Petróleo Brasileiro (Petrobras) has started production from the Cidade de Maricá floating production storage offloading unit (FPSO), in the pre-salt layer of the Santos Basin, offshore Brazil, in addition to the expansion of the country’s longest subsea natural gas pipeline…
Eidesvik Offshore entered into a new contract extension with Technip for the Viking Neptune subsea support vessel that is scheduled to begin in early April. The supply ship Viking Prince has also been awarded a contract with Faroe Petroleum for a well starting in mid May 2016…
Statoil launched a new venture capital fund, Statoil Energy Ventures, dedicated to investing in attractive and ambitious growth companies in renewable energy, supporting its strategy of growth in new energy solutions. Image from Statoil…
Norwegian engineering and construction firm Kvaerner says it has a healthy backlog but that there are few opportunities for new contracts in 2016 and 2017 looks uncertain. The firm, which only posted a relatively small drop in revenues in 2015…
Drilling contractor Ocean Rig CEO George Economou has warned that a recovery for the oil and gas industry might not come until 2018, at the earliest. Economou's comments were made as the Greece-based firm announced its second rig cancellation in the space of days…
Norway-based floating LNG specialist Höegh LNG says it will not engage in further new floating LNG (FLNG) developments, but focus on floating storage, and regasification units (FRSUs). The firm plans to have a fleet of 12 FRSUs by 2019…
New African Global Energy and Tower Resources have decided to drop their deep-water frontier acreage offshore offshore South Africa, but will be seeking a third partner for another exploration block. The firms were partners on the SW Orange Basin Technical Co-operation Permit (TCP)…
Funding worth £1.8 million (c2.4 million euros) has been awarded to a group of European scientific institutions as part of a major initiative to improve the understanding of the influence of man-made structures, including oil and gas platforms and wind farms…
Aker Solutions and Total agreed to collaborate on research and innovation to develop new cost-effective subsea field technology. The initial four-year technical collaboration agreement will build on earlier cooperation and bring both…
TE Connectivity (TE) announced a new Macro Sensors SSBR-937 Series CANBus LVDT Position Sensor with a CANopen interface compliant to CiA 443 for subsea instruments. The subsea CiA 443 LVDT position sensor…
The Middle East’s Dana Gas started production at its Zora gas field last month, offshore the Sharjah coastline, United Arab Emirates. Image from Dana Gas. Zora is located in the Sharjah Western offshore concession…
Nakilat-Keppel Offshore & Marine (N-KOM), the joint venture shipyard between Qatar’s Nakilat and Keppel Offshore & Marine (Keppel O&M), has successfully delivered its first liftboat unit, Al Safliya, to Qatari rig operator Gulf Drilling International (GDI)…
Byron Energy mobilized the Hercules 205 jackup drilling rig to the SM 6 #2 well location in the Gulf of Mexico last week, and expects to spud the well this week. Hercules 205. Image from Hercules Offshore…
ABS has centralized its global marine strategic planning, client development, and product and service offerings to deliver enhanced classification services and joint technical projects. Effective today (15 February), Dr. Kirsi Tikka is promoted…
Seatronics, an Acteon company and part of its survey, monitoring and data business, has announced the recruitment of Janelle Pence as vice president for the US region. Pence will be responsible for managing and developing Seatronics’…
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