Business & Finance
FMC Technologies Acquires CSI (USA)
FMC Technologies, Inc. announced today that it has completed the acquisition of Control Systems International, Inc. (CSI). CSI is a leading supplier of innovative control and automation system solutions for the oil and gas industry and other markets. The company has operations in Lenexa, Kansas; Irv
USA: Cargotec Establishes New Offshore Service Centre in Houston
Cargotec’s new offshore service centre in Houston supports its global service capabilities for an ever expanding multi-national customer base while also ensuring that it services local market needs. To further expand its offshore service capabilities, Cargotec has established a new offshore service
Norway: DNV Releases Rule Book for Jack-up Rigs
A new dedicated rule book for self-elevating units will guide designers and yards to class their designs and newbuilding projects. The rule book clearly explains the DNV and international regulations and standards. Adaptations from the traditional Offshore Standards include additional class notation
Vidar Viking Continues Work at Russian Far East
In November 2011 Viking Supply Ships had agreed to enter into a contract with Sakhalin Energy for a period of 2.5 years with additional option(s) to extend the contract by 4×3 months for the vessel Vidar Viking offshore supply vessel. The agreement with Sakhalin Energy was conditional upon approval
Russia: Almaz Shipyard Launches Corvette Makhachkala
On April 27th JSC Almaz Shipbuilding launched corvette Makhachkala of Project 21630. The vessel comes as the third and last Buyan-class corvette built by the shipyard. The ship was successful launched from the shipyard’s floating dock and moored into the outfitting quay for finishing touches. The Pr
DOF – Skandi Atlantic to Work for Apache in Australia
DOF has signed a contract with Apache Energy Limited (Apache) for Skandi Atlantic for operations in Australia. The firm period of the contract is 900 days commencing in May 2012. The value of this 900 days contract is approximately NOK 225 million. Skandi Atlantic is owned by Aker DOF Deepwater AS (
Australia: MIMI Buys Stake in Woodside’s Browse Project for USD 2 bln
Woodside advises that it has accepted an offer from Japan Australia LNG (MIMI Browse) Pty Ltd (MIMI) to purchase a minority portion of Woodside’s equity in the proposed Browse LNG Development for US$2 billion, subject to joint venture pre-emption rights. The effective date is 1 January 2012. The sal
USA: AMEC Wins Topsides FEED Contract for Mad Dog Phase 2 Deepwater Project
AMEC, the international engineering and project management company, has been awarded a contract from BP Exploration & Production Inc. (BP) to provide Front End Engineering Design services (FEED) for the topsides facilities for the second phase of the Mad Dog field development. The new facility will
Reef Subsea Unveils Reef Larissa Subsea Construction Vessel (UK)
Reef Subsea AS recently announced that one of its new inspection, maintenance & repair and subsea construction vessel, the Reef Larissa, which will be operated soon by its specialised company Specialist Subsea Services Ltd (S³) was unveiled at Aberdeen Harbour Wednesday 25th April 2012, having just
UK: Offshore Marine Support Secures Build Slot for South Catamaran 17m WFSV
Offshore Marine Support Ltd. announce that it has entered into an agreement to secure a build slot for a South Catamaran 17m Wind Farm Support Vessel to be built by South Boats Special Projects Ltd. on the Isle of Wight. The South Catamaran 17m WFSV is a unique vessel with capabilities well beyond i
UK: Stork Technical Services Strengthens Senior Management Team
Stork Technical Services, the leading global provider of knowledge-based asset integrity management services for the oil and gas, chemical and power sectors, has strengthened its senior management team with two key appointments. Dave Workman has been appointed to the new position of Chief Operating
Statoil Sells Norwegian Continental Shelf Assets to Centrica
The transaction following Statoil’s divestment and exit from several licenses on the Norwegian Continental Shelf (NCS) in November last year is now closed. The buyer was the UK based energy company and established NCS player Centrica and the consideration was USD 1.525 billion. An additional payment
UK: Stork Bolsters Its Team with Two New Appointments
Stork Technical Services, the leading global provider of knowledge-based asset integrity management services for the oil and gas, chemical and power sectors, has strengthened its senior management team with two key appointments. Dave Workman has been appointed to the new position of Chief Operating
USA: Schlumberger Buys Tesco’s CASING DRILLING Division
Tesco Corporation and Schlumberger announced that they have signed a definitive agreement for Schlumberger to acquire Tesco’s CASING DRILLING™ division for $45 million in cash. “Our CASING DRILLING™ division comprises some of our leading technologies, which Tesco has incubated for several years,” sa