IHC Hydrohammer®, a subsidiary of IHC Merwede and market leader in the field of pile driving equipment, is continuing to make a major investment in sustainable and innovative solutions. IHC Hydrohammer® invested a total of € 37 million to expand its fleet of rental pile drivers as well as the furthe
Northern Offshore, Ltd. reported today that upon completion of the third well of a five-well drilling program for VietGazprom offshore… [mappress] wthr, May 4, 2010;
Held annually in Houston, Texas (USA), the Offshore Technology Conference (OTC) is the world’s foremost event for the development of offshore resources in the fields of drilling, exploration, production, and environmental protection. From May 3 to 6, MTU presents its latest generation of power and p
Subsea 7, one of the world’s leading subsea engineering and construction companies is pleased to announce that, as part of its ongoing investment in assets and technology, and following a two year trial in conjunction with SeeByte, that the two companies will collaborate further to bring the first c
FMC Technologies, Inc. announced today that it has signed a multi-year frame agreement with BG Norge, a subsidiary of BG Group, to provide subsea systems for offshore projects. The five-year contract includes provisions for two additional five-year extensions. The agreement also includes an immediat
Deep Down, Inc. an oilfield services company specializing in complex deepwater and ultra-deepwater oil production distribution system support services, today announced that it has completed the design and has begun construction of a 3,200 metric ton Carousel System, which is scheduled for completion
Nexans has completed a 3 million Euro contract for SBM Offshore (Single Buoy Moorings) to manufacture and supply the specialized offshore power, control and instrumentation cables for the conversion of the Espirito Santo FPSO (Floating Production Storage and Offloading) vessel serving the BC-10 deep
KTL Global, the supplier of rigging equipment to the offshore oil and gas (O&G) sector, says it will invest $6 million to set up one the largest rigging and sling manufacturing facilities in the Middle East. It will be located on a 10,000 sqm plot of prime industrial land in the Hamriyah Free Zone i
Seadrill today took delivery of the new deepwater semisubmersible drilling rig West Orion from the Jurong Shipyard in Singapore. The unit was delivered on budget and 10 days ahead of original delivery schedule. The drilling rig will leave Singapore tomorrow, en route to its first six-year drilling a
EDSA,the leading developer of power analytics solutions for the design, testing, and management of complex electrical power systems, today announced the successful completion of the Factory Acceptance Test for a groundbreaking new electrical power analytics, supervision and diagnostic system, schedu
Dresser Masoneilan today announced that it has been named the emergency shutdown device (ESD) supplier for BP’s floating production, storage and offloading (FPSO) vessel in the Plutao, Saturno, Venus and Marte oil fields off the coast of Angola, Africa. Dresser Masoneilan will supply SVI II ESD anal
Seadrill has a letter of intent from Statoil for a new harsh environment jackup to drill on the Norwegian continental shelf. The five-year contract has an estimated value of around $650 million, including a $24-million mobilization fee, and is due to start in summer 2011. Statoil has an option to ex
Keppel FELS Ltd (Keppel FELS) has delivered the third DSSTM 21 deepwater semisubmersible (semi) drilling rig to Maersk Drilling (Maersk) 43 days ahead of schedule and with a perfect safety record, garnering a bonus of US$400,000. Mr Claus V. Hemmingsen, CEO of Maersk Drilling said, “The Maersk-Keppe
Mojix® Inc today announced Edison Chouest Offshore (ECO), C Logistics Division, is deploying the Mojix STAR™ system in a large scale RFID initiative to bring a new level of visibility, precision and operational efficiency to the oil and gas industry at their Port Fourchon, Louisiana facility, a larg
