Samsung Engineering has appointed Michel Lainé as chief operating officer of its newly established offshore segment. Lainé comes to Samsung from Saipem (France) where he served as chairman and CEO. His appointment underpins Samsung Engineering’s bid to move into the offshore market.
Saipem has won new onshore drilling contracts worth approximately $500 million, the company announced on 23 November 2012.Saipem will utilize 13 rigs, three of which will be new purpose-built units, for work in Saudi Arabia, South America and Kazakhstan…
The need to help small companies in a French offshore industry that has always punched above its weight was a key factor behind the recent amalgamation of the country’s leading oil & gas trade bodies. Meg Chesshyre reviews this and other talking points at the latest Subsea Europe gathering in Paris…
Aimee Marsh is the new Energy Industries Council executive director, North and Central America, based at the EIC Houston office. She previously worked for Canyon Offshore and Saipem America.
A flurry of early contracts marked August's official sanction of the £1.4 billion development of Cygnus, the largest southern North Sea gas discovery in the last 25 years. Meg Chesshyre reports.GDF Suez, which will operate Cygnus on behalf of partners Centrica and Bayerngas…
Former Saipem COO Yves Inbona joined Petrofac on 10 June as MD of its Offshore Capital Projects (OCP) business, a newly created unit within the group’s Engineering, Construction, Operations & Maintenance (ECOM) division.
Italian scaffolding and formwork manufacturer Pilosio sees its E5 million contract with lead contractor Saipem Canada for Alberta’s Sunrise oil sands project as the key to its future expansion into the oil & gas market, both onshore and offshore…
One portion of the Golden Triangle – the Gulf of Mexico – has slipped a notch in its dominance of the global deepwater play while activities in the other two corners – West Africa and Brazil – amped up. In addition, a new region has joined the report this year…
Operator Statoil and contractor Aker Solutions jointly hosted an open house in Stavanger recently to review progress on Gudrun – currently the biggest project in Statoil and now ramping up for the construction phase – and share learnings on this and other areas of Norwegian offshore activity…
Saipem's new pipelay giant Castorone, currently under construction at Keppel shipyard in Singapore, will replace the veteran Castoro Sei as the contractor's flagship vessel for laying large diameter pipelines and serving the growing deep- and ultra-deepwater markets…
The mix of orders for all categories of drillings rigs continues, with Asia Pacific and Middle East shipyards and their overseas affiliates indicating a marked drift away from jackups and towards ever larger semisubmersibles and ultra-deepwater drillships…
Offshore rig and vessel repair continues to produce attractive returns for yards that are well placed strategically and geographically. OE checks out the latest developments at two players – one in Bahrain, the other in Gibraltar – still relatively…
North Sea independent Ithaca Energy will use Petrofac's FPF-1 semi – the former AH-001 deployed by Hess on Ivanhoe/Rob Roy – as a production hub to develop the Greater Stella Area (GSA ) fields, Stella, Harrier, Hurricane and Helios. Jennifer Pallanich reports…
Gas is due to start flowing through Nord Stream this month following completion of preparatory works on the first of the twin 1224km-long gas pipelines running through the Baltic Sea between Russia and Germany. Formal inauguration of line one…
The offshore helideck market continues to be a strong focus of Nieuw-Lekkerland headquartered aluminium specialist Bayards, which continues to optimise its product range and extend the global spread its offshore sector sales.The company is currently…
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