Offshore Engineer Activity - page 1222

 

Shell cuts stake in Woodside

Jun 17, 2014

Royal Dutch Shell is selling a major portion of its stake in Australia's Woodside Petroleum Ltd., raising AU$5.7billion. Shell is selling 9.5% back to Woodside, and another 9.5% to institutional investors, at a small discount to the closing share price on 16 June 2014…

Faroe raises £65 million

Jun 16, 2014

UK-based exploration firm Faroe Petroleum raised has £65 million in a stock market placing, which had hoped to raised £45 million.  The firm, focused on Norway, the Atlantic Margin, and the North Sea, the cash will be used to pursue…

CAN Group racks up contract renewals

Jun 13, 2014

CAN Group announced today that it has secured two major contract renewals, totalling approximately £200million. Along with an increase in business, the two contracts will lead to the safe-guarding of 150 jobs. The Aberdeen headquartered…

BG signs Windsor Knutsen charter

Jun 13, 2014

KNOT Offshore Partners LP formed an agreement with Brazil Shipping I Ltd., an affiliate of BG Group, for the time charter of shuttle tanker Windsor Knutsen, the company announced on 13 June 2014. The charter has an initial term of two years…

SBM axes tenders with Petrobras

Jun 12, 2014

Dutch floating platform leaser SBM Offshore NV will not participate in the upcoming Petrobras Tartaruga Verde and Libra tenders, the company announced 12 June, adding that the decision resulted from conversations held between the two giants on 28 May…

Ross and AGR win contracts

Jun 11, 2014

AGR and Ross Offshore have both this week announced frame agreements with Norwegian clients.  AGR won a five-year frame agreement, with several extension options, with BP Norge for consultancy services.  AGR's Norwegian team, based in Stavanger…

C-NLOPB offers Jeanne d'Arc basin block

Jun 11, 2014

The Canada-Newfoundland and Labrador Offshore Petroleum Board (C-NLOPB) announced details of a Call for Bids in the Canada-Newfoundland and Labrador Offshore Area. Call for Bids NL14‑01 (Jeanne d’Arc Region), consists of one parcel equaling 108…

Oilfield Helping Hands, OilOnline 'Profile Share' extends to June

Jun 09, 2014

It isn’t too late to help oilfield families in financial need due to an unexpected life crisis, which can happen to any of us.  This is an opportunity for those in the oil & gas industry to help their own. OilOnline, an integrated oil & gas career…

AziPac buys into offshore Indonesia block

Jun 09, 2014

Mitra Energy Ltd. entered into a farm-out agreement with AziPac for the partial assignment of Mitra's participating interest in the Bone PSC offshore Indonesia, the company announced on 9 June 2014. Under the terms of the agreement, Mitra…

BHI international rig count for May 2014

Jun 06, 2014

Baker Hughes issued the May 2014 international rotary drilling rig count today, showing a total of 1024 rigs operating outside the US & Canada. International activity in May was up 4 rigs from the 1020 rigs drilling in April and up 68…

DBR providing gensets for six new pipelay vessels

Jun 06, 2014

Dutch manufacturer DBR BV will supply emergency/harbor diesel generator sets for six new pipelaying vessels under construction at IHC Merwede in the Netherlands for Subsea 7 and SapuraKencana. The order for the custom-engineered units, generating up to 1875 kVA…

Australia awards 9 offshore exploration permits

Jun 05, 2014

Industry Minister Ian Macfarlane announced the award of nine new permits located in Commonwealth waters offshore Western Australia, Victoria, and the Territory of Ashmore and Cartier Islands as part of round one of the Australian government’s 2013 Offshore Petroleum Exploration Acreage Release…

Referendum weighs on sector

Jun 05, 2014

The Scottish referendum is impacting the plans and investment proposals of 45% of oil and gas firms surveyed for a new report, it has been announced. The number is up from 38%, according to the same survey last spring.  The findings…

Pemex retreats from Repsol

Jun 04, 2014

Petróleos Mexicanos' (Pemex) Board of Directors unanimously voted to sell its 7.86% stake of Spanish oil company Repsol, the state-owned firm announced 4 June. Pemex expects to net US$900 million as a result of its decision, selling the shares for $27…

New Oil & Gas UK chairmen

Jun 03, 2014

Offshore industry body Oil & Gas UK has confirmed two new senior appointments to its board. Effective from spring 2014, Trevor Garlick, regional president North Sea at BP, and John Pearson, Group President, AMEC Europe, have been appointed as the co-chairmen of the organisation…

Current News

SLB Narrowly Beats Quarterly Profit Estimates

SLB Narrowly Beats Quarterly P

Vard Books Construction Order for CSOV Pair

Vard Books Construction Order

ABL to Deliver Grid Works for 600MW French Offshore Wind Farm

ABL to Deliver Grid Works for

Cadeler Adds Wind Keeper WTIV to Fleet, Locking in Long-Term Vestas Deal

Cadeler Adds Wind Keeper WTIV

Subscribe for OE Digital E‑News

 
Offshore Engineer Magazine