Airborne Oil & Gas (AOG) raised US$26 million (€23 million) in a series C investment round from both new and existing shareholders. (SAEV) joins the shareholder base with an investment of $11 million (€10 million). SAEV is the corporate venturing arm of Saudi Arabian Oil Co…
Lamprell has received a new contract from Jacktel, a wholly owned subsidiary of Master Marine, for the upgrade of the mobile operating unit Haven as an accommodation service vessel for the Statoil Johan Sverdrup field, offshore Norway. The scope of works includes procurement…
MacGregor won comprehensive equipment package contracts for a variety of seven specialist support vessels that will operate in the Middle East region. MacGregor will deliver deck cranes and a range of deck machinery to each vessel. The order is booked into Q3 2016 order intake…
Oil and gas giants are calling for greater industry collaboration and an increased focus on operational efficiency, as global energy leaders prepare to gather in the UAE capital for the upcoming Abu Dhabi International Petroleum Exhibition and Conference (ADIPEC 2016) in November…
Marine and offshore engineering consultancy Aqualis Offshore has appointed Ben Lazenby as director of the company’s Middle East operation, succeeding Reuben Segal, who will now concentrate fully on his role as chief operating officer of Aqualis Offshore…
UAE-based Lamprell has delivered the delayed Ensco 140 newbuild jackup to Ensco, after signing an agreement with Ensco to settle all claims arising from the late delivery. Image from Lamprell. The…
Cathelco Middle East FZC based in Sharjah won an order to supply a marine growth prevention system (MGPS) for the latest in a series of jackup drilling rigs to be built by UAE-based Lamprell, a provider of fabrication, engineering and contracting services…
Israel’s Ministry of Infrastructures, Energy and Water Resources (MIEWR) will hold the country’s first offshore energy licensing round in November, offering two dozen blocks in the Eastern Mediterranean Sea, according to IHS Energy. The Tamar platform…
Abu Dhabi-based Gulf Marine Services has won a new contract award for one of its mid-size class vessels. The contract, scheduled to start immediately, is for 12 months including options, with the vessel supporting a Middle East/North Africa (MENA)-based national oil company…
UAE-based engineering and fabrication firm Lamprell has recruited Petrofac exec Christopher McDonald to become its CEO as of 1 October 2016. McDonald will succeed Jim Moffat, who is retiring from the company. McDonald has held the…
Unmanned facilities are being given serious consideration offshore Norway. Elaine Maslin reports. Percentage of unmanned platforms per North Sea sector. Unmanned distribution. Image from Ramboll…
Rig operator Seadrill has received three-year contract extensions from Saudi Aramco for the jackups AOD I and AOD II expiring in June 2019 and July 2019, respectively. The extensions are in direct continuation of the current contracts…
McDermott International and Nakilat-Keppel Offshore Marine (N-KOM) have signed a memorandum of understanding for an exclusive cooperation agreement to pursue offshore engineering, procurement, construction and installation (EPCI) projects within Qatari waters…
UAE-based rig builder and engineering firm Lamprell says delivery of a jackup drilling rig, which had been scheduled for delivery in Q2 2016, has been delayed due to an issue with equipment supplied by an original equipment manufacturer. According to a November 2015 presentation by Lamprell…
Mermaid Subsea Services (Thailand) (MSST) has been awarded a contract to provide technical support service personnel to a national offshore oil and gas engineering, procurement, installation and commissioning company with large-scale projects internationally…
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