The innovative KO-LINK towing ring, developed by international maritime service provider KOTUG International BV, is now available exclusively from maritime ropes supplier, Lankhorst Ropes, under a worldwide marketing agreement. The KO-LINK…
German company RWE Dea has been awarded two offshore blocks in the Gulf of Suez in Egypt’s international bid round. The new RWE Dea licences in the Gulf of Suez Map from Dea RWE will become…
Less than a week before Scotland goes to the polls over independence, the heads of BP and Shell have made their opinions clear amid counter claims over North Sea oil. Bob Dudley and Ben van Beurden, the CEOs of BP and Shell respectively…
CNOOC Ltd. began drilling at the WZ12-10-1 exploration well in the Beibu Gulf Block 22/12, offshore China. Map from Horizon Oil The well is located 4.7km east-northeast from Roc’s existing…
Australian supply chain logistics group Brambles is to acquire Aberdeenshire-based Ferguson Group for an enterprise value of £320 million (US$545 million) expanding its container business. Ferguson Group provides container solutions to the offshore oil and gas sector…
Tenaris is now the sole owner of Socotherm Brasil, having bought out Socotherm America's 50% share. The Socotherm Brasil coating facility, located beside the Confab welded pipes mill in Pindamonhangaba, São Paulo, was previously managed in partnership by Tenaris and ShawCor…
Baker Hughes Inc. completed the acquisition of Weatherford’s pipeline and specialty services business for US$250 million. The total consideration includes $241 million in cash and $9 million in retained working capital. The purchase…
Stein Rasmussen, SBM Offshore’s new managing director of the Houston execution center, says he had a natural affinity with water since he was a child growing up in Norway. It’s fitting since he has spent his entire career working with floaters at companies such as Technip…
Heat transfer, centrifugal separation and fluid handling firm Alfa Laval has won an order to supply Framo pumping systems to Samsung Heavy Industries in South Korea for use on Total's Egina FPSO. The order, worth about SEK 240 million…
SNC-Lavalin Group Inc. announced it completed its acquisition of Jersey-based oil and gas services company Kentz Corp. Ltd. The acquisition of Kentz supports SNC-Lavalin’s ongoing transformation into a global Tier-1 engineering and construction (E&C) company…
CNOOC Ltd. began production at its Wenchang 13-6 oilfield, offshore the Western South China Sea. The Wenchang 13-6 oilfield, located in the west of Pearl River Mouth basin has an average water depth of approximately 120m. The main…
Tracerco has started a new phase of development for its Dicovery technology, aimed at targeting new applications for the technology. Discovery was developed for the subsea pipeline industry to take a 360 degree tomographic scans of…
Statoil has put its money where its mouth is and awarded engineering firm Kvaerner a concept study related to a standardized, unmanned dry tree wellhead platform for the Oseberg Future Development project. Having an unmanned dry tree…
Mex Gas Supply (MGS), a subsidiary of Mexico's Petroleos Mexicanos (Pemex) has a formed an alliance with Switzerland’s Mercuria, financed by JPMorgan.to import US-sourced natural gas. On 8 August, Geneva-based Mercuria Energy Trading…
Houston based drilling and floating production firm Northern Offshore is still considering options for its sole floating production platform (FPF), including divestment, as operator EnQuest eyes additional tie-ins to the unit. The semisubmersible…
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