Sparrows Group has been awarded a 3.5 year extension to its inspection services contract for Stena Drilling’s global fleet of drilling vessels. The contract scope includes carrying out LOLER lifting gear surveys, potential dropped objects surveys…
Statoil has awarded Apply Leirvik a US$48 million (NOK 400 million) contract for the delivery of the living quarters module for the Peregrino II Platform in the Campos Basin offshore Brazil. Illustration of Peregrino II…
Singaporean shipbuilder Jurong Shipyard has further extended its standstill agreement with North Atlantic Drilling Ltd. (NADL), which will delay the delivery of the West Rigel semisubmersible drilling rig for the fifth time. The Sembcorp…
As oil continues to sell below US$50/bbl, 2017 could be one of the toughest years in decades for offshore supply vessel (OSV) companies, according to a study of 44 companies in the industry by AlixPartners. The firm’s analysis highlights these companies’ rising debt burdens…
OMV (Norge) AS has received consent from Norway’s Petroleum Safety Authority (PSA) to drill an exploration well in block 7324/8 in the Barents Sea. Island Innovator. Image from Island Drilling…
Statoil has awarded Ocean Installer a contract for subsea installations and tie-in operations on Johan Sverdrup, Utgard, and Bauge. Normand Vision. Image from Ocean Installer. The…
Sevan Drilling has amended the delivery deferral period for the Sevan Developer cylindrical drilling rig until 30 June 2020, effective upon receipt of US$25.3 million plus interest from Cosco (Qidong) Offshore Co. Ltd. (Cosco). Sevan says that the receipt is expected by 31 July 2017…
Deepsea Stavanger. Image from Odfjell. Total E&P South Africa has awarded Odfjell Drilling a one well plus one optional well to be drilled by the sixth generation semisubmersible…
Bluestream has secured a five-year contract plus two-year extension with ONEgas, the combined business unit of Shell UK and the Nederlandse Aardolie Maatschappij (NAM) for the gas production on the Southern North Sea. Image from Bluestream…
Sheffield Forgemasters' offshore oil and gas specialist, Vulcan SFM, secured a US$7.1 million (5.5 million GBP) contract with Samsung Heavy Industries (SHI) to supply 73 steel castings ranging from 0.5-tonne to 19.5-tonne, for a semisubmersible oil platform…
Fugro has been awarded a further two-year contract by Petrobras to provide comprehensive inspection, repair and maintenance (IRM) and pipeline inspection services in Brazil. The new award follows Fugro’s successful completion of an initial 12-month contract for the oil major…
Marie Morkved shows how a desire to eschew ‘how we’ve always done it’ helped Maersk Oil take a different approach to well intervention – using coiled hose on its UK North Sea Balloch field. Coilhose…
Well intervention spending has been hit harder than other areas, but it is not due to a lack of opportunities. Elaine Maslin reports. Island Offshore’s Island Frontier. Image from Island Offshore…
All all-Italian team is hoping to offer the offshore industry smarter and more efficient solutions, by bringing their heads together. Elaine Maslin reports. Fincantieri's Overdrill. Photo from Fincantieri…
A merger between three companies: Solstad Offshore, Farstad Shipping and Deep Sea Supply, have formed the new company SolstadFarstad, creating an offshore service vessel giant (OSV). SolstadFarstad executives…
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