Rapp Marine will deliver its largest engineered crane for one of Otto Candies’ vessels. The 150-tonne active heave compensation (AHC) crane will be capable of lifting 150-tonne at 17m, and will be certified by Lloyd’s registry. It will…
Intertek launched its upgraded stray voltage monitoring system, aiding heightened protection for oil and gas industry workers, the PM305. The PM305. From Intertek. PM305 is an upgraded version of Intertek’s PM205 model…
George L. Kirkland, vice chairman and executive VP of Chevron Upstream, will retire from the company effective 15 June 2015. He will be succeeded by James W. Johnson as executive vice president of Chevron Upstream on 16 June 2015. 'George's…
The MacArtney Group is premiering its latest feats of innovation and system development within the realm of underwater technology with the brand new NEXUS MK VII multiplexer. The group says that the NEXUS MK VII is a highly versatile HD and standard video…
Northern Offshore is delaying the delivery of two of its high specification jackups due to the downturn of the drilling market. The West Navigator. From NADL. Northern was able to…
ABB shows off the newest addition to its line of Azipod electric propulsion offering, the Azipod D. ABB says that the electric propulsion behind ABB’s Azipod units enables ship owners and operators to lower maintenance costs and cut fuel consumption…
MacGregor has reorganized into seven operative divisions since the beginning of 2015. The offshore mooring and loading division drives the development of systems and equipment for offshore floating units. MacGregor has appointed Høye G. Høyesen as VP…
Houston-based VAALCO Energy is in the process of plugging and abandoning its post-salt Kindele-1 well, offshore Angola after encountering non-commercial hydrocarbons. Map of Kindele-1, offshore Angola…
Despite the recent memorandum of understanding (MOU) between Rosneft and Golar LNG, the former’s current gas strategy is narrowly focused on developing domestic reserves and initiating liquefied natural gas (LNG) projects in Russia, according…
Italian exploration and production major Eni is joining Chevron, Woodside, Ophir Energy and India's Reliance Industries, in gearing up for exploration activities offshore Myanmar after signing two production sharing contracts (PSCs). All the companies have been awarded PSCs off the country…
McDermott International has been awarded a contract to transport and install subsea umbilicals, manifolds, jumpers and flying leads for Chevron to support the brownfield expansion of the Jack and St. Malo fields in the US Gulf of Mexico. Image from Chevron…
Floating production vessel operator BW Offshore and UK-based independent producer Ithaca Energy have agreed new terms for use of the BW Athena in the North Sea. BW Offshore and Ithaca Energy (on behalf of the Athena field co-venturers)…
Danish headquartered oil and gas explorer Maersk Oil has started production from Tyra Southeast-B in the Danish sector of the North Sea. The new 4700-tonne platform, 220km off Denmark’s west coast, will produce a mixture of oil and gas…
UK-based engineering group Wood Group has been awarded a five year, US multi-million dollar contract by French operator Total, which includes the option for two, one-year extensions. Under the contract Wood Group PSN (WGPSN) will deliver engineering…
Oil prices are set to rise on average US$10/bbl annually towards 2020, with global liquids supply and demand balancing out in around two years, according to Oslo-headquartered oil and gas consulting and business intelligence firm Rystad Energy…