Norske Shell has awarded IKM Subsea a long term IMR and ROV service contract. The contract value including options about US$19.1 million (150 million NOK) and duration term is firm for five years, plus five yearly options. “We are…
Italian operator Eni has backed a move to replace Saipem CEO Emberto Vergine with former Saipem and Eni executive Stefano Cao. Cao was worked at Saipem, which is 42.924% owned by Eni, from 1976 to 2000, during which time he held senior roles including CEO…
Ask about subsea well intervention and most assume it’s riserless light well intervention you want to talk about – for good reason. Elaine Maslin reports. Subsea light well intervention visualized by FMC Technologies…
Danish headquartered oil and gas explorer Maersk Oil has started production from Tyra Southeast-B in the Danish sector of the North Sea. The new 4700-tonne platform, 220km off Denmark’s west coast, will produce a mixture of oil and gas…
Rotterdam was home to three giants of the sea in early March – offshore industry flagships, not least Allseas’ newly renamed Pioneering Spirit. Elaine Maslin took a tour. Pioneering Spirit’s lifting beams loom from its bows…
Brazil has big plans as it sets its sight on increasing oil exports – but it will need investment in technology as it moves into ever deeper waters. Elaine Maslin reports from Subsea Expo. Various vessels await deployment in Guanabara Bay near Niterói…
George L. Kirkland, vice chairman and executive VP of Chevron Upstream, will retire from the company effective 15 June 2015. He will be succeeded by James W. Johnson as executive vice president of Chevron Upstream on 16 June 2015. 'George's…
Maclay Murray & Spens (MMS), the UK wide commercial law firm, has appointed Jill Reid, the former general counsel and company secretary of Dana Petroleum, as a partner to lead its oil and gas team in Aberdeen. Reid has worked her entire career in the oil and gas industry…
Statoil started the first stage of the Polarled installation project with the Solitaire pipelaying vessel connecting the pipeline in the Norwegian Sea to Nyhamma. Solitaire. From Allseas. The…
Shell took delivery of an offshore supply vessel for its deepwater operations in the Gulf of Mexico (GoM), from Harvey Gulf International Marine. The Harvey Energy is 302 ft. and operates on three dual-fuel Wärtsilä engines. It will…
The oil and gas industry can deal with low oil prices, up to a point, by making itself more efficient. In contrast, there is little it can do about geopolitics and one of the places that is most evident is the Mediterranean. The region has long been home to oil and gas production…
What a difference two years make. Unrest in North Africa, the emergence of US shale and tensions with Russia have all put energy high on the agenda. OE spoke to Offshore Mediterranean Conference (OMC) 2015 chairman Innocenzo Titone about…
Subsea 7 has been awarded a two-year extension to two Underwater Services Contracts (USCs) by Shell Upstream International Europe, worth approximately US$240 million. Under these life of field contract extensions for diving support vessel…
According to the United States Geological Survey, the area above the Arctic Circle holds approximately 90 billion barrels of undiscovered, technically recoverable oil and an estimated 1,670 trillion cubic feet (Tcf) of technically recoverable natural gas…
A total of 42 offshore companies showed up to the Central Gulf of Mexico (GoM) Lease Sale 235 that drew in more than US$538 million in high bids for exploration and development in the area. Gulf of Mexico map…
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