV to

TotalEnergies’ Unit to Build Battery Storage Site in Japan to Help Balance Grid

TotalEnergies’ Unit to Build B

Subscribe for OE Digital E‑News

 
Offshore Engineer Magazine