Wison Offshore & Marine Ltd. (WOM) successfully completed the installation of the three LNG storage tanks into the hull of the Caribbean FLNG project. The project’s barge deck and topsides will now be installed. The Caribbean FLNG project…
Ocean Power Technologies, Inc. has received a US$2.6 million contract from Mitsui Engineering & Shipbuilding Co., Ltd. The contract is to provide the final design and supply of key components of a PowerBuoy system intended for deployment…
As part of President Obama’s all-of-the-above energy strategy to continue to expand safe and responsible domestic energy production, the US Bureau of Ocean Energy Management (BOEM) today announced that it will hold Gulf of Mexico Central…
W&T Offshore Inc. is set to acquire a portion of Callon Petroleum Operating Co.'s Gulf of Mexico acreage, the company announced on October 18, 2013. W&T will take a 15% working interest in the Medusa field (deepwater Mississippi Canyon blocks 538 and 582)…
Abu Dhabi-based subsea engineering and diving services firm DCN Global has been bought by Fugro Subsea Middle East. The company, which will be renamed Fugro Subsea Services (Middle East), has primarily operated in the Middle East, Caspian…
Geoprediction firm Ikon Science has acquired the software, services and intellectual property of Bergen headquartered Terra Geotech AS. Eamonn Doyle, the founder of Terra Geotech, has joined Ikon Science as VP real-time operations, bringing…
Paris-based Total today announced that it has made the final investment decision to develop the Vega Pleyade field offshore Tierra del Fuego, Argentina. Total, as operator with 37.5% working interest, will develop both natural gas and condensate…
Houston-based Annova LNG, LLC, has filed an application with the US Department of Energy (DOE) to receive authorization to export domestic LNG to free trade agreement (FTA) countries. While the Office of the United States Trade Representative…
Production has begun on RWE Dea UK's Breagh gas field in the UK Southern North Sea, the German operator announced on October 14 2013. The first three wells brought into production had an initial total flow rate of 2.75 MMcm/d of natural gas…
Industry body Subsea UK is rebranding its flagship event for its tenth anniversary. The major exhibition and conference will now be known around the world as Subsea Expo and will stretch to three days as opposed to two in previous years. Subsea…
A new company, DNV GL Group, has been formed following the merger of DNV and GL Noble Denton. DNV GL Group is now a major ship and offshore classification society, providing technical assurance and risk management services to the oil and gas industry and expertise in wind…
Life-saving equipment firm Viking has bought a major stake in IT startup Saatsea. The firm, which will be renamed Viking Saatsea, provides cloud-based onboard training and competence management systems to industry. It was set up…
Kazakhstan's Kashagan oilfield has resumed production after its latest delay, a shutdown on September 25 following the detection of a gas leak. Discovered in 2000, it has taken 13 years and approximately $50 billion before production started on September 11…
UK-based engineering firm Wood Group is to form a joint venture with Germany’s Siemens to provide integrated rotating equipment services. The JV will comprise the maintenance and power solutions businesses of Wood Group GTS (excluding its Rolls Wood Group…
Colloquy: Editor's Column Many stakeholder programs benefit from oil industry funding and local community approval gives oil companies a social license to operate. Just before the Offshore Europe conference in Aberdeen, I discovered the…
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