On Wednesday 22 August 2012 the keel-laying ceremony for the 550t pipelaying vessel for Subsea 7 took place at IHC Merwede’s yard in Krimpen aan den IJssel (The Netherlands). The keel laying was performed by Rien Smallegange , Subsea 7’s Deputy Project Manager. IHC Merwede’s contract with Subsea 7 i
On October 15, 2012, Take-or-Pay agreement for the supply of natural gas over either 16 years or up until the contracted quantity has been utilized, was signed by the Tamar Partners with Dorad Energy Ltd. to supply up to a total approximate quantity of 11.2BCM. Dorad will have an option to extend th
OSX Brasil S.A., a Brazil-based holding company involved in the oil and gas sector, announces that the Board of the Merchant Marine Fund (FMM – Fundo da Marinha Mercante) has approved the prioritization of additional funding, for a credit line of R$1.5 billion(USD 735.5 million), for the constructio
Ocean Rig UDW Inc., a global provider of offshore deepwater drilling services, announced today that it has signed a contract to construct a 7th Generation Ultra Deepwater Drillship at Samsung Heavy Industries. This 7th Generation drillship is a sister ship to the three currently under construction a
Neptune Marine Services Limited has entered into an alliance with Beacon SubSea Limited, a subsea intervention service company that operates in Thailand. The alliance will allow Neptune and Beacon SubSea to use their combined service capabilities and experience to provide engineering and total servi
At Heerema Fabrication Group’s yard in Hartlepool, United Kingdom the BP Andrew process module is completed and has set sail to its final offshore destination in UK’s central North Sea 4 October 2012. Early 2011 Heerema Hartlepool started the fabrication of the 750 tons process module with a length
The Norwegian Petroleum Directorate has granted Eni Norge AS a drilling permit for well 7122/7-6, cf. Section 8 of the Resource Management Regulations. Well 7122/7-6 will be drilled by the Scarabeo 8 drilling facility in position 71o16`11.44″ north and 22o19´20.14″ east. The drilling program for wel
International health and safety training specialist, Falck Nutec, has strengthened its UK management team with the appointment of two new directors. Allison Walker steps up to director of sales and marketing, Niel Rennie has been appointed finance director and they will be supported by human resourc
Sweden’s Scana Industrier ASA has through its subsidiary Scana Subsea, been awarded a contract to deliver finished machined riser forgings. The value of the contract is approx. 83 mill. SEK. (USD 11.95 million) The high Pressure Production Risers are intended for a Tension Leg Platform (TLP) on the
FoundOcean, awarded multiple North Sea repair and strengthening contracts, a UK based company specialised subsea and offshore grouting has been awarded multiple North Sea repair and strengthening contracts. Jim Bell, Managing Director of FoundOcean said, “Maintenance is an essential part of ensuring
Wärtsilä, the marine industry’s leading solutions and services provider, has been awarded the contract from Jurong Shipyard Pte Ltd, a subsidiary of Sembcorp Marine to supply main generating engines and thrusters for six new deep water drill ships to be built in Brazil at Estaleiro Jurong Aracruz. T
Minexco S.L Limited has executed a Petroleum License agreement along with Signet Petroleum, with the Petroleum Directorate of Sierra Leone for Block SL7A-10. The Petroleum License was ratified by the Sierra Leone Parliament in Freetown on 21st September 2012. Minexco has been appointed as Operator o
Northern Offshore, Ltd. has completed the previously-announced sale of its jack-up rig Energy Exerter. The company did not reveal the name of the customer. The net proceeds from the sale after fees and expenses is approximately US$43.5 million, with a financial net gain of approximately US$7.5 milli
Bayfield Energy Holdings plc and Trinity Exploration & Production Limited have announced an agreement on the terms of a conditional merger of the companies. Under the agreement, Bayfield, operator of Galeota licence offshore Trinidad, will acquire a 100% shares of Trinity, and a company under the na
