Sea Trucks Group has announced the recent award of its first contract in Brazil. Sea Trucks will provide accommodation support services to Saipem for 300 personnel on board, including lifting operations, storage support and logistic support services for modifications works of an FPSO…
Seadrill Ltd. entered into an agreement with Seadrill Operating LP, the 58%-owned subsidiary of Seadrill Partners LLC, pursuant to which Seadrill Operating will acquire all of the shares of Seadrill Polaris Ltd., the entity that owns and operates the drillship…
Shell Philippines Exploration agreed to a one-month extension for the firm period for the provision of Prosafe’s Safe Astoria accommodation support vessel at the Malampaya Phase 3 Depletion Compression Project offshore the Philippines. The total value of the firm extension period is US$5 million…
Swire Oilfield Services has developed a new range of subsea baskets in response to the rise in demand from their customers to support their subsea operations. A team of in-house product development experts and engineers explored the…
The US Court of Appeals for the Federal Circuit recently affirmed the 2014 judgment that ION Geophysical Corp. infringed four seminal WesternGeco LLP patents covering streamer steering technology for marine seismic surveys, and that WesternGeco is the rightful owner of the pioneering technology…
ABB received orders from Hyundai Heavy Industries for electrical and telecommunication systems. The order is worth around US$100 million, with about half booked in the 4Q of 2014, almost $27 million in the 1Q of this year and $20 million in 2Q…
Despite over 37 billion bbl remaining in proven reserves, oil production in Nigeria is forecast to falter due to underinvestment, with the country’s oil and gas sector in desperate need of reforms and transparency to reverse this trend, according…
Mexico’s National Hydrocarbons Commission (CNH) opened the first public tender process early this morning (15 July) in the country's historic and disappointing Round One that offered Mexico's upstream opportunities to international companies for the first time in decades…
Dutch offshore contractor Heerema Marine Contractors (HMC) sealed its deal with Jurong Shipyard to build its new mega-heavy lift crane vessel. HMC had already signed a letter of intent with the Sembcorp Marine subsidiary. Today's engineering and construction contract…
Wintershall's Zeppelin exploration well offshore Norway has been classified as dry. The well, 10/4-1, in production license 734, was drilled about 35km southeast of the Yme field in the North Sea using the Borgland Dolphin semisubmersible drilling rig in 98m water depth…
Ensco's Executive Vice President and CFO Jay Swent will be retiring after more than 11 years of service. Swent will continue to serve in his current role until the succession process has been completed and a new CFO has been named. The completion of the succession process may extend into 1H 2016…
The Center for Offshore Safety (COS) announced that Schlumberger is the first service/supply contractor to achieve the voluntary COS member certification of its safety and environmental management systems (SEMS). SEMS, which focuses on establishing…
Freeport-McMoRan has appointed Doss R. Bourgeois president and COO for Freeport-McMoRan Oil & Gas. Bourgeois has been a major part of the success of Freeport-McMoRan Oil & Gas and its predecessor companies. The company said that Bourgeois'…
Permasense has opened an Aberdeen office to demonstrate its commitment to upstream clients. This follows the recent launch of ET210 – Permasense’s product for the real-time monitoring of corrosion and erosion at upstream oil and gas assets…
Today’s low oil prices and looming debt loads are not the only challenges to upstream offshore oil and gas companies and their vendors. But as if those weren’t enough, owners and operators must also be focused on the insidious threat of cyber attacks…
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