Latest News - page 2257

 

Unique Group acquires Oceanwide

Oct 26, 2015

Image: Oceanwide S.a.S. selfpropelled hyperbaric lifeboat/Unique Group Unique Group, an integrated subsea and offshore solution provider, has acquired Oceanwide Safety at Sea in a deal that joins two global providers in the diving industry…

Transocean delays 2 Shell newbuilds

Oct 26, 2015

Transocean has chosen to delay the operating and delivery contracts for two newbuild ultra-deepwater drillships by 12 months, the company announced on 26 October. Transcocean, working with its customer, Shell, and the shipyard, Daewoo…

Barents Sea Ice

Oct 26, 2015

Ice cover in the far north isn’t static, but varies in extent with the seasons and from year to year. Thanks to the Gulf Stream, the southern Barents Sea is usually ice-free all year round, but icebergs and sea ice can pose a real threat to installations if they collide…

Sandvik opens South American facility

Oct 26, 2015

Image: Sandvik Sandvik, a developer and producer of advanced stainless steels, special alloys, titanium and other high-performance materials, has announced the opening of its South American…

OPITO app makes waves in North Sea

Oct 26, 2015

Image: OPITO OPITO has introduced a mobile app designed to give North Sea offshore workforce access to their training and certification records anywhere at any time. In its first year…

Bestobell Marine secures order for second Yamal vessel

Oct 26, 2015

Bestobell Marine, a manufacturer of cryogenic valves, has secured an order for its cryogenic globe and check valves for the second LNG carrier in the Yamal series of vessels being built at DSME shipyard in South Korea.  After successfully…

QGEP, Shell sign COSA

Oct 26, 2015

QGEP Participações has announced that Queiroz Galvão Exploração e Produção has signed a Crude Oil Sales Agreement (COSA) with Shell Western Supply and Trading for the early production system (EPS) of the Atlanta Field. This contract refers to QGEP's 30% share in the production from the field…

Europa: Low rig rates is an opportunity

Oct 26, 2015

Europa Oil & Gas CEO Hugh Mackay says now is a perfect chance to drill on the firm’s offshore Irish prospects thanks to rig rates being at their lowest in a decade. The CEO, whose firm is targeting 1.5 billion boe, unrisked, in three…

Ivory Coast project ramps up

Oct 26, 2015

Foxtrot International has started production from a second platform on Block CI-27 offshore Côte d'Ivoire, according to Foxtrot part owner, Oslo listed RAK Petroleum. The Marlin-B1ST well, the first well in an initial five-well drilling…

Dong picks DeepOcean for cable installation

Oct 26, 2015

Dong Energy has awarded a contract for the provision of cable installation and trenching work for its Race Bank offshore wind farm to DeepOcean. Offshore work will be carried out in 2016/2017 from DeepOcean’s in-house fleet of dedicated cable installation and trenching vessels…

Centrica to bring more York gas on tap

Oct 26, 2015

Centrica Energy has started drilling a new well from the York gas field in the southern North Sea, offshore England, after nearly £80million of investment. The new well, the fourth at York, will tap an additional 20 Bcf of gas and extend the life of the field out to 2020…

Proserv wins Johan Sverdrup contract

Oct 26, 2015

UK-based energy services company Proserv has secured a £1.6 million plus contract to provide topside control equipment at one of the largest field discoveries on the Norwegian Continental Shelf. The agreement will see Proserv supplying Aibel…

Transocean to pay US$20 million to Alabama for Macondo

Oct 23, 2015

Transocean and the state of Alabama have agreed to a US$2 million settlement stemming from 2010’s Deepwater Horizon disaster. The Deepwater Horizon. Image from EPA. Governor Robert Bentley announced the settlement this week…

EIA: UAE seeks 30% production boost

Oct 23, 2015

The US Energy Information Administration (EIA) reported today (23 October) that the United Arab Emirates (UAE) intends to increase its production 30% by 2020 using EOR techniques.  For the UAE, EOR technologies will be the best way to…

Chevron to pay millions in Auz taxes

Oct 23, 2015

In a battle between the Australian Tax Office (ATO) and Chevron in the Australia federal court, the US supermajor lost and will have to pay more than US$232 million (A$322 million) in back taxes, in addition to fines. Wheatstone…

Current News

Aquaterra Energy Gets Multi-Year Well Intervention Job off Spain

Aquaterra Energy Gets Multi-Ye

Two DOF Vessels Get Work in North Sea and Australia

Two DOF Vessels Get Work in No

Seatrium Unit Launches Arbitration Against Petrobras over FPSO Contract

Seatrium Unit Launches Arbitra

Transocean-Valaris Tie-Up to Create $17B Offshore Drilling Major with 73 Rigs

Transocean-Valaris Tie-Up to C

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