Rodi Marine Service signed a contract with Swiftships to build two additional 175 Foot DP-2 fast supply vessels (FSVs). The two additional vessels will be an extension of the two-boat order made by Rodi Marine in 2013. The Riley Claire…
ExxonMobil signed a production sharing agreement (PSA) with the Cote d'Ivoire governmentfor two ultra deepwater blocks in the Gulf of Guinea. The PSA is for the Blocks CI-602 and CI-603 located in the southern Ivory Coast. CI-602 covers 3874sq km and CI-603 covers 5543sq km…
GE has agreed to acquire the Subsea Electric Actuator product line of Oceaneering, a global provider of engineering services and products to the oil and gas industry. The product line goes to market under the Oceaneering Subsea All Electric and Ifokus brand…
2H Offshore will deliver a lightweight conductor supported platform for EnQuest subsidiary, EQ Petroleum Developments Malaysia Sdn Bhd, for installation in the Tanjong Baram field, offshore Malaysia. The award follows completion of a competitive tender process…
Aqualis Offshore, signed a master service agreement (MSA) with offshore drilling company Atwood Oceanics. The MSA covers jackup rig moving services, towmaster and marine warranty services, and can include condition and valuation services…
Providing the latest security and surveillance systems and onboard entertainment technologies (Infotainment) such as passenger WiFi services to the demanding rail sector is a challenge. Reliability of these onboard technologies is critical for both train operators and passengers…
Wärtsilä is acquiring L-3 Marine Systems International (L-3 MSI) from L-3 Communications Holdings in a US$353 million deal. L-3 MSI is a business sector within L-3's Electronic Systems business segment primarily focused on the commercial ship industry…
Alphastrut completed a seven-figure contract with BP for its Clair Ridge project. Image from BP. The Alphastrut aluminium system was successfully installed on the BP Clair Ridge accommodation module…
Peak Well Systems (Peak) commissioned two new ISO test facilities in Perth (Western Australia) and Aberdeen (UK). The new facilities provide a controlled environment in which to test downhole plug systems under extreme conditions for prolonged periods of time…
The Swiss-based Allseas Group selected Sonardyne’s Ranger 2 Ultra-Short Baseline (USBL) acoustic positioning system for the world’s largest pipelay and platform installation/decommissioning vessel, Pieter Schelte. The Ranger 2 USBL system…
Chevron’s subsidiary Star Deep Water Petroleum awarded FMC Technologies a US$268 million contract to provide subsea equipment for operations for the Agbami field’s Phase 3, offshore Nigeria. The Agbami FPSO…
Wood Group PSN (WGPSN) has said it is cutting the rates paid to its UK-based limited company offshore and onshore contract workers in response to 'cost efficiency challenges affecting the UK North Sea oil and gas sector.' In addition…
Freeport-McMoRan Oil & Gas and partner Pura Vida Energy are planning to drill an up to US$136 million well offshore Morocco targeting 'well over' 1.4-3 billion barrels total gross mean resources. The well, Mazagan-1 (MX-1), which contains the Ouanoukrim prospect…
Norway-based ship builder Vard is to design and build a new offshore subsea construction vessel for fellow-Norwegian firm Farstad Shipping. The 98m-long, 21.5m-beam vessel will be of VARD 3 17 design has been developed especially for subsea and inspection…
ExxonMobil's subsidiary Esso Australia has started a five-well drilling campaign at the Turrum field as part of its ongoing investment in Bass Strait to develop new gas supplies. The AU$335 million investment in drilling four gas wells and one oil well follows the start-up of the $4…
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