The past few weeks have seen a string of profit warnings and capital spending cutbacks from global oil and gas exploration majors. Should oilfield service companies be worried that the good times are coming to an end? According to bank and investment company Investec…
Plexus Holdings has been awarded its first contract with Maersk Oil’s Danish business unit to supply surface wellhead and mudline equipment services for an exploration well in the Danish North Sea. The initial value of the contract is about £1…
Anadarko Petroleum Company has started drilling theCaravel-1exploration wellin the Canterbury basin offshoreNew Zealand. Drilling is expected to take about 40 days, using the drillship Noble Bob Douglas. The expected total depth is 2800m subsea…
Norway-based offshore marine and engineering consultancy Aqualis Offshore has opened a new office in Bahrain. Aqualis already has offices in Dubai, UAE (regional headquarters), and Dammam, Saudi Arabia, in the Middle East. “The primary…
Norway headquartered DeepOcean Group has moved into the offshore geotechnical services market by acquiring ageotechnical drilling rig and agreeing a strategic alliance with Swiss firm Geoquip Marine. The strategic alliance will see the…
Houston-based Helix Energy Solutions is to provide Petrobras with well intervention services for a minimum four years, using two new-build vessels. The two new monohull vessels, being built at the Flensburger shipyard in Germany for Norway’s…
Specialist bolt tensioner manufacturer Boltight Ltd. has launched a new range of long stroke spring return bolt tensioners that are designed to improve productivity and operator safety. Called the TSR Range, these ex-stock availability tools…
Brian Nixon’s career has seen him transition from engineering and project management to international business development in Angola. For the past four years Nixon has lead industry body Decom North Sea. Nixon (pictured) announced his decision to step down as CEO of Decom North Sea…
GE Oil & Gas opens Brazilian logistics base With an area of 590,000sq. ft and investments that exceed US$100 million, GE’s base in Niteroi in the state of Rio de Janeiro was designed primarily to load and unload installer ships. These vessels carry heavy equipment…
Sonardyne Sentinel provides rapidly-deployable underwater security Maritime security company Sonardyne International Ltd. has successfully completed the installation of a Sentinel Intruder Detection System (IDS) onboard a drilling rig…
Aberdeen-based standby vessel operator Atlantic Offshore Rescue has commissioned a US $9.88million vessel for a long-term charter with Nexen Petroleum UK Ltd. Thirty new jobs have been created as a result of the new vessel, Ocean Tay…
CNR International (CNRI) is preparing to make a significant investment in the next phase of development drilling at its Baobab field, offshore Côte d’Ivoire (Ivory Coast). The Aberdeen-based operator, which is the international division of Canadian Natural Resources…
Energy production technology services company Proserv has bought KRG Industries Ltd from majority shareholder Torishima Pump Mfg. Co. Ltd, (Torishima) in Japan. KRG provides precision engineering services to the oil and gas and aerospace and defense industries…
ELF Exploration UK Ltd., an affiliate of Total E&P UK Ltd., has awarded Ocean Installer a contract for dredging services at the West Franklin field. The work scope involves excavation/dredging services at 93 metres depth to remove the…
Operator Statoil is to use Technip for intervention services on its Åsgard subsea compression project in the Norwegian Sea. The Åsgard field lies on the Halten Bank in the Norwegian Sea, about 200km off Norway. TheÅsgard subsea compression…
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