Statoil announced plans to divest its interest in the ENI-operated block 15/06 offshore Angola for US$200 million. The transaction, which will be effective 1 January 2013, means concessionaire Sonangol EP will pick up Statoil's 5% participating interest…
UK-based independent EnQuest says it has made a discovery in the North Sea and agreed a field development project with Malaysia’s Petronas. Drilling on the North Sea Avalon prospect confirmed a discovery. EnQuest said preliminary analysis…
The National Oceanic and Atmospheric Administration (NOAA), part of the US Department of Commerce, announced yesterday the start of the 2014 hydrographic survey season. New data collected will increase coastal environmental intelligence around the country…
Trelleborg announced it will open a new purpose-built facility in Berryville, Virginia, for its marine systems operation. As part of ongoing investment in its US operations, Trelleborg Marine Systems will relocate all of its existing employees from its current site in Clear Brook…
Siemens is investing more than US$262 million in new offshore production facilities in Great Britain. Production of rotor blades for offshore wind turbines of the 6Mw class is planned, with a new logistics and service center slated for Hull…
In early April, Rosneft and ExxonMobil began aerial gravity-magnetic surveys over offshore blocks in the Yuzhno-Chukotsky licence area in the eastern Russian Arctic to establish the subsurface structure of the field. As part of a framework agreement…
RWE Innogy UK announced that it has successfully completed the installation of all 160 foundations at the world’s second largest wind farm, Gwynt y Môr, off of North Wales. Gwynt y Môr is a greater than US$3.36 billion offshore wind farm on schedule to become fully constructed this year…
UK-based Africa and Celtic Sea-focused explorer Fastnet Oil & Gas has farmed out a 9.375% interest in the Foum Assaka license, offshore Morocco, to SK Innovation, the energy and chemicals affiliate of SK Group, South Korea's third largest conglomerate…
A multidisciplinary consortium of six private and public organisations from five European countries, led by the French wind power firm ASAH LM, will develop a floating wind turbine concept (SPINFLOAT) based on GustoMSC’s Tri-Floater. Other members include: SSP Technology…
OVERDICK announced that the BorWin beta topsides has been successfully installed in the German sector of the North Sea, about 53nm NNW of the island of Borkum. The step marks the completion of the most critical phase in the offshore campaign…
Dubai-based rig and platform builder Lamprell has set an official Guinness World Record for the heaviest load moved by self-propelled modular trailers (SPMTs) as part of the Golden Eagle platform project (pictured). Lamprell’s contract was for a production…
Octanex N.L. announced that OMV New Zealand Ltd. has completed the planned 2D seismic survey, named Mohua, in the Taranaki basin off New Zealand. OMV has confirmed the survey vessel, Aquila Explorer, commenced acquisition of the Mohua survey on 19 April…
A large-bore center tube umbilical cross section. Photo by: DUCO. The growing deepwater market is driving pipeline and umbilical manufacturing expansion on Newcastle's Walker Riverside in the UK…
Keppel FELS Limited (Keppel FELS), a wholly owned subsidiary of Keppel Offshore & Marine (Keppel O&M) has signed an engineering services agreement with Workfox, a subsidiary of Seafox Group, to do an engineering study for a purpose-built…
Siem Offshore Contractors, a wholly-owned subsidiary of Siem Offshore, has been awarded the contract for the turnkey supply and installation package of the inner array grid cable system for the Nordsee One Offshore Wind Farm (OWF), a project developed by RWE Innogy…