Offshore Engineer Industry News News - page 677

 

Okea Plans IPO This Year

Apr 11, 2019

Norwegian oil company Okea, partly owned by Thailand's Bangchak Corporation and private equity firm Seacrest Capital, announced plans on Thursday for an initial public offering on the Oslo stock exchange this year.Okea said it had hired investment banks Pareto Securities…

Ensco, Rowan Merge to Form Ensco Rowan

Apr 11, 2019

Ensco and Rowan Companies have completed a previously announced merger, creating the new combined offshore drilling company Ensco Rowan, the world's largest by fleet size.The merger completion follows the satisfaction of the transaction’s closing…

Forum Unveils eROV Simulator Training

Apr 10, 2019

The latest version of Forum Subsea Technologies’ VMAX simulator launched this week is designed to integrate with its next generation of electric remotely operated vehicles (eROV).The XLe Spirit was the first vehicle to be launched from the new range last year…

Aker Solutions, Fuglesangs Create FASTSubsea

Apr 10, 2019

Norway’s Aker Solutions has agreed to create a new subsea multiphase boosting company with subsea technology specialist FSubsea.The companies, through new 50/50 owned business FASTSubsea (FAST standing for Fuglesangs Aker Solutions Technology)…

HydraWell to Plug UKCS Wells

Apr 09, 2019

Norway based HydraWell said it has signed a contract with an undisclosed UK-based supermajor to provide equipment and personnel for plug and abandonment (P&A) services in the UK North Sea.The contract is valid for five years and is expected…

DOF Subsea Orders Three Forum ROVS

Apr 09, 2019

Forum Subsea Technologies announced Tuesday it has secured orders from DOF Subsea to supply three of its Ultra Compact Perry XLX-C work-class remotely operated vehicles (ROV). DOF Subsea will deploy the vehicles onto three of its ROV support vessels for recently awarded projects in Brazil…

TechnipFMC Wins Subsea Contract off Brazil

Apr 09, 2019

TechnipFMC said on Tuesday it has secured a contract to supply flexible pipes for oil production, gas lift and gas injection as well as associated accessories for the Lapa field, located in the pre-salt Santos Basin, under the BM-S-9A concession…

XL Group Acquires AMC

Apr 08, 2019

Aberdeen based technology and engineering company XL Group announced on Monday it has acquired Artisan Measurement & Control Limited (AMC) in a move to add expertise, products and services in calibration, measurement, tanker loading, blending…

Aquaterra Wins More Work from Lundin

Apr 08, 2019

Offshore engineering company Aquaterra Energy said it has been awarded a contract by Lundin Norway to deliver early well construction, via its Well Start solution, on three additional wells in the Edvard Grieg field offshore Norway.The project…

Jan De Nul Orders Jack-up Installation Vessel

Apr 05, 2019

Luxembourg based Jan De Nul Group (JDN) announced Friday it has ordered its third offshore jack-up installation vessel, due for delivery from Chinese shipyard COSCO Shipping Heavy Industry in 2022.The new vessel, Voltaire, is designed to transport…

EDS Scores 15-year O&M Contract

Apr 05, 2019

High voltage engineering specialist EDS HV Group, part of the UK marine services company James Fisher and Sons, announced Friday it has secured a 15-year operations and maintenance (O&M) contract for OFTO assets at the Greater Gabbard wind farm off the coast of England…

Eni Slander Probe Could Prompt Management Changes

Apr 05, 2019

Italy's Eni has carried out internal audits in a slander case relating in part to a Nigeria corruption scandal, and a source with knowledge of the matter said the review could prompt some management changes at the oil major.Eni and its Anglo…

Harvey Gulf Branches Out Internationally

Apr 04, 2019

Since committing to go global in September 2018, US based Harvey Gulf said on Thursday it has been awarded contracts in Mexico, Trinidad, Guyana and Suriname.The company noted it also has bids for work in Mozambique, Angola, Senegal, Israel…

Maersk's Drilling Unit Lists in Copenhagen

Apr 04, 2019

A.P. Moller-Maersk spun off its oil and gas drilling unit and listed it separately on the Copenhagen stock exchange on Thursday, where it was traded slightly below the book value it had in Maersk's own accounts.The demerger is a part of the…

OPT Scores Oil and Gas Study Contract

Apr 03, 2019

US based ocean energy solutions company Ocean Power Technologies (OPT) said it has signed a contract with an unnamed oil and gas exploration and production company to complete a 12-week paid feasibility study that will examine the use of OPT’s…

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