Fossil Energy
DBR gensets for IHC-built pipelayers
DBR will supply emergency/harbour diesel generator sets for six new pipelaying vessels under construction at IHC Merwede in the Netherlands for Subsea 7 and SapuraKencana. The order for the custom engineered units, generating up to 1,875 kVA, follows DBR’s successful delivery of three similar genera
AIRSIS acquired by Oceaneering
Oceaneering International, Inc. has acquired AIRSIS Inc., a provider of remote asset management software services. AIRSIS’ revenue for 2013 was approximately $7 million, and its future financial results will be included in Oceaneering’s Subsea Projects segment. This acquisition is expected to enhanc
Plexus to supply Pos-Grip wellhead to Maersk Oil
Plexus Holdings PLC, the AIM quoted oil and gas engineering services business and owner of the proprietary POS-GRIP® friction-grip method of wellhead engineering, known for its safety, time and cost saving capabilities, announces that further to the Company’s first time contract win with Maersk Oil
Wood Group Kenny nets Shah Deniz subsea contract
Wood Group Kenny (WGK) has been awarded a £36 million call-off contract, for 2014, with BP Azerbaijan under their 2007 Global Agreement. The contract will cover engineering and project management services for the Shah Deniz 2 Subsea Execute phase. WGK has worked with BP on the Shah Deniz project sin
Bowleven: Significant milestone reached in Cameroon
Bowleven, the Africa focused oil and gas exploration group traded on AIM, today said that a significant milestone has been achieved in the development of the Etinde Permit, offshore Cameroon. Following a Special Operating Committee Meeting (OCM), held between the Cameroon State and the Contractor
Bureau Veritas buys DTI DiversiTech
Bureau Veritas has just acquired DTI DiversiTech, Inc. (DTI), a US company specialized in inspection and audit services for the oil and gas sector. Founded in 1989 and based in Texas, DTI is the US leader in inspection of offshore subsea and completion equipment used in drilling operations, a mark
Solstad takes delivery of ‘Normand Reach’
Solstad Offshore ASA (SOFF) has today taken delivery of “Normand Reach” (CSV) from Vard, Aukra. The vessel will start on a 5 year firm charter with Reach Subsea ASA with additional 3 x 1 yearly options, with the start scheduled for June 10, 2014. A long-term facility of NOK 510 million has been dr
AMEC, BP Execs become Chairmen of Oil&Gas UK
Oil & Gas UK, the representative organisation for the UK offshore oil and gas industry, today officially confirms two new senior appointments to its Board.
CGX, Inpex to share jack-up rig ‘Hakuryu 12’
CGX Energy Inc. has entered into a binding letter of intent with Teikoku Oil (Suriname) Co., Ltd., a wholly-owned subsidiary of INPEX Corporation, and Japan Drilling Co., Ltd. (“JDC”), for use of the jack-up drilling rig known as the “Hakuryu-12” rig. The letter of intent forms the basis of the defi
Cairn India: Interim CEO steps down
Cairn India Ltd. announces that P Elango, Interim CEO & Whole time Director has decided to step down for personal reasons. The Board has accepted his resignation. Sudhir Mathur, CFO, has taken over the additional responsibility of leading the organization in the interim. Tom Albanese, CEO Vedanta
Vard, NAO pen letter of intent for two PSVs
Vard Holdings Limited has entered into a Letter of Intent (“LOI”) with Nordic American Offshore Ltd. for the design and construction of two Platform Supply Vessels (“PSV”), and an option for a third vessel. The vessels are of VARD 1 08 design, developed by Vard Design in Alesund, Norway. The hulls o
Inpex’s Ichthys project VP receives Honorary Doctorate from Charles Darwin University
INPEX has announced that Jiro Okada, Vice President, Ichthys Project Division, has been awarded a degree of Doctor of Science honoris causa from Charles Darwin University (CDU) in Northern Territory, Australia. INPEX is progressing the development of the Ichthys LNG Project as an Operator under th
Sembcorp Marine acquires stake in GraviFloat
Sembcorp Marine has entered into an agreement to acquire a 12% stake in GraviFloat AS for US$4 million, with a right to increase its stake up to 20% by further equity injection. GraviFloat was formed to design, deliver and operate re-deployable, gravity-based, modularised LNG and LPG Terminals for i
ATR invests in Underwater Engineering Services equipment
ATR Group, the global equipment specialist, has invested £1million in new equipment and almost doubled its UES (Underwater Engineering Services) workshop facility to meet a growing demand from the subsea sector. The expenditure in the Aberdeen-based Group’s marine and subsea project support equipmen