Subsea 7 is to build and operate three flexible pipe-lay support vessels (PLSV) for Petrobras under three five-year contracts worth about US$1.6 billion. The contracts include project management, engineering and installation of flowlines…
Wood Group acquired Pyeroy Group Limited (Pyeroy), a provider of specialist coatings, access and fabric maintenance services to the oil & gas, marine and rail industries. Headquartered in Gateshead, UK, Pyeroy was founded in 1973 and employs approximately 1…
Aker Solutions won a contract from Daewoo Shipbuilding and Marine Engineering (DSME) to deliver a drilling equipment package for the production platform at the Mariner oilfield in the UK North Sea. The parties agreed not to disclose the value of the order…
North Sea independent Antrim Resources has agreed a deal which could see the use of new buoy technology to develop its Fyne field. Fellow independent Enegi, along with its joint venture partner ABTechnology, is to work up a new field development plan (FDP) for Fyne…
GE Oil & Gas has completed its acquisition of artificial lift technologies and industrial gears firm Lufkin Industries in a deal valued at US$3.3billion. Lufkin, with approximately 4,500 employees in more than 40 countries, manufactures…
Engineering services firm Plexus Holdings has picked up its first order with Italy's ENI for work offshore Australia. The contract, worth about £280,000, is with ENI's Australian subsidiary and is for the supply of 10,000psi POS-GRIP…
N-Sea is to carry out subsea support for Cecon in the Dutch sector of the North Sea later this year. Under a contract for Cecon, N-Sea will perform survey and ROV-based construction support services as part of work to install four gas pipelines…
Aker Solutions has won a contract worth up to US440 million to deliver the subsea production system for an oil field development in the UK North Sea. The delivery includes 25 subsea trees and six template manifolds as well as associated controls…
Work to start-up production on the Caspian Sea Kashagan development has begun, the North Caspian Operating Company (NCOC) has said. The first phase of the development will see oil and gas produced from eight wells on an artificial island complex in the north Caspian Sea…
Jessica Alm, head of communications at Sandvik Coromant, has been appointed Executive Vice President and Head of Group Communications as well as member of the Group Executive Management of Sandvik AB. She will take up her new position as of 1 July 2013…
ABB has been awarded a US$20 million contract to provide power and automation technologies to a floating production, storage and offloading vessel (FPSO). The unit is being built to Sevan Marine's cylindrical design at Chinese shipyard COSCO Nantong for Dana Petroleum…
Australian oil and gas major Woodside Petroleum is to acquire its first offshore exploration acreage in north west Europe. The firm, Australia's largest operator, has agreed to farm-in to three license options in the Atlantic Porcupine Basin…
We have all grown up with the concept of land use planning or town planning to allocate areas of land for certain uses or activities such as business, industry, agriculture, residential, or nature conservation. The same concepts can be applied to marine areas…
Wood Group PSN (WGPSN) has extended one of its longest running projects in the North Sea under a US$60 million (£40 million) one year contract extension with ConocoPhillips (UK). WGPSN will continue to provide operations and maintenance services…
A project to design and build a new Category B semisubmersible rig capable of year-round well-intervention work offshore Norway has been cancelled. Aker Solutions and Statoil have said the technology development needed to build the rig…
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