10000 results found for 'Decommissioning'

10000 results found for 'Decommissioning'
Order results by

A list of search results

  • Petrofac strikes extension deal with ONEgas West in ‘core market’

    28 March 2024
    Business & Finance, Business Developments & Projects, Project & Tenders

    Petrofac has won a contract extension in the Southern North Sea with ONEgas West, a venture owned by Shell UK and operated by NAM.

  • Australia: Funds Secured for Yarriambiack Creek Flood Investigation

    5 June 2014

    Communities along Yarriambiack Creek will be able to better prepare for future flooding thanks to a $200,000 detailed flood investigation, Minister for Water Peter Walsh announced. In Warracknabeal today with Nationals candidate for Lowan Emma Kealy, Mr Walsh said the investigation would update flood mapping for 70 kilometres of land along Yarriambiack Creek, from Warracknabeal […]

  • ABS Group Certifies Design Basis of Sea Breeze OWF Foundation

    9 October 2015
    Business & Finance, Equipment, Research & Development

    ABS Group, part of marine and offshore classification society – ABS, has issued its certification of the design basis for Ocean Resource’s innovative Sea Breeze Gravity “float-out-and-sink” offshore wind turbine foundation system. ABS Group issued its certification in accordance with the relevant standards, including IEC 61400 and the ABS Guide for Bottom-founded Offshore Wind Turbine […]

  • Kongsberg Inks Statoil Deal

    16 March 2016
    Business & Finance, Equipment, Operations & Maintenance, Project & Tenders

    Kongsberg Oil & Gas Technologies, a wholly owned subsidiary of Kongsberg Gruppen ASA, has signed a frame agreement with Statoil for services related to Statoil’s dynamic process simulators. The frame agreement includes that Kongsberg will maintain, modify and upgrade Statoil’s existing dynamic process simulators, and is valid for up to 12 years including all installations […]

  • Sinopec Buys 49 Pct of Talisman’s UK North Sea Business

    18 December 2012
    Business & Finance

    Talisman Energy Inc. today announced the completion of its joint venture transaction with Addax Petroleum UK Limited (APUK), an indirect wholly-owned subsidiary of China Petrochemical Corporation (Sinopec Group) following receipt of government and regulatory approval. “We are very pleased to be partnering with Sinopec in the UK North Sea,” said Hal Kvisle, President and CEO […]

  • Bibby Offshore hires IMES for rigging inspection services

    24 March 2016
    Business & Finance, Equipment

    Bibby Offshore, a UK-based subsea services firm  has awarded a frame agreement for rigging equipment inspection and wire rope management to Aberdeen-based IMES. According to Bibby Offshore, the deal, potentially worth a seven-figure sum, has a duration of three years with a further two, one-year options. IMES executive chairman Rod Buchan said: “This agreement from a […]

  • GALLERY: ALP’s final Future Class vessel named

    29 June 2017

    ALP’s last Future Class ultra-long distance towing and anchor handling vessel ALP Keeper has been christened recently in Tamano, Japan. The ALP Keeper was constructed by Niigata Shipbuilding & Repair, Japan. It is one of four ultra-long distance towing and anchor handling vessels constructed for ALP Maritime Services, a subsidiary of Teekay Offshore Partners. The vessel […]

  • Aker BP profit helped by production increase

    28 April 2017
    Business & Finance

    Norwegian E&P player Aker BP more than doubled its profit in the first quarter of 2017 helped by increase in production and oil prices.  The company’s total operating income in the first quarter was $646 million, higher than the first quarter 2016 and income of $205 million mainly due to inclusion of BP Norge activities […]

  • DEME orders new offshore installation vessel in China

    1 March 2017
    Business & Finance

    Marine engineering group DEME has ordered the “next generation” offshore installation vessel, to be named Orion, from China’s COSCO. DEME said on Wednesday that the Orion would feature a combination of high transport and load capacity, large lifting heights and green technology. According to the company, the vessel is set to be delivered by COSCO […]

  • China Awards Subsidies for Scrapping Old Ships

    1 October 2014
    Business & Finance

    Four Chinese shipping companies have received subsidies from the Chinese government worth a total of USD 293.3 million for retiring old ships and upgrading their fleets, writes Reuters. China Shipping Development Co (CSDC) and China Shipping Container Lines (CSCL) announced in separate stock exchange filings that they received a combined USD 41.5 million. CSDC has […]

  • GSP Wins Pipelay Contract in Dutch North Sea

    9 March 2012
    Business & Finance, Operations & Maintenance, Project & Tenders

    Grup Servicii Petroliere SA (GSP) has been awarded a new contract in the North Sea, for pipelay services. This is the second contract awarded to the company by Wintershall Noordzee B.V. The pipelay contract is for GSP Falcon, the DNV class pipelay vessel which will carry out the installation of a 10 inch diameter 30km […]

  • Hercules Offshore Sells Platform Rig 3 (USA)

    21 August 2012
    Business & Finance

    Hercules Offshore, Inc.   announced today that it has closed the previously announced sale of Platform Rig 3 , along with its wholly owned subsidiaries, TODCO Mexico Inc. and Servicios TODCO S. de R.L. de C.V., for aggregate consideration of approximately $36 million, consisting of a base purchase price of $28 million, as adjusted for […]

  • Royal IHC forms offshore services partnership with Brazilian company

    10 August 2017
    Business & Finance

    Brazilian company GranInvestimentos and Dutch company Royal IHC are joining forces to deliver integrated life cycle solutions to customers in the oil and gas sector. Through this partnership, both companies are set to increase their operational and service activities, and expand their presence in Latin America, Royal IHC said in a statement on Thursday. The association […]

  • BMT and Sigmund Yacht Design Present HMS Illustrious

    14 January 2014

    BMT and Sigmund Yacht Design today unveiled ‘Illustrious’ future for Royal Navy’s Iconic Aircraft Carrier. The two companies have conceived an audacious design concept to redevelop the Invincible Class aircraft carrier, HMS Illustrious which will be withdrawn from naval service this year. The UK Ministry of Defence stated that the ship will be preserved after […]

  • Eversendai to buy liftboat operator Vahana

    2 July 2020
    Business & Finance, Business Developments & Projects, Vessels

    Eversendai has decided to acquire a 100 per cent equity interest in service provider Vahana Offshore and its subsidiaries for a purchase consideration price of RM235 million ($54.8 million).

  • Highlights of the Week

    9 October 2016
    Business & Finance, Equipment, Operations & Maintenance

    Subsea World News has put together a recap of the most interesting articles from the previous week (October 03 – October 09). OneSubsea, a Schlumberger company, is said to be considering to close up shop in Leeds next year which could lead to loss of up to 600 jobs. The company that has over 900 […]

  • Fire breaks out at Petrobras’ Campos Basin oil rig

    22 April 2025
    Regulation & Policy, Safety

    Dozens of workers have been treated for injuries following an explosion and a fire on an oil platform off the coast of Brazil operated by the state-owned energy giant Petrobras.

  • NextGeo expands into new regions via acquisition of share in 61-year-old Italian firm

    22 July 2025
    Business & Finance, Business Developments & Projects, Outlook & Strategy, Project & Tenders, Regulation & Policy, Transition, Vision

    Italy-headquartered Next Geosolutions (NextGeo) has signed a sale and purchase agreement for the acquisition of 75.4% of the share capital of a compatriot subsea services company established in 1964, thereby expanding its operations into the Mediterranean and West African countries and broadening its range of services. The transaction involves the acquisition of 75.4% of the […]

  • STAX Engineering ramps up UK port operations with $50M investment

    22 September 2025
    Business & Finance, Business Developments & Projects, Ports & Logistics, Transition

    STAX Engineering, a California-based company specializing in maritime emissions capture and control, has decided to scale up its operations in the United Kingdom with an investment of up to £38 million ($50 million) across UK ports. As disclosed, STAX Engineering is currently discussing collaboration opportunities with the Harwich Haven Authority to explore how the demand […]

  • Goodfuels makes it easy to go green

    13 June 2020
    Innovation

    A drop-in fuel solution for the maritime industry The transportation sector needs to reduce its emissions of CO2, SOx and NOx. This is a challenge, especially for the shipping industry. The lifetime of a vessel is 25 to 30 years, making the transition to newer, cleaner technologies a slow process. Modifications and conversions for existing […]

  • Australian giant seeking approval for subsea equipment removal

    22 April 2022
    Authorities & Government, Business & Finance, Business Developments & Projects, Environment, Outlook & Strategy, Project & Tenders, Regulation & Policy, Rules & Regulation, Safety, Vessels

    BHP has submitted an environment plan to the offshore regulator for decommissioning and management of a field offshore Australia.

  • New Subsea Player Wins Decom Support Gig in Tunisia

    2 February 2017
    Business & Finance, Equipment, Operations & Maintenance, Project & Tenders

    The newly merged Underwater Engineering Services (UES) and Seanic Oceans Systems has secured its first contract in Tunisia. As part of the merger between their parent companies ATR Group and Centurion Group last year, the newly formed business of UES Seanic will support Oceana Subsea on a decommissioning campaign in Tunisia, North Africa. UES Seanic […]

  • BMT Group Appoints New BoD Member (UK)

    19 July 2013
    Business & Finance

    BMT Group Ltd, a leading international design, engineering and risk management consultancy, announce that Wendy Barnes has joined the Board of Directors as a Non-executive Director. Wendy is presently a Non-executive Member of the main Board of OFWAT, the economic regulator of the water industry in England and Wales, a Non-executive Director of the Foreign […]

  • Subsea 7 buys Seaway Heavy Lifting

    13 March 2017

    Subsea engineering, construction and services company Subsea 7 has announced the acquisition from K&S Baltic Offshore of its 50% shareholding in Seaway Heavy Lifting. In addition to 50% interest already owned by Subsea 7, the company made an offer to acquire the other half in Seaway Heavy Lifting, a specialist offshore contractor which operates two heavy […]

  • Tamarind eyes more Tui stake (New Zealand)

    14 December 2016

    Tamarind Management has made a move to buy more stake in the Tui area oil fields offshore New Zealand after it had entered into an agreement with the operator AWE to buy its entire 57.5% interest in the area.  Namely, AWE concluded its divestment program on Tuesday after agreeing to sell the Tui area oil fields to […]