Fossil Energy
FMC Technologies supplies six ROVs to C-Innovation
FMC Technologies, Inc. announced today that it has received an order from C-Innovation to supply a fleet of six UHD-III Remotely Operated Vehicle (ROV) systems for its subsea operations business. The ROV systems will be supplied by FMC Technologies’ Schilling Robotics business unit and are expected
WeSubsea to deliver equipment to Canadian market through Frontier Subsea
The Norwegian subsea company WeSubsea is established in Canada by cooperation with Atlantic Canadian subsea engineering & services company Frontier Subsea Inc. WeSubsea and Frontier Subsea have reached an agreement that will allow WeSubsea to deliver their equipment and services to the Canadian subs
Caterpillar receives air compressors supply deal
Caterpillar Oil & Gas has announced it has been awarded a contract to provide 24x custom Cat® C15 air compressor packages to Airpac Bukom Oilfield Services, a division of Vp plc. Each C15 package is rated at 536 bhp (400 bkW) @ 1800 rpm and the finished package will provide 1600 cfm at 150 psi, [&he
Seatankers takes delivery of PSV ‘Sea Springer’
The platform supply vessel ‘Sea Springer’ was recently delivered from Zhejiang, and ship owner Seatankers/Deep Sea Supply has now received eight of their total twelve vessels of the PX105 design. The vessels receive very good feedback. In Ulstein’s latest magazine, Ulstein Today, the Captain on one
Petrobras and Embraer sign MoU at OTC 2014, first project to focus on BOP
Petrobras and Embraer have signed, during the Offshore Technology Conference, in Houston, a Memorandum of Understanding for the purpose of applying the rigorous standards practiced in the aerospace industry to assess the requirements and architecture of critical systems used in the exploration and p
Vantage Drilling reports increase in net income
Vantage Drilling Company reports net income for the three months ended March 31, 2014 of $24.8 million or $0.07 per diluted share as compared to a net loss of $24.9 million or ($0.08) per diluted share excluding approximately $98.3 million of charges for the early retirement of debt, for the three m
Transocean to create Caledonia Offshore Drilling Company
Transocean Ltd. has announced that it intends to pursue the creation of an entity comprising eight of its UK North Sea midwater drilling rigs. The company expects to establish the new entity, Caledonia Offshore Drilling Company, during the second half of 2014 and, at an appropriate stage, separate C
Senergy S&G to support GDF Suez in Cygnus’ offshore construction phases
Senergy’s Survey & GeoEngineering group has been awarded a major contract to support GDF SUEZ E&P UK Ltd in the forthcoming offshore construction phases of its major Cygnus gas project. Senergy S&G has provided survey project management and geosciences engineering consultancy services on the project
JDR opens service and maintenance facility in Brazil
JDR, a leading provider of technology connecting the offshore energy industry, is increasing its global footprint with the opening of a new service and maintenance facility in Brazil. The JDR facility will be the latest addition to the bustling port city of Macaé when it opens for business in Q3 of
Decom North Sea hosts Networking breakfast during OTC
The Gulf of Mexico (GoM) is one of the most important regions for energy resources and infrastructure, producing 370 million barrels of oil and 1,103 billion cubic feet of natural gas in 2013, worth an estimated $40 billion. As the industry matures, record levels of infrastructure are facing decommi
RWE Dea expands in Caspian region, signs JSA with Socar
RWE Dea has signed a Joint Study Agreement with the State Oil Company of the Azerbaijan Republic (SOCAR). Both companies will evaluate the hydrocarbon prospectivity in an area south of Baku in the Caspian Sea in close cooperation. The Joint Study Agreement was signed between SOCAR and RWE Dea regard
Havyard sells its stake in Forland Subsea
Havyard Ship Invest AS have entered into an agreement with Forland Shipping to sell Havyard’s 25% stake in Forland Subsea AS. Forland Subsea AS is the shipowning company for the subsea construction vessel “Lewek Inspector”. After this transaction, Forland Shipping owns 100 % of the shares in Forland
Technology is catalyst for better performance in O&G, says Lloyd’s Register at OTC 2014
New research from Lloyd’s Register Energy explores the drivers for technology and innovation in the global oil and gas industry. The Technology & Innovation Radar survey results were released yesterday, 5 May 2014, from booth #2173 at the Offshore Technology Conference in Houston by Lloyd’s Register
Cargotec, NIB enter eight-year loan agreement
Cargotec Corporation and Nordic Investment Bank have signed an eight-year loan agreement totalling EUR 50 million for financing the acquisition of Aker Solution’s mooring and loading systems unit finalised at the end of January 2014. The mooring and loading systems unit provides mooring equipment, l