German operator Wintershall has delayed a decision on concept selection for its Skarfjell project offshore Norway in order to slash 40% of the costs from the project. Wintershall said this will see a decision made in Q3-Q4 this year, rather than Q1 as expected…
OSBIT Power has secured additional facilities at the Port of Blyth to deliver its largest project yet to Helix Energy Solutions, a world leading company in well intervention projects. In an agreement with the Port, the company will utilize…
As part of the UK Government’s strategy to increase British exports to £1 trillion, Subsea UK is encouraging companies to set their sights on international expansion to sustain long-term growth. The industry body has widened its “Global Opportunities” program during Subsea Expo…
Dutch offshore access firm Ampelmann has won its first contract with Petra Resources, for end client Petronas, to supply offshore access services offshore Malaysia during the monsoon period. Stretching from October to February, the monsoon period is renowned for its harsh weather conditions…
AziNam, the offshore Namibia focused exploration company, has announced that it has completed a 3D seismic survey on PEL 34, the Guy Block, offshore Namibia. The survey is located in the Walvis basin and was conducted by PGS Geophysical…
Two elastomers developed by Trelleborg Sealing Solutions , Isolast XploRTM J9523 perfluoroelastomer (FFKM) and XploRTM V9T82 fluoroelastomer (FKM), have now met the ISO 23936 standard as well as revision three of NORSOK M-710. FFKM and FKM…
Aberdeen headquartered QTEC Energy Services and Calgary headquartered Performance Fluid Management (PFM), both companies specializing in the management of drilling fluids on drilling installations, are merging to create a new company, FOCUS…
From 2014 to 2040, global energy demand will increase by 25% due to population growth and economic expansion, according to ExxonMobil’s 2016 edition of The Outlook for Energy. Energy demand. Graph from ExxonMobil…
Hess Corp.’s 2016 exploration and production capital and exploratory budget has been reduced 40% compared to 2015, with the bulk of it going to offshore production, developments, exploration, and appraisals. Tubular Bells in the Gulf of Mexico…
Farstad Shipping has been awarded two charter contracts from Petrobras for operations offshore Brazil. There will be a four-year contract for the PSV Far Strider expected to begin in April 2016. Petrobras has also awarded the anchor…
Ezra Holdings appointed Chan Eng Yew, current chief executive officer (CEO) of TRIYARDS Holdings, as its interim chief financial officer (CFO). Yew will concurrently hold his CEO position in TRIYARDS with his new CFO appointment, and oversee all financial matters relating to Ezra…
Accommodation vessel provider Prosafe is preparing to lay-up its vessel Jasmina, after remained off-hire offshore Mexico. The unit, built in 1982, at the GVA yard in Sweden to a GVA 2000 design, and with accommodation for 535 people, has been off hire since late February 2015…
Subsea cables and umbilicals firm JDR has been awarded a contract by Marathon Oil for the design and manufacture of 11.3km of power and static subsea umbilicals with accompanying termination hardware for the West Brae field. The full…
Louisiana-based Bordelon Marine is using acoustically-aided inertial navigation technology from Sonardyne for its new ultra-light intervention vessel (ULIV), Brandon Bordelon. The dual Ranger 2 Pro DP-INS systems, the highest specification available…
Saudi Aramco, Dubai based rig builder and engineering firm Lamprell, the national shipping company of Saudi Arabia (Bahri) and Hyundai Heavy Industries have signed a memorandum of understanding over establishing a Maritime Complex in Saudi Arabia…
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