Luxembourg-based investment firm JACCAR Holdings has made a takeover bid for French offshore vessel owner Bourbon. JACCAR, the private, maritime sector-focused, investment company of Jacques de Chateauvieux, Bourbon’s chairman, already directly owns 26…
Cairn Energy has said it is committed to its planned 2014 operations, but that spending beyond then is being looked at closely as its awaits resolution of tax issues in India. The Edinburgh-based firm says spending beyond 2014 would depend…
Shipbuilding firm Vard has set up a new subsidiary for ship design, engineering and sales activities in Canada. Vard Marine Inc. is a ship design and marine engineering company providing solutions for offshore and specialized vessels such as offshore support…
Michael Studinger, a project scientist for NASA's Operation IceBridge, and Nathan Kurtz, a physical scientist, provide commentary during a virtual tour of the Operation IceBridge campaign in the Arctic.
Kongsberg Maritime has been chosen to deliver technology packages for ten new pipelaying vessels ordered by Brazilian multinational energy corporation, Petrobras. In contracts valued about US$19.85 million, the scope of supply includes Kongsberg…
McDermott International Inc. recently mobilized its dive support vessel (DSV) Thebaud Sea for an emergency pipeline repair offshore the United Arab Emirates. This is the third time in recent months that the DSV has been fast tracked to an emergency response…
Keppel Offshore & Marine’s subsidiaries have secured contracts worth about US$110 million in total. Keppel Shipyard will, for SOFEC Inc., fabricate an external turret mooring system for an FPSO vessel that will operate in the Tweneboa-Enyenra-Ntomme fields in Ghana…
Saipem has been contracted by South Stream Transport for the construction of the first line of the South Stream Offshore Pipeline, from Russia to Bulgaria across the Black Sea, for a total value of about US$2.7 billion. The South Stream…
The Sunbird-1 exploration well in area L10A offshore southern Kenya is to be plugged and abandoned after finding hydrocarbons. Pancontinental Oil & Gas, which holds 18.75% WI in the BG Group-operated well, said while hydrocarbons were found…
Kosmos Energy subsidiary Kosmos Energy Deepwater Morocco has spudded the FA-1 well on the Eagle prospect in the Foum Assaka area offshore Morocco, according to partner Fastnet Oil & Gas. The planned target depth is 4000m in about 600m water depth…
Cairn Energy's JM-1 well, offshore Morocco, is to be plugged and abandoned without testing, after funding heavy oil. The JM-1 well (operated by Cairn with 37.5% WI) was drilled to evaluate Upper Jurassic and Middle Jurassic objectives…
Germany’s RWE Aktiengesellschaft has conditionally agreed to sell its exploration and production firm subsidiary RWE Dea AG to Russian-backed LetterOne Group for about Euro 5.1 billion (US$7 billion). LetterOne was founded last year as an investment vehicle…
Singapore-based Nordic Maritime has received a contract from Cairn India to provide 3D marine seismic data acquisition and processing services off the coast of Andhra Pradesh, India, starting later this month. Under the terms of the $23…
SMD announces an order from Aberdeen based Bibby Remote intervention Limited (BRIL), part of Bibby Offshore, to supply a further two Quasar MkII 150hp 3000m rated work-class remotely operated vehicles (ROV) complete with Launch and Recovery systems (LARs)…
GE formally opened its newly expanded oil and gas facility in Fót, Hungary. The GE Oil & Gas manufacturing plant has been substantially enlarged with the addition of a new 8000sq m manufacturing facility and a new office building of 3000sq m…
Subscribe
