Total has finalized an agreement to sell its 20% contractor interest in OML 138 block to a wholly owned subsidiary of China Petrochemical Corporation (Sinopec), for approximately US$2.5 billion in cash, the company announced on 19 November 2012…
Girassol FPSOTechnip has won an EPIC contract for the second phase of Total E&P Angola's Girassol Resoucres Iniatives (GirRI) project, the company announced on 13 November 2012.Technip will provide project management, engineering, fabrication…
Aker Solutions has established a subsea lifecycle service base in Labuan, Malaysia, to support installed and future Asia Pacific shallow and deepwater projects, starting with Murphy Sabah Oil's current Kikeh and upcoming Kikeh phase two…
The concrete gravity-base structure for Russia's Arkutun-Dagi field, part of the Exxon Neftegas-operated Sakhalin-1 development, was installed offshore northeast Sakhalin last month. Water depths in the area are around 35m. Construction of the…
Choo Chiau Beng and Loh Chin Hua, respectively CEO and CFO of Keppel Corporation, have been appointed to the board of KrisEnergy as non-executive directors. The appointments follow Keppel’s purchase of a further $115 million worth of…
Roderick Larson has joined Oceaneering International as SVP and COO. With Baker Hughes for over 20 years, he served as BHI’s VP operations, Gulf of Mexico, before taking over as its Latin America region president in January 2011. Another Oceaneering newcomer is Mark Peterson…
Cynda Maxon (pictured) and Skip Newton have joined InterAct PMTI as senior project director and senior scientist, respectively, broadening the company’s environmental capabilities and services. Maxon has more than 20 years’ global experience as an environmental chemist…
The new purpose-built Jiskoot technology centre was officially opened in Tunbridge Wells, UK, last month by Jim Wright, SVP of parent company Cameron and president of its Valves & Measurement Group. Cameron invested in the state-of-the-art 20…
The Dutch know a thing or two about lifting, transporting and installing offshore structures having for many years been in the vanguard of such activities around the world. Meg Chesshyre catches up with two leading exponents of the heavy lift art…
Aker Solutions is strengthening its presence in northern Norway with the acquisition of Sandnessjøen Engineering, which has for 20 years supplied engineering and project management services to the oil & gas and construction industries in the Sandnessjøen area…
Statoil’s two UKCS heavy oil developments – Mariner in block 9/11a and Bressay in blocks 3/27b, 3/28a, 3/28b, 9/2a and 3/a – are back on track having been halted by the operator in March following the UK Chancellor’s decision to increase the…
A decade after acquiring Kvaerner, Aker Solutions is preparing a demerger that will spin the company off as a separate, fully fledged EPC contractor – with concrete gravity base structures (GBS) very much on its agenda.Legacy company Norwegian…
The world's largest cargo barge – Heerema's H-851 – announced its arrival on the offshore scene in 1988 when installing the 44,785t jacket for Shell's Bullwinkle platform in a then daunting 412m of water in the Gulf of Mexico. Now, following…
Field development prospects on the UK Continental Shelf are gathering momentum again, with Nexen (Golden Eagle, Blackbird), Chrysaor (Solan) and BG (Blake increased production) firming up North Sea project and environmental impact details in recent weeks…
Post-Macondo efforts to improve well containment capabilities on both sides of the Atlantic moved into higher gear last month.In the US it was confirmed that Technip will handle front- end engineering and design of a proposed subsea well containment…
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