VBMS isn’t an old company, but it’s making electric cable waves in both the offshore renewables business as well as at its new parent company Boskalis, reports Elaine Maslin. The Ndurance at work…
Brazilian native Luis Araujo became CEO of Aker Solutions in 2014, after joining the business in 2011. He has a BEng in mechanical engineering and an MBA. We asked him about his career and outlook on the industry. Luis…
John Bradbury takes a look at activity in the North Sea – across Norway and the UK. Johan Sverdrup - an artist's impression. Image from Statoil. By the middle of 2016 it was evident…
Could we on the verge of embracing the industry 2.0 era? Intelligent energy, or the digital oilfield, is set to be discussed in Aberdeen next month. We take a dip into the debate. Image from iStock…
In advance of OE’s 2016 Deepwater Intervention Forum, held in Galveston, Texas, Audrey Leon discusses the next game-changing technologies with the forum’s board members. The Helix Well Enhancer…
A joint industry project to reduce the time and effort spent on documentation around subsea projects has given the industry food for thought. Elaine Maslin reports. Subsea documentation has really hit a nerve,” says Bjørn Søgård, segment director…
Exploration and production companies have been hesitating to engage in greenfield projects amid the current market downturn, resulting in the lowest offshore project commitment since 1998, according to Norwegian analysts Rystad Energy. Only…
Norwegian part-state owned oil giant Statoil and Brazilian state oil firm Petrobras have agreed a deal which will see Statoil acquire Petrobras’ 66% operated interest of the BM-S-8 offshore license in Brazil’s prolific Santos basin. The US$2…
Songa Offshore's fourth and final newbuild Cat D Rig, the semisubmersible Songa Enabler, has started drilling operations on 29 July offshore Norway for Norwegian oil giant Statoil. All four rigs are semisubmersible, sixth generation Cat…
Shell Australia has awarded DOF Subsea a five-year contract with two, two-year options to provide a fulltime underwater services and multi-purpose supply vessel to the Prelude FLNG facility. Prelude FLNG will produce, liquefy, store and transfer LNG at sea…
Rig operator Seadrill has received three-year contract extensions from Saudi Aramco for the jackups AOD I and AOD II expiring in June 2019 and July 2019, respectively. The extensions are in direct continuation of the current contracts…
Oil and gas production from Chevron's Erskine field in the North Sea has restarted following the clearance of a pipeline blockage and the completion of scheduled maintenance works on the Lomond platform, says partner Serica Energy. The pipeline blockage…
The board of directors of Singapore-based Swiber Holdings has applied to wind up the company. A hearing will be held on 19 August. The firm also applied to put the company into provisional liquidation. Staff from KordaMentha have been appointed provisional liquidators…
A hydrocarbon leak Thursday morning (28 July) aboard the Alvheim FPSO prompted a production halt at the field, according to operator Det norske. The leak occurred in the FPSO's pump room, triggering an alarm, and stopping production.…
Van Oord, a dredging, marine engineering and offshore projects contractor, has reached agreement on the acquisition of the offshore wind activities of Bilfinger Marine & Offshore Systems, a German company active in the engineering, construction…