Power and automoation group ABB has won contracts worth more than US$20 million to supply electrical power and propulsion systems for two next-generation offshore vessels. The first vessel, of ULSTEIN SX165 design (pictured), is being…
Odfjell Drilling and BP Angola have agreed a deal securing further work for Odfjell Drilling's sixth generation ultra-deepwater and harsh environment semisubmersible Deepsea Stavanger (pictured) on Block 18 in Angola. The contract is…
A subsidiary of Genel Energy is preparing to start drilling the Hagar Qim-1 well offshore Malta after the rig for the program was accepted under contract. The Noble Paul Romano (pictured) set sail for Block 7, in Area 4 offshore Malta…
DNV GL is proposing a new concept that combines mature water injection technology with the newest developments in offshore wind power to achieve more cost effective enhanced oil recovery (EOR). The company is inviting the industry…
Technip profiles a day in the life of one of its Houston-based project managers.
A McDermott International, Inc. subsidiary has signed a lease agreement with the Mississippi Development Authority and the Mississippi State Port Authority for the exclusive right to operate a spoolbase and marine operations base in the Port of Gulfport…
New Orleans-based Harvey Gulf International Marine Inc. has sold its towing division to Houston-headquartered Signet Maritime Corp. Through the deal, Signet will acquire eight offshore towing vessels (OTVs) ranging in size from 75 metric tonne (t) to 153t bollard pull…
JSC Yamal LNG awarded Technip a major engineering, procurement and construction for the 16 mtpa-capacity Yamal LNG project in Russia, the French company announced 15 May 2014. Technip said it has been involved in planning, engineering and…
Last week, Spain's Repsol sold its remaining 12% stake in Argentine oil giant YPF SA for US$1.25 billion, and YPF's stock price jumped 10%. The Spanish oil company controlled a majority of YPF after it was privatized in the late '90s…
GAC Russia is upgrading its supply base at the port of Novorossiysk to support offshore oil & gas exploration and extraction in the Black Sea. GAC Russia has already signed contracts to provide supply base support for operations from Novorossiysk on the northeastern Black Sea coast…
Walter Cruickshank was named acting director of the Bureau of Ocean Energy Management (BOEM), part of the US Department of the Interior. He replaced departing chief Tommy Beaudreau, who became Interior Secretary Sally Jewell's chief of staff on 5 May…
Bermuda-headquartered Teekay Offshore filed a letter of intent to acquire Norway-based Logitel Offshore Holdings Ltd., the company announced in its first quarter results released on 15 May 2014. The acquisition, Teekay said, should close in 3Q 2014…
Delivery of the Goliat floating production, storage and offloading (FPSO) platform has been delayed until early 2015, operator Eni Norge announced today. Eni said that conditions to depart at the end of June 2014, and complete commissioning in Norway in Q4 2014…
Alimak Hek Group AB is buying the offshore operations of Heis-Tek, a Norwegian specialized traction elevator company, focused on tailored vertical access solutions to the oil and gas industry. “This acquisition will allow us to become…
East of England based Proeon Systems has won two orders worth a combined £650,000 from a leading subsea contractor as part of the development of a new well intervention vessel. The award will see Proeon develop a subsea intervention control system…
Subscribe
