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Shell, i-Tech 7 Team Up to Speed Up Subsea Digitalization

Feb 18, 2020

Subsea 7’s Life of Field business unit i-Tech 7 has partnered up with Shell in a technology agreement aimed at speed up subsea digitalization, initially for a period of five years from the fourth quarter of 2019.The agreement, i-Tech said Tuesday…

Posco Strikes Gas Offshore Myanmar

Feb 18, 2020

South Korea's Posco International has made a gas discovery at the Mahar well offshore Myanmar.Located in Block A3, the well was drilled using the Maersk Viking drillship in a water depth of 1000 meters.The Korea Herald has reported that the…

EU Clears OLT Takeover by SNAM and FSI

Feb 18, 2020

The European Commission has approved the acquisition of OLT Offshore LNG Toscana by SNAM and the UK’s First State Investments International (FSI), under the EU merger regulation.According to the Commission, OLT is active in the management of…

Transocean Drilling Revenues up at $792M

Feb 18, 2020

Transocean, the world's largest offshore drilling contractor, said that its total contract drilling revenues were $792 million (total adjusted contract drilling revenues of $839 million), compared with $784 million in the third quarter of 2019…

MHI Vestas Orders ABB Transformers

Feb 18, 2020

MHI Vestas Offshore Wind, the global wind turbine manufacturer, has selected ABB’s Power Grids business to deliver its WindSTAR transformers for the Triton Knoll offshore wind project in the UK.ABB’s WindSTAR power transformers are designed…

Pemex Signs Contracts for New Oil Projects

Feb 18, 2020

Mexican national oil company Pemex has begun signing contracts with oilfield service firms specifically invited to submit bids for a new batch of priority exploration and production projects, the state-owned company's chief executive said. CEO…

Germany Develops Offshore Grid Simulator

Feb 18, 2020

Germany has got a research project underway that is seeking to improve the integration of offshore wind farms into the grid.German research institute Fraunhofer IWES is developing a mobile grid simulator that will allow the testing and optimization…

Sembcorp in Offshore R&D Pact with A*Star

Feb 18, 2020

The global marine and offshore engineering group Sembcorp Marine and Singapore's Agency for Science, Technology and Research (A*Star) have agreed to deepen their research and development (R&D) collaboration for the offshore marine and clean energy sectors…

UPS Wins Northern Endeavour Contract

Feb 17, 2020

Upstream Production Solutions (UPS), Perth, a wholly owned subsidiary of GR Engineering Services Ltd, has agreed with the Australian Government to provide operations and maintenance services to the Northern Endeavour floating production, storage and off-take (FPSO) vessel…

Vroon, Jisco Extend Nautical Aisya AWB Partnership

Feb 17, 2020

JISCO Marine and Vroon Offshore Services Singapore have signed a two-year extension agreement for the management of the Accommodation Work Boat (AWB) Nautical Aisya. This renewal will extend the JISCO and VOS Singapore cooperation until at least the end of February 2022…

Report: Crane Boom Falls on North Sea Jack-Up Rig

Feb 17, 2020

A crane boom reportedly collapsed Friday morning aboard the Valaris 120 jack-up drilling rig in the UK North Sea, luckily causing no harm to the crew.A rig workers' community page on Facebook called The Rig Worker's Rant released a photo apparently…

ALP to Tow Giant Coral Sul FLNG from S. Korea to Mozambique

Feb 17, 2020

Dutch ocean-towing company ALP will tow Eni's giant FLNG vessel Coral Sul (South) from South Korea to Mozambique, and will also assist with the mooring operations once on location.ALP on Monday said that TechnipFMC and JGC had contracted it…

Norwegian Seismic Player Names New CFO

Feb 17, 2020

Norwegian oilfield seismic data company TGS has named Fredrik Amundsen as the new Chief Financial Officer, to replace Dean Zuzic who joined the company last year after the acquisition of rival Spectrum.Amundsen has served as Executive Vice President (EVP) Europe at TGS…

Stril Pioner PSV in 8-Month Charter with Equinor

Feb 17, 2020

Norwegian energy company Equnor has extended the charter deal for the Stril Pioner platform supply vessel.The LNG-powered PSV owned by Norway's Simon Mokster will start the contract in direct continuation of the current contract.As with other…

Rubicon Demands Payment from KrisEnergy

Feb 17, 2020

KrisEnergy, an oil company focused on Southeast Asia, has been served a claim by Rubicon demanding a $2.84 payment in relation to a 2014-charter of the Rubicon Vantage FPSO, deployed at KrisEnergy's Wassana field as an FSO. Rubicon has, according to KrisEnergy…

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