The Global offshore support vessels industry is estimated to grow from US$39.4 billion in 2014 to $69.34 billion by the end of 2020 at a CAGR of 9.88%, according to a new report by Mordor Intelligence on the Global Offshore Support Vessel Market…
Pulse Structural Monitoring (Pulse), an Acteon company, has been awarded a contract with National Oilwell Varco (NOV) Arendal in Norway to provide an acoustic mooring line subsea monitoring system to measure mooring line inclination and tension…
Norway-based Dolphin Geophysical and Bergen-based GC Rieber Shipping entered into multi million-dollar deals that include an early redelivery and improved vessel terms of an overall restructuring agreement to improve Dolphin’s competitiveness in today’s challenging market…
Shell started production from its new offshore platform in the Malampaya natural gas field, off the Philippines. Malampaya. From Shell. The offshore platform known as the depletion…
Lundin Norway commenced drilling of exploration well 7220/6-2 in PL609, offshore Norway. The planned total depth is approximately 1350m below mean sea level and the well is being drilled using the drilling rig Island Innovator. Drilling is expected to take approximately 40 days…
GMC Ltd. has announced that they have received an award for their Intelligently Connected Pipe (ICP) technology from DeepStar as part of DeepStar Phase XII-B funding. The project titled ‘Testing of High-Strength Mechanically Connected Steel…
Fugro Scout, the new 83m geotechnical drilling vessel, has completed its maiden project in the Middle East. Since its maiden project in the Persian Gulf it has been successfully deployed in the Arabian Sea and the Red Sea, completing several…
In this video, EXMAR shows a time-lapse video of the construction of the Caribbean FLNG at Wilson Shipyard, located in Nantong China. In EXMAR's 2Q 2015 report, the company revealed that pre-commissioning of the Caribbean FLNG ws proceeded as planned for 3Q…
Total and its project partners have deployed the Sonardyne Fusion 6G technology offshore Angola at the Kaombo oil field. Using the technology’s Wideband 2 digital signal architecture, common tasks such as template installation, touch-down…
R. Scott Rowe has assumed the role of president and CEO of Cameron International, effective today, the oilfield equipment provider announced. Rowe has served with Cameron for 13 years, most recently as president and chief operating officer…
Honeywell's Spectra fiber will be used in ropes for new offshore oil and gas platforms for Petrobras, the company announced on 5 October. The high-performance fiber, also used extensively in body and vehicle armor, is being incorporated…
Erin Energy Corp. announced that the resource volume assessment of the three previously discovered fields (Tano North, Tano West, and Tano South) has been completed in the Expanded Shallow Water Tano (ESWT) Block, located offshore Ghana. The ESWT block is operated by its subsidiary company…
The US and five Gulf states have reached a US$20.8 billion civil claims settlement with BP from the 2010 Deepwater Horizon disaster, according to the US Department of Justice (DOJ). Transocean's Deepwater Horizon before the explosion…
Farstad Shipping’s Norwegian operations are taking a hit as the company sets to lay up five vessels, and lay off about 100 employees that is due to the further weakening of the offshore market. The Far Sleipner…
Image from EIC. The Energy Industries Council (EIC) announced the appointment of its new president Chris Haynes. Haynes is a senior oil and gas industry professional with almost 40…
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