%22East Hub%22 News

Colloquy: Sylvia Earle receives Hubbard Medal

Jul 24, 2013

Colloquy: Editor’s Column American oceanographer Dr. Sylvia A. Earle recently received the Hubbard Medal, the National Geographic Society’s highest honor, recognizing “leadership in exploration, science, environmental stewardship and education…

BG finds Tanzania gas

Jul 25, 2013

BG Group has made a natural gas discovery in the Ngisi-1 well in Block 4 off Tanzania. The well, drilled by the Deepsea Metro 1 drillship, appraised the Chewa gas field resulting in an upgrade in estimated recoverable resources in the block…

Floating production: US$11 billion on order

Aug 01, 2013

The floating production sector has been especially active over the past several months. Ten production floaters have been ordered since March, reports International Maritime Associates Inc. (IMA). Contracts include a  $3 billion FPSO for Nigeria (a record price for an FPSO)…

Harkand launches ROV support vessel

Aug 01, 2013

Harkand launched the Harkand Harmony, its newest ROV support vessel, designed to service Asia Pacific’s oil and gas industry. Around 100 invited guests from across the global energy sector attended the christening ceremony at Keppel Marina in Singapore…

ALS to acquire Reservoir Group

Jul 16, 2013

ALS entered into an agreement to acquire Reservoir Group for US $533 million. Reservoir is a provider of oil and gas services and equipment that assists with the evaluation, development and optimization of oil and gas discoveries.  Reservoir operates five segments: Coring…

Seadrill orders four more UDW drillships

Jul 15, 2013

Seadrill Ltd has entered into turnkey contracts to build four new ultra-deepwater drillships. Two drillships will be built at the DSME yard and the other two at the Samsung yard, in South Korea. The project value price is estimated to be…

GE Oil & Gas launches London headquarters

Jul 17, 2013

GE Oil and Gas will establish its new global headquarters in London. Florence will remain the global headquarters for GE Oil & Gas Turbomachinery Products & Services, a more than US $6 billion business and a key manufacturing and engineering…

BP wins stake in Brazil

Jul 15, 2013

BP completed a deal with Petróleo Brasileiro S.A. (Petrobras) to farm-in to five deepwater exploration and production concessions operated by Petrobras in the Potiguar Basin located in the Brazilian Equatorial Margin. Subject to regulatory approvals…

IMarEST Appoints 111th President

Jul 15, 2013

Andreas Chrysostomou has been appointed the 111th President of the Institute of Marine Engineering, Science and Technology (IMarEST) at its annual general meeting on 21 March 2013. Richard Vie has been appointed President Elect…

ABB wins $27 million offshore automation contract

Jul 11, 2013

ABB has won an order from Statoil for the upgrade of safety and automation systems at the important Heimdal platform in the North Sea, off Norway. The agreement with Statoil was signed in the second quarter of 2013. ABB’s scope comprises…

FPS delivered to Gumusut-Kakap field off Malaysia

Jul 08, 2013

A semisubmersible floating production system for Malaysia’s Gumusut-Kakap deepwater field was delivered to be installed at the project development site offshore Sabah. The Gumusut-Kakap field is Malaysia’s second deepwater development after the Kikeh oil field…

NOF Energy marks its 25th year

Jul 09, 2013

NOF Energy, the business support organisation for oil, gas, nuclear and offshore renewables, has celebrated its 25th anniversary with a special Silver Jubilee Celebration Dinner at the Gateshead Hilton. The dinner celebrated the growth of the business development organisation…

BG adds to Tanzanian gas finds

Jul 03, 2013

BG Group has made a gas discovery in the Ngisi-1 well in Block 4 offshore Tanzania. The Ngisi-1 well, drilled by the Deepsea Metro 1 drillship, was also used to appraise the Chewa gas field, resulting in an upgrade in estimated recoverable resources in the block…

Women could help plug skills gap

Jul 09, 2013

Shortage of skills is the biggest challenge facing the energy industry and a UK conference heard that recruiting more women could help resolve the problem. The need to develop more expertise to cope with growing demand for engineers in…

Viking Offshore opens R&D center

Jun 17, 2013

Viking Offshore & Marine Ltd. will invest up to S$15 million to set up a dedicated innovation hub in Singapore.The center will be an enterprise hub for companies, and will combine research and development, collaboration, innovation, technology test-bedding…

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