One person is missing and another six were injured following the sinking of Saipem's Perro Negro 6 jackup rig off the coast of Angola. The incident began Monday night (July 1) following the collapse of seabed underneath one of the Perro Negro 6's three legs…
Russia's Rosneft and Venezuela's PDVSA struck a deal concerning the implementation of projects offshore Venezuela. The agreement calls for the two companies to conduct joint studies evaluating technical and economic viability of offshore gas and condensate production in Venezuela…
Norway's Kongsberg secured contracts with China's CIMC Yantai Raffles and South Korea's STX Offshore & Shipbuilding for the supply of dynamic positioning (DP), automation, new generation safety system, integrated navigation, hydroacoustic positioning…
Baker Hughes announced the availability of a drilling fluid system that can improve drilling economics by enabling operators to manage circulating pressure more efficiently. The Baker Hughes MPRESS™ drilling fluid system allows operators…
North Sea independent Antrim Resources has agreed a deal which could see the use of new buoy technology to develop its Fyne field. Fellow independent Enegi, along with its joint venture partner ABTechnology, is to work up a new field development plan (FDP) for Fyne…
GE Oil & Gas has completed its acquisition of artificial lift technologies and industrial gears firm Lufkin Industries in a deal valued at US$3.3billion. Lufkin, with approximately 4,500 employees in more than 40 countries, manufactures…
Engineering services firm Plexus Holdings has picked up its first order with Italy's ENI for work offshore Australia. The contract, worth about £280,000, is with ENI's Australian subsidiary and is for the supply of 10,000psi POS-GRIP…
Subsea 7 has been awarded a US450million contract by Petrobras for the use of the Seven Pheonix pipelay vessel for five years. The vessel has operated for Petrobras for several years and is currently under contract with the Brazilian oeprator…
Rosneft has announced it has started seismic acquisition activity in the Sea of Okhotsk license blocks Lisyansky, Kashevarovsky and Magadan-1. The Russian firm said 2D seismic and gravity magnetic survey, from the Academik Fersman vessel…
N-Sea is to carry out subsea support for Cecon in the Dutch sector of the North Sea later this year. Under a contract for Cecon, N-Sea will perform survey and ROV-based construction support services as part of work to install four gas pipelines…
ExxonMobil chose Oceaneering International Inc. to supply production control umbilicals for its US$4 billion Julia development in the Gulf of Mexico. The order is for an electro-hydraulic, steel tube umbilical approximately 14 miles (22…
Total awarded 2H Offshore, an Acteon company, a contract concerning the TLP top tensioned riser (TTR) systems for the Moho Nord field development off Congo. 2H Offshore will be responsible for the riser delivery management, which includes design finalization…
Sembcorp Marine’s PPL Shipyard has won two orders for turnkey contracts worth a total US$417million from Mexico's Integradora de Servicios Petroleros Oro Negro. The orders are for the construction of two jack-up rigs, scheduled for delivery at end July 2015 and end of third quarter 2015…
Aker Solutions has won a contract worth up to US440 million to deliver the subsea production system for an oil field development in the UK North Sea. The delivery includes 25 subsea trees and six template manifolds as well as associated controls…
Work to start-up production on the Caspian Sea Kashagan development has begun, the North Caspian Operating Company (NCOC) has said. The first phase of the development will see oil and gas produced from eight wells on an artificial island complex in the north Caspian Sea…
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