In 4Q 2014, Aberdeen-based Return To Scene, a subsidiary of SeaEnergy, completed project delivery of its first contract with Pemex. Capturing the Ku-S platform. Photo from Return2Scene. The…
Africa-focused proprietary investment firm L.A.T. Cleveson (LATC) signed an order with Damen Shipyards Group for two PSV 3300 platform supply vessels and two FCS 5009 fast supplier vessels. This order will bring next generation Damen…
Paal E. Johnsen will take the position as investment director in Akastor, and will be a part of the company's executive management team, reporting to the CEO. Johnsen will be based in Oslo, and will start in his position on 1 July 2015 at the latest…
Seaway Heavy Lifting entered into a contract with Cardon IV in Venezuela for transportation and installation of the Perla project gas production platforms complete with tie-in of the subsea infrastructure. The Perla development consists…
Canada-based, North Sea-focused independent Iona Energy says production from the E.ON-operated Huntington field is due to return to normal operations as gas export rate restrictions are lifted. The Huntington field, produced via the Voyageur Spirit FPSO…
International oil major Shell has made a US$70 billion cash and share offer for UK-headquartered deepwater and LNG-focused BG Group in what is one of the first supermajor deals since the early 2000s. The move, which offers a 52% premium to BG Group's share price…
London’s Afren is appointing Roc Oil's former Chief Executive Officer (CEO) Alan Linn as its new CEO to take the place of Osman Shahenshah, who was terminated for “gross misconduct” in October 2014. Linn…
After record numbers poured in last year, ONS Norway set for 17-19 August 2015, has been canceled due to low oil prices, low activity and great uncertainty in the industry, which led to a low number of registered exhibitors, the ONS Foundation said on 7 April…
Trials of a new subsea dredging system, able to move 1-tonne of rocks on the seabed per minute, have exceeded expectations in testing. The Predator Subsea Dredger, a new concept, underwent a number of trials while fitted to the Triton…
Offshore Marine Management (OMM) secured GROW:OffshoreWind funding to build a subsea tool which will reduce project costs and improve health and safety offshore. The new tool has been designed using OMM’s experiences of working offshore…
Aberdeen-based IT software and services specialist Adept Solutions has secured two new contracts worth a total of £600,000. The firm will supply tailored hydrocarbon accounting software to two new projects on behalf of EOG Resources and DONG Oil Pipe…
Advanced downhole tool for well intervention designer and manufacturer Peak Well Systems has completed a new gas pressure testing facility in Aberdeen (UK) as part of its research and development commitment to provide oil and gas operators with advanced and reliable plug systems…
Global investment in renewable energy reached record levels in 2014, including the record-breaking US$3.8 billion financing of the largest ever renewable energy plant, a Dutch wind farm project, a new report has shown. Image from Siemens…
As the last throes of winter ushered in the grey, misty weather upon the mighty Mississippi River in early March, a soon to be familiar visitor in the Gulf of Mexico sat docked at the Port of New Orleans, Island Offshore’s newbuild subsea support vessel Island Performer…
Italian operator Eni has backed a move to replace Saipem CEO Emberto Vergine with former Saipem and Eni executive Stefano Cao. Cao was worked at Saipem, which is 42.924% owned by Eni, from 1976 to 2000, during which time he held senior roles including CEO…
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