307 results
A list of search results
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Chief financial officer (CFO) of Houston-based oil company Vaalco Energy has decided to resign from the company.
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Huisman, the Netherlands-based specialist in lifting, drilling and subsea solutions, has secured a new contract from Allseas for the design and manufacturing of an 850mt Offshore Mast Crane. The crane will replace the current 300mt Offshore Mast Crane onboard Allseas’ pipelayer “Solitaire”, the largest pipelay vessel in the world. The delivery is scheduled for 1 […]
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Vaalco Energy has announced that production from the Etame Marin block, offshore Gabon, has resumed after the successful completion of previously announced maintenance work on the company’s leased FPSO vessel “Petróleo Nautipa”. Work was performed to upgrade the fire and gas detection systems on the FPSO and other routine maintenance work was completed on-time and without any safety […]
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Business & Finance, Equipment
Veripos, world leaders for supply of high-precision GNSS positioning facilities to the offshore industry, has been awarded a three-year exclusive contract by Neptune Marine Services (NMS) of Perth, Western Australia for provision of services in support of its worldwide operations involving engineering solutions carried out on behalf of oil and gas, marine and renewable energy […]
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Transocean Ltd. issued a monthly Fleet Update Summary which includes new contracts, significant changes to existing contracts, and changes in estimated planned out-of-service time of 15 or more days since April 17, 2014. The total value of new contracts since the April 17, 2014 Fleet Status Report is approximately $953 million. The Dhirubhai Deepwater KG1 […]
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Business & Finance, Equipment
Huisman, the Netherlands-based specialist in lifting, drilling and subsea solutions, has secured a new contract from Allseas for the design and manufacturing of an 850mt Offshore Mast Crane. The crane will replace the current 300mt Offshore Mast Crane onboard Allseas’ pipelayer “Solitaire”, the largest pipelay vessel in the world. The delivery is scheduled for 1 […]
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Business & Finance, Equipment
Measurement Technology NW (MTNW) announces 3 new jack-up mooring winch monitoring projects with Transocean Magellan & Constellation I and the Rowan California. “In many parts of the world, the tidal forces, lack of access to qualified tugboats, and close proximity to subsea pipelines require rig owners to install mooring winches on jack-ups,” said Tom Rezanka, […]
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Last week’s news revolved around an oil major, Royal Dutch Shell, and its activities related to Arctic drilling and Shell’s planned take over of UK-based oil company, BG Group. Six Greenpeace activists boarded the Polar Pioneer, a drilling rig destined to drill for Shell in the Chukchi sea, offshore Alaska, this Monday in order to […]
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Business & Finance, Equipment
NovAtel Inc, the world’s leading OEM provider of high precision Global Navigation Satellite System (GNSS) positioning products, announced the launch of its NovAtel CORRECT positioning technology. NovAtel CORRECT optimally combines data from multiple GNSS satellite constellations with corrections from a variety of sources, to deliver the best position solution possible. NovAtel CORRECT provides integrators with […]
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VERIPOS, a provider of satellite positioning solutions to the international offshore and marine industries, is concluding the upgrade of its entire global network of GNSS reference stations with high performance multi frequency GPS/GLONASS/Galileo/BeiDou receivers from Septentrio. VERIPOS owns and operates a network of over 80 reference stations worldwide that is used to determine estimates of […]
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Iridium Communications Inc. (Nasdaq:IRDM) (“Iridium”) today announced its 2011 and long-range financial outlook at its 2010 Analyst Day in New York. The Company expects: 2011 Outlook Total Billable Subscriber Growth Approximately 20% Total Service Revenue Growth Between 10% and 13% Equipment Revenue Decline of 15% to 30% Operational EBITDA (OEBITDA) $180 million to $190 million […]
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Business & Finance, Equipment, Operations & Maintenance, Project & Tenders
Subsea World News has gathered all the highlights to bring you a summarized version of the most popular articles from the previous month. The month of June has seen many companies announcing job cuts and business restructuring. Red7Marine has gone into administration with 47 jobs lost, Aker Solutions slashed 200 in subsea division, FMC reduced Norwegian workforce […]
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Equipment, Operations & Maintenance, Project & Tenders
Saipem has secured a subsea contract by ExxonMobil subsidiary Esso Exploration and Production Guyana (EEPGL) for the proposed Payara development project located in the Stabroek block. The contract scope includes the supply of subsea structures, risers and flowlines. Saipem was awarded earlier subsea contracts for the first two phases of the Liza development in Guyana […]
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Transocean Ltd. has, since April 17, received new drilling contracts valued $953 million in total. In its fleet status report, the drilling contractor said that its Dhirubhai Deepwater KG1 drillship was awarded a three year contract offshore Brazil at a dayrate of $440,000 ($482 million estimated backlog). The rig’s prior dayrate was $510,000. The drillship, currently […]
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Oil and gas giant BP has produced first gas from its Angelin development offshore Trinidad and Tobago.
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Huisman, the Netherlands-based specialist in lifting, drilling and subsea solutions, has secured a new contract from Allseas for the design and manufacturing of an 850mt Offshore Mast Crane. The crane will replace the current 300mt Offshore Mast Crane onboard Allseas’ pipelayer “Solitaire”, the largest pipelay vessel in the world. The delivery is scheduled for 1 […]
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Alfa Laval joins the coalition aimed at introducing zero-emission vessels by the year 2030.
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Business & Finance, Exploration & Production
QGEP has hired the drillship Laguna Star to drill a third well of the Atlanta field’s Early Production System (EPS).
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Rig owners and oil companies will have one point of contact for the coming large modification and upgrade project through AWA – a so far unknown rig alliance on the Norwegian Continental Shelf within drilling operations between Westcon and Archer. The well established companies Westcon Group and Archer find together to create a “one-shop-stop” for […]
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Business & Finance, Equipment, Operations & Maintenance
LDD, an Acteon company, has successfully finished a specialist foundation installation for the Etame Marin block field expansion project, offshore Gabon, West Africa. VAALCO Gabon (Etame) is the operator of the Etame Marin block. EMAS AMC, the subsea services division of EMAS, is undertaking the block expansion project on behalf of VAALCO Gabon (Etame) and […]
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The International Association of Antarctica Tour Operators (IAATO) has approved a resolution requiring members’ passenger ships to be fitted with satellite tracking devices based on Iridium (Iridium Communications Inc.). The devices will report ships’ positions at least once per hour when cruising in Antarctic waters. Global Marine Networks (GMN), an Iridium Value-Added Reseller, is supplying […]
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For the first time since 2008, the EUROGATE Group last year surpassed the 14 million TEUs mark with 14.2 million standard containers (TEU) handled Europe-wide. This is an increase of 7.3 per cent over the previous year. The growth drivers of the EUROGATE Group in 2013 were the Italian Mediterranean terminals with over 11 per […]
