Songa Offshore has appointed Bjørnar Iversen as its new CEO just months after he joined the company as president of Songa Rig AS. Iversen will take up the new role, based in Cyprus, replacing interim CEO Jens Wilhelmsen, effective as of June 1…
E&P companies are ramping up exploration of deepwater and ultra-deepwater reservoirs, encouraged by attractive oil prices. New developments spread across offshore Africa, Asia Pacific, Europe, Middle East and North and South America. Jeannie…
Cargotec's MacGregor has received a EUR 22 million (US $28,369,261) order to deliver a 900-tonne active heave-compensated (AHC) MacGregor subsea crane to the South Korean shipyard, Hyundai Heavy Industries Co Ltd. The crane will be installed…
Dolphin Geophysical has set its sights on doubling its fleet and its market share. Meg Chesshyre hears from CEO Atle Jacobsen and his team. Dolphin Geophysical’s remarkable success, since it was established in late 2010, has been outlined by CEO Atle Jacobsen…
Aberdeen-based Schoolhill Hydraulic Engineering has signed a collaboration agreement with a North East England fabrication company. The collaboration with Teesside-based Francis Brown Engineering will enable both Schoolhill Hydraulic…
With 70m broad stern, Petroleum GeoServices' (PGS) new Ramform Titan holds the honor of being the widest streamer vessel, capable of towing 24 streamers. Before the Ramford Titan, there was the 22 streamer Ramford Sovereign. Unveiled in 2008…
BG Group today announced it had completed another successful drill stem test in Block 1 offshore Tanzania, with initial results from the Mzia-2 well showing better than expected properties in the deeper Cretaceous reservoir. The test on Mzia-2…
US oil and gas professionals are losing their appetite for risk and are worried about rising operating costs, as they grapple with the consequences of a tougher, post-Macondo regulatory regime, according to new research published today by GL Noble Denton…
Statoil and partner Petoro have proven considerable additional resources in the Shetland Group/Lista Formation in the Gullfaks licence. The Shetland Group and the Lista Formation are younger and slightly shallower deposits with different…
A welcoming ceremony was held for two newbuild vessels SL Gabon and SL Libreville at Port‐Gentil, Gabon on 17 April. Among those attending the ceremony were the Minister Delegate of Transport Mr Emmanuel Jean Didier Biye, the Governor of the Ogooué Maritime Province Mr Martin Boguikouma…
The Gazprom Management Committee took note of the progress with the program for hydrocarbon resources exploitation on the Russian Federation shelf until 2030. It was mentioned that the Russian continental shelf was a region of the company's strategic interest…
Nexans, a worldwide expert in the cable industry, has made a breakthrough in the Malaysia offshore sector with the award of a major contract by Persada Engineering to supply an electro/hydraulic subsea umbilical for Sarawak Shell Berhad’s F29 field development…
Statoil and partner Petoro have proven considerable additional resources in the Shetland Group/Lista Formation in the Gullfaks licence. The Shetland Group and the Lista Formation are younger and slightly shallower deposits with different…
Rosneft and Marubeni Corp. signed Memorandum of Cooperation in LNG project implementation and joint exploration and development of oil and gas fields on April 17, 2013 The document was signed by Igor Sechin, Rosneft President and Chairman of the Management Board…
Wärtsilä will supply a comprehensive, fully integrated power, propulsion and positioning system for a DP3 Dynamically Positioned offshore accommodation rig being built in China, the company announced on 17 April 2013. Wartsila power…