Royal Boskalis Westminster N.V. (Boskalis) and Royal Volker Wessels Stevin N.V. (VolkerWessels) have formed a joint venture to carry out offshore cable installation. Boskalis and VolkerWessels each hold a 50% stake in the joint venture Visser & Smit Marine Contracting Holding B…
The National Science Foundation's (NSF) research vessel (R/V) Sikuliaq will spend its first winter on the Great Lakes before making the long journey to its home port in Seward, Alaska. Sikuliaq, pronounced 'see-KOO-lee-ack,' is slated to arrive in Alaska during spring 2015…
Mammoet released this video detailing the load out of the Bien Dong topside, a 12,000 ton structure, destined for its home in the Nam Con Son basin offshore southern Vietnam.
BP announced that it increased its fleet on Tuesday, announcing that it added two drilling rigs to the deepwater Gulf of Mexico (GOM). BP’s count now stands at nine rigs - a company record. Following the end of its year-long moratorium imposed in 2010…
Russia needs to re-focus investment from easier conventional onshore projects to more difficult and expensive tight oil, LNG and Arctic developments to maintain production in the longer-term, according to industry analysts Wood Mackenzie…
Saipem has opened its new Edmonton indoor fabrication yard in Alberta, Canada. The new facility will allow Saipem to accelerate project delivery by maintaining workforce activity and a safe working environment during bad weather. The yard is northeast of Edmonton…
Rosneft, Gazprombank, Sovcomflot and Korean shipbuilding company Daewoo Shipbuilding & Marine Engineering Co. (DSME) have signed a Memorandum of Understanding on key terms of cooperation to establish shipbuilding and industrial cluster in the southern part of Primorskiy Krai (Russian Far East)…
Statoil and its partners Centrica and ExxonMobil have decided to extend production at the Statfjord A platform in the North Sea until 2020. Statoil said an active drilling program was contributing to the continued maturation of recoverable reserves on Statfjord…
ClampOn has been awarded a contract from Saipem for the supply of ClampOn Subsea CEM, Corrosion-Erosion Monitors. This is one of the largest contracts received by ClampOn to date. The CEM systems will be configured with the firm's…
Sea Trucks Group has won a contract from Daewoo Shipbuilding and Marine Engineering (DSME) to provide an accommodation vessel for the Arkutun-Dagi Project, operated by Exxon Neftegas Limited, in Sakhalin, Russia. Sea Truck’s Jascon 25 vessel will be used for the project…
North Sea focused independent EnQuest's US$3.2billion plan to develop the Kraken heavy oil field has been given the go ahead. Kraken is in 108-125m water depth, about 135km east of Shetland, and is estimated to contain 137MM bbl gross reserves…
Technip was awarded contract work from Statoil for a subsea project related to the Edvard Grieg field, in PL338, Block 16/1 in the North Sea, about 180 km west of Stavanger, Norway. Statoil has made a call-off for the framework contract Technip has with Statoil for diving services…
Beijing-based PetroChina Co. Ltd. announced that two of its subsidiaries will purchase the Peruvian assets of Petrobras for US$2.6billion (HK$20.16billion) according to a statement sent to the Hong Kong Stock Exchange (SEHK) on 13 November 2013…
International tidal technology and project developer Atlantis Resources Limited bought MeyGen, Europe’s largest tidal power project. Atlantis already held 10% of the company developing the project, MeyGen Limited. It has now bought…
Natural gas from future multi-train LNG developments in Tanzania could now be destined for Asian markets. Singapore-based investor Pavilion Energy is to take a 20% in the joint venture partnership looking to develop natural gas finds in Blocks 1…
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