Engineering house Wood Group has made a US$2.72 billion (£2.22 billion) offer for rival Amec Foster Wheeler in a move that could spark further consolidation in the market. The takeover bid comes just three years after Amec's 2014, $3…
Amec Foster Wheeler was awarded a major contract by Brunei Shell Petroleum (BSP) for the rejuvenation of assets in Brunei. The work includes concept, front-end engineering design (FEED), detailed design, construction, completions and commissioning…
DOF Subsea has been awarded a contract in the Atlantic region for the mooring installation of a floating production and storage offloading (FPSO) unit on the UKCS (North Sea). DOF Subsea will deploy the Skandi Skansen along with a…
Industry doyen Sir Ian Wood has kicked-off a new campaign ahead of SPE Offshore Europe 2017 to encourage previous and future visitors, exhibitors and speakers to share their experiences of the event and what they are looking forward to seeing at September’s conference and exhibition…
Statoil made a 1-5 Bcm gas discovery at the Mim prospect in the Norwegian Sea, according to the Norwegian Petroleum Directorate (NPD). Map from the NPD. The finds were made at wildcat well 6507/3-12 and appraisal well 6507/3-12 A…
Ophir Energy has lined up projects for the year, and is ready to spud a well offshore Cote d’Ivoire, in addition to reaching a final investment decision (FID) for the Fortuna FLNG Project, offshore Equatorial Guinea. Image from Ophir…
Premier Oil has revealed plans to drill offshore Mexico; the next phase of growth at Tolmount off the UK; and for the sanctioning of its BIGP project offshore Indonesia. Map of Block 2, Block 7 offshore Mexico…
The Petroleum Safety Authority Norway (PSA) has launched an investigation into a lifting incident involving pipehandling on the Gullfaks B facility in the North Sea on 7 March 2017. Part of the Eagle Arm crane on this platform came loose and fell to the pipedeck…
Global Maritime Consultancy and Engineering has appointed Espen Thomassen as regional manager for the Americas. Thomassen will grow Global Maritime’s business throughout the region, which - in addition to Houston - includes offices in Brazil and Canada…
Noble Energy cut first steel on its giant Leviathan natural gas project, offshore Israel. First steel cut for Leviathan. Image from Noble Energy LinkedIn. “We are excited to join…
Motive Offshore Group has expanded its business with a six figure investment in a quayside fabrication facility in Dundee Port. After successfully negotiating with the port to take over the site, which boasts a deepwater quay side facility…
US giant ExxonMobil and Italy’s Eni signed a US$2.8 billion cash deal that will see ExxonMobil acquire 25% indirect interest in the natural gas-rich Area 4 block, offshore Mozambique. Map of Area 4…
Teekay Corp. and Teekay Offshore Partners are shaking things up on its board of directors. Current Teekay Director, William P. Utt, will replace C. Sean Day as Teekay’s chairman effective 15 June. Day is stepping down on 15 June, however…
Cairn Energy was awarded license option (LO) 16/18 in the Atlantic Ireland Licensing Round in 1H 2016, in addition to a farm-in to a 70% working interest and operatorship in the adjacent LO 16/19 with Europa Oil & Gas with plans for 3D seismic in 2017…
Solstad Offshore in Singapore awarded IKM Subsea Singapore a service contract to provide remotely operated vehicle (ROV) services onboard the derrick lay barge Norce Endeavour for construction support projects offshore in Thailand (hat-trick award from 2015)…
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