Big oil companies Eni Norge, Statoil, Gdf Suez E&P Norge, OMV Norge and the Norwegian Coastal Administration are teaming up with Aptomar to strengthen technology functionality and communication infrastructure for offshore oil spill detection and management systems…
Statoil moved to increase its presence offshore Colombia through two farm-in agreements with Spain’s Repsol, the Norwegian explorer announced on 4 September 2014. Statoil will acquire a 10% stake in the Petrobras-operated Tayrona…
Aker Solutions and Baker Hughes Inc. received necessary regulatory approvals for the Subsea Production Alliance announced in April 2014. The two companies agreed to form the alliance a few months ago develop technology for production solutions designed to boost output…
Statoil’s Martin prospect located in Mississippi Canyon block 718 in the US Gulf of Mexico (GOM) has been plugged and abandoned. Statoil said while a discovery was made, it was non-commercial. Statoil says the Maersk Developer semisubmersible rig…
InterMoor, an Acteon company, opened a major new storage, maintenance and inspection facility in Aberdeen, UK. The new base will support InterMoor’s global mooring operations with a focus on Europe, Africa and Asia. “The new location…
Suncor Energy resumed production at the Terra Nova oil field, located approximately 350km southeast of St. John’s, Newfoundland, Canada, the company reported on 3 September 2014. Production resumed following planned maintenance on the field’s FPSO facility…
Noble Energy has entered into a non-binding letter of intent (LOI) to supply Jordan’s National Electric Power Co. Ltd. (NEPCO) gas from the Leviathan field, located off Israel, the company announced on 3 September 2014. In the US$15 billion deal…
In order to expand its Brazilian business, Polarcus has teamed up with Sinergeo for the management of Polarcus do Brazil in Rio de Janeiro. With the addition of Marcelo Fonseca and Marcos Gallotti to the company’s management team, Polarcus…
Vard Holdings Ltd. awarded Houston-based Forum Energy Technologies (FET) a contract for eight remotely operated vehicles (ROV) systems. FET will supply eight Perry XLX 150HP work-class ROVs that will be mobilized on four new-build pipeline…
DNV GL and Subsea Global Solutions LLC. (SGS) announced the completion of an extensive joint research and development program that allows permanent repairs to be carried out by underwater wet welding on certain areas of vessels. With DNV GL’s approval…
Ceona has successfully floated the Ceona Amazon pipelay vessel from the Lloyd Werft yard in Bremerhaven, Germany, the company announced on 3 September 2014. Completion is scheduled for November. Work at Bremerhaven follows successful floatation at Crist yard in Poland back in April…
Viper Subsea won a multimillion-dollar contract to supply subsea hydraulic and electrical distribution equipment to an unnamed oil field in the Caspian Sea. The contract includes the design and supply of subsea equipment, in addition…
Mexico’s Pemex awarded an offshore multi-site geophysical and geotechnical survey to Fugro and Constructora Subacuatica Diavaz, S.A. de C.V. The contract, valued at US$31.5 million, includes offshore operations, laboratory testing and…
Baker Hughes Inc. completed the acquisition of Weatherford’s pipeline and specialty services business for US$250 million. The total consideration includes $241 million in cash and $9 million in retained working capital. The purchase…
Atwood Oceanics, Inc. took delivery of Atwood Achiever from the Daewoo Shipbuilding & Marine Engineering Co., Ltd. (DSME) shipyard in South Korea. Atwood says the ultra deepwater ship began the mobilization phase of its drilling services contract with Kosmos Energy…