Lundin Petroleum has successfully completed the installation of the topside modules on the Edvard Grieg development, offshore Norway. Thialf. From Heerema. The Edvard Grieg topside…
The shareholders of Norwegian driller Northern Offshore approved a takeover deal by China's Shangdong Offshore. The acquisition will be done by amalgamation according to the law of Bermuda for US$0.96 per share, valuing Northern at $164…
The drilling market is turning out to be worse than in 2008-9 and is expected to continue into 2016 and beyond, says Norway’s Akastor as it feels the brunt of the low-oil price driven down turn. The former Aker Solutions company is planning…
Subsea 7 has agreed to its second alliance deal in a week, entering into an agreement with Houston-based KBR and its subsidiary Granherne to collaborate in cost effective, concept and front-end engineering and design services (FEED) for the…
ARKeX announced it has been awarded the first geological and geophysical oil and gas exploration permit by the Bureau of Ocean Management (BOEM). The ARKeX survey will acquire an airborne broadband gravity and magnetic survey over Outer…
Aker Solutions has won a maintenance, modifications and operations (MMO) contract from ExxonMobil for engineering, procurement, construction and maintenance services at the Hebron oilfield offshore Canada. The Hebron oil field is located offshore Newfoundland and Labrador…
Fugro has added cable-lay services to trenching for offshore windfarm and tidal energy sectors. The company has equipped its trenching vessel, Fugro Saltire, with a compact, custom-made, cable-lay spread that comprises a reel drive system to store the cables…
SBM Offshore has divested a 45% stake in the FPSO Turritella to Mitsubishi Corp. (MC) and Nippon Yusen Kabushiki Kaisha (NYK Line). MC purchased 30% stake and NYK Line purchased 15% stake in the joint venture companies incorporated for the purpose of owning and operating the vessel…
The Australian Transport Safety Bureau (ATSB) is investigating a fatal accident on board anchor handling supply vessel, Skandi Pacific, 166km northwest of Karartha, Western Australia (on the Northwest Shelf). During the early hours of 14 July…
BATS Wireless announced the successful test and delivery of 10 of its stabilized microwave systems, including eight DVM ExP2 ATEX/IECEx Zone 1 systems for the Martin Linge Project – located off the coast of Norway. The systems, when installed…
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…
Subscribe
