WorleyParsons agreed to acquire 100% of the shares of Bergen Group Rosenberg AS for a cash consideration of NOK 1 billion (including more than NOK 200 million of acquired cash). Norwegian-listed Rosenberg is a wholly-owned subsidiary of Bergen Group ASA…
EMAS Group, part of Ezra Holdings Ltd., won Shipowner of the Year at the 7th Annual Offshore Support Journal Conference and Awards ceremony in London on 19 February 2013.EMAS founder Lee Kian Soo (Image: Ezra Holdings Ltd.)In addition to Shipowner of the Year…
Ole Sanne and Jim Dåtland appointed CCO, CFOFrom the left: Ole Sanne, Håvard Strand, Kristian Korsbø, Steinar Riise, Odd-Arne Kleveland (Image: Ocean Installer)Ocean Installer announced it will appoint current CFO Ole Sanne to the newly established role Chief Commercial Officer…
CB&I announced that it has been awarded a project valued in excess of US$180 million by Hyundai Heavy Industries Co., Ltd. (HHI). CB&ICB&I's scope of work, which will commence in the first quarter, includes detailed engineering design…
Topsides deal worth approximately NOK 6.1 billionDagny field illustration, with the Sleipner field in the background. (Image: Statoil)Statoil and its Dagny partners Total and Det norske chose Daewoo Shipbuilding & Marine Engineering to design and build topsides for North Sea platform…
Malta Offshore Area 4 (Image: Mediterranean Oil & Gas plc)Mediterranean Oil & Gas Plc. (LON:MOG) is continuing its preparations for the arrival of the Hagar Qim 1 well off Malta in the final quarter of the year.The latest development is…
Italian major, Eni S.p.A., announced results for fourth-quarter and full-year 2012 on Friday, 15 Feb 2013. Operational highlights include: Record amount of discovered resources in the year: 3.64 bboe; Proved reserves at eight-year record: 7…
Oceaneering International, Inc. reported record fourth-quarter and annual earnings for the periods ended December 31, 2012.For the 4Q 2012, Oceaneering earned net income of $80.6 million, or $0.74 per share, on revenue of $780.9 million. During the corresponding period in 2011…
On 7 December 2012, the Government of Malta awarded three offshore blocks totaling 6,400sq km to Capricorn Malta, a subsidiary of Edinburgh-based Cairn Energy. Cairn CEO Simon Thomson, who succeeded Sir Bill Gammell as chief executive in July 2011…
Reidar Hustoft named Norway managing directorReidar Hustoft named managing director of Dana's Norwegian activities (Image: Dana Petroleum)Aberdeen-based Dana Petroleum appointed a new managing director for its Norwegian activities. Reidar…
Archer to provide P&A services for Statoil Image: ArcherArcher Ltd., a global oilfield service provider headquartered in Bermuda, has secured a contract with Statoil for the permanent plugging and abandonment of 12 gas wells on the…
Subsea Technologies wins new enterprise award(Image: Subsea Technologies Ltd.)Well intervention specialist Subsea Technologies Ltd. (STL) was named the winner of the ‘New Enterprise’ category at the prestigious Subsea 2013 Industry Awards…
The North Sea-bound jacket weighs 16,000 tonsDagny Jacket (Image: Heerema Fabrication Group)Heerema Vlissingen to set another record breaking fabrication project of the largest launch jacket ever built at HFG Heerema Fabrication…
Total to begin seismic acquisition off CyprusCyprus map (Image: Total)Total entered two production sharing contracts with the Republic of Cyprus for Blocks 10 and 11, the company announced on 6 February 2013. The awards are a part of the country's second offshore exploration licensing round…
Ocean energy is not just in the water. There’s offshore wind, which tends to be steadier than onshore wind. But turbines are harder to build and maintain in a marine environment than they are on land. The Bureau of Ocean Energy Management (BOEM)…
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