Wood Group Mustang’s Pipeline Business Unit has received ISO 9001 certification for its quality management system. Certification was awarded following a rigorous audit by ABS Quality Evaluations, the certification auditing agency. About 1200…
Maersk Oil UK has awarded Denmark's Ramboll Oil & Gas the detailed design for the Culzean wellhead jacket. The project will be Ramboll’s first major involvement in the Culzean field, and it also marks the largest substructure design by Ramboll for the North Sea…
Statoil will pay COSL Offshore Management (COM) a one-time settlement of US$65 million under an agreement reached today that ends disputes related to the stand-by fees of two semisubmersible platforms. The stand-by fees stemmed from the installation of third-party equipment…
First steel cut on two supply vessels for Russia's Lukoil has started at Keppel Nantong Shipyard Co.'s yard in Nantong on 18 June. The two Russian Maritime Register of Shipping (RS) class vessels have been designed to supply resources…
The Mineral Licence and Safety Authority of the Government of Greenland (MLSA) has contracted ASL Environmental Sciences to build and maintain a web-based marine geoportal from which sea ice, iceberg, metocean, and seafloor data from the…
UK-based operator EnQuest has agreed to acquire ExxonMobil Exploration and Production Malaysia’s interest in the Seligi oil field and the PM8 PSC, offshore Malaysia, subject to approval by Petronas and conditions. The acquisition will…
Royal Dutch Shell is selling a major portion of its stake in Australia's Woodside Petroleum Ltd., raising AU$5.7billion. Shell is selling 9.5% back to Woodside, and another 9.5% to institutional investors, at a small discount to the closing share price on 16 June 2014…
When a feature published in 2008 speculated that “offshore platforms could soon be run by robots alone, with human beings staying on land,” a commenter in an online discussion group at gCaptain.com dismissed the idea: “I think our ET’s and mechanics will have a job for quite some time…
North Caspian Operating Co. BV (NCOC), the seven-company consortium behind Kashagan development, confirmed 12 June that production is not expected to resume in 2014. It appears that “both oil and gas lines might have to be fully replaced…
Mitra Energy Ltd. entered into a farm-out agreement with AziPac for the partial assignment of Mitra's participating interest in the Bone PSC offshore Indonesia, the company announced on 9 June 2014. Under the terms of the agreement, Mitra…
The North Caspian Operating Co. BV (NCOC) appointed ExxonMobil secondee Stephane de Mahieu as managing director effective 1 May. De Mahieu succeeds Pierre Offant, who was appointed managing director of NCOC in 2008, after the Republic…
Denmark's Ramboll has acquired Apply Altra in Aberdeen from Norway's Apply Group, and renamed it Ramboll Oil & Gas. Under the Ramboll name, the former Apply Altra will continue to deliver facilities engineering capability to the oil…
With June 1 marking the beginning of the 2014 Atlantic hurricane season, preparation efforts in the US Gulf of Mexico are a necessity for operators such as BP. BP, which operates four developments (Atlantis, Thunder Horse, Mad Dog, and Na Kika) located approximately 140-190mi…
Deep Sea Supply has agreed a deal to buy 10 platform support vessels (PSVs) for US$366 million. The move will increase the firm's fleet from 30 to 40 vessels. Deep Sea Supply says the 10 PSVs will achieve attractive cash break even rates…
Singapore-based marine and offshore engineering firm Sembcorp Marine has agreed entered to buy a 12% stake in Norwegian firm GraviFloat for US$4 million, with a right to increase its stake up to 20%. GraviFloat was formed to design, deliver and operate re-deployable…
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