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Partners to Produce Innovative Dive Vessel

Oct 17, 2018

Veecraft Marine, subsidiary of Paramount Maritime Holdings, and Unique Group announced a strategic Agreement for the continued manufacture of the next-generation HYDRACraft 1400 Diving Daughtercraft. The maritime platform will be deployed by…

High-End Seismic Imaging Solves Shallow Gas Challenges

Oct 17, 2018

The latest Q modeling, and Q-compensating imaging techniques bring greater clarity to Northern Viking GrabenCGG has recently completed seismic depth imaging of its entire Northern Viking Graben multi-client survey, in the Norwegian North Sea…

James Fisher Continues Growth in Middle East

Oct 17, 2018

James Fisher and Sons plc reported further expansion of its operations in the Middle East, including the recent completion of cable and pipeline trenching projects and new construction and decommissioning activities going live across the region…

Bpifrance, TechnipFMC File Complaint Against Naval Group

Oct 17, 2018

French state-owned bank Bpifrance and oil services company TechnipFMC have filed a complaint against Naval Group for willful misrepresentation, a source close to the matter told Reuters, confirming a story in Challenges magazine.The complaint…

Tidewater, Gulfmark Announce Filing of Definitive Proxy Statement

Oct 17, 2018

Parties say transaction could close on or about November 15, 2018.Offshore services providers Tidewater and GulfMark Offshore announced today the filing of the joint definitive proxy statement and prospectus with the U.S. Securities and Exchange…

Integrated Gas Compression: A Natural Fit for North America

Oct 17, 2018

Natural gas abounds in North America. At the end of 2016, Canada and the U.S. shared 414 trillion cubic feet of proved reserves, with the U.S. the world’s largest producer and Canada the fourth largest. Unsurprisingly, there’s a keen appetite for developing LNG facilities across the continent…

Shell Sells its Danish Upstream Assets for $1.9 Bln

Oct 17, 2018

Royal Dutch Shell has agreed to sell its Danish upstream business to Norwegian Energy (Noreco) in a deal valuing the assets at $1.9 billion, as part of its wider divestment strategy, the company said on Wednesday.The sale brings Shell's three-year $30 billion divestment plan close to its conclusion…

Several US States Likely Withheld from Offshore Drilling Plan

Oct 17, 2018

Interior Secretary Ryan Zinke has hinted to at least six coastal states that he will keep their waters out of a looming plan to expand U.S. offshore drilling, telling some they lack enough oil to be included anyway, according to state officials and transcripts from public hearings…

Navigate Response Launched Unlimited Hours Contracts

Oct 17, 2018

Navigate Response, the global crisis communications network for the maritime sector, is introducing unlimited response hours contracts to help its shipping company clients manage the potentially open-ended costs of media management work during a crisis…

UTEC Introduces New AUV Launch and Recovery System

Oct 17, 2018

UTEC, a global surveying company in subsea services group Acteon, recently commissioned its new launch and recovery system (LARS) for the fleet of seven autonomous underwater vehicles (AUV) it uses for seabed surveys in the oil and renewables industries…

Double First for EM&I

Oct 17, 2018

OES Offshore Engineering firm EM&I recently completed a ‘double first’. A first-time contract for the world’s largest drilling company, and a first-time valve double isolation using an ODIN inflatable plug installed with an ROV.The work was…

Stewart Marine Orders Neptune Marine EuroCarrier

Oct 17, 2018

UK-based marine services company Stewart Marine has contracted Neptune Marine to build a new EuroCarrier 2611, which is to be named ‘Viking Energy’.To meet Stewart Marine’s operational requirements, Neptune will customise the 26-metre long workboat with a DP1 system…

Scotrenewables Renamed Orbital Marine

Oct 17, 2018

The floating tidal turbine developer Scotrenewables Tidal Power Limited has announced a comprehensive company-wide rebranding to Orbital Marine Power.The new name is inspired by the orbital cycle of the moon around the earth, the reliable provider of tidal energy…

Lukoil Groundbreaking Ceremony at Rakushechnoye Field

Oct 17, 2018

Russia's Lukoil informed its President Vagit Alekperov, jointly with Head of the Astrakhan Region Sergey Morozov, took part in the official groundbreaking ceremony to mark the start of construction of infrastructure facilities of Rakushechnoye field…

Wintershall CEO Meets Norwegian Prime Minister on Growth Plans

Oct 17, 2018

Mario Mehren, CEO of Wintershall, Germany's largest crude oil and natural gas producer, has presented Wintershall’s growth plans in Norway during a visit by Norway's Prime Minister, Erna Solberg, to Berlin.Mehren announced a further increase…

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