To collaborate on the localization of main equipment and materials for offshore plants, Hyundai Heavy Industries (HHI) has signed a memorandum of understanding with Doosan Heavy Industries and Construction (DHIC) and Center for Creative Economy and Innovation (CCEI) in Ulsan and Gyeongnam…
Panoro Energy announced that the final works on the floating production, storage and offloading (FPSO) vessel, for the Aje field operations, have been completed. The vessel has left Singapore and is expected to arrive in Nigeria mid-March 2016…
Shell’s Q4 2015 earnings fell 57% along with its full year earnings taking a major plunge of 80%, as the Anglo-Dutch supermajor confirms the reduction of some 10,000 across both Shell and BG Group, once the mega merger is complete in a few weeks…
It's day two of Subsea Expo. Despite the down turn, there's still some good news, including new technology coming to the market. OE, official media sponsor of the show, being held in Aberdeen this week, spoke to ABB's John Guthrie, Regional Sales Manager…
Aker Solutions was recognized as the best subsea company of the year at last night's the Subsea UK awards, with Subsea 7's David Bloom picking up the outstanding contribution to the subsea industry accolade. The awards, which seek to…
The Ministry of Economic Development of Italy informed Rockhopper Exploration that the production concession covering the Ombrina Mare field area will now not be awarded, despite the Ombrina Mare project having completed all the required technical and environmental authorizations…
The 6th annual Global FPSO Forum to be held on 30 August to 1 September 2016 in Galveston, TX, announces supermajor Shell’s Curtis J. Lohr, Stones project manager, as its first keynote speaker. Curtis J…
Red Marine, based in Hexham, has completed a qualification testing program on a new vent valve for FMC Technologies. The program to validated the performance of the vent valve against industry standards including ISO 10423 (API 6A). Used during workover operations…
Danish energy group DONG Energy has made a final investment decision (FID) to build the giant Hornsea Project One offshore wind farm. Once built, Hornsea will be the world's first offshore wind farm with more than 1000 MW capacity. Located 120km off the Yorkshire coast…
Norwegian giant Statoil handed out several contracts worth more than US$185 million (NOK 1.6 billion)for its Oseberg Vestflanken 2, Johan Sverdrup, and Ging Krog fields offshore Norway. CEO Steinar Riise is signing the contract for Ocean Installer…
2015 was a wake-up call and 2016 is probably going to be our most challenging year, this morning’s Subsea Expo was warned. Subsea UK CEO Neil Gordon. Image from Subsea UK Twitter. And the future isn’t looking much easier…
Aberdeen-based Plexus Holdings has secured an order from Talisman Malaysia for the supply of a wellhead system for an exploration well offshore Malaysia. This order with Talisman is the first to be awarded to Plexus’ Malaysian joint venture company…
Subsea 7 has won a three-year frame agreement, with four one-year options, for six North Sea clients: Chevron North Sea, Dana Petroleum (E&P), Hess Denmark, Nexen Petroleum UK, Talisman Sinopec Energy UK and TAQA Bratani. Under the frame agreement…
CGG has been awarded an extension to a major 3D seismic survey it successfully completed on the Caribbean coast offshore Colombia in late 2015. The new survey follows on from the original over 16,000sq km survey CGG conducted over portions of the Col-1 and Col-2 blocks…
It's new engineering consultancy io's first year at Subsea Expo. We spoke to the firm's COO Mark Dixon about the show and the wider industry. What brings you to Subsea Expo? In our first year of business as io, the oil price has…
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