By Karen Parrish, American Forces Press Service The US Defense Department’s new Arctic strategy is an 8-point approach to maintaining peace and security in a new frontier that climatic forces are poised to open in the coming years…
CIMC Raffles today held naming ceremonies for the OOS Gretha and OOS Prometheus semisubmersible drilling rigs, built at its yard in Yantai, China, and due to work for Petrobras offshore Brazil. The two units were designed and built by CIMC Raffles…
Keppel Corporation and the National University of Singapore have agreed to set up the Keppel-NUS Corporate Laboratory, with backing from the National Research Foundation (NRF), to develop technological solutions for the offshore industry…
Ulstein's Ulstein Verft yard is to build an offshore construction vessel (OSV) larger than any other vessel the yard has built before. The new OSV, part of an order for two new OSVs from Edison Chouest Offshore and Island Offshore, through Island Ventures II LLC…
Statoil and the US National Aeronautical and Space Administration (NASA) have formed a partnership to explore how technologies and knowledge from the space and oil and gas industries can be relevant to one another. Statoil and NASA will explore a wide range of technologies…
Baker Hughes drilling rig count for 22 Nov 2013 shows 57 rigs drilling off the US, including two rigs each off California and Florida, three off Texas, and 50 off Louisiana. This is three fewer than last week, but four more rigs drilling offshore than a year ago…
EQT VI has entered into an agreement to acquire Oslo-listed Aker Solutions ASA’s Well Intervention Services Business for an enterprise value of NOK 4 billion. “The acquisition has come to fruition through close cooperation with Aker Solutions…
Aker Solutions ASA secured a two-year option agreement extension valued at NOK 3 billion from Statoil ASA to provide maintenance and modifications work offshore Norway. The option is part of a 2010 framework agreement to provide maintenance…
Atlas Copco has acquired U.K.-based bolt tightening developer and marketing firm Tentec Ltd. Tentec, based in West Bromwich, has 65 employees and had revenues, in 2012, of £9.8million. The company, which was founded in 1988, specialises in hydraulic bolt tensioners…
Dana Petroleum has made an oil discovery in the Moray Firth following the drilling of the Liberator exploration well. Dana drilled 13/23d-8 on the Liberator prospect in licence P1987, as operator, and discovered hydrocarbons in a Lower Cretaceous Captain sandstone reservoir…
Chevron and its partners on the multi-billion dollar Rosebank development in the UK North Sea have revealed they are going back to the drawing board on the project. Partner OMV said, at its annual media summit today in Vienna, that it had “been vocal” to Chevron…
National Oilwell Varco Inc. announced that Chairman and Chief Executive Officer Merrill A. “Pete” Miller, Jr. has informed the Board of Directors that he intends to step down from those positions, concurrent with the completion of plans to…
Partners on the shut-in Norwegian Njord field are considering options for the area’s future, including a potential new floating production vessel or platform. The floating steel Njord A platform, operated by Statoil, was shut-in during July…
Keppel has won another contract to build a KFELS Super A Class harsh encironment jackup rig for a subsudiary of Ensco plc. The contract, worth about US$265 million, will see FELS Limited (Keppel FELS), part of Keppel Offshore & Marine (Keppel O&M)…
BP has chosen accommodation vessel provider Prosafe for a 13 month contract as part of a major upgrade project on its ETAP facility in the North Sea. The US$98.2 million contract will see BP Exploration Operating Company Limited (BP)…
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