Subsea 7 and Petrobras entered into an agreement to substitute a pipelay support vessel (PLSV) working on a day-rate contract for the Brazilian giant, offshore Brazil. The deal will substitute the PLSV Seven Mar for the chartered PLSV Normand Seven in the existing Normand Seven contract…
Maersk Group has appointed Søren Skou as its new chief executive officer, effective 1 July 2016. Image of Skou, from Maersk. Skou will replace Nils S. Andersen, who will leave the Maersk Group…
Freeport-McMoRan (FCX) paid out a US$540 million settlement to Noble Corp. after canceling two rig contracts operating in the Gulf of Mexico in May. The Noble Sam Croft. Image from Noble Corp…
UK-based small cap player Nordic has Energy has announced it is looking to wind up the company. The firm has instructed accountants Turpin Barker Armstrong to lead the insolvency proceedings. The Company listed on the ISDX Growth…
Shell has been cleared to resume drilling offshore Canada following a review to its procedures after an incident saw a 2km riser section drop to the seafloor. Shell was drilling the Cheshire L-97 well, in about 2000m water depth, in the Shelburne basin…
Wood Group Mustang has been chosen by the Leviathan partners to provide the front-end engineering and design (FEED) work for the Leviathan project’s production platform in a US$120 million deal. Image from Wood Group Mustang Twitter…
Hess Denmark awarded DNV GL a contract to provide asset integrity inspection management of its South Arne field in the Danish North Sea. The agreement, which is estimated to be US$1.5 million (10 million DKK) per year, includes risked…
Delta SubSea and Boskalis Subsea Services have entered into a memorandum of understanding (MoU) to provide integrated diving and ROV solutions in the Gulf of Mexico. Image from Boskalis. The…
AccessESP, a provider of rigless electric submersible pump (ESP) conveyance solutions, has appointed Ed Sheridan as its Asia Pacific region manager. Based in Kuala Lumpur, Malaysia, he will be responsible for increasing market share in the region…
Frank's International deployed its patented 1250-tonne Buoyancy Module (BM) Spider along with ExPert Landing String Solutions’ (ExPert) Drill Pipe Buoyancy Modules to help Anadarko achieve a nearly 250,000-pound reduction in total weight…
Subsea 7 will cut 1200 staff from its workforce, and five vessels from its active fleet by early 2017 amid the ongoing downturn in the oil and gas industry. Subsea 7 said that the job and vessel cuts together with other cost savings initiatives started at the beginning of the year…
Aberdeen, UK-based services firm Proserv has won two significant contract wins in the Gulf of Mexico. The deals with Talos Energy and Hess Corp. will see Proserv carry out work at the operators’ respective Phoenix and Conger field expansion developments…
In advance of the Deepwater Intervention Forum this 9-11 August 2016, Jerry Lee reports on a new approach to riserless plug and abandonment carried out by Wild Well Control in the US Gulf of Mexico. PA Tool component description and diagram…
TIMAS awarded Hilong Petroleum Offshore Engineering a contract to use the Hilong 106 pipe-laying derrick barge to install jackets for the HCML Madura MDA - MBH offshore gas field development project, offshore Indonesia. The project, which is jointly funded by China National Offshore Oil Corp…
Atlantis has unveiled a technical milestone for its flagship MeyGen project in northern Scotland, which is now connected to the 33kV Ness of Quoys distribution network, following the successful installation of one of the longest underground…
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